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NCB Financial GroupXJAM:NCBFG -1.02%60 PB Ratio is 0.96 as of Aug. 01, 2026, which is 44% below its 10-year median of 1.70. GuruFocus rates XJAM:NCBFG with a GF Score™ of 60/100 and a GF Value™ of JMD39.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 459 Diversified Financial Services companies, NCB Financial Group ranks better than 86.27% on this metric.
NCB Financial Group Ltd stock PB Ratio (=0.96) is close to 2-year high of 0.97.
The historical rank and industry rank for NCB Financial Group's PB Ratio or its related term are showing as below:
XJAM:NCBFG'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.7 Max: 3.95
Current: 0.96
During the past 13 years, NCB Financial Group's highest PB Ratio was 3.95. The lowest was 0.39. And the median was 1.70.
XJAM:NCBFG's PB Ratio is ranked better than 86.27% of 459
companies
in the Diversified Financial Services industry
Industry Median: 1.39
vs XJAM:NCBFG: 0.96
During the past 12 months, NCB Financial Group's average Book Value Per Share Growth Rate was 17.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NCB Financial Group was 17.70% per year. The lowest was -7.60% per year. And the median was 11.45% 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.
NCB Financial Group PB Ratio Related Terms
NCB Financial Group PB Ratio Historical Data
* Premium members only.
The historical data trend for NCB Financial Group'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 Financial Conglomerates subindustry, NCB Financial Group'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.
NCB Financial Group PB Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, NCB Financial Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where NCB Financial Group'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.
* 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.
NCB Financial Group (XJAM:NCBFG) has a PB Ratio of 0.96 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NCB Financial Group and its competitors. This is 44% below median its historical median of 1.70. Over the past decade, NCB Financial Group's PB Ratio has ranged from 0.39 to 3.95. According to the industry distribution chart, NCB Financial Group ranks #63 out of 459 companies in the Diversified Financial Services industry, placing it in the top 13.7%.
Is NCB Financial Group's PB Ratio too high?
NCB Financial Group's current PB Ratio of 0.96 is 44% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 3.95. The Diversified Financial Services industry median PB Ratio is 1.39. NCB Financial Group's value of 0.96 is 30.9% below this industry median. Based on the distribution chart, NCB Financial Group ranks #63 out of 459 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, NCB Financial Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCB Financial Group's PB Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, NCB Financial Group ranks #63 out of 459 companies for PB Ratio. This places NCB Financial Group in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.39. NCB Financial Group's value of 0.96 is 30.9% below this benchmark. Historically, NCB Financial Group's own PB Ratio has ranged from 0.39 to 3.95 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.39, NCB Financial Group has consistently been below 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 Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.39, based on 459 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. NCB Financial Group's current PB Ratio of 0.96 is 30.9% below 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 NCB Financial Group and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCB Financial Group's current PB Ratio is 0.96, which is 44% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCB Financial Group stock overvalued right now?
Based on GuruFocus' analysis, NCB Financial Group (XJAM:NCBFG) is currently considered Significantly Overvalued. The stock's GF Value™ is JMD39.49, compared to a current price of JMD74.00 — trading 87.4% above its estimated fair value. The current PB Ratio is 0.96, which is 44% below median its 10-year median of 1.70 and 30.9% below the Diversified Financial Services industry median of 1.39. NCB Financial Group's overall GF Score™ is 60/100 with 6 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 NCB Financial Group (XJAM:NCBFG), the current PB Ratio is 0.96 as of Aug. 01, 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 NCB Financial Group (XJAM:NCBFG) Overvalued in 2026?
Based on GuruFocus' analysis, NCB Financial Group stock appears to be overvalued.
The current stock price of JMD74.00 is trading 87.4% above its estimated GF Value™ of JMD39.49.
GuruFocus considers NCB Financial Group to be Significantly Overvalued.
Key valuation signals for XJAM:NCBFG:
PB Ratio: 0.96 (44% below median its 10-year median of 1.70)
GF Value™: JMD39.49 vs. price of JMD74.00 (87.4% above fair value)
Industry Position: 30.9% below the Diversified Financial Services median (#63 of 459)
No single metric tells the full story. See the XJAM:NCBFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCB Financial Group Ltd provides financial services. Its segments comprise Banking and Investment Activities which includes Consumer & SME Banking, Corporate and Commerical Banking, Payment services, Treasury and Correspondent banking, Wealth, Asset management, and Investment Banking; And Insurance Activities Life and Health Insurance and pension Management, and General Insurance. Maximum revenue is from Life and Health Insurance and pension Management sector, with maximum profit from Jamaica and Trinidad and Tobago.
60GF Score
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