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Jamaican (JSE) Financials Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies24
  • 7D2.4%
  • 3M9.3%
  • 1Y-5.8%
  • YTD2.2%

Over the last 7 days, the Financials industry has risen 1.7%, driven by gains from Scotia Group Jamaica of 3.4%. In the past year, the industry is down 6.3%.

Sector Valuation and Performance

Has the Jamaican Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024JA$675.0bJA$365.1bJA$83.2b14.6x8.1x1.8x
Fri, 19 Jan 2024JA$629.7bJA$356.7bJA$71.3b12.9x8.8x1.8x
Sun, 17 Dec 2023JA$607.8bJA$356.8bJA$71.3b15.2x8.5x1.7x
Tue, 14 Nov 2023JA$631.4bJA$353.6bJA$72.9b9.2x8.7x1.8x
Thu, 12 Oct 2023JA$614.5bJA$353.5bJA$72.8b9.2x8.4x1.7x
Sat, 09 Sep 2023JA$637.8bJA$367.1bJA$71.4b9.2x8.9x1.7x
Mon, 07 Aug 2023JA$657.6bJA$355.0bJA$71.0b12.9x9.3x1.9x
Wed, 05 Jul 2023JA$682.6bJA$364.5bJA$77.3b9.9x8.8x1.9x
Fri, 02 Jun 2023JA$705.8bJA$361.1bJA$75.5b10.5x9.3x2x
Sun, 30 Apr 2023JA$724.7bJA$356.0bJA$77.3b15.3x9.4x2x
Tue, 28 Mar 2023JA$701.0bJA$353.4bJA$76.5b11.6x9.2x2x
Thu, 23 Feb 2023JA$731.1bJA$353.5bJA$78.0b11.9x9.4x2.1x
Sat, 21 Jan 2023JA$746.6bJA$359.2bJA$80.5b12.4x9.3x2.1x
Mon, 19 Dec 2022JA$730.0bJA$359.5bJA$80.6b12x9.1x2x
Wed, 16 Nov 2022JA$772.6bJA$357.1bJA$84.7b11.9x9.1x2.2x
Fri, 14 Oct 2022JA$809.3bJA$344.7bJA$82.2b11.6x9.8x2.3x
Sun, 11 Sep 2022JA$797.0bJA$341.3bJA$81.5b12x9.8x2.3x
Tue, 09 Aug 2022JA$837.6bJA$342.8bJA$80.4b12.5x10.4x2.4x
Thu, 07 Jul 2022JA$846.2bJA$332.2bJA$73.6b12.1x11.5x2.5x
Sat, 04 Jun 2022JA$861.6bJA$325.3bJA$71.3b12.9x12.1x2.6x
Mon, 02 May 2022JA$897.2bJA$311.5bJA$63.3b13.4x14.2x2.9x
Wed, 30 Mar 2022JA$874.0bJA$311.7bJA$63.3b13.7x13.8x2.8x
Fri, 25 Feb 2022JA$885.2bJA$310.1bJA$61.9b12.8x14.3x2.9x
Sun, 23 Jan 2022JA$892.8bJA$308.1bJA$61.4b12.9x14.5x2.9x
Tue, 21 Dec 2021JA$862.4bJA$307.2bJA$61.7b13.9x14x2.8x
Thu, 18 Nov 2021JA$879.0bJA$306.2bJA$64.0b13x13.7x2.9x
Sat, 16 Oct 2021JA$882.3bJA$301.5bJA$58.5b15x15.1x2.9x
Mon, 13 Sep 2021JA$887.0bJA$300.6bJA$57.2b15x15.5x3x
Wed, 11 Aug 2021JA$918.3bJA$301.3bJA$57.8b15.6x15.9x3x
Sun, 06 Jun 2021JA$898.9bJA$287.7bJA$56.9b17.3x15.8x3.1x
Wed, 10 Mar 2021JA$886.8bJA$270.4bJA$52.5b18.3x16.9x3.3x
Price to Earnings Ratio

16.9x


Total Market Cap: JA$886.8bTotal Earnings: JA$52.5bTotal Revenue: JA$270.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Financials Sector Price to Earnings3Y Average 11.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Jamaican Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.1x which is lower than its 3-year average PE of 11.8x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market1.17%
Financials2.45%
Consumer Finance23.90%
Capital Markets4.73%
Banks2.66%
Diversified Financial2.63%
Mortgage Finance0%
Mortgage REITs0%
Insurance-0.45%
Industry PE
  • Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 48.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 11.3x.
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?

CompanyLast Price7D1YValuation
SGJ Scotia Group JamaicaJA$47.405.3%
+JA$7.5b
39.4%PB1.2x
JMMBGL JMMB GroupJA$27.0012.3%
+JA$5.8b
-11.8%PE2.3x
PROVEN PROVEN GroupUS$0.159.6%
+US$10.3m
-21.7%PE12.1x
BIL Barita InvestmentsJA$70.991.2%
+JA$971.9m
-12.4%PE30.2x
ISP ISP Finance ServicesJA$31.0023.9%
+JA$627.9m
11.0%PE54.4x
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Latest News

NCBFG

JA$69.00

NCB Financial Group

7D

0.4%

1Y

-11.0%

JMMBGL

JA$27.00

JMMB Group

7D

12.3%

1Y

-11.8%

BIL

JA$70.99

Barita Investments

7D

1.2%

1Y

-12.4%

EPLY

JA$38.50

Eppley

7D

7.0%

1Y

1.6%

AFS

JA$22.68

Access Financial Services

7D

5.9%

1Y

-1.3%

PROVEN

US$0.15

PROVEN Group

7D

9.6%

1Y

-21.7%

SGJ

JA$47.40

Scotia Group Jamaica

7D

5.3%

1Y

39.4%

KEY

JA$2.30

Key Insurance

7D

-1.3%

1Y

-28.1%

LASF

JA$1.88

Lasco Financial Services

7D

-7.8%

1Y

-23.3%

DOLLA

JA$2.84

Dolla Financial Services

7D

-1.4%

1Y

-4.7%

ISP

JA$31.00

ISP Finance Services

7D

23.9%

1Y

11.0%

SJ

JA$43.90

Sagicor Group Jamaica

7D

-0.2%

1Y

-16.4%

JSE

JA$10.00

Jamaica Stock Exchange

7D

-0.3%

1Y

-28.6%

VMIL

JA$2.97

Victoria Mutual Investments

7D

-1.0%

1Y

-23.5%

MJE

JA$9.25

Mayberry Jamaican Equities

7D

-2.9%

1Y

-17.5%