Jamaican (JSE) Market Analysis & Valuation
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies86
- 7D-3.0%
- 3M1.4%
- 1Y1.0%
- YTD4.4%
Over the last 7 days, the market has dropped 3.0%, driven by a decline of 3.4% in the Financials sector. Although the market performance has been flat over the past year.
Market Valuation and Performance
Has the Jamaican Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | JA$1.8t | JA$847.8b | JA$118.1b | 18.5x |
| Wed, 20 Apr 2022 | JA$1.8t | JA$837.8b | JA$112.4b | 19.3x |
| Fri, 18 Mar 2022 | JA$1.7t | JA$825.4b | JA$109.1b | 18.2x |
| Sun, 13 Feb 2022 | JA$1.8t | JA$823.4b | JA$108.7b | 19.3x |
| Tue, 11 Jan 2022 | JA$1.7t | JA$822.4b | JA$108.6b | 17.6x |
| Thu, 09 Dec 2021 | JA$1.6t | JA$817.8b | JA$111.2b | 17x |
| Sat, 06 Nov 2021 | JA$1.7t | JA$792.4b | JA$104.5b | 19.1x |
| Mon, 04 Oct 2021 | JA$1.7t | JA$791.4b | JA$105.8b | 17.9x |
| Wed, 01 Sep 2021 | JA$1.7t | JA$787.5b | JA$104.2b | 18.1x |
| Thu, 08 Jul 2021 | JA$1.7t | JA$786.0b | JA$104.0b | 18.1x |
| Wed, 31 Mar 2021 | JA$1.6t | JA$744.7b | JA$96.0b | 18.3x |
| Sat, 02 Jan 2021 | JA$1.6t | JA$722.4b | JA$88.8b | 19.7x |
| Tue, 06 Oct 2020 | JA$1.5t | JA$724.7b | JA$89.4b | 19.3x |
| Fri, 10 Jul 2020 | JA$1.5t | JA$731.0b | JA$92.7b | 21.8x |
| Thu, 02 Apr 2020 | JA$1.5t | JA$739.9b | JA$105.9b | 17.6x |
| Sun, 05 Jan 2020 | JA$2.0t | JA$725.3b | JA$106.7b | 22.1x |
| Wed, 09 Oct 2019 | JA$2.0t | JA$692.3b | JA$104.4b | 24.3x |
| Tue, 02 Jul 2019 | JA$1.8t | JA$656.6b | JA$100.5b | 22.5x |
Median PE Ratio
22.4x
Current Market PE
- Investors are relatively neutral on the 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 19.9x.
Past Earnings Growth
- The earnings for Jamaican listed companies have grown 7.9% per year over the last three years.
- Revenues for these companies have grown 11% 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 Market | -3.05% | |
| Healthcare | 1.67% | |
| Materials | 1.48% | |
| Telecom | 1.31% | |
| Utilities | 0.81% | |
| Energy | 0% | |
| Real Estate | -0.062% | |
| Consumer Staples | -2.21% | |
| Industrials | -2.40% | |
| Financials | -3.44% | |
| Consumer Discretionary | -5.02% | |
| Tech | -14.95% | |
Sector PE
- Investors are most optimistic about the Utilities sector even though it's trading below its 3-year average PE ratio of 63.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 14.1x.
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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| GK GraceKennedy | JA$109.99 | 2.3% +JA$2.5b | 25.0% | PS13.3x | Consumer Staples | |
| SGJ Scotia Group Jamaica | JA$35.80 | 2.0% +JA$2.1b | -12.3% | PB1x | Financials | |
| PULS Pulse Investments | JA$3.99 | 3.9% +JA$978.4m | -11.3% | PS15.3x | Telecom | |
| CCC Caribbean Cement | JA$62.00 | 1.6% +JA$851.1m | -29.1% | PS12.9x | Materials | |
| ISP ISP Finance Services | JA$29.50 | 32.3% +JA$756.0m | 23.0% | PS45.6x | Financials |