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Jamaican (JSE) Market Analysis & Valuation
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies93
- 7D0.5%
- 3M5.1%
- 1Y4.5%
- YTD0.9%
In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 16%. As for the longer term, the market has risen 4.5% in the past 12 months.
Market Valuation and Performance
Has the Jamaican Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 23 Dec 2024 | JA$1.6t | JA$1.2t | JA$131.2b | 16.6x | 12x | 1.3x |
| Wed, 20 Nov 2024 | JA$1.5t | JA$1.2t | JA$130.2b | 17.3x | 11.8x | 1.3x |
| Fri, 18 Oct 2024 | JA$1.5t | JA$1.2t | JA$128.1b | 15.2x | 11.8x | 1.2x |
| Sun, 15 Sep 2024 | JA$1.5t | JA$1.2t | JA$128.0b | 14.4x | 11.5x | 1.2x |
| Tue, 13 Aug 2024 | JA$1.5t | JA$1.2t | JA$143.1b | 14x | 10.4x | 1.2x |
| Thu, 11 Jul 2024 | JA$1.5t | JA$1.2t | JA$144.0b | 13.9x | 10.6x | 1.3x |
| Sat, 08 Jun 2024 | JA$1.5t | JA$1.2t | JA$153.0b | 13.7x | 10x | 1.3x |
| Mon, 06 May 2024 | JA$1.5t | JA$1.2t | JA$149.9b | 14.9x | 10.2x | 1.3x |
| Wed, 03 Apr 2024 | JA$1.6t | JA$1.2t | JA$150.3b | 14.6x | 10.4x | 1.3x |
| Fri, 01 Mar 2024 | JA$1.6t | JA$1.2t | JA$164.9b | 15.2x | 9.5x | 1.3x |
| Sun, 28 Jan 2024 | JA$1.5t | JA$1.1t | JA$145.3b | 14.8x | 10.3x | 1.4x |
| Tue, 26 Dec 2023 | JA$1.5t | JA$1.1t | JA$145.5b | 14.6x | 10x | 1.3x |
| Thu, 23 Nov 2023 | JA$1.4t | JA$1.1t | JA$157.0b | 14x | 8.8x | 1.2x |
| Sat, 21 Oct 2023 | JA$1.4t | JA$1.1t | JA$142.9b | 14.9x | 9.7x | 1.3x |
| Mon, 18 Sep 2023 | JA$1.4t | JA$1.1t | JA$143.4b | 14.1x | 9.6x | 1.2x |
| Wed, 16 Aug 2023 | JA$1.4t | JA$1.1t | JA$126.8b | 16.1x | 11.2x | 1.3x |
| Fri, 14 Jul 2023 | JA$1.5t | JA$1.1t | JA$133.1b | 15.2x | 11.1x | 1.4x |
| Sun, 11 Jun 2023 | JA$1.5t | JA$1.1t | JA$133.0b | 15.3x | 11.1x | 1.4x |
| Tue, 09 May 2023 | JA$1.5t | JA$1.0t | JA$132.9b | 16x | 11.3x | 1.4x |
| Thu, 06 Apr 2023 | JA$1.5t | JA$1.0t | JA$135.1b | 14.7x | 10.9x | 1.4x |
| Sat, 04 Mar 2023 | JA$1.5t | JA$1.0t | JA$134.9b | 15.3x | 11.3x | 1.5x |
| Mon, 30 Jan 2023 | JA$1.5t | JA$1.0t | JA$138.1b | 15.8x | 11.1x | 1.5x |
| Wed, 28 Dec 2022 | JA$1.5t | JA$1.0t | JA$138.3b | 14.6x | 11.1x | 1.5x |
| Fri, 25 Nov 2022 | JA$1.5t | JA$993.5b | JA$134.9b | 14.6x | 11.2x | 1.5x |
| Sun, 23 Oct 2022 | JA$1.6t | JA$955.6b | JA$137.2b | 16.6x | 11.7x | 1.7x |
| Tue, 20 Sep 2022 | JA$1.6t | JA$947.1b | JA$138.2b | 17.1x | 11.6x | 1.7x |
| Thu, 18 Aug 2022 | JA$1.6t | JA$927.8b | JA$138.3b | 16x | 11.9x | 1.8x |
| Sat, 16 Jul 2022 | JA$1.7t | JA$910.2b | JA$133.4b | 16.5x | 12.9x | 1.9x |
| Mon, 13 Jun 2022 | JA$1.7t | JA$892.9b | JA$128.4b | 14.4x | 13.3x | 1.9x |
| Wed, 11 May 2022 | JA$1.8t | JA$838.0b | JA$112.5b | 19.6x | 16x | 2.2x |
| Fri, 08 Apr 2022 | JA$1.8t | JA$831.7b | JA$111.4b | 19.3x | 15.9x | 2.1x |
| Sun, 06 Mar 2022 | JA$1.7t | JA$825.1b | JA$109.1b | 18.2x | 15.6x | 2.1x |
| Tue, 01 Feb 2022 | JA$1.7t | JA$822.8b | JA$108.7b | 18.4x | 15.8x | 2.1x |
| Thu, 30 Dec 2021 | JA$1.7t | JA$821.0b | JA$108.9b | 17.7x | 15.4x | 2x |
Price to Earnings Ratio
15.4x
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 11.7x.
Past Earnings Growth
- The earnings for Jamaican listed companies have grown 6.4% 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 Market | 0.48% | |
| Telecom | 16.25% | |
| Real Estate | 6.23% | |
| Utilities | 2.00% | |
| Energy | 1.95% | |
| Materials | 1.03% | |
| Consumer Discretionary | 0.57% | |
| Financials | 0.51% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Consumer Staples | -0.20% | |
| Industrials | -2.09% | |
| Tech | -3.38% | |
| Healthcare | -5.68% | |
Sector PE
- Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 18.8x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.2x.
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 | |
|---|---|---|---|---|---|---|
| SGJ Scotia Group Jamaica | JA$53.89 | 3.6% +JA$5.9b | 40.3% | PB1.2x | Financials | |
| PJAM Pan Jamaica Group | JA$51.45 | 7.1% +JA$5.6b | 5.0% | PE32.3x | Real Estate | |
| PULS Pulse Investments | JA$1.38 | 38.0% +JA$2.5b | -34.0% | PE16.6x | Telecom | |
| KW Kingston Wharves | JA$32.20 | 4.0% +JA$1.7b | 19.3% | PE15.2x | Industrials | |
| LASM Lasco Manufacturing | JA$7.48 | 3.2% +JA$950.6m | 61.6% | PE12.3x | Consumer Staples |
