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Jamaican (JSE) Real Estate Sector Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies5
  • 7D1.0%
  • 3M6.6%
  • 1Y5.5%
  • YTD1.8%

The Real Estate is pretty flat in the last 7 days, but Pan Jamaica Group has stood out, gaining 5.5%. As for the the longer term, the industry is up 5.5% over the past 12 months.

Sector Valuation and Performance

Has the Jamaican Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025JA$111.0bJA$43.6bJA$5.2b10.2x21.4x2.5x
Mon, 30 Dec 2024JA$122.2bJA$43.6bJA$5.2b10.3x23.6x2.8x
Wed, 27 Nov 2024JA$95.2bJA$43.6bJA$5.2b10.3x18.3x2.2x
Fri, 25 Oct 2024JA$91.2bJA$43.4bJA$5.8b10.5x15.7x2.1x
Sun, 22 Sep 2024JA$93.0bJA$43.4bJA$5.8b10.4x16x2.1x
Tue, 20 Aug 2024JA$87.5bJA$42.2bJA$5.8b10.4x15.1x2.1x
Thu, 18 Jul 2024JA$93.5bJA$43.0bJA$5.2b10.7x17.9x2.2x
Sat, 15 Jun 2024JA$100.7bJA$43.0bJA$5.2b9.6x19.3x2.3x
Mon, 13 May 2024JA$96.5bJA$34.3bJA$5.0b10.2x19.4x2.8x
Wed, 10 Apr 2024JA$95.9bJA$34.3bJA$5.0b9.9x19.3x2.8x
Fri, 08 Mar 2024JA$87.2bJA$34.3bJA$5.0b9.2x17.4x2.5x
Sun, 04 Feb 2024JA$95.6bJA$29.1bJA$10.1b9.7x9.5x3.3x
Tue, 02 Jan 2024JA$94.2bJA$29.1bJA$10.1b9.5x9.3x3.2x
Thu, 30 Nov 2023JA$91.5bJA$29.1bJA$10.1b8.5x9x3.1x
Sat, 28 Oct 2023JA$87.8bJA$18.0bJA$6.9b14.1x12.7x4.9x
Mon, 25 Sep 2023JA$83.5bJA$18.0bJA$6.9b13.5x12x4.6x
Wed, 23 Aug 2023JA$79.8bJA$18.0bJA$6.9b12.9x11.5x4.4x
Fri, 21 Jul 2023JA$93.7bJA$9.6bJA$6.9b9.7x13.7x9.7x
Sun, 18 Jun 2023JA$94.6bJA$9.6bJA$6.8b9.6x13.8x9.8x
Tue, 16 May 2023JA$101.2bJA$8.9bJA$6.8b7.8x14.9x11.3x
Thu, 13 Apr 2023JA$72.0bJA$8.9bJA$6.7b7.3x10.7x8.1x
Sat, 11 Mar 2023JA$73.2bJA$9.4bJA$6.4b8.7x11.5x7.8x
Mon, 06 Feb 2023JA$74.9bJA$9.4bJA$6.3b9.3x11.8x7.9x
Wed, 04 Jan 2023JA$74.4bJA$9.4bJA$6.3b9.4x11.8x7.9x
Fri, 02 Dec 2022JA$73.2bJA$9.4bJA$6.3b8.7x11.5x7.8x
Sun, 30 Oct 2022JA$72.9bJA$10.9bJA$8.2b7.3x8.9x6.7x
Tue, 27 Sep 2022JA$75.3bJA$10.9bJA$8.2b6.5x9.2x6.9x
Thu, 25 Aug 2022JA$75.4bJA$12.0bJA$9.4b6.5x8.1x6.3x
Sat, 23 Jul 2022JA$82.0bJA$11.5bJA$9.0b8x9.1x7.1x
Mon, 20 Jun 2022JA$83.3bJA$11.5bJA$9.0b8.4x9.2x7.2x
Wed, 18 May 2022JA$84.5bJA$10.0bJA$8.0b11x10.6x8.5x
Fri, 15 Apr 2022JA$81.8bJA$10.0bJA$7.8b10.6x10.5x8.2x
Sun, 13 Mar 2022JA$85.7bJA$9.9bJA$7.8b11.3x11x8.6x
Tue, 08 Feb 2022JA$84.8bJA$10.0bJA$7.8b10.8x10.9x8.5x
Price to Earnings Ratio

10.9x


Total Market Cap: JA$84.8bTotal Earnings: JA$7.8bTotal Revenue: JA$10.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Real Estate Sector Price to Earnings3Y Average 13.3x202320242025
Current Industry PE
  • Investors are optimistic on the Jamaican Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.4x which is higher than its 3-year average PE of 13.3x.
  • The 3-year average PS ratio of 5.7x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 64% 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 Real Estate sector?

JM Market0.12%
Real Estate0.98%
REITS8.85%
Real Estate0.40%
Specialized REITs0%0
Residential REITs0%0
Hotel and Resort REITs0%0
Industrial REITs0%0
Health Care REITs0%0
Retail REITs0%0
Office REITs0%0
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 13.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 11.5x.
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
PJAM Pan Jamaica GroupJA$56.975.5%
+JA$4.8b
10.6%PE35.8x
KPREIT Kingston PropertiesJA$9.194.3%
+JA$335.9m
30.2%PB1x
SML Stanley MottaJA$6.745.1%
+JA$250.1m
-3.7%PE2.9x
FIRSTROCKJMD First Rock Real Estate InvestmentsJA$9.988.5%
+JA$223.1m
14.7%PB0.5x
KLE K.L.E. GroupJA$1.2917.3%
+JA$19.0m
-47.6%PE-3.7x
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Latest News

SML

JA$6.74

Stanley Motta

7D

5.1%

1Y

-3.7%

PJAM

JA$56.97

Pan Jamaica Group

7D

5.5%

1Y

10.6%

KPREIT

JA$9.19

Kingston Properties

7D

4.3%

1Y

30.2%

KLE

JA$1.29

K.L.E. Group

7D

17.3%

1Y

-47.6%

FIRSTROCKJMD

JA$9.98

First Rock Real Estate Investments

7D

8.5%

1Y

14.7%