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Jamaican (JSE) Financials Sector Analysis
UpdatedJan 24, 2025
DataAggregated Company Financials
Companies26
- 7D1.7%
- 3M6.8%
- 1Y0.7%
- YTD0.7%
In the last week, the Financials industry is up 3.3%, with Scotia Group Jamaica up 15%. Despite this gain, the industry's performance has been flat over the past year.
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, 24 Jan 2025 | JA$687.6b | JA$351.9b | JA$65.1b | 12.7x | 10.6x | 2x |
| Sun, 22 Dec 2024 | JA$651.3b | JA$350.1b | JA$66.6b | 11.3x | 9.8x | 1.9x |
| Tue, 19 Nov 2024 | JA$641.0b | JA$338.4b | JA$63.7b | 15.9x | 10.1x | 1.9x |
| Thu, 17 Oct 2024 | JA$634.4b | JA$368.7b | JA$59.8b | 13.1x | 10.6x | 1.7x |
| Sat, 14 Sep 2024 | JA$615.9b | JA$368.3b | JA$59.7b | 13.8x | 10.3x | 1.7x |
| Mon, 12 Aug 2024 | JA$629.2b | JA$358.7b | JA$62.8b | 12.1x | 10x | 1.8x |
| Wed, 10 Jul 2024 | JA$641.5b | JA$365.7b | JA$63.3b | 12x | 10.1x | 1.8x |
| Fri, 07 Jun 2024 | JA$647.5b | JA$372.1b | JA$73.4b | 12.6x | 8.8x | 1.7x |
| Sun, 05 May 2024 | JA$641.5b | JA$367.1b | JA$72.0b | 14.5x | 8.9x | 1.7x |
| Tue, 02 Apr 2024 | JA$676.7b | JA$366.6b | JA$71.9b | 14.6x | 9.4x | 1.8x |
| Thu, 29 Feb 2024 | JA$654.9b | JA$365.1b | JA$83.2b | 14.4x | 7.9x | 1.8x |
| Sat, 27 Jan 2024 | JA$641.1b | JA$356.8b | JA$71.4b | 13.3x | 9x | 1.8x |
| Mon, 25 Dec 2023 | JA$621.0b | JA$356.8b | JA$71.3b | 13.4x | 8.7x | 1.7x |
| Wed, 22 Nov 2023 | JA$609.1b | JA$359.9b | JA$82.0b | 11.1x | 7.4x | 1.7x |
| Fri, 20 Oct 2023 | JA$623.1b | JA$353.5b | JA$72.9b | 9.4x | 8.6x | 1.8x |
| Sun, 17 Sep 2023 | JA$623.4b | JA$370.2b | JA$72.8b | 9.3x | 8.6x | 1.7x |
| Tue, 15 Aug 2023 | JA$642.4b | JA$354.3b | JA$68.2b | 12.3x | 9.4x | 1.8x |
| Thu, 13 Jul 2023 | JA$675.5b | JA$367.1b | JA$75.9b | 9.9x | 8.9x | 1.8x |
| Sat, 10 Jun 2023 | JA$686.3b | JA$360.8b | JA$75.5b | 9.9x | 9.1x | 1.9x |
| Mon, 08 May 2023 | JA$708.5b | JA$356.1b | JA$77.4b | 13.8x | 9.2x | 2x |
| Wed, 05 Apr 2023 | JA$720.8b | JA$357.3b | JA$78.6b | 13x | 9.2x | 2x |
| Fri, 03 Mar 2023 | JA$725.5b | JA$353.4b | JA$77.9b | 12.3x | 9.3x | 2.1x |
| Sun, 29 Jan 2023 | JA$752.8b | JA$357.7b | JA$79.6b | 12.8x | 9.5x | 2.1x |
| Tue, 27 Dec 2022 | JA$757.9b | JA$359.5b | JA$80.6b | 11.9x | 9.4x | 2.1x |
| Thu, 24 Nov 2022 | JA$745.2b | JA$355.3b | JA$78.5b | 12.2x | 9.5x | 2.1x |
| Sat, 22 Oct 2022 | JA$804.9b | JA$343.3b | JA$80.8b | 12.5x | 10x | 2.3x |
| Mon, 19 Sep 2022 | JA$800.4b | JA$344.4b | JA$82.5b | 11.6x | 9.7x | 2.3x |
| Wed, 17 Aug 2022 | JA$832.4b | JA$344.6b | JA$82.6b | 12.5x | 10.1x | 2.4x |
| Fri, 15 Jul 2022 | JA$850.1b | JA$332.7b | JA$73.6b | 12.7x | 11.6x | 2.6x |
| Sun, 12 Jun 2022 | JA$848.1b | JA$333.0b | JA$74.5b | 12.3x | 11.4x | 2.5x |
| Tue, 10 May 2022 | JA$872.0b | JA$311.5b | JA$63.3b | 13x | 13.8x | 2.8x |
| Thu, 07 Apr 2022 | JA$882.1b | JA$311.7b | JA$63.2b | 13.6x | 13.9x | 2.8x |
| Sat, 05 Mar 2022 | JA$883.2b | JA$310.1b | JA$61.8b | 12.8x | 14.3x | 2.8x |
| Mon, 31 Jan 2022 | JA$903.1b | JA$308.1b | JA$61.4b | 12.7x | 14.7x | 2.9x |
Price to Earnings Ratio
14.7x
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 10.1x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
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 | -0.74% | |
| Financials | 1.66% | |
| Banks | 5.40% | |
| Diversified Financial | 1.17% | |
| Mortgage Finance | 0% | 0 |
| Mortgage REITs | 0% | 0 |
| Consumer Finance | 0% | 0 |
| Capital Markets | -0.33% | |
| Insurance | -2.60% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 46.2x.
- 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 | |
|---|---|---|---|---|---|
| SGJ Scotia Group Jamaica | JA$61.00 | 10.9% +JA$18.7b | 50.6% | PB1.4x | |
| SCIJMD Sygnus Credit Investments | JA$12.80 | 6.7% +JA$464.5m | 16.4% | PE4.6x | |
| JSE Jamaica Stock Exchange | JA$13.28 | 2.2% +JA$203.4m | 32.8% | PE18.5x | |
| SRFJMD Sygnus Real Estate Finance | JA$10.28 | 3.8% +JA$98.4m | 0.8% | PE12.5x | |
| ROC IronRock Insurance | JA$4.30 | 7.5% +JA$64.2m | 77.7% | PE11.3x |