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Jamaican (JSE) Financials Sector Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies26
  • 7D1.0%
  • 3M4.8%
  • 1Y-0.06%
  • YTD1.0%

The Financials industry is up 1.0% in the last week, with Scotia Group Jamaica up 1.1%. Overall in the last year, the industry is flat.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Mar 2025JA$691.5bJA$364.7bJA$50.1b13.3x13.8x1.9x
Sat, 08 Feb 2025JA$676.7bJA$352.2bJA$65.5b12.8x10.3x1.9x
Mon, 06 Jan 2025JA$676.5bJA$351.3bJA$64.8b12.3x10.4x1.9x
Wed, 04 Dec 2024JA$624.0bJA$348.2bJA$65.1b11.5x9.6x1.8x
Fri, 01 Nov 2024JA$645.1bJA$369.4bJA$59.4b13.3x10.9x1.7x
Sun, 29 Sep 2024JA$625.1bJA$368.3bJA$59.7b13.7x10.5x1.7x
Tue, 27 Aug 2024JA$619.5bJA$366.9bJA$59.3b13.9x10.4x1.7x
Thu, 25 Jul 2024JA$630.9bJA$365.2bJA$63.6b12.1x9.9x1.7x
Sat, 22 Jun 2024JA$631.2bJA$376.5bJA$63.2b11.8x10x1.7x
Mon, 20 May 2024JA$644.8bJA$367.0bJA$72.0b14.2x9x1.8x
Wed, 17 Apr 2024JA$664.7bJA$366.7bJA$71.9b15.2x9.2x1.8x
Fri, 15 Mar 2024JA$660.6bJA$366.7bJA$71.9b13.4x9.2x1.8x
Sun, 11 Feb 2024JA$665.4bJA$363.9bJA$72.9b16.2x9.1x1.8x
Tue, 09 Jan 2024JA$627.5bJA$356.7bJA$71.3b13.6x8.8x1.8x
Thu, 07 Dec 2023JA$608.9bJA$356.3bJA$71.2b13.8x8.5x1.7x
Sat, 04 Nov 2023JA$611.7bJA$353.5bJA$72.9b9.4x8.4x1.7x
Mon, 02 Oct 2023JA$650.4bJA$353.5bJA$72.8b9.6x8.9x1.8x
Wed, 30 Aug 2023JA$639.1bJA$367.5bJA$71.4b9x9x1.7x
Fri, 28 Jul 2023JA$653.0bJA$355.2bJA$71.1b14.4x9.2x1.8x
Sun, 25 Jun 2023JA$682.4bJA$364.6bJA$77.3b11.3x8.8x1.9x
Tue, 23 May 2023JA$698.8bJA$361.0bJA$76.0b14.8x9.2x1.9x
Thu, 20 Apr 2023JA$710.7bJA$357.1bJA$78.6b14.5x9x2x
Sat, 18 Mar 2023JA$698.0bJA$352.4bJA$76.2b9.7x9.2x2x
Mon, 13 Feb 2023JA$739.4bJA$357.8bJA$79.7b11.9x9.3x2.1x
Wed, 11 Jan 2023JA$757.1bJA$359.5bJA$80.6b13.5x9.4x2.1x
Fri, 09 Dec 2022JA$745.5bJA$355.2bJA$78.4b12.2x9.5x2.1x
Sun, 06 Nov 2022JA$787.2bJA$342.3bJA$80.3b12.8x9.8x2.3x
Tue, 04 Oct 2022JA$842.3bJA$344.8bJA$82.2b11.9x10.2x2.4x
Thu, 01 Sep 2022JA$800.0bJA$344.4bJA$81.1b12.1x9.9x2.3x
Sat, 30 Jul 2022JA$826.7bJA$337.0bJA$77.8b13.4x10.6x2.5x
Mon, 27 Jun 2022JA$850.5bJA$332.7bJA$74.4b12.1x11.4x2.6x
Wed, 25 May 2022JA$873.9bJA$320.7bJA$69.0b13.2x12.7x2.7x
Fri, 22 Apr 2022JA$875.6bJA$311.5bJA$63.3b13x13.8x2.8x
Sun, 20 Mar 2022JA$871.2bJA$310.1bJA$61.8b13.7x14.1x2.8x
Price to Earnings Ratio

14.1x


Total Market Cap: JA$871.2bTotal Earnings: JA$61.8bTotal Revenue: JA$310.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Financials Sector Price to Earnings3Y Average 9.9x202320242025
Current Industry PE
  • Investors are optimistic on the Jamaican Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.8x which is higher than its 3-year average PE of 9.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 6.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.6% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Jamaican Financials sector?

JM Market0.065%
Financials1.03%
Diversified Financial3.16%
Banks2.13%
Capital Markets0.58%
Insurance-0.70%
Consumer Finance-1.24%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 17.4x.
    • 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 9.6x.
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$58.701.1%
+JA$2.0b
27.6%PB1.2x
NCBFG NCB Financial GroupJA$45.550.8%
+JA$844.2m
-33.0%PB0.7x
MJE MAYBERRY JAMAICAN EQUITIESJA$10.005.3%
+JA$600.6m
-6.5%PS12.7x
ISP ISP Finance ServicesJA$30.0011.1%
+JA$315.0m
5.3%PE55.8x
EPLY EppleyJA$35.503.5%
+JA$231.0m
2.2%PE7.5x
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Latest News

JMMBGL

JA$22.10

JMMB Group

7D

0.5%

1Y

-17.8%

SGJ

JA$58.70

Scotia Group Jamaica

7D

1.1%

1Y

27.6%

MGL

JA$7.59

Mayberry Group

7D

2.4%

1Y

-5.1%

ISP

JA$30.00

ISP Finance Services

7D

11.1%

1Y

5.3%

EPLY

JA$35.50

Eppley

7D

3.5%

1Y

2.2%

SJ

JA$42.50

Sagicor Group Jamaica

7D

0.1%

1Y

3.8%

NCBFG

JA$45.55

NCB Financial Group

7D

0.8%

1Y

-33.0%

VMIL

JA$2.14

VM Investments

7D

-8.9%

1Y

-26.2%

SRFJMD

JA$8.80

Sygnus Real Estate Finance

7D

-4.9%

1Y

-32.0%

PROVENJA

JA$17.55

PROVEN Group

7D

-2.5%

1Y

-19.7%

ROC

JA$3.00

IronRock Insurance

7D

-20.0%

1Y

19.5%

LASF

JA$1.59

Lasco Financial Services

7D

-3.6%

1Y

-18.5%

PJX

JA$10.50

Portland JSX

7D

-2.8%

1Y

-3.7%

MJE

JA$10.00

MAYBERRY JAMAICAN EQUITIES

7D

5.3%

1Y

-6.5%

DOLLA

JA$2.70

Dolla Financial Services

7D

-3.6%

1Y

2.3%