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CarrerasXJAM:CAR -0.20%73 PB Ratio is 46.14 as of Jul. 22, 2026, which is 117% above its 10-year median of 21.24. GuruFocus rates XJAM:CAR with a GF Score™ of 73/100 and a GF Value™ of JMD13.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 42 Tobacco Products companies, Carreras ranks worse than 97.62% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), Carreras's share price is JMD30.04. Carreras's Book Value per Share for the quarter that ended in Dec. 2025 was JMD0.65. Hence, Carreras's PB Ratio of today is 46.14.
Warning Sign:
Carreras Ltd stock PB Ratio (=46.24) is close to 10-year high of 46.24.
The historical rank and industry rank for Carreras's PB Ratio or its related term are showing as below:
XJAM:CAR'
s PB Ratio Range Over the Past 10 Years
Min: 16.68 Med: 21.24 Max: 46.24
Current: 46.15
During the past 13 years, Carreras's highest PB Ratio was 46.24. The lowest was 16.68. And the median was 21.24.
XJAM:CAR's PB Ratio is ranked worse than 97.62% of 42
companies
in the Tobacco Products industry
Industry Median: 2.765
vs XJAM:CAR: 46.15
During the past 12 months, Carreras's average Book Value Per Share Growth Rate was -16.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carreras was 21.40% per year. The lowest was -21.60% per year. And the median was 2.50% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Carreras PB Ratio Related Terms
Carreras PB Ratio Historical Data
* Premium members only.
The historical data trend for Carreras's 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.
For the Tobacco subindustry, Carreras's PB Ratio, along with its competitors' market caps and 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 PB Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Carreras's PB Ratio distribution charts can be found below:
* The bar in red indicates where Carreras's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Carreras's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Carreras (XJAM:CAR) has a PB Ratio of 46.14 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carreras and its competitors. This is 117% above median its historical median of 21.24. Over the past decade, Carreras' PB Ratio has ranged from 16.68 to 46.24. According to the industry distribution chart, Carreras ranks #41 out of 42 companies in the Tobacco Products industry, placing it in the top 97.6%.
Is Carreras' PB Ratio too high?
Carreras' current PB Ratio of 46.14 is 117% above median its 10-year median of 21.24. Over the past 10 years, this metric has ranged from a low of 16.68 to a high of 46.24. The Tobacco Products industry median PB Ratio is 2.77. Carreras' value of 46.14 is 1568.7% above this industry median. Based on the distribution chart, Carreras ranks #41 out of 42 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' PB Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, Carreras ranks #41 out of 42 companies for PB Ratio. This places Carreras in the lower half of its industry. The industry median PB Ratio is 2.77. Carreras' value of 46.14 is 1568.7% above this benchmark. Historically, Carreras' own PB Ratio has ranged from 16.68 to 46.24 over the past decade. While the company's 10-year median is 21.24 vs. the industry median of 2.77, 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 PB Ratio for a Tobacco Products company?
The median PB Ratio among Tobacco Products companies is 2.77, based on 42 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carreras's current PB Ratio of 46.14 is 1568.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carreras and its competitors. For the Tobacco Products industry, the median PB Ratio is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carreras's current PB Ratio is 46.14, which is 117% above median its own 10-year median of 21.24. 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 JMD13.05, compared to a current price of JMD30.04 — trading 130.2% above its estimated fair value. The current PB Ratio is 46.14, which is 117% above median its 10-year median of 21.24 and 1568.7% above the Tobacco Products industry median of 2.77. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Carreras (XJAM:CAR), the current PB Ratio is 46.14 as of Jul. 22, 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 JMD30.04 is trading 130.2% above its estimated GF Value™ of JMD13.05.
GuruFocus considers Carreras to be Significantly Overvalued.
Key valuation signals for XJAM:CAR:
PB Ratio: 46.14 (117% above median its 10-year median of 21.24)
GF Value™: JMD13.05 vs. price of JMD30.04 (130.2% above fair value)
Industry Position: 1568.7% above the Tobacco Products median (#41 of 42)
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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