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Jamaican (JSE) Capital Markets Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies11
  • 7D0.5%
  • 3M-9.4%
  • 1Y-11.1%
  • YTD-12.7%

Over the last 7 days, the Capital Markets industry has dropped 1.8%, driven by declines in MAYBERRY JAMAICAN EQUITIES and JMMB Group of 16% and 4.5%, respectively. Meanwhile, PROVEN Group actually outperformed within the industry, gaining 6.8% in the last week. The industry has fallen 11% in the last year.

Industry Valuation and Performance

Has the Jamaican Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025JA$142.4bJA$53.8bJA$10.5b16.7x13.5x2.6x
Sat, 22 Nov 2025JA$152.3bJA$55.4bJA$10.7b15.3x14.2x2.8x
Mon, 20 Oct 2025JA$155.7bJA$53.2bJA$8.5b12.3x18.2x2.9x
Wed, 17 Sep 2025JA$154.3bJA$53.3bJA$8.5b13x18.1x2.9x
Fri, 15 Aug 2025JA$145.0bJA$51.8bJA$7.8b13.6x18.7x2.8x
Sun, 13 Jul 2025JA$155.0bJA$52.1bJA$7.5b14.1x20.7x3x
Tue, 10 Jun 2025JA$160.4bJA$52.0bJA$7.5b14.3x21.5x3.1x
Thu, 08 May 2025JA$175.0bJA$45.4b-JA$287,617,278.1218.3x-608.6x3.9x
Sat, 05 Apr 2025JA$180.9bJA$45.3bJA$451.8m19.9x400.3x4x
Mon, 03 Mar 2025JA$182.4bJA$45.2bJA$435.5m18.4x418.8x4x
Wed, 29 Jan 2025JA$182.6bJA$44.5bJA$15.9b13.5x11.5x4.1x
Fri, 27 Dec 2024JA$172.6bJA$42.7bJA$15.7b10.5x11x4x
Sun, 24 Nov 2024JA$169.9bJA$43.1bJA$15.7b12.8x10.9x3.9x
Tue, 22 Oct 2024JA$162.0bJA$40.4bJA$12.1b16.1x13.4x4x
Thu, 19 Sep 2024JA$155.4bJA$40.3bJA$12.0b20.7x13x3.9x
Sat, 17 Aug 2024JA$159.2bJA$41.6bJA$16.5b19.3x9.7x3.8x
Mon, 15 Jul 2024JA$163.9bJA$42.3bJA$16.3b10.6x10.1x3.9x
Wed, 12 Jun 2024JA$159.9bJA$49.7bJA$28.0b11.2x5.7x3.2x
Fri, 10 May 2024JA$161.9bJA$49.3bJA$28.1b11.2x5.8x3.3x
Sun, 07 Apr 2024JA$160.6bJA$48.8bJA$28.0b14.7x5.7x3.3x
Tue, 05 Mar 2024JA$148.0bJA$27.3bJA$26.5b14.4x5.6x5.4x
Thu, 01 Feb 2024JA$142.2bJA$28.3bJA$16.0b15.5x8.9x5x
Sat, 30 Dec 2023JA$145.2bJA$28.4bJA$16.0b19.3x9.1x5.1x
Mon, 27 Nov 2023JA$146.7bJA$28.4bJA$16.0b17.9x9.2x5.2x
Wed, 25 Oct 2023JA$148.4bJA$29.2bJA$14.9b11.1x10x5.1x
Fri, 22 Sep 2023JA$156.6bJA$29.2bJA$14.9b12.3x10.5x5.4x
Sun, 20 Aug 2023JA$153.8bJA$29.2bJA$14.9b13.1x10.3x5.3x
Tue, 18 Jul 2023JA$169.9bJA$35.0bJA$15.1b18.3x11.3x4.9x
Thu, 15 Jun 2023JA$170.5bJA$35.4bJA$16.4b18.7x10.4x4.8x
Sat, 13 May 2023JA$180.0bJA$35.0bJA$16.3b22x11.1x5.1x
Mon, 10 Apr 2023JA$184.1bJA$36.0bJA$17.5b18.8x10.5x5.1x
Wed, 08 Mar 2023JA$183.9bJA$39.1bJA$20.3b15.4x9.1x4.7x
Fri, 03 Feb 2023JA$199.1bJA$38.0bJA$20.2b13.5x9.8x5.2x
Sun, 01 Jan 2023JA$223.6bJA$39.0bJA$21.1b13.2x10.6x5.7x
Price to Earnings Ratio

10.6x


Total Market Cap: JA$223.6bTotal Earnings: JA$21.1bTotal Revenue: JA$39.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Capital Markets Industry Price to Earnings3Y Average -21.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Jamaican Capital Markets 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 13.6x which is higher than its 3-year average PE of -21.4x.
  • The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 industry?

JM Market0.36%
Financials-0.54%
Capital Markets0.47%
Asset Management12.39%
Investment Banking and Brokerage-1.84%
Financial Exchanges and Data-2.92%
Industry PE
  • Investors are most optimistic about the Asset Management industry even though it's trading below its 3-year average PE ratio of 118x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 18.0x.
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
PROVENJA PROVEN GroupJA$15.048.6%
+JA$954.1m
-18.7%PE21.4x
MJE MAYBERRY JAMAICAN EQUITIESJA$8.678.4%
+JA$804.8m
-13.7%PB0.8x
JMMBGL JMMB GroupJA$17.991.1%
+JA$371.4m
-17.3%PE5.7x
SELECTF Sagicor Select FundsJA$0.464.5%
+JA$102.0m
2.2%PE19.2x
QWI QWI InvestmentsJA$0.795.3%
+JA$54.6m
-1.3%PS16.3x

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