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Jamaican (JSE) Market Analysis & Valuation

UpdatedSep 24, 2023
DataAggregated Company Financials
Companies93
  • 7D0.3%
  • 3M-4.3%
  • 1Y-13.5%
  • YTD-11.7%

The Real Estate sector gained 5.1% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 14%.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Sep 2023JA$1.4tJA$1.1tJA$143.3b14.5x9.6x1.3x
Tue, 22 Aug 2023JA$1.4tJA$1.1tJA$141.8b14.5x10x1.3x
Thu, 20 Jul 2023JA$1.5tJA$1.1tJA$133.3b14.9x11x1.4x
Sat, 17 Jun 2023JA$1.5tJA$1.1tJA$134.8b15.2x10.9x1.4x
Mon, 15 May 2023JA$1.5tJA$1.0tJA$128.5b15.9x11.7x1.5x
Wed, 12 Apr 2023JA$1.5tJA$1.0tJA$135.4b14.7x10.8x1.4x
Fri, 10 Mar 2023JA$1.5tJA$1.0tJA$135.1b14.7x10.9x1.4x
Sun, 05 Feb 2023JA$1.5tJA$1.0tJA$138.2b15.6x11x1.5x
Tue, 03 Jan 2023JA$1.6tJA$1.0tJA$138.2b16x11.7x1.6x
Thu, 01 Dec 2022JA$1.6tJA$993.4bJA$134.9b15.7x11.5x1.6x
Sat, 29 Oct 2022JA$1.6tJA$955.9bJA$137.3b15.2x11.5x1.7x
Mon, 26 Sep 2022JA$1.6tJA$952.8bJA$138.7b17.2x11.6x1.7x
Wed, 24 Aug 2022JA$1.6tJA$934.8bJA$138.7b16.1x11.5x1.7x
Fri, 22 Jul 2022JA$1.7tJA$912.8bJA$133.4b16.2x12.9x1.9x
Sun, 19 Jun 2022JA$1.7tJA$897.5bJA$128.8b14.1x13.2x1.9x
Tue, 17 May 2022JA$1.8tJA$847.4bJA$118.3b19.1x15.3x2.1x
Thu, 14 Apr 2022JA$1.7tJA$835.5bJA$112.1b19.1x15.5x2.1x
Sat, 12 Mar 2022JA$1.7tJA$825.2bJA$109.1b17.7x15.5x2.1x
Mon, 07 Feb 2022JA$1.7tJA$823.3bJA$108.7b18.5x16x2.1x
Wed, 05 Jan 2022JA$1.7tJA$821.7bJA$108.5b17.8x15.4x2x
Fri, 03 Dec 2021JA$1.7tJA$817.9bJA$111.1b17.6x14.9x2x
Sun, 31 Oct 2021JA$1.7tJA$791.9bJA$104.3b18.9x16.5x2.2x
Tue, 28 Sep 2021JA$1.7tJA$787.9bJA$103.5b17.4x16.3x2.1x
Thu, 26 Aug 2021JA$1.7tJA$787.5bJA$104.2b17.2x16.4x2.2x
Fri, 02 Jul 2021JA$1.7tJA$786.0bJA$104.0b18.1x16.8x2.2x
Mon, 05 Apr 2021JA$1.6tJA$744.7bJA$96.0b18.3x16.9x2.2x
Thu, 07 Jan 2021JA$1.6tJA$722.4bJA$88.8b19.7x17.7x2.2x
Wed, 30 Sep 2020JA$1.5tJA$724.7bJA$89.4b19.3x17.1x2.1x
Price to Earnings Ratio

17.1x


Total Market Cap: JA$1.5tTotal Earnings: JA$89.4bTotal Revenue: JA$724.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Market Price to Earnings3Y Average 14.3x202120222023
Current Market PE
  • Investors are pessimistic on the Jamaican market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 9.6x which is lower than its 3-year average PE of 14.3x.
Past Earnings Growth
  • The earnings for Jamaican listed companies have grown 17% 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 Market0.33%
Real Estate5.14%
Materials2.63%
Financials1.16%
Consumer Discretionary0.25%
Tech0%
Consumer Staples-0.19%
Utilities-2.66%
Energy-3.59%
Healthcare-3.94%
Industrials-4.73%
Telecom-8.29%
Sector PE
  • Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 61.2x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 14.9x.
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$34.0013.3%
+JA$12.4b
1.5%PB0.9xFinancials
PJAM Pan Jamaica GroupJA$45.007.1%
+JA$4.9b
-25.0%PE13.5xReal Estate
SEP SeprodJA$69.795.7%
+JA$2.8b
7.3%PE15xConsumer Staples
JP Jamaica Producers GroupJA$20.509.6%
+JA$1.9b
7.8%PE1.6xConsumer Staples
SJ Sagicor Group JamaicaJA$44.601.1%
+JA$1.9b
-10.8%PE9.4xFinancials
See more
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Latest News

FOSRICH

JA$2.24

FosRich

7D

13.7%

1Y

-44.0%

SGJ

JA$34.00

Scotia Group Jamaica

7D

13.3%

1Y

1.5%

PULS

JA$1.95

Pulse Investments

7D

-11.4%

1Y

-49.5%

WISYNCO

JA$17.05

Wisynco Group

7D

-5.2%

1Y

-2.8%

JMMBGL

JA$27.30

JMMB Group

7D

-2.8%

1Y

-31.6%

SEP

JA$69.79

Seprod

7D

5.7%

1Y

7.3%

ISP

JA$35.00

ISP Finance Services

7D

-22.1%

1Y

52.2%

PJAM

JA$45.00

Pan Jamaica Group

7D

7.1%

1Y

-25.0%

KW

JA$24.00

Kingston Wharves

7D

-9.5%

1Y

-45.5%

JP

JA$20.50

Jamaica Producers Group

7D

9.6%

1Y

7.8%

BIL

JA$78.99

Barita Investments

7D

0.9%

1Y

-16.0%

SJ

JA$44.60

Sagicor Group Jamaica

7D

1.1%

1Y

-10.8%

CCC

JA$49.00

Caribbean Cement

7D

3.2%

1Y

-19.7%

TJH

JA$2.52

Transjamaican Highway

7D

-5.6%

1Y

62.6%

NCBFG

JA$65.10

NCB Financial Group

7D

-2.8%

1Y

-26.9%

JBG

JA$31.03

Jamaica Broilers Group

7D

-2.6%

1Y

5.9%