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Jamaican (JSE) Financials Sector Analysis

UpdatedMar 24, 2024
DataAggregated Company Financials
Companies24
  • 7D-1.0%
  • 3M3.8%
  • 1Y-4.0%
  • YTD-1.5%

Over the last 7 days, the Financials industry has dropped 1.0%, driven by JMMB Group declining 8.4%. However, the industry is down 4.0% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Mar 2024JA$666.4bJA$366.6bJA$71.9b15x9.3x1.8x
Tue, 20 Feb 2024JA$671.7bJA$365.2bJA$83.3b14.6x8.1x1.8x
Thu, 18 Jan 2024JA$637.9bJA$356.7bJA$71.3b13.1x8.9x1.8x
Sat, 16 Dec 2023JA$607.8bJA$356.8bJA$71.3b15.2x8.5x1.7x
Mon, 13 Nov 2023JA$622.6bJA$353.6bJA$73.0b9x8.5x1.8x
Wed, 11 Oct 2023JA$626.9bJA$353.5bJA$72.8b9.3x8.6x1.8x
Fri, 08 Sep 2023JA$648.6bJA$367.1bJA$71.4b9.1x9.1x1.8x
Sun, 06 Aug 2023JA$657.6bJA$355.1bJA$71.0b12.9x9.3x1.9x
Tue, 04 Jul 2023JA$686.9bJA$364.5bJA$77.3b10.6x8.9x1.9x
Thu, 01 Jun 2023JA$698.0bJA$361.1bJA$75.5b10.5x9.2x1.9x
Sat, 29 Apr 2023JA$712.5bJA$356.0bJA$77.3b14.6x9.2x2x
Mon, 27 Mar 2023JA$694.6bJA$353.4bJA$76.5b11.6x9.1x2x
Wed, 22 Feb 2023JA$731.1bJA$353.4bJA$77.9b12x9.4x2.1x
Fri, 20 Jan 2023JA$749.0bJA$359.5bJA$80.6b13.2x9.3x2.1x
Sun, 18 Dec 2022JA$730.0bJA$359.5bJA$80.6b12x9.1x2x
Tue, 15 Nov 2022JA$764.0bJA$342.4bJA$80.4b11.4x9.5x2.2x
Thu, 13 Oct 2022JA$818.5bJA$344.7bJA$82.2b12x10x2.4x
Sat, 10 Sep 2022JA$812.9bJA$344.5bJA$81.2b12.3x10x2.4x
Mon, 08 Aug 2022JA$837.6bJA$342.6bJA$80.3b12.5x10.4x2.4x
Wed, 06 Jul 2022JA$844.1bJA$332.0bJA$73.6b11.9x11.5x2.5x
Fri, 03 Jun 2022JA$877.7bJA$325.1bJA$71.3b13x12.3x2.7x
Sun, 01 May 2022JA$897.2bJA$311.5bJA$63.3b13.4x14.2x2.9x
Tue, 29 Mar 2022JA$868.8bJA$311.7bJA$63.2b13.9x13.7x2.8x
Thu, 24 Feb 2022JA$894.1bJA$310.1bJA$61.8b13.7x14.5x2.9x
Sat, 22 Jan 2022JA$892.8bJA$308.1bJA$61.4b12.9x14.5x2.9x
Mon, 20 Dec 2021JA$865.3bJA$307.2bJA$61.7b13.7x14x2.8x
Wed, 17 Nov 2021JA$870.8bJA$305.8bJA$62.2b13.2x14x2.8x
Fri, 15 Oct 2021JA$890.2bJA$301.5bJA$58.5b15.3x15.2x3x
Sun, 12 Sep 2021JA$895.4bJA$300.6bJA$57.2b15.6x15.6x3x
Tue, 10 Aug 2021JA$906.6bJA$301.3bJA$57.8b15.5x15.7x3x
Mon, 03 May 2021JA$901.7bJA$287.4bJA$56.7b17.2x15.9x3.1x
Price to Earnings Ratio

16x


Total Market Cap: JA$898.4bTotal Earnings: JA$56.2bTotal Revenue: JA$286.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Financials Sector Price to Earnings3Y Average 11.6x202220232024
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 9.3x which is lower than its 3-year average PE of 11.6x.
  • 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 8.6% per year over the last three years.
  • Revenues for these companies have grown 8.5% 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-0.67%
Financials-1.03%
Banks0%
Mortgage Finance0%
Mortgage REITs0%
Insurance-0.95%
Diversified Financial-2.24%
Capital Markets-2.42%
Consumer Finance-8.02%
Industry PE
  • Investors are most optimistic about the Consumer Finance industry, which is trading close to its 3-year average PE ratio of 49.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 11.0x.
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
DOLLA Dolla Financial ServicesJA$2.745.0%
+JA$325.0m
3.0%PE15.9x
JSE Jamaica Stock ExchangeJA$10.404.0%
+JA$280.5m
-20.0%PE17.5x
KEY Key InsuranceJA$2.5711.7%
+JA$151.0m
-26.6%PE46.8x
CABROKERS Caribbean Assurance BrokersJA$2.350.9%
+JA$5.3m
23.7%PE21.1x
ROC IronRock InsuranceJA$2.520.4%
+JA$2.1m
26.0%PE8x
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Latest News

AFS

JA$20.00

Access Financial Services

7D

-9.1%

1Y

-13.0%

KEY

JA$2.57

Key Insurance

7D

11.7%

1Y

-26.6%

ROC

JA$2.52

IronRock Insurance

7D

0.4%

1Y

26.0%

DOLLA

JA$2.74

Dolla Financial Services

7D

5.0%

1Y

3.0%

EPLY

JA$39.50

Eppley

7D

-2.5%

1Y

27.4%

SJ

JA$40.50

Sagicor Group Jamaica

7D

-1.1%

1Y

-13.8%

JSE

JA$10.40

Jamaica Stock Exchange

7D

4.0%

1Y

-20.0%

JMMBGL

JA$25.00

JMMB Group

7D

-8.4%

1Y

-13.8%

CABROKERS

JA$2.35

Caribbean Assurance Brokers

7D

0.9%

1Y

23.7%

ISP

JA$28.10

ISP Finance Services

7D

-8.0%

1Y

33.7%

VMIL

JA$2.70

Victoria Mutual Investments

7D

-6.9%

1Y

-32.3%

MJE

JA$10.78

Mayberry Jamaican Equities

7D

-0.6%

1Y

-14.7%

SELECTF

JA$0.41

Sagicor Select Funds

7D

-4.7%

1Y

13.9%