Barita Investments (XJAM:BIL) Cyclically Adjusted PB Ratio: (As of Aug. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XJAM:BIL Barita Investments Ltd XJAM:BIL
61 GF Score
Price JMD64.89
GF Value JMD17,059.90
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Barita Investments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Barita Investments  (XJAM:BIL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Barita Investments Cyclically Adjusted PB Ratio Related Terms


Barita Investments Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Barita Investments's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Barita Investments Cyclically Adjusted PB Ratio Chart

Barita Investments Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.54 4.50 3.77 3.56

Barita Investments Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.21 3.56 3.03 2.83 0.00

XJAM:BIL vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Barita Investments's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Barita Investments Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Barita Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Barita Investments's Cyclically Adjusted PB Ratio falls into.


XJAM:BIL
61GF Score
Barita Investments Ltd XJAM:BIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barita Investments Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Barita Investments's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Barita Investments's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.634/333.9520*333.9520
=31.634

Current CPI (Jun. 2026) = 333.9520.

Barita Investments Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.643 241.428 7.806
201612 6.157 241.432 8.516
201703 6.420 243.801 8.794
201706 7.078 244.955 9.650
201709 6.281 246.819 8.498
201712 6.627 246.524 8.977
201803 6.413 249.554 8.582
201806 7.231 251.989 9.583
201809 6.907 252.439 9.137
201812 6.881 251.233 9.147
201903 12.351 254.202 16.226
201906 14.689 256.143 19.151
201909 16.788 256.759 21.835
201912 17.449 256.974 22.676
202003 17.817 258.115 23.052
202006 18.611 257.797 24.109
202009 25.567 260.280 32.804
202012 26.254 260.474 33.660
202103 26.403 264.877 33.288
202106 27.873 271.696 34.260
202109 30.102 274.310 36.647
202112 30.641 278.802 36.702
202203 31.181 287.504 36.218
202206 31.275 296.311 35.248
202209 26.913 296.808 30.281
202212 28.837 296.797 32.447
202303 30.194 301.836 33.407
202306 29.592 305.109 32.389
202309 28.659 307.789 31.095
202312 30.586 306.746 33.299
202403 29.673 312.332 31.727
202406 30.159 314.175 32.057
202409 28.586 315.301 30.277
202412 29.544 315.605 31.261
202503 30.149 319.799 31.483
202506 31.284 322.561 32.389
202509 28.414 324.800 29.215
202512 29.748 324.054 30.657
202603 30.366 330.213 30.710
202606 31.634 333.952 31.634

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Barita Investments (XJAM:BIL) Overvalued in 2026?

Based on GuruFocus' analysis, Barita Investments stock appears to be undervalued. The current stock price of JMD64.89 is trading 99.6% below its estimated GF Value™ of JMD17,059.90. GuruFocus considers Barita Investments to be Possible Value Trap.

Key valuation signals for XJAM:BIL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: JMD17,059.90 vs. price of JMD64.89 (99.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the XJAM:BIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Barita Investments Business Description

Address 15 Street Lucia Way, Kingston, JAM, 5
Barita Investments Ltd is a licensed securities dealer, investment manager, pension administrator and cambio operator and has primary dealer status from Bank of Jamaica. The principal activities of company are securities brokerage, money market activities, cambio operations, investment banking, and fund management. Its products are Unit Trust Funds, Barita GPS, FX Income Accumulator, Capital Growth Fund, Money Market Fund, FX Growth Portfolio, FX Bond Portfolio, Real Estate Portfolio, Income Portfolio, Pension Management Fund, Individual Retirement Scheme, Fixed Income, Stocks and Research, etc. The company has three segments Fixed Income, Fund Management, and Other operations. The majority of revenue comes from Fixed Income which includes money market activities and securities broking.
61GF Score

Get the complete analysis for XJAM:BIL

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD64.89
Price
JMD17,059.90
GF Value