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CarrerasXJAM:CAR 73 Cyclically Adjusted PB Ratio is 66.47 as of Aug. 08, 2026, which is 341% above its 10-year median of 15.08. GuruFocus rates XJAM:CAR with a GF Score™ of 73/100 and a GF Value™ of JMD13.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 28 Tobacco Products companies, Carreras ranks worse than 100% on this metric.
The historical rank and industry rank for Carreras's Cyclically Adjusted PB Ratio or its related term are showing as below:
XJAM:CAR'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.85 Med: 15.08 Max: 58.6
Current: 58.07
During the past 13 years, Carreras's highest Cyclically Adjusted PB Ratio was 58.60. The lowest was 9.85. And the median was 15.08.
XJAM:CAR's Cyclically Adjusted PB Ratio is ranked worse than 100% of 28
companies
in the Tobacco Products industry
Industry Median: 2.475
vs XJAM:CAR: 58.07
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Carreras's adjusted book value per share data of for the fiscal year that ended in Dec25 was JMD0.651. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is JMD0.53 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Carreras (XJAM:CAR) 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.
Carreras Cyclically Adjusted PB Ratio Related Terms
Carreras Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Carreras'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.
XJAM:CAR vs PM, MO, TPB: Cyclically Adjusted PB Ratio Comparison
For the Tobacco subindustry, Carreras'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.
Carreras Cyclically Adjusted PB Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Carreras's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Carreras's Cyclically Adjusted PB Ratio falls into.
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.
Carreras's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 66.47 mean?
Carreras (XJAM:CAR) has a Cyclically Adjusted PB Ratio of 66.47 as of Aug. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Carreras and its competitors. This is 341% above median its historical median of 15.08. Over the past decade, Carreras' Cyclically Adjusted PB Ratio has ranged from 9.85 to 58.60. According to the industry distribution chart, Carreras ranks #28 out of 28 companies in the Tobacco Products industry.
Is Carreras' Cyclically Adjusted PB Ratio too high?
Carreras' current Cyclically Adjusted PB Ratio of 66.47 is 341% above median its 10-year median of 15.08. Over the past 10 years, this metric has ranged from a low of 9.85 to a high of 58.60. The Tobacco Products industry median Cyclically Adjusted PB Ratio is 2.48. Carreras' value of 66.47 is 2585.7% above this industry median. Based on the distribution chart, Carreras ranks #28 out of 28 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Carreras has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carreras' Cyclically Adjusted PB Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, Carreras ranks #28 out of 28 companies for Cyclically Adjusted PB Ratio. This places Carreras in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.48. Carreras' value of 66.47 is 2585.7% above this benchmark. Historically, Carreras' own Cyclically Adjusted PB Ratio has ranged from 9.85 to 58.60 over the past decade. While the company's 10-year median is 15.08 vs. the industry median of 2.48, Carreras has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Tobacco Products company?
The median Cyclically Adjusted PB Ratio among Tobacco Products companies is 2.48, based on 28 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carreras's current Cyclically Adjusted PB Ratio of 66.47 is 2585.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Carreras and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PB Ratio is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carreras's current Cyclically Adjusted PB Ratio is 66.47, which is 341% above median its own 10-year median of 15.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carreras stock overvalued right now?
Based on GuruFocus' analysis, Carreras (XJAM:CAR) is currently considered Significantly Overvalued. The stock's GF Value™ is JMD13.10, compared to a current price of JMD35.23 — trading 168.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 66.47, which is 341% above median its 10-year median of 15.08 and 2585.7% above the Tobacco Products industry median of 2.48. Carreras' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Carreras (XJAM:CAR), the current Cyclically Adjusted PB Ratio is 66.47 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Carreras (XJAM:CAR) Overvalued in 2026?
Based on GuruFocus' analysis, Carreras stock appears to be overvalued.
The current stock price of JMD35.23 is trading 168.9% above its estimated GF Value™ of JMD13.10.
GuruFocus considers Carreras to be Significantly Overvalued.
Key valuation signals for XJAM:CAR:
Cyclically Adjusted PB Ratio: 66.47 (341% above median its 10-year median of 15.08)
GF Value™: JMD13.10 vs. price of JMD35.23 (168.9% above fair value)
Industry Position: 2585.7% above the Tobacco Products median (#28 of 28)
No single metric tells the full story. See the XJAM:CAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes, including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.
73GF Score
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