Barita Investments (XJAM:BIL) PB Ratio : 2.43 (As of May. 27, 2024)

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What is Barita 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 (2024-05-27), Barita Investments's share price is JMD72.00. Barita Investments's Book Value per Share for the quarter that ended in Mar. 2024 was JMD29.67. Hence, Barita Investments's PB Ratio of today is 2.43.

Good Sign:

Barita Investments Ltd stock PB Ratio (=2.43) is close to 5-year low of 2.29

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

XJAM:BIL' s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 2.45 Max: 7.71
Current: 2.43

During the past 13 years, Barita Investments's highest PB Ratio was 7.71. The lowest was 0.44. And the median was 2.45.

XJAM:BIL's PB Ratio is ranked worse than
68.82% of 760 companies
in the Capital Markets industry
Industry Median: 1.31 vs XJAM:BIL: 2.43

During the past 12 months, Barita Investments's average Book Value Per Share Growth Rate was -1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 28.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 30.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Barita Investments was 63.30% per year. The lowest was -1.30% per year. And the median was 18.05% per year.

Back to Basics: PB Ratio

Barita Investments PB Ratio Historical Data

The historical data trend for Barita 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.

Barita Investments PB Ratio Chart

Barita Investments Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

Get a 7-Day Free Trial

5.15

3.75

3.59

4.01

2.62

Barita Investments Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															2.66	2.53	2.62	2.42	2.36

Competitive Comparison of Barita Investments's PB Ratio

For the Capital Markets subindustry, Barita 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.

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

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

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

Barita 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	72.00	/	29.673
	=	2.43

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Barita Investments (XJAM:BIL) 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.

Barita Investments PB Ratio Related Terms

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

Barita Investments (XJAM:BIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Barita Investments Ltd (XJAM:BIL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Street Lucia Way, Kingston, JAM, 5

Website

https://www.barita.com

Barita Investments Ltd is a stock broking company. Its services include fixed-income services, fund management services, and the operation of foreign exchange and other income. The group has three business segments; The fixed income segment includes money market activities and securities broking, the Funds management segment includes the administration of a number of managed funds, and the Other operations segment includes the operation of foreign exchange cambio, investment banking, stock broking, and any other income.