Jamaican (JSE) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies25
- 7D-0.7%
- 3M-3.5%
- 1Y-7.9%
- YTD-8.1%
Last week, the Financials industry hasn't moved much but JMMB Group is up 8.0% in that time. Unfortunately though, the industry is down 7.9% 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, 26 Jul 2024 | JA$627.9b | JA$365.3b | JA$63.6b | 12.2x | 9.9x | 1.7x |
| Sun, 23 Jun 2024 | JA$622.1b | JA$365.6b | JA$63.3b | 11.8x | 9.8x | 1.7x |
| Tue, 21 May 2024 | JA$644.8b | JA$367.0b | JA$72.0b | 14.2x | 9x | 1.8x |
| Thu, 18 Apr 2024 | JA$665.2b | JA$366.6b | JA$71.9b | 15.3x | 9.2x | 1.8x |
| Sat, 16 Mar 2024 | JA$670.9b | JA$366.6b | JA$71.9b | 15.1x | 9.3x | 1.8x |
| Mon, 12 Feb 2024 | JA$665.4b | JA$363.9b | JA$72.9b | 16.2x | 9.1x | 1.8x |
| Wed, 10 Jan 2024 | JA$642.5b | JA$356.7b | JA$71.3b | 13.6x | 9x | 1.8x |
| Fri, 08 Dec 2023 | JA$599.4b | JA$356.3b | JA$71.2b | 13.8x | 8.4x | 1.7x |
| Sun, 05 Nov 2023 | JA$602.4b | JA$353.5b | JA$72.9b | 9.4x | 8.3x | 1.7x |
| Tue, 03 Oct 2023 | JA$650.4b | JA$353.5b | JA$72.8b | 9.6x | 8.9x | 1.8x |
| Thu, 31 Aug 2023 | JA$642.3b | JA$367.5b | JA$71.4b | 9.2x | 9x | 1.7x |
| Sat, 29 Jul 2023 | JA$650.7b | JA$355.2b | JA$71.1b | 14.4x | 9.2x | 1.8x |
| Mon, 26 Jun 2023 | JA$682.4b | JA$364.6b | JA$77.3b | 11.3x | 8.8x | 1.9x |
| Wed, 24 May 2023 | JA$695.2b | JA$360.9b | JA$75.9b | 13.8x | 9.2x | 1.9x |
| Fri, 21 Apr 2023 | JA$704.1b | JA$358.0b | JA$79.6b | 14.5x | 8.8x | 2x |
| Sun, 19 Mar 2023 | JA$698.0b | JA$352.4b | JA$76.2b | 9.7x | 9.2x | 2x |
| Tue, 14 Feb 2023 | JA$743.7b | JA$357.8b | JA$79.7b | 11.6x | 9.3x | 2.1x |
| Thu, 12 Jan 2023 | JA$753.8b | JA$359.4b | JA$80.6b | 13.2x | 9.4x | 2.1x |
| Sat, 10 Dec 2022 | JA$749.8b | JA$355.2b | JA$78.4b | 12x | 9.6x | 2.1x |
| Mon, 07 Nov 2022 | JA$787.2b | JA$342.3b | JA$80.3b | 12.8x | 9.8x | 2.3x |
| Wed, 05 Oct 2022 | JA$827.0b | JA$344.8b | JA$82.3b | 11.7x | 10.1x | 2.4x |
| Fri, 02 Sep 2022 | JA$808.8b | JA$344.4b | JA$81.1b | 12.1x | 10x | 2.3x |
| Sun, 31 Jul 2022 | JA$844.8b | JA$337.1b | JA$77.8b | 13.2x | 10.9x | 2.5x |
| Tue, 28 Jun 2022 | JA$850.5b | JA$332.8b | JA$74.4b | 12.1x | 11.4x | 2.6x |
| Thu, 26 May 2022 | JA$866.3b | JA$320.5b | JA$69.0b | 12.9x | 12.6x | 2.7x |
| Sat, 23 Apr 2022 | JA$883.2b | JA$311.6b | JA$63.3b | 13.3x | 13.9x | 2.8x |
| Mon, 21 Mar 2022 | JA$871.2b | JA$310.1b | JA$61.8b | 13.7x | 14.1x | 2.8x |
| Wed, 16 Feb 2022 | JA$897.5b | JA$308.4b | JA$60.2b | 13.3x | 14.9x | 2.9x |
| Fri, 14 Jan 2022 | JA$911.2b | JA$308.1b | JA$61.4b | 13.2x | 14.8x | 3x |
| Sun, 12 Dec 2021 | JA$868.3b | JA$308.2b | JA$63.9b | 13.3x | 13.6x | 2.8x |
| Tue, 09 Nov 2021 | JA$881.1b | JA$301.9b | JA$59.9b | 14.5x | 14.7x | 2.9x |
| Thu, 07 Oct 2021 | JA$909.3b | JA$301.5b | JA$58.5b | 15x | 15.6x | 3x |
| Sat, 04 Sep 2021 | JA$890.2b | JA$301.3b | JA$57.8b | 15x | 15.4x | 3x |
| Mon, 02 Aug 2021 | JA$940.6b | JA$301.3b | JA$57.8b | 16.1x | 16.3x | 3.1x |
Price to Earnings Ratio
16.3x
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 10.8x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 3.2% per year over the last three years.
- Revenues for these companies have grown 6.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Jamaican Financials sector?
| JM Market | -0.49% | |
| Financials | -0.74% | |
| Insurance | 1.98% | |
| Capital Markets | 1.83% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Diversified Financial | -1.51% | |
| Banks | -3.93% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 50.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 11.5x.
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 | |
|---|---|---|---|---|---|
| NCBFG NCB Financial Group | JA$53.45 | 4.8% +JA$5.9b | -27.2% | PB0.8x | |
| SGJ Scotia Group Jamaica | JA$44.00 | 2.2% +JA$2.9b | 29.3% | PB1.1x | |
| JMMBGL JMMB Group | JA$23.50 | 0.9% +JA$391.1m | -13.6% | PE4x | |
| SCIJMD Sygnus Credit Investments | JA$10.96 | 2.9% +JA$181.6m | -9.6% | PE7.9x | |
| SELECTF Sagicor Select Funds | JA$0.45 | 4.7% +JA$102.0m | 9.8% | PB0.8x |