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Jamaican (JSE) Financials Sector Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies26
- 7D0.3%
- 3M-1.3%
- 1Y-8.4%
- YTD-6.2%
Last week, the Financials industry hasn't moved much but Mayberry Jamaican Equities is up 23% in that time. As for the longer term, the industry has declined 8.4% in the last 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | JA$662.3b | JA$350.3b | JA$64.4b | 12.1x | 10.3x | 1.9x |
| Thu, 28 Nov 2024 | JA$625.1b | JA$348.2b | JA$64.4b | 13.1x | 9.7x | 1.8x |
| Sat, 26 Oct 2024 | JA$631.5b | JA$369.3b | JA$59.4b | 12.6x | 10.6x | 1.7x |
| Mon, 23 Sep 2024 | JA$621.5b | JA$368.4b | JA$59.7b | 12.7x | 10.4x | 1.7x |
| Wed, 21 Aug 2024 | JA$615.4b | JA$367.7b | JA$63.4b | 12.8x | 9.7x | 1.7x |
| Fri, 19 Jul 2024 | JA$636.5b | JA$365.4b | JA$63.6b | 11.5x | 10x | 1.7x |
| Sun, 16 Jun 2024 | JA$629.8b | JA$373.1b | JA$74.8b | 11.8x | 8.4x | 1.7x |
| Tue, 14 May 2024 | JA$642.9b | JA$367.0b | JA$72.0b | 14x | 8.9x | 1.8x |
| Thu, 11 Apr 2024 | JA$667.6b | JA$366.6b | JA$71.9b | 15.2x | 9.3x | 1.8x |
| Sat, 09 Mar 2024 | JA$654.6b | JA$344.4b | JA$70.7b | 14.3x | 9.3x | 1.9x |
| Mon, 05 Feb 2024 | JA$659.9b | JA$356.8b | JA$71.4b | 12.1x | 9.2x | 1.8x |
| Wed, 03 Jan 2024 | JA$654.9b | JA$356.7b | JA$71.3b | 14.8x | 9.2x | 1.8x |
| Fri, 01 Dec 2023 | JA$608.0b | JA$356.4b | JA$71.3b | 14.2x | 8.5x | 1.7x |
| Sun, 29 Oct 2023 | JA$607.8b | JA$353.6b | JA$72.9b | 9.4x | 8.3x | 1.7x |
| Tue, 26 Sep 2023 | JA$632.0b | JA$353.5b | JA$72.8b | 9.3x | 8.7x | 1.8x |
| Thu, 24 Aug 2023 | JA$656.0b | JA$367.7b | JA$71.6b | 9.3x | 9.2x | 1.8x |
| Sat, 22 Jul 2023 | JA$660.4b | JA$360.4b | JA$72.1b | 11.5x | 9.2x | 1.8x |
| Mon, 19 Jun 2023 | JA$681.6b | JA$364.5b | JA$77.3b | 10.1x | 8.8x | 1.9x |
| Wed, 17 May 2023 | JA$691.7b | JA$352.3b | JA$73.0b | 14.9x | 9.5x | 2x |
| Fri, 14 Apr 2023 | JA$700.7b | JA$357.3b | JA$78.6b | 13.7x | 8.9x | 2x |
| Sun, 12 Mar 2023 | JA$708.8b | JA$354.9b | JA$78.4b | 9.7x | 9x | 2x |
| Tue, 07 Feb 2023 | JA$724.9b | JA$357.8b | JA$79.7b | 11.6x | 9.1x | 2x |
| Thu, 05 Jan 2023 | JA$752.6b | JA$359.4b | JA$80.6b | 13.1x | 9.3x | 2.1x |
| Sat, 03 Dec 2022 | JA$754.5b | JA$355.2b | JA$78.4b | 12.6x | 9.6x | 2.1x |
| Mon, 31 Oct 2022 | JA$787.5b | JA$340.9b | JA$79.4b | 12.2x | 9.9x | 2.3x |
| Wed, 28 Sep 2022 | JA$816.1b | JA$344.7b | JA$82.2b | 12.1x | 9.9x | 2.4x |
| Fri, 26 Aug 2022 | JA$796.9b | JA$344.6b | JA$82.6b | 12.1x | 9.7x | 2.3x |
| Sun, 24 Jul 2022 | JA$847.2b | JA$337.2b | JA$77.9b | 12.6x | 10.9x | 2.5x |
| Tue, 21 Jun 2022 | JA$850.0b | JA$332.8b | JA$74.4b | 11.9x | 11.4x | 2.6x |
| Thu, 19 May 2022 | JA$879.4b | JA$320.8b | JA$69.1b | 13x | 12.7x | 2.7x |
| Sat, 16 Apr 2022 | JA$898.2b | JA$311.5b | JA$63.3b | 13.2x | 14.2x | 2.9x |
| Mon, 14 Mar 2022 | JA$881.2b | JA$310.1b | JA$61.8b | 13.8x | 14.3x | 2.8x |
| Wed, 09 Feb 2022 | JA$879.1b | JA$308.1b | JA$61.4b | 13.7x | 14.3x | 2.9x |
| Fri, 07 Jan 2022 | JA$895.4b | JA$308.1b | JA$61.4b | 13.1x | 14.6x | 2.9x |
Price to Earnings Ratio
14.6x
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 10.2x.
- 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 4.4% 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 | 3.27% | |
| Financials | 0.26% | |
| Capital Markets | 3.24% | |
| Insurance | 0.25% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | -0.043% | |
| Diversified Financial | -0.42% | |
| Banks | -1.55% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 46.9x.
- 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 | |
|---|---|---|---|---|---|
| MJE Mayberry Jamaican Equities | JA$11.30 | 22.8% +JA$2.5b | 13.6% | PS20.9x | |
| SGJ Scotia Group Jamaica | JA$52.50 | 0.7% +JA$1.1b | 36.7% | PB1.2x | |
| PROVENJA PROVEN Group | JA$19.50 | 5.6% +JA$833.8m | -16.5% | PE10.1x | |
| GENAC General Accident Insurance Company Jamaica | JA$6.00 | 2.6% +JA$154.7m | 23.7% | PE12.5x | |
| KEY Key Insurance | JA$2.44 | 11.4% +JA$139.8m | 8.4% | PE33.7x |