Have your own idea? Try our Stock Screener
Jamaican (JSE) Real Estate Sector Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies5
- 7D-4.7%
- 3M-2.3%
- 1Y0.4%
- YTD-2.4%
Over the last 7 days, the Real Estate industry has dropped 1.9%, driven by Pan Jamaica Group declining 5.8%. Over the last year, the industry has been flat overall.
Sector Valuation and Performance
Has the Jamaican Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | JA$100.8b | JA$43.6b | JA$5.2b | 9.9x | 19.5x | 2.3x |
| Sun, 17 Nov 2024 | JA$89.7b | JA$41.5b | JA$5.2b | 9.8x | 17.3x | 2.2x |
| Tue, 15 Oct 2024 | JA$93.4b | JA$43.4b | JA$5.8b | 10.8x | 16.1x | 2.1x |
| Thu, 12 Sep 2024 | JA$88.2b | JA$43.4b | JA$5.8b | 10.8x | 15.2x | 2x |
| Sat, 10 Aug 2024 | JA$90.5b | JA$43.0b | JA$5.2b | 10.7x | 17.4x | 2.1x |
| Mon, 08 Jul 2024 | JA$91.8b | JA$43.0b | JA$5.2b | 10.7x | 17.6x | 2.1x |
| Wed, 05 Jun 2024 | JA$109.1b | JA$43.0b | JA$5.2b | 10.2x | 21x | 2.5x |
| Fri, 03 May 2024 | JA$105.0b | JA$34.3b | JA$5.0b | 10x | 21.1x | 3.1x |
| Sun, 31 Mar 2024 | JA$101.8b | JA$34.3b | JA$5.0b | 10.4x | 20.4x | 3x |
| Tue, 27 Feb 2024 | JA$95.9b | JA$29.1b | JA$11.0b | 9.7x | 8.7x | 3.3x |
| Thu, 25 Jan 2024 | JA$91.8b | JA$29.1b | JA$10.1b | 9.4x | 9.1x | 3.2x |
| Sat, 23 Dec 2023 | JA$90.9b | JA$29.1b | JA$10.1b | 9.2x | 9x | 3.1x |
| Mon, 20 Nov 2023 | JA$87.6b | JA$29.1b | JA$10.1b | 8.9x | 8.7x | 3x |
| Wed, 18 Oct 2023 | JA$93.0b | JA$18.0b | JA$6.9b | 15x | 13.4x | 5.2x |
| Fri, 15 Sep 2023 | JA$83.9b | JA$18.0b | JA$6.9b | 13.5x | 12.1x | 4.7x |
| Sun, 13 Aug 2023 | JA$84.5b | JA$9.5b | JA$6.5b | 12.9x | 13x | 8.9x |
| Tue, 11 Jul 2023 | JA$95.9b | JA$9.6b | JA$6.8b | 9.8x | 14x | 10x |
| Thu, 08 Jun 2023 | JA$98.4b | JA$9.6b | JA$6.8b | 9.9x | 14.4x | 10.2x |
| Sat, 06 May 2023 | JA$102.1b | JA$8.9b | JA$6.8b | 8.3x | 15x | 11.4x |
| Mon, 03 Apr 2023 | JA$71.7b | JA$8.9b | JA$6.7b | 8.3x | 10.7x | 8.1x |
| Wed, 01 Mar 2023 | JA$75.4b | JA$9.5b | JA$6.4b | 9.7x | 11.9x | 8x |
| Fri, 27 Jan 2023 | JA$71.5b | JA$9.4b | JA$6.3b | 8.5x | 11.3x | 7.6x |
| Sun, 25 Dec 2022 | JA$74.1b | JA$9.4b | JA$6.3b | 8.6x | 11.7x | 7.9x |
| Tue, 22 Nov 2022 | JA$74.9b | JA$9.4b | JA$6.3b | 8.6x | 11.8x | 7.9x |
| Thu, 20 Oct 2022 | JA$70.9b | JA$10.9b | JA$8.2b | 7.3x | 8.7x | 6.5x |
| Sat, 17 Sep 2022 | JA$74.7b | JA$10.9b | JA$8.2b | 7.2x | 9.1x | 6.8x |
| Mon, 15 Aug 2022 | JA$76.3b | JA$12.0b | JA$9.4b | 7x | 8.2x | 6.3x |
| Wed, 13 Jul 2022 | JA$83.0b | JA$11.5b | JA$9.0b | 8x | 9.2x | 7.2x |
| Fri, 10 Jun 2022 | JA$81.7b | JA$11.5b | JA$9.1b | 8.1x | 9x | 7.1x |
| Sun, 08 May 2022 | JA$85.2b | JA$10.0b | JA$8.0b | 11.5x | 10.7x | 8.5x |
| Tue, 05 Apr 2022 | JA$84.2b | JA$9.9b | JA$7.8b | 11.1x | 10.8x | 8.5x |
| Thu, 03 Mar 2022 | JA$81.7b | JA$10.0b | JA$7.8b | 10.5x | 10.5x | 8.2x |
| Sat, 29 Jan 2022 | JA$81.3b | JA$10.0b | JA$7.8b | 10.5x | 10.4x | 8.2x |
| Mon, 27 Dec 2021 | JA$82.3b | JA$9.9b | JA$7.8b | 10.2x | 10.6x | 8.3x |
Price to Earnings Ratio
10.6x
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 20.1x which is higher than its 3-year average PE of 12.9x.
- The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 2.4x.
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 Market | -0.27% | |
| Real Estate | -4.73% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| REITS | -3.96% | |
| Real Estate | -4.80% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 13.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 12.0x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PJAM Pan Jamaica Group | JA$51.45 | 7.1% +JA$5.6b | 5.0% | PE32.3x | |
| MGL Mayberry Group | JA$8.00 | 6.5% +JA$588.6m | -4.2% | n/a | |
| FIRSTROCKJMD First Rock Real Estate Investments | JA$8.61 | 3.6% +JA$85.8m | 15.0% | PB0.5x | |
| KLE K.L.E. Group | JA$1.25 | 23.8% +JA$24.0m | -16.7% | PE-3.6x |