Jamaican (JSE) Diversified Banks Industry Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies2
- 7D1.3%
- 3M-6.6%
- 1Y0.1%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 3.3%, driven by a pullback from Scotia Group Jamaica of 7.5%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Jamaican Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | JA$282.4b | JA$198.6b | JA$26.3b | 11.9x | 10.7x | 1.4x |
| Sun, 31 Mar 2024 | JA$304.4b | JA$198.6b | JA$26.3b | 12.8x | 11.6x | 1.5x |
| Tue, 27 Feb 2024 | JA$305.6b | JA$198.0b | JA$26.5b | 12.9x | 11.5x | 1.5x |
| Thu, 25 Jan 2024 | JA$284.6b | JA$190.3b | JA$24.8b | 14.3x | 11.5x | 1.5x |
| Sat, 23 Dec 2023 | JA$271.2b | JA$190.3b | JA$24.8b | 13.5x | 10.9x | 1.4x |
| Mon, 20 Nov 2023 | JA$257.5b | JA$193.4b | JA$35.5b | 7.2x | 7.3x | 1.3x |
| Wed, 18 Oct 2023 | JA$251.6b | JA$193.4b | JA$35.5b | 7.1x | 7.1x | 1.3x |
| Fri, 15 Sep 2023 | JA$261.9b | JA$193.4b | JA$35.5b | 7.3x | 7.4x | 1.4x |
| Sun, 13 Aug 2023 | JA$268.2b | JA$190.4b | JA$34.0b | 7.8x | 7.9x | 1.4x |
| Tue, 11 Jul 2023 | JA$257.6b | JA$191.1b | JA$36.8b | 7x | 7x | 1.3x |
| Thu, 08 Jun 2023 | JA$268.2b | JA$187.5b | JA$35.0b | 7.7x | 7.7x | 1.4x |
| Sat, 06 May 2023 | JA$276.2b | JA$191.3b | JA$39.4b | 7.2x | 7x | 1.4x |
| Mon, 03 Apr 2023 | JA$281.2b | JA$191.3b | JA$39.4b | 7.3x | 7.1x | 1.5x |
| Wed, 01 Mar 2023 | JA$274.3b | JA$187.4b | JA$37.2b | 7.9x | 7.4x | 1.5x |
| Fri, 27 Jan 2023 | JA$287.1b | JA$191.8b | JA$39.0b | 7.8x | 7.4x | 1.5x |
| Sun, 25 Dec 2022 | JA$292.5b | JA$192.4b | JA$39.0b | 8x | 7.5x | 1.5x |
| Tue, 22 Nov 2022 | JA$304.5b | JA$188.1b | JA$36.8b | 9.3x | 8.3x | 1.6x |
| Thu, 20 Oct 2022 | JA$315.1b | JA$173.4b | JA$32.5b | 10.3x | 9.7x | 1.8x |
| Sat, 17 Sep 2022 | JA$311.6b | JA$173.4b | JA$32.5b | 10.1x | 9.6x | 1.8x |
| Mon, 15 Aug 2022 | JA$326.1b | JA$171.6b | JA$31.3b | 11.3x | 10.4x | 1.9x |
| Wed, 13 Jul 2022 | JA$336.2b | JA$167.4b | JA$27.1b | 12.8x | 12.4x | 2x |
| Fri, 10 Jun 2022 | JA$347.3b | JA$167.5b | JA$27.2b | 13x | 12.8x | 2.1x |
| Sun, 08 May 2022 | JA$353.3b | JA$158.2b | JA$21.4b | 15.9x | 16.5x | 2.2x |
| Tue, 05 Apr 2022 | JA$366.1b | JA$158.2b | JA$21.4b | 16.5x | 17.1x | 2.3x |
| Thu, 03 Mar 2022 | JA$385.1b | JA$158.2b | JA$21.4b | 17.1x | 18x | 2.4x |
| Sat, 29 Jan 2022 | JA$412.7b | JA$158.9b | JA$22.6b | 17.1x | 18.2x | 2.6x |
| Mon, 27 Dec 2021 | JA$395.5b | JA$158.9b | JA$22.6b | 16.7x | 17.5x | 2.5x |
| Wed, 24 Nov 2021 | JA$389.0b | JA$160.1b | JA$25.0b | 14.9x | 15.6x | 2.4x |
| Fri, 22 Oct 2021 | JA$408.8b | JA$158.0b | JA$25.0b | 15.6x | 16.4x | 2.6x |
| Sun, 19 Sep 2021 | JA$429.3b | JA$157.1b | JA$23.7b | 17.3x | 18.1x | 2.7x |
| Tue, 17 Aug 2021 | JA$437.5b | JA$157.1b | JA$23.7b | 17.5x | 18.4x | 2.8x |
| Tue, 01 Jun 2021 | JA$456.0b | JA$151.9b | JA$24.9b | 17.3x | 18.3x | 3x |
Price to Earnings Ratio
18.5x
Current Industry PE
- There are only 2 companies in the Jamaican Diversified Banks industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.3% 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 Comparison
How does Jamaican Diversified Banks compare with similar industries?
| JM Market | 1.81% | |
| Financials | 1.38% | |
| Banks | 1.28% | |
| Diversified Banks | 1.28% | |
| Regional Banks | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under 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$43.70 | 5.3% +JA$6.8b | 25.4% | PB1.1x |