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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Jan 2025JA$687.6bJA$351.9bJA$65.1b12.7x10.6x2x
Sun, 22 Dec 2024JA$651.3bJA$350.1bJA$66.6b11.3x9.8x1.9x
Tue, 19 Nov 2024JA$641.0bJA$338.4bJA$63.7b15.9x10.1x1.9x
Thu, 17 Oct 2024JA$634.4bJA$368.7bJA$59.8b13.1x10.6x1.7x
Sat, 14 Sep 2024JA$615.9bJA$368.3bJA$59.7b13.8x10.3x1.7x
Mon, 12 Aug 2024JA$629.2bJA$358.7bJA$62.8b12.1x10x1.8x
Wed, 10 Jul 2024JA$641.5bJA$365.7bJA$63.3b12x10.1x1.8x
Fri, 07 Jun 2024JA$647.5bJA$372.1bJA$73.4b12.6x8.8x1.7x
Sun, 05 May 2024JA$641.5bJA$367.1bJA$72.0b14.5x8.9x1.7x
Tue, 02 Apr 2024JA$676.7bJA$366.6bJA$71.9b14.6x9.4x1.8x
Thu, 29 Feb 2024JA$654.9bJA$365.1bJA$83.2b14.4x7.9x1.8x
Sat, 27 Jan 2024JA$641.1bJA$356.8bJA$71.4b13.3x9x1.8x
Mon, 25 Dec 2023JA$621.0bJA$356.8bJA$71.3b13.4x8.7x1.7x
Wed, 22 Nov 2023JA$609.1bJA$359.9bJA$82.0b11.1x7.4x1.7x
Fri, 20 Oct 2023JA$623.1bJA$353.5bJA$72.9b9.4x8.6x1.8x
Sun, 17 Sep 2023JA$623.4bJA$370.2bJA$72.8b9.3x8.6x1.7x
Tue, 15 Aug 2023JA$642.4bJA$354.3bJA$68.2b12.3x9.4x1.8x
Thu, 13 Jul 2023JA$675.5bJA$367.1bJA$75.9b9.9x8.9x1.8x
Sat, 10 Jun 2023JA$686.3bJA$360.8bJA$75.5b9.9x9.1x1.9x
Mon, 08 May 2023JA$708.5bJA$356.1bJA$77.4b13.8x9.2x2x
Wed, 05 Apr 2023JA$720.8bJA$357.3bJA$78.6b13x9.2x2x
Fri, 03 Mar 2023JA$725.5bJA$353.4bJA$77.9b12.3x9.3x2.1x
Sun, 29 Jan 2023JA$752.8bJA$357.7bJA$79.6b12.8x9.5x2.1x
Tue, 27 Dec 2022JA$757.9bJA$359.5bJA$80.6b11.9x9.4x2.1x
Thu, 24 Nov 2022JA$745.2bJA$355.3bJA$78.5b12.2x9.5x2.1x
Sat, 22 Oct 2022JA$804.9bJA$343.3bJA$80.8b12.5x10x2.3x
Mon, 19 Sep 2022JA$800.4bJA$344.4bJA$82.5b11.6x9.7x2.3x
Wed, 17 Aug 2022JA$832.4bJA$344.6bJA$82.6b12.5x10.1x2.4x
Fri, 15 Jul 2022JA$850.1bJA$332.7bJA$73.6b12.7x11.6x2.6x
Sun, 12 Jun 2022JA$848.1bJA$333.0bJA$74.5b12.3x11.4x2.5x
Tue, 10 May 2022JA$872.0bJA$311.5bJA$63.3b13x13.8x2.8x
Thu, 07 Apr 2022JA$882.1bJA$311.7bJA$63.2b13.6x13.9x2.8x
Sat, 05 Mar 2022JA$883.2bJA$310.1bJA$61.8b12.8x14.3x2.8x
Mon, 31 Jan 2022JA$903.1bJA$308.1bJA$61.4b12.7x14.7x2.9x
Price to Earnings Ratio

14.7x


Total Market Cap: JA$903.1bTotal Earnings: JA$61.4bTotal Revenue: JA$308.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Financials Sector Price to Earnings3Y Average 10.1x202320242025
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%
Financials1.66%
Banks5.40%
Diversified Financial1.17%
Mortgage Finance0%0
Mortgage REITs0%0
Consumer Finance0%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?

CompanyLast Price7D1YValuation
SGJ Scotia Group JamaicaJA$61.0010.9%
+JA$18.7b
50.6%PB1.4x
SCIJMD Sygnus Credit InvestmentsJA$12.806.7%
+JA$464.5m
16.4%PE4.6x
JSE Jamaica Stock ExchangeJA$13.282.2%
+JA$203.4m
32.8%PE18.5x
SRFJMD Sygnus Real Estate FinanceJA$10.283.8%
+JA$98.4m
0.8%PE12.5x
ROC IronRock InsuranceJA$4.307.5%
+JA$64.2m
77.7%PE11.3x
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Latest News

VMIL

JA$2.50

VM Investments

7D

-0.8%

1Y

-9.1%

NCBFG

JA$50.20

NCB Financial Group

7D

-1.1%

1Y

-25.4%

SRFJMD

JA$10.28

Sygnus Real Estate Finance

7D

3.8%

1Y

0.8%

SGJ

JA$61.00

Scotia Group Jamaica

7D

10.9%

1Y

50.6%

JMMBGL

JA$20.90

JMMB Group

7D

-1.6%

1Y

-15.0%

PROVENJA

JA$17.92

PROVEN Group

7D

-14.7%

1Y

-14.8%

JSE

JA$13.28

Jamaica Stock Exchange

7D

2.2%

1Y

32.8%

GENAC

JA$6.02

General Accident Insurance Company Jamaica

7D

0.3%

1Y

12.5%

SJ

JA$37.00

Sagicor Group Jamaica

7D

-7.5%

1Y

-14.0%

CABROKERS

JA$2.78

Caribbean Assurance Brokers

7D

1.5%

1Y

24.1%

ROC

JA$4.30

IronRock Insurance

7D

7.5%

1Y

77.7%

AFS

JA$17.25

Access Financial Services

7D

-2.5%

1Y

-28.0%

SIL

JA$2.85

Sterling Investments

7D

1.8%

1Y

11.3%

SCIJMD

JA$12.80

Sygnus Credit Investments

7D

6.7%

1Y

16.4%

PJX

JA$10.50

Portland JSX

7D

-1.4%

1Y

-4.4%