Have your own idea? Try our Stock Screener
Jamaican (JSE) Financials Sector Analysis
UpdatedApr 15, 2025
DataAggregated Company Financials
Companies26
- 7D-1.4%
- 3M-3.5%
- 1Y-6.3%
- YTD-4.9%
Over the last 7 days, the Financials industry has dropped 2.6%, driven by a pullback from Sagicor Group Jamaica of 3.2%. Overall the industry is down 7.9% in 12 months.
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, 15 Apr 2025 | JA$651.8b | JA$365.1b | JA$49.4b | 13.2x | 13.2x | 1.8x |
| Thu, 13 Mar 2025 | JA$691.5b | JA$364.7b | JA$50.1b | 13.3x | 13.8x | 1.9x |
| Sat, 08 Feb 2025 | JA$676.7b | JA$352.2b | JA$65.5b | 12.8x | 10.3x | 1.9x |
| Mon, 06 Jan 2025 | JA$676.5b | JA$351.3b | JA$64.8b | 12.3x | 10.4x | 1.9x |
| Wed, 04 Dec 2024 | JA$624.0b | JA$348.2b | JA$65.1b | 11.5x | 9.6x | 1.8x |
| Fri, 01 Nov 2024 | JA$645.1b | JA$369.4b | JA$59.4b | 13.3x | 10.9x | 1.7x |
| Sun, 29 Sep 2024 | JA$625.1b | JA$368.3b | JA$59.7b | 13.7x | 10.5x | 1.7x |
| Tue, 27 Aug 2024 | JA$619.5b | JA$366.9b | JA$59.3b | 13.9x | 10.4x | 1.7x |
| Thu, 25 Jul 2024 | JA$630.9b | JA$365.2b | JA$63.6b | 12.1x | 9.9x | 1.7x |
| Sat, 22 Jun 2024 | JA$631.2b | JA$376.5b | JA$63.2b | 11.8x | 10x | 1.7x |
| Mon, 20 May 2024 | JA$644.8b | JA$367.0b | JA$72.0b | 14.2x | 9x | 1.8x |
| Wed, 17 Apr 2024 | JA$664.7b | JA$366.7b | JA$71.9b | 15.2x | 9.2x | 1.8x |
| Fri, 15 Mar 2024 | JA$660.6b | JA$366.7b | JA$71.9b | 13.4x | 9.2x | 1.8x |
| Sun, 11 Feb 2024 | JA$665.4b | JA$363.9b | JA$72.9b | 16.2x | 9.1x | 1.8x |
| Tue, 09 Jan 2024 | JA$627.5b | JA$356.7b | JA$71.3b | 13.6x | 8.8x | 1.8x |
| Thu, 07 Dec 2023 | JA$608.9b | JA$356.3b | JA$71.2b | 13.8x | 8.5x | 1.7x |
| Sat, 04 Nov 2023 | JA$611.7b | JA$353.5b | JA$72.9b | 9.4x | 8.4x | 1.7x |
| Mon, 02 Oct 2023 | JA$650.4b | JA$353.5b | JA$72.8b | 9.6x | 8.9x | 1.8x |
| Wed, 30 Aug 2023 | JA$639.1b | JA$367.5b | JA$71.4b | 9x | 9x | 1.7x |
| Fri, 28 Jul 2023 | JA$653.0b | JA$355.2b | JA$71.1b | 14.4x | 9.2x | 1.8x |
| Sun, 25 Jun 2023 | JA$682.4b | JA$364.6b | JA$77.3b | 11.3x | 8.8x | 1.9x |
| Tue, 23 May 2023 | JA$698.8b | JA$361.0b | JA$76.0b | 14.8x | 9.2x | 1.9x |
| Thu, 20 Apr 2023 | JA$710.7b | JA$357.1b | JA$78.6b | 14.5x | 9x | 2x |
| Sat, 18 Mar 2023 | JA$698.0b | JA$352.4b | JA$76.2b | 9.7x | 9.2x | 2x |
| Mon, 13 Feb 2023 | JA$739.4b | JA$357.8b | JA$79.7b | 11.9x | 9.3x | 2.1x |
| Wed, 11 Jan 2023 | JA$757.1b | JA$359.5b | JA$80.6b | 13.5x | 9.4x | 2.1x |
| Fri, 09 Dec 2022 | JA$745.5b | JA$355.2b | JA$78.4b | 12.2x | 9.5x | 2.1x |
| Sun, 06 Nov 2022 | JA$787.2b | JA$342.3b | JA$80.3b | 12.8x | 9.8x | 2.3x |
| Tue, 04 Oct 2022 | JA$842.3b | JA$344.8b | JA$82.2b | 11.9x | 10.2x | 2.4x |
| Thu, 01 Sep 2022 | JA$800.0b | JA$344.4b | JA$81.1b | 12.1x | 9.9x | 2.3x |
| Sat, 30 Jul 2022 | JA$826.7b | JA$337.0b | JA$77.8b | 13.4x | 10.6x | 2.5x |
| Mon, 27 Jun 2022 | JA$850.5b | JA$332.7b | JA$74.4b | 12.1x | 11.4x | 2.6x |
| Wed, 25 May 2022 | JA$873.9b | JA$320.7b | JA$69.0b | 13.2x | 12.7x | 2.7x |
| Fri, 22 Apr 2022 | JA$875.6b | JA$311.5b | JA$63.3b | 13x | 13.8x | 2.8x |
Price to Earnings Ratio
13.8x
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 13.2x 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 8.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.4% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Jamaican Financials sector?
| JM Market | -1.77% | |
| Financials | -1.43% | |
| Consumer Finance | 15.15% | |
| Insurance | -1.23% | |
| Banks | -1.25% | |
| Diversified Financial | -1.76% | |
| Capital Markets | -1.97% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry even though it's trading below its 3-year average PE ratio of 45.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
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$53.82 | 1.5% +JA$2.5b | 18.0% | PB1.1x | |
| NCBFG NCB Financial Group | JA$44.00 | 1.1% +JA$1.2b | -31.8% | PB0.6x | |
| PROVENJA PROVEN Group | JA$17.48 | 2.5% +JA$344.7m | -18.7% | PS0.7x | |
| VMIL VM Investments | JA$2.32 | 6.9% +JA$225.0m | -9.0% | PE6.5x | |
| ISP ISP Finance Services | JA$14.50 | 10.7% +JA$147.0m | -52.5% | PE27x |