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Sterling Investments (XJAM:SIL) PB Ratio : 0.66 (As of Sep. 25, 2024)


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What is Sterling Investments PB Ratio?

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 (2024-09-25), Sterling Investments's share price is JMD2.17. Sterling Investments's Book Value per Share for the quarter that ended in Jun. 2024 was JMD3.29. Hence, Sterling Investments's PB Ratio of today is 0.66.

Good Sign:

Sterling Investments Ltd stock PB Ratio (=0.66) is close to 5-year low of 0.61

The historical rank and industry rank for Sterling Investments's PB Ratio or its related term are showing as below:

XJAM:SIL' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.93   Max: 1.63
Current: 0.66

During the past 11 years, Sterling Investments's highest PB Ratio was 1.63. The lowest was 0.55. And the median was 0.93.

XJAM:SIL's PB Ratio is ranked better than
77.53% of 761 companies
in the Capital Markets industry
Industry Median: 1.32 vs XJAM:SIL: 0.66

During the past 12 months, Sterling Investments's average Book Value Per Share Growth Rate was 15.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Sterling Investments was 10.80% per year. The lowest was -52.10% per year. And the median was 3.50% per year.

Back to Basics: PB Ratio


Sterling Investments PB Ratio Historical Data

The historical data trend for Sterling Investments'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.

* Premium members only.

Sterling Investments PB Ratio Chart

Sterling Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.83 0.77 0.92 0.80

Sterling Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 1.02 0.89 0.80 0.74 0.68

Competitive Comparison of Sterling Investments's PB Ratio

For the Capital Markets subindustry, Sterling Investments'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.


Sterling Investments's PB Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Sterling Investments's PB Ratio falls into.



Sterling Investments PB Ratio Calculation

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.

Sterling Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=2.17/3.293
=0.66

* 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.


Sterling Investments  (XJAM:SIL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Sterling Investments PB Ratio Related Terms

Thank you for viewing the detailed overview of Sterling Investments's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sterling Investments Business Description

Traded in Other Exchanges
N/A
Address
40 Knutsford Boulevard, 3rd Floor, Kingston 5, Kingston, JAM
Sterling Investments Ltd is an investment holding company. It invests primarily in an array of high-quality fixed income securities denominated in United States dollars. It generates income through interest income earned on the securities in the portfolio and through capital gains as a result of increases in the price of the securities.