Jamaican (JSE) Financials Sector Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies24
- 7D-1.0%
- 3M-7.4%
- 1Y-8.7%
- YTD-5.9%
In the last week, Financials has been flat. As for the longer term, the industry has declined 8.7% in the last year.
Sector Valuation and Performance
Has the Jamaican Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | JA$637.5b | JA$366.9b | JA$72.0b | 14.2x | 8.9x | 1.7x |
| Mon, 15 Apr 2024 | JA$676.1b | JA$366.6b | JA$71.9b | 13.7x | 9.4x | 1.8x |
| Wed, 13 Mar 2024 | JA$642.9b | JA$345.0b | JA$70.4b | 14.8x | 9.1x | 1.9x |
| Fri, 09 Feb 2024 | JA$658.0b | JA$354.9b | JA$71.2b | 15.9x | 9.2x | 1.9x |
| Sun, 07 Jan 2024 | JA$627.5b | JA$356.7b | JA$71.3b | 13.6x | 8.8x | 1.8x |
| Tue, 05 Dec 2023 | JA$615.0b | JA$356.3b | JA$71.2b | 14.2x | 8.6x | 1.7x |
| Thu, 02 Nov 2023 | JA$618.3b | JA$353.6b | JA$72.9b | 9.2x | 8.5x | 1.7x |
| Sat, 30 Sep 2023 | JA$628.4b | JA$353.5b | JA$72.8b | 9.3x | 8.6x | 1.8x |
| Mon, 28 Aug 2023 | JA$654.3b | JA$367.8b | JA$71.6b | 9.1x | 9.1x | 1.8x |
| Wed, 26 Jul 2023 | JA$654.9b | JA$355.2b | JA$71.1b | 14.1x | 9.2x | 1.8x |
| Fri, 23 Jun 2023 | JA$688.0b | JA$364.6b | JA$77.4b | 10.2x | 8.9x | 1.9x |
| Sun, 21 May 2023 | JA$698.8b | JA$352.3b | JA$73.0b | 14.8x | 9.6x | 2x |
| Tue, 18 Apr 2023 | JA$710.4b | JA$357.3b | JA$78.6b | 14.2x | 9x | 2x |
| Thu, 16 Mar 2023 | JA$702.2b | JA$355.0b | JA$78.4b | 9.7x | 9x | 2x |
| Sat, 11 Feb 2023 | JA$740.2b | JA$357.8b | JA$79.7b | 11.9x | 9.3x | 2.1x |
| Mon, 09 Jan 2023 | JA$765.3b | JA$359.5b | JA$80.6b | 13.3x | 9.5x | 2.1x |
| Wed, 07 Dec 2022 | JA$767.4b | JA$355.2b | JA$78.4b | 12.3x | 9.8x | 2.2x |
| Fri, 04 Nov 2022 | JA$784.5b | JA$342.3b | JA$80.4b | 12.2x | 9.8x | 2.3x |
| Sun, 02 Oct 2022 | JA$811.7b | JA$344.8b | JA$82.3b | 12.3x | 9.9x | 2.4x |
| Tue, 30 Aug 2022 | JA$814.0b | JA$344.4b | JA$81.1b | 12.7x | 10x | 2.4x |
| Thu, 28 Jul 2022 | JA$840.9b | JA$337.4b | JA$78.1b | 12.6x | 10.8x | 2.5x |
| Sat, 25 Jun 2022 | JA$859.7b | JA$332.7b | JA$74.4b | 12.1x | 11.6x | 2.6x |
| Mon, 23 May 2022 | JA$873.9b | JA$320.7b | JA$69.0b | 13.3x | 12.7x | 2.7x |
| Wed, 20 Apr 2022 | JA$898.2b | JA$311.5b | JA$63.3b | 13.2x | 14.2x | 2.9x |
| Fri, 18 Mar 2022 | JA$871.6b | JA$310.1b | JA$61.8b | 13.7x | 14.1x | 2.8x |
| Sun, 13 Feb 2022 | JA$903.6b | JA$308.1b | JA$61.4b | 14.1x | 14.7x | 2.9x |
| Tue, 11 Jan 2022 | JA$887.4b | JA$308.1b | JA$61.4b | 13x | 14.4x | 2.9x |
| Thu, 09 Dec 2021 | JA$851.0b | JA$308.2b | JA$63.9b | 13.6x | 13.3x | 2.8x |
| Sat, 06 Nov 2021 | JA$888.4b | JA$301.8b | JA$58.6b | 14.9x | 15.2x | 2.9x |
| Mon, 04 Oct 2021 | JA$920.1b | JA$301.4b | JA$58.5b | 15.7x | 15.7x | 3.1x |
| Wed, 01 Sep 2021 | JA$909.1b | JA$301.3b | JA$57.8b | 15.6x | 15.7x | 3x |
| Thu, 08 Jul 2021 | JA$932.8b | JA$301.3b | JA$57.8b | 16.3x | 16.1x | 3.1x |
Price to Earnings Ratio
15.8x
Current Industry PE
- Investors are pessimistic on the Jamaican Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 8.9x which is lower than its 3-year average PE of 11.2x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 8.1% per year over the last three years.
- Revenues for these companies have grown 8.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Jamaican Financials sector?
| JM Market | -0.61% | |
| Financials | -0.99% | |
| Insurance | 0.69% | |
| Capital Markets | 0.55% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | -1.85% | |
| Banks | -2.77% | |
| Consumer Finance | -5.05% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry, which is trading close to its 3-year average PE ratio of 50.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 10.6x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SGJ Scotia Group Jamaica | JA$43.25 | 1.8% +JA$2.3b | 26.5% | PB1.1x | |
| BIL Barita Investments | JA$71.80 | 2.5% +JA$2.1b | -4.3% | PE30.5x | |
| PROVENJA PROVEN Group | JA$21.43 | 7.2% +JA$1.1b | -18.5% | PE11.2x | |
| SJ Sagicor Group Jamaica | JA$40.40 | 0.5% +JA$818.8m | -18.4% | PE11x | |
| EPLY Eppley | JA$39.50 | 6.7% +JA$479.2m | 6.5% | PE15x |