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The historical rank and industry rank for Jamaica Stock Exchange's Cyclically Adjusted PB Ratio or its related term are showing as below:
XJAM:JSE's Cyclically Adjusted PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.29 * Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.
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.
Jamaica Stock Exchange's adjusted book value per share data of for the fiscal year that ended in Dec23 was JMD3.735. 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 JMD3.11 for the trailing ten years ended in Dec23.
Shiller PE for Stocks: The True Measure of Stock Valuation
Jamaica Stock Exchange (XJAM:JSE) 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.
Jamaica Stock Exchange Cyclically Adjusted PB Ratio Related Terms
Jamaica Stock Exchange Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Jamaica Stock Exchange'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.
Jamaica Stock Exchange Cyclically Adjusted PB Ratio Chart
XJAM:JSE vs SPGI, ICE, CME: Cyclically Adjusted PB Ratio Comparison
For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange'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.
Jamaica Stock Exchange Cyclically Adjusted PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jamaica Stock Exchange's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Jamaica Stock Exchange's Cyclically Adjusted PB Ratio falls into.
Jamaica Stock Exchange 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.
* 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 2.84 mean?
Jamaica Stock Exchange (XJAM:JSE) has a Cyclically Adjusted PB Ratio of 2.84 as of Aug. 05, 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 Jamaica Stock Exchange and its competitors.
Is Jamaica Stock Exchange's Cyclically Adjusted PB Ratio too high?
Jamaica Stock Exchange's current Cyclically Adjusted PB Ratio is 2.84. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.29. Jamaica Stock Exchange's value of 2.84 is 120.2% above this industry median. Overall, Jamaica Stock Exchange has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Jamaica Stock Exchange's Cyclically Adjusted PB Ratio compare to SPGI and ICE?
Jamaica Stock Exchange's Cyclically Adjusted PB Ratio of 2.84 can be compared against companies in the Capital Markets industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Jamaica Stock Exchange's value of 2.84 is 120.2% above this benchmark. 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.29, based on 611 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. Jamaica Stock Exchange's current Cyclically Adjusted PB Ratio of 2.84 is 120.2% 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 Jamaica Stock Exchange and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jamaica Stock Exchange's current Cyclically Adjusted PB Ratio is 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jamaica Stock Exchange stock overvalued right now?
Jamaica Stock Exchange (XJAM:JSE) has a current Cyclically Adjusted PB Ratio of 2.84. The current Cyclically Adjusted PB Ratio is 2.84 and 120.2% above the Capital Markets industry median of 1.29. Jamaica Stock Exchange's overall GF Score™ is 22/100. 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 Jamaica Stock Exchange (XJAM:JSE), the current Cyclically Adjusted PB Ratio is 2.84 as of Aug. 05, 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.
Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The firm's operations are in Jamaica.
22GF Score
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