Pan Jamaica Group (XJAM:PJAM) Graham Number: JMD58.51 (As of Mar. 2026) — 5636% Above Median

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XJAM:PJAM Pan Jamaica Group Ltd XJAM:PJAM
66 GF Score
Price JMD43.69
! 6 Warning Signs
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What is Pan Jamaica Group Graham Number?

Pan Jamaica Group XJAM:PJAM -0.27% 66 Graham Number is JMD58.51 as of Mar. 2026, which is 100% below its 10-year median of 1.02. GuruFocus rates XJAM:PJAM with a GF Score™ of 66/100. The stock has 6 warning signs investors should review. Among 83 Beverages - Non-Alcoholic companies, Pan Jamaica Group ranks better than 79.52% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-29), the stock price of Pan Jamaica Group is JMD43.69. Pan Jamaica Group's graham number for the quarter that ended in Mar. 2026 was JMD58.51. Therefore, Pan Jamaica Group's Price to Graham Number ratio for today is 0.75.

The historical rank and industry rank for Pan Jamaica Group's Graham Number or its related term are showing as below:

XJAM:PJAM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.55   Med: 1.02   Max: 2.01
Current: 0.75

During the past 13 years, the highest Price to Graham Number ratio of Pan Jamaica Group was 2.01. The lowest was 0.55. And the median was 1.02.

XJAM:PJAM's Price-to-Graham-Number is ranked better than
79.52% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.51 vs XJAM:PJAM: 0.75

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Pan Jamaica Group  (XJAM:PJAM) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Pan Jamaica Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=43.69/58.51
=0.75

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Pan Jamaica Group Graham Number Related Terms


Pan Jamaica Group Graham Number Historical Data

* Premium members only.

The historical data trend for Pan Jamaica Group's Graham Number 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.

Pan Jamaica Group Graham Number Chart

Pan Jamaica Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.61 44.59 47.64 51.55 68.22

Pan Jamaica Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number 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 59.06 65.24 70.66 65.10 58.51

XJAM:PJAM vs KO, PEP, MNST: Graham Number Comparison

For the Beverages - Non-Alcoholic subindustry, Pan Jamaica Group's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Pan Jamaica Group Price-to-Graham-Number vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Pan Jamaica Group's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Pan Jamaica Group's Price-to-Graham-Number falls into.


XJAM:PJAM
66GF Score
Pan Jamaica Group Ltd XJAM:PJAM
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Jamaica Group Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Pan Jamaica Group's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*48.676*4.249)
=68.22

Pan Jamaica Group's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*48.619*3.13)
=58.51

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of JMD58.51 mean?
Pan Jamaica Group (XJAM:PJAM) has a Graham Number of JMD58.51 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Pan Jamaica Group and its competitors. This is 5636% above median its historical median of 1.02. Over the past decade, Pan Jamaica Group's Graham Number has ranged from 0.55 to 2.01. According to the industry distribution chart, Pan Jamaica Group ranks #17 out of 83 companies in the Beverages - Non-Alcoholic industry, placing it in the top 20.5%.
Is Pan Jamaica Group's Graham Number too high?
Pan Jamaica Group's current Graham Number of JMD58.51 is 5636% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.01. Based on the distribution chart, Pan Jamaica Group ranks #17 out of 83 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Pan Jamaica Group has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Pan Jamaica Group's Graham Number compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Pan Jamaica Group ranks #17 out of 83 companies for Graham Number. This places Pan Jamaica Group in the top 21% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.51. Historically, Pan Jamaica Group's own Graham Number has ranged from 0.55 to 2.01 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Beverages - Non-Alcoholic company?
The median Graham Number among Beverages - Non-Alcoholic companies is 1.51, based on 83 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Pan Jamaica Group and its competitors. For the Beverages - Non-Alcoholic industry, the median Graham Number is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Jamaica Group's current Graham Number is JMD58.51, which is 5636% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Jamaica Group stock overvalued right now?
Pan Jamaica Group (XJAM:PJAM) has a current Graham Number of JMD58.51. The current Graham Number is JMD58.51, which is 5636% above median its 10-year median of 1.02. Pan Jamaica Group's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Pan Jamaica Group (XJAM:PJAM), the current Graham Number is JMD58.51 as of Mar. 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.

Pan Jamaica Group Business Description

Address 60 Knutsford Boulevard, Kingston, JAM, 5
Pan Jamaica Group Ltd is a Caribbean-based multinational holding company. It acquires, holds, and operates businesses in the Caribbean, Europe and the Americas. The company's business is divided into five segments: i) The Property and Infrastructure segment focuses on the development and management of real estate and related infrastructure. ii) The Financial Services segment provides products and services to institutional and individual investors. iii) The Global Services segment includes logistics-related operations. iv) The Specialty Foods segment is engaged in agriculture, processing, distribution and/or retail of food and drink. v) Corporate services, which comprises interest and investment income. The majority of the company's revenue is derived from the Specialty Foods segment.
66GF Score

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Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD43.69
Price