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Jamaican (JSE) Market Analysis & Valuation

UpdatedJan 22, 2025
DataAggregated Company Financials
Companies93
  • 7D0.4%
  • 3M6.2%
  • 1Y5.6%
  • YTD-1.6%

In the last week, the market has stayed flat, however the Real Estate sector stood out, gaining 6.3%. Meanwhile, the market is actually up 5.6% over the past year.

Market Valuation and Performance

Has the Jamaican Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jan 2025JA$1.6tJA$1.2tJA$129.3b17.2x12.6x1.3x
Fri, 20 Dec 2024JA$1.6tJA$1.2tJA$131.2b16.9x12x1.3x
Sun, 17 Nov 2024JA$1.5tJA$1.2tJA$129.4b17.3x11.9x1.3x
Tue, 15 Oct 2024JA$1.5tJA$1.2tJA$128.1b14.6x11.8x1.2x
Thu, 12 Sep 2024JA$1.5tJA$1.2tJA$128.1b14.4x11.5x1.2x
Sat, 10 Aug 2024JA$1.5tJA$1.2tJA$143.8b13.9x10.3x1.2x
Mon, 08 Jul 2024JA$1.5tJA$1.2tJA$144.0b13.6x10.5x1.3x
Wed, 05 Jun 2024JA$1.5tJA$1.2tJA$152.8b13.9x10x1.3x
Fri, 03 May 2024JA$1.5tJA$1.2tJA$149.9b15.1x10.2x1.3x
Sun, 31 Mar 2024JA$1.6tJA$1.2tJA$150.4b14.6x10.4x1.3x
Tue, 27 Feb 2024JA$1.6tJA$1.2tJA$165.0b14.9x9.4x1.3x
Thu, 25 Jan 2024JA$1.5tJA$1.1tJA$145.4b15x10.2x1.3x
Sat, 23 Dec 2023JA$1.5tJA$1.1tJA$145.5b14.6x10x1.3x
Mon, 20 Nov 2023JA$1.4tJA$1.1tJA$156.9b14.2x8.8x1.2x
Wed, 18 Oct 2023JA$1.4tJA$1.1tJA$142.9b14.8x9.8x1.3x
Fri, 15 Sep 2023JA$1.4tJA$1.1tJA$143.4b14.1x9.7x1.3x
Sun, 13 Aug 2023JA$1.4tJA$1.1tJA$126.1b15.3x11.3x1.3x
Tue, 11 Jul 2023JA$1.5tJA$1.1tJA$134.8b15.4x11x1.4x
Thu, 08 Jun 2023JA$1.5tJA$1.1tJA$133.0b15.7x11.3x1.4x
Sat, 06 May 2023JA$1.5tJA$1.0tJA$134.1b15.1x11.3x1.5x
Mon, 03 Apr 2023JA$1.5tJA$1.0tJA$135.0b15.2x11.3x1.5x
Wed, 01 Mar 2023JA$1.5tJA$1.0tJA$137.7b15.3x11x1.5x
Fri, 27 Jan 2023JA$1.5tJA$1.0tJA$138.1b15.3x10.9x1.5x
Sun, 25 Dec 2022JA$1.5tJA$1.0tJA$138.4b14.6x11.1x1.5x
Tue, 22 Nov 2022JA$1.5tJA$993.4bJA$134.9b14.5x11.3x1.5x
Thu, 20 Oct 2022JA$1.6tJA$953.1bJA$136.9b15.9x11.7x1.7x
Sat, 17 Sep 2022JA$1.6tJA$944.0bJA$137.9b17.1x11.7x1.7x
Mon, 15 Aug 2022JA$1.6tJA$928.0bJA$138.4b15.9x11.9x1.8x
Wed, 13 Jul 2022JA$1.7tJA$904.6bJA$128.9b16.4x13.2x1.9x
Fri, 10 Jun 2022JA$1.7tJA$890.7bJA$126.3b15.2x13.6x1.9x
Sun, 08 May 2022JA$1.8tJA$837.8bJA$112.5b19.1x16x2.1x
Tue, 05 Apr 2022JA$1.7tJA$831.8bJA$111.4b18.8x15.3x2.1x
Thu, 03 Mar 2022JA$1.7tJA$825.2bJA$109.1b17.9x15.6x2.1x
Sat, 29 Jan 2022JA$1.7tJA$822.7bJA$108.7b18.4x15.6x2.1x
Price to Earnings Ratio

15.6x


Total Market Cap: JA$1.7tTotal Earnings: JA$108.7bTotal Revenue: JA$822.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Market Price to Earnings3Y Average 11.6x202320242025
Current Market PE
  • Investors are relatively neutral on the Jamaican market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 11.6x.
Past Earnings Growth
  • The earnings for Jamaican listed companies have grown 6.0% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Jamaican Market?

JM Market0.39%
Real Estate6.25%
Financials2.03%
Healthcare1.53%
Tech0.02%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Utilities-0.15%
Consumer Staples-0.32%
Consumer Discretionary-1.69%
Materials-1.99%
Industrials-4.02%
Telecom-4.79%
Energy-5.96%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 25.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
SGJ Scotia Group JamaicaJA$63.0014.5%
+JA$24.9b
57.5%PB1.4xFinancials
PROVENJA PROVEN GroupJA$20.4817.0%
+JA$2.4b
1.2%PE10.6xFinancials
SVL Supreme VenturesJA$22.004.0%
+JA$2.2b
-12.0%PE28.2xConsumer Discretionary
CCC Caribbean CementJA$83.633.2%
+JA$2.2b
63.1%PE11.7xMaterials
SML Stanley MottaJA$8.0014.3%
+JA$757.8m
24.0%PE3.4xReal Estate
See more
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Market Insights

Earnings season is underway, which means analysts will probably be adjusting their earnings estimates and price targets over the next few months. As it stands, there’s a big difference between...

Latest News

NCBFG

JA$50.25

NCB Financial Group

7D

-0.5%

1Y

-26.1%

SML

JA$8.00

Stanley Motta

7D

14.3%

1Y

24.0%

SGJ

JA$63.00

Scotia Group Jamaica

7D

14.5%

1Y

57.5%

SEP

JA$85.00

Seprod

7D

1.2%

1Y

-2.1%

JMMBGL

JA$20.60

JMMB Group

7D

-3.0%

1Y

-15.9%

CAR

JA$13.98

Carreras

7D

-4.2%

1Y

69.5%

PJAM

JA$50.32

Pan Jamaica Group

7D

-1.1%

1Y

0.7%

PROVENJA

JA$20.48

PROVEN Group

7D

17.0%

1Y

1.2%

SJ

JA$38.93

Sagicor Group Jamaica

7D

-3.4%

1Y

-10.3%

WISYNCO

JA$21.15

Wisynco Group

7D

-2.0%

1Y

3.0%

GK

JA$72.00

GraceKennedy

7D

-2.7%

1Y

-6.8%

KEX

JA$12.98

Knutsford Express Services

7D

11.9%

1Y

4.7%

SVL

JA$22.00

Supreme Ventures

7D

4.0%

1Y

-12.0%

CCC

JA$83.63

Caribbean Cement

7D

3.2%

1Y

63.1%

JBG

JA$38.60

Jamaica Broilers Group

7D

-5.8%

1Y

15.4%

MJE

JA$10.00

MAYBERRY JAMAICAN EQUITIES

7D

6.7%

1Y

9.9%