Scotia Group Jamaica (XJAM:SGJ) ROE % Adjusted to Book Value: 13.81% (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XJAM:SGJ Scotia Group Jamaica Ltd XJAM:SGJ
81 GF Score
Price JMD59.00
GF Value JMD62.73
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Scotia Group Jamaica ROE % Adjusted to Book Value?

Scotia Group Jamaica XJAM:SGJ -0.02% 81 ROE % Adjusted to Book Value is 13.81% as of Jul. 2026. GuruFocus rates XJAM:SGJ with a GF Score™ of 81/100 and a GF Value™ of JMD62.73 (Fairly Valued). The stock has 4 warning signs investors should review.

Scotia Group Jamaica's ROE % for the quarter that ended in Jul. 2026 was 14.17%. Scotia Group Jamaica's PB Ratio for the quarter that ended in Jul. 2026 was 1.03. Scotia Group Jamaica's ROE % Adjusted to Book Value for the quarter that ended in Jul. 2026 was 13.81%.


Scotia Group Jamaica ROE % Adjusted to Book Value Related Terms


Scotia Group Jamaica ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Scotia Group Jamaica's ROE % Adjusted to Book Value 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.

Scotia Group Jamaica ROE % Adjusted to Book Value Chart

Scotia Group Jamaica Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 8.93 17.45 14.90 12.36

Scotia Group Jamaica Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
ROE % Adjusted to Book Value 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 13.22 12.41 10.93 15.42 13.81

XJAM:SGJ vs USB, PNC: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, Scotia Group Jamaica's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Scotia Group Jamaica ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Scotia Group Jamaica's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Scotia Group Jamaica's ROE % Adjusted to Book Value falls into.


XJAM:SGJ
81GF Score
Scotia Group Jamaica Ltd XJAM:SGJ
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scotia Group Jamaica ROE % Adjusted to Book Value Calculation

Scotia Group Jamaica's ROE % Adjusted to Book Value for the fiscal year that ended in Oct. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.77% / 1.11
=12.36%

Scotia Group Jamaica's ROE % Adjusted to Book Value for the quarter that ended in Jul. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.17% / 1.03
=13.81%

* 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.

What does a ROE % Adjusted to Book Value of 13.81% mean?
Scotia Group Jamaica (XJAM:SGJ) has a ROE % Adjusted to Book Value of 13.81% as of Jul. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Scotia Group Jamaica and its competitors.
Is Scotia Group Jamaica's ROE % Adjusted to Book Value too high?
Scotia Group Jamaica's current ROE % Adjusted to Book Value is 13.81%. Overall, Scotia Group Jamaica has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scotia Group Jamaica's ROE % Adjusted to Book Value compare to USB and PNC?
Scotia Group Jamaica's ROE % Adjusted to Book Value of 13.81% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Scotia Group Jamaica and its competitors. Scotia Group Jamaica's current ROE % Adjusted to Book Value is 13.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scotia Group Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Scotia Group Jamaica (XJAM:SGJ) is currently considered Fairly Valued. The stock's GF Value™ is JMD62.73, compared to a current price of JMD59.00 — trading 5.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 13.81%. Scotia Group Jamaica's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Scotia Group Jamaica (XJAM:SGJ), the current ROE % Adjusted to Book Value is 13.81% as of Jul. 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 Scotia Group Jamaica (XJAM:SGJ) Overvalued in 2026?

Based on GuruFocus' analysis, Scotia Group Jamaica stock appears to be undervalued. The current stock price of JMD59.00 is trading 5.9% below its estimated GF Value™ of JMD62.73. GuruFocus considers Scotia Group Jamaica to be Fairly Valued.

Key valuation signals for XJAM:SGJ:

  • ROE % Adjusted to Book Value: 13.81%
  • GF Value™: JMD62.73 vs. price of JMD59.00 (5.9% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the XJAM:SGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scotia Group Jamaica Business Description

Address Port Royal Streets, P.O. Box 709, Corner Duke, Scotiabank Centre, Kingston, JAM
Scotia Group Jamaica Limited is a financial holding company operating primarily in Jamaica. Through its principal subsidiary, The Bank of Nova Scotia Jamaica Limited, and other subsidiaries, it offers retail and commercial banking, mortgages, credit cards, consumer loans, and deposit products to individuals, small and medium-sized businesses, corporations, and government clients. The group also provides wealth management, investment management, insurance services, and treasury and capital markets services. Its operations are concentrated in Jamaica, with a network of branches and automated banking machines serving customers islandwide. Revenue is generated mainly from net interest income on loans and deposits, supplemented by fees and commissions from banking, card, investment, and insurance services. The group is part of the Bank of Nova Scotia (Scotiabank) international network, which provides connections to broader Caribbean and international markets.
81GF Score

Get the complete analysis for XJAM:SGJ

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD59.00
Price
JMD62.73
GF Value