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Jamaican (JSE) Financials Sector Analysis
UpdatedJan 31, 2025
DataAggregated Company Financials
Companies26
- 7D1.3%
- 3M4.5%
- 1Y0.2%
- YTD0.8%
Last week, the Financials industry hasn't moved much but Sagicor Group Jamaica is up 8.1% in that time. In line with that, the industry has also been flat over the past 12 months.
Sector Valuation and Performance
Has the Jamaican Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 Jan 2025 | JA$687.8b | JA$352.0b | JA$65.1b | 12.8x | 10.6x | 2x |
| Sun, 29 Dec 2024 | JA$662.3b | JA$350.3b | JA$64.4b | 12.1x | 10.3x | 1.9x |
| Tue, 26 Nov 2024 | JA$637.9b | JA$348.2b | JA$64.4b | 13.3x | 9.9x | 1.8x |
| Thu, 24 Oct 2024 | JA$625.4b | JA$369.3b | JA$59.4b | 12.4x | 10.5x | 1.7x |
| Sat, 21 Sep 2024 | JA$615.7b | JA$368.4b | JA$59.7b | 12.7x | 10.3x | 1.7x |
| Mon, 19 Aug 2024 | JA$623.8b | JA$367.8b | JA$63.4b | 13.8x | 9.8x | 1.7x |
| Wed, 17 Jul 2024 | JA$640.6b | JA$365.7b | JA$63.3b | 11.8x | 10.1x | 1.8x |
| Fri, 14 Jun 2024 | JA$632.0b | JA$373.9b | JA$74.7b | 11.9x | 8.5x | 1.7x |
| Sun, 12 May 2024 | JA$642.9b | JA$367.1b | JA$72.0b | 14x | 8.9x | 1.8x |
| Tue, 09 Apr 2024 | JA$666.6b | JA$366.6b | JA$71.9b | 14x | 9.3x | 1.8x |
| Thu, 07 Mar 2024 | JA$659.3b | JA$350.0b | JA$70.7b | 14.6x | 9.3x | 1.9x |
| Sat, 03 Feb 2024 | JA$659.7b | JA$356.8b | JA$71.4b | 12.1x | 9.2x | 1.8x |
| Mon, 01 Jan 2024 | JA$671.0b | JA$356.8b | JA$71.3b | 14x | 9.4x | 1.9x |
| Wed, 29 Nov 2023 | JA$611.0b | JA$356.4b | JA$71.3b | 14.2x | 8.6x | 1.7x |
| Fri, 27 Oct 2023 | JA$608.7b | JA$353.5b | JA$72.8b | 8.9x | 8.4x | 1.7x |
| Sun, 24 Sep 2023 | JA$632.0b | JA$353.5b | JA$72.8b | 9.3x | 8.7x | 1.8x |
| Tue, 22 Aug 2023 | JA$642.2b | JA$367.7b | JA$71.6b | 9.3x | 9x | 1.7x |
| Thu, 20 Jul 2023 | JA$668.5b | JA$365.1b | JA$76.1b | 9.6x | 8.8x | 1.8x |
| Sat, 17 Jun 2023 | JA$682.0b | JA$364.5b | JA$77.3b | 10.4x | 8.8x | 1.9x |
| Mon, 15 May 2023 | JA$707.0b | JA$352.3b | JA$73.0b | 14.8x | 9.7x | 2x |
| Wed, 12 Apr 2023 | JA$706.7b | JA$357.3b | JA$78.6b | 12.8x | 9x | 2x |
| Fri, 10 Mar 2023 | JA$703.8b | JA$355.0b | JA$78.4b | 10x | 9x | 2x |
| Sun, 05 Feb 2023 | JA$748.9b | JA$357.8b | JA$79.6b | 12.7x | 9.4x | 2.1x |
| Tue, 03 Jan 2023 | JA$806.3b | JA$359.3b | JA$80.5b | 12.2x | 10x | 2.2x |
| Thu, 01 Dec 2022 | JA$774.1b | JA$355.3b | JA$78.5b | 12.6x | 9.9x | 2.2x |
| Sat, 29 Oct 2022 | JA$789.8b | JA$343.4b | JA$80.8b | 12.3x | 9.8x | 2.3x |
| Mon, 26 Sep 2022 | JA$790.6b | JA$344.7b | JA$82.2b | 11.8x | 9.6x | 2.3x |
| Wed, 24 Aug 2022 | JA$792.2b | JA$344.6b | JA$82.5b | 12.7x | 9.6x | 2.3x |
| Fri, 22 Jul 2022 | JA$849.6b | JA$337.3b | JA$77.9b | 12.3x | 10.9x | 2.5x |
| Sun, 19 Jun 2022 | JA$850.0b | JA$332.8b | JA$74.4b | 11.9x | 11.4x | 2.6x |
| Tue, 17 May 2022 | JA$905.9b | JA$320.9b | JA$69.1b | 13.3x | 13.1x | 2.8x |
| Thu, 14 Apr 2022 | JA$874.7b | JA$311.6b | JA$63.3b | 13.3x | 13.8x | 2.8x |
| Sat, 12 Mar 2022 | JA$881.2b | JA$310.1b | JA$61.8b | 13.8x | 14.3x | 2.8x |
| Mon, 07 Feb 2022 | JA$912.4b | JA$308.1b | JA$61.4b | 12.9x | 14.9x | 3x |
Price to Earnings Ratio
14.9x
Current Industry PE
- Investors are relatively neutral on the Jamaican Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.0x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Financials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Jamaican Financials sector?
| JM Market | 0.71% | |
| Financials | 1.32% | |
| Insurance | 7.57% | |
| Capital Markets | 1.37% | |
| Mortgage Finance | 0% | 0 |
| Mortgage REITs | 0% | 0 |
| Consumer Finance | 0% | 0 |
| Banks | -1.35% | |
| Diversified Financial | -2.62% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 46.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 10.2x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SJ Sagicor Group Jamaica | JA$40.00 | 8.1% +JA$11.7b | -9.0% | PE14.3x | |
| PROVENJA PROVEN Group | JA$19.50 | 8.8% +JA$1.3b | -5.8% | PE10x | |
| JMMBGL JMMB Group | JA$21.25 | 1.7% +JA$684.4m | -11.3% | PE4x | |
| LASF Lasco Financial Services | JA$1.60 | 3.2% +JA$64.0m | -25.2% | PE17.8x | |
| SELECTF Sagicor Select Funds | JA$0.47 | 2.2% +JA$51.0m | 27.0% | PB0.8x |