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Jamaican (JSE) Market Analysis & Valuation
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies92
- 7D0.4%
- 3M-0.6%
- 1Y2.0%
- YTD-1.8%
Over the last 7 days, the market has remained flat, although notably the Materials sector gained 7.2% in that time. In line with that, the market has also 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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | JA$1.5t | JA$1.2t | JA$128.1b | 14.6x | 11.8x | 1.2x |
| Thu, 12 Sep 2024 | JA$1.5t | JA$1.2t | JA$128.1b | 14.4x | 11.5x | 1.2x |
| Sat, 10 Aug 2024 | JA$1.5t | JA$1.2t | JA$143.8b | 13.9x | 10.3x | 1.2x |
| Mon, 08 Jul 2024 | JA$1.5t | JA$1.2t | JA$144.0b | 13.6x | 10.5x | 1.3x |
| Wed, 05 Jun 2024 | JA$1.5t | JA$1.2t | JA$152.8b | 13.9x | 10x | 1.3x |
| Fri, 03 May 2024 | JA$1.5t | JA$1.2t | JA$149.9b | 15.1x | 10.2x | 1.3x |
| Sun, 31 Mar 2024 | JA$1.6t | JA$1.2t | JA$150.4b | 14.6x | 10.4x | 1.3x |
| Tue, 27 Feb 2024 | JA$1.6t | JA$1.2t | JA$165.0b | 14.9x | 9.4x | 1.3x |
| Thu, 25 Jan 2024 | JA$1.5t | JA$1.1t | JA$145.4b | 15x | 10.2x | 1.3x |
| Sat, 23 Dec 2023 | JA$1.5t | JA$1.1t | JA$145.5b | 14.6x | 10x | 1.3x |
| Mon, 20 Nov 2023 | JA$1.4t | JA$1.1t | JA$156.9b | 14.2x | 8.8x | 1.2x |
| Wed, 18 Oct 2023 | JA$1.4t | JA$1.1t | JA$142.9b | 14.8x | 9.8x | 1.3x |
| Fri, 15 Sep 2023 | JA$1.4t | JA$1.1t | JA$143.4b | 14.1x | 9.7x | 1.3x |
| Sun, 13 Aug 2023 | JA$1.4t | JA$1.1t | JA$126.1b | 15.3x | 11.3x | 1.3x |
| Tue, 11 Jul 2023 | JA$1.5t | JA$1.1t | JA$134.8b | 15.4x | 11x | 1.4x |
| Thu, 08 Jun 2023 | JA$1.5t | JA$1.1t | JA$133.0b | 15.7x | 11.3x | 1.4x |
| Sat, 06 May 2023 | JA$1.5t | JA$1.0t | JA$134.1b | 15.1x | 11.3x | 1.5x |
| Mon, 03 Apr 2023 | JA$1.5t | JA$1.0t | JA$135.0b | 15.2x | 11.3x | 1.5x |
| Wed, 01 Mar 2023 | JA$1.5t | JA$1.0t | JA$137.7b | 15.3x | 11x | 1.5x |
| Fri, 27 Jan 2023 | JA$1.5t | JA$1.0t | JA$138.1b | 15.3x | 10.9x | 1.5x |
| Sun, 25 Dec 2022 | JA$1.5t | JA$1.0t | JA$138.4b | 14.6x | 11.1x | 1.5x |
| Tue, 22 Nov 2022 | JA$1.5t | JA$993.4b | JA$134.9b | 14.5x | 11.3x | 1.5x |
| Thu, 20 Oct 2022 | JA$1.6t | JA$953.1b | JA$136.9b | 15.9x | 11.7x | 1.7x |
| Sat, 17 Sep 2022 | JA$1.6t | JA$944.0b | JA$137.9b | 17.1x | 11.7x | 1.7x |
| Mon, 15 Aug 2022 | JA$1.6t | JA$928.0b | JA$138.4b | 15.9x | 11.9x | 1.8x |
| Wed, 13 Jul 2022 | JA$1.7t | JA$904.6b | JA$128.9b | 16.4x | 13.2x | 1.9x |
| Fri, 10 Jun 2022 | JA$1.7t | JA$890.7b | JA$126.3b | 15.2x | 13.6x | 1.9x |
| Sun, 08 May 2022 | JA$1.8t | JA$837.8b | JA$112.5b | 19.1x | 16x | 2.1x |
| Tue, 05 Apr 2022 | JA$1.7t | JA$831.8b | JA$111.4b | 18.8x | 15.3x | 2.1x |
| Thu, 03 Mar 2022 | JA$1.7t | JA$825.2b | JA$109.1b | 17.9x | 15.6x | 2.1x |
| Sat, 29 Jan 2022 | JA$1.7t | JA$822.7b | JA$108.7b | 18.4x | 15.6x | 2.1x |
| Mon, 27 Dec 2021 | JA$1.6t | JA$820.9b | JA$108.9b | 17.9x | 15.2x | 2x |
| Wed, 24 Nov 2021 | JA$1.7t | JA$817.7b | JA$111.0b | 16.9x | 14.9x | 2x |
| Fri, 22 Oct 2021 | JA$1.7t | JA$792.0b | JA$105.8b | 18.1x | 16x | 2.1x |
Price to Earnings Ratio
16x
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 11.9x.
Past Earnings Growth
- The earnings for Jamaican listed companies have grown 6.6% per year over the last three years.
- Revenues for these companies have grown 15% 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 | 0.37% | |
| Materials | 7.18% | |
| Consumer Discretionary | 2.74% | |
| Real Estate | 1.54% | |
| Energy | 0.71% | |
| Consumer Staples | 0.55% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Healthcare | -0.077% | |
| Financials | -0.57% | |
| Industrials | -0.69% | |
| Utilities | -2.08% | |
| Telecom | -3.22% | |
| Tech | -17.76% | |
Sector PE
- Investors favour the Energy sector the most for future growth even though it's trading below its 3-year average PE ratio of 64.0x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Materials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.4x.
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 | |
|---|---|---|---|---|---|---|
| NCBFG NCB Financial Group | JA$53.92 | 7.8% +JA$9.4b | -15.8% | PB0.8x | Financials | |
| CCC Caribbean Cement | JA$68.00 | 3.7% +JA$2.1b | 36.0% | PE7.8x | Materials | |
| KW Kingston Wharves | JA$27.37 | 5.3% +JA$1.9b | -11.0% | PE12.2x | Industrials | |
| WISYNCO Wisynco Group | JA$21.53 | 2.3% +JA$1.9b | 16.6% | PE15.8x | Consumer Staples | |
| SGJ Scotia Group Jamaica | JA$45.40 | 0.9% +JA$1.2b | 34.5% | PB1.1x | Financials |
