Jamaican (JSE) Real Estate Sector Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies6
- 7D1.8%
- 3M-0.8%
- 1Y-8.1%
- YTD-1.9%
Over the last 7 days, the Real Estate industry has dropped 1.2%, driven by a pullback from Stanley Motta of 23%. Overall the industry is down 14% in 12 months.
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 |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | JA$101.2b | JA$34.3b | JA$5.0b | 9.4x | 20.3x | 2.9x |
| Mon, 25 Mar 2024 | JA$103.2b | JA$34.3b | JA$5.0b | 8.7x | 20.6x | 3x |
| Wed, 21 Feb 2024 | JA$90.3b | JA$29.1b | JA$11.0b | 9x | 8.2x | 3.1x |
| Fri, 19 Jan 2024 | JA$85.5b | JA$29.1b | JA$10.1b | 8.6x | 8.5x | 2.9x |
| Sun, 17 Dec 2023 | JA$80.8b | JA$29.1b | JA$10.1b | 8x | 8x | 2.8x |
| Tue, 14 Nov 2023 | JA$87.1b | JA$18.0b | JA$6.9b | 12.2x | 12.6x | 4.8x |
| Thu, 12 Oct 2023 | JA$93.5b | JA$18.0b | JA$6.9b | 15.1x | 13.5x | 5.2x |
| Sat, 09 Sep 2023 | JA$81.7b | JA$18.0b | JA$6.9b | 13.2x | 11.8x | 4.5x |
| Mon, 07 Aug 2023 | JA$90.8b | JA$9.6b | JA$6.8b | 9.2x | 13.3x | 9.4x |
| Wed, 05 Jul 2023 | JA$99.6b | JA$9.6b | JA$6.8b | 9.5x | 14.6x | 10.3x |
| Fri, 02 Jun 2023 | JA$106.7b | JA$9.6b | JA$6.9b | 10.4x | 15.5x | 11.1x |
| Sun, 30 Apr 2023 | JA$103.3b | JA$8.9b | JA$6.7b | 8.8x | 15.3x | 11.6x |
| Tue, 28 Mar 2023 | JA$68.6b | JA$8.9b | JA$6.7b | 7.4x | 10.2x | 7.7x |
| Thu, 23 Feb 2023 | JA$73.5b | JA$9.5b | JA$6.4b | 8.8x | 11.5x | 7.8x |
| Sat, 21 Jan 2023 | JA$72.2b | JA$9.4b | JA$6.3b | 9.1x | 11.4x | 7.7x |
| Mon, 19 Dec 2022 | JA$74.3b | JA$9.4b | JA$6.3b | 8.5x | 11.7x | 7.9x |
| Wed, 16 Nov 2022 | JA$68.9b | JA$10.9b | JA$8.2b | 6.9x | 8.4x | 6.3x |
| Fri, 14 Oct 2022 | JA$66.1b | JA$10.9b | JA$8.2b | 6.9x | 8.1x | 6.1x |
| Sun, 11 Sep 2022 | JA$74.5b | JA$9.1b | JA$8.2b | 7.3x | 9.1x | 8.2x |
| Tue, 09 Aug 2022 | JA$76.1b | JA$11.5b | JA$9.1b | 7.7x | 8.4x | 6.6x |
| Thu, 07 Jul 2022 | JA$82.0b | JA$11.5b | JA$9.0b | 7.9x | 9.1x | 7.1x |
| Sat, 04 Jun 2022 | JA$83.7b | JA$11.2b | JA$8.8b | 10.1x | 9.5x | 7.5x |
| Mon, 02 May 2022 | JA$84.0b | JA$10.0b | JA$8.0b | 10.9x | 10.5x | 8.4x |
| Wed, 30 Mar 2022 | JA$84.6b | JA$9.9b | JA$7.8b | 10.7x | 10.9x | 8.5x |
| Fri, 25 Feb 2022 | JA$81.4b | JA$10.0b | JA$7.8b | 10.2x | 10.5x | 8.2x |
| Sun, 23 Jan 2022 | JA$84.2b | JA$10.0b | JA$7.8b | 10.1x | 10.8x | 8.5x |
| Tue, 21 Dec 2021 | JA$82.6b | JA$10.0b | JA$7.8b | 10.3x | 10.6x | 8.3x |
| Thu, 18 Nov 2021 | JA$87.7b | JA$9.9b | JA$7.8b | 10.4x | 11.3x | 8.8x |
| Sat, 16 Oct 2021 | JA$82.4b | JA$9.0b | JA$6.9b | 11x | 12x | 9.2x |
| Mon, 13 Sep 2021 | JA$80.8b | JA$9.0b | JA$6.9b | 11x | 11.8x | 9x |
| Wed, 11 Aug 2021 | JA$83.0b | JA$9.0b | JA$6.9b | 11.4x | 12.1x | 9.2x |
| Sun, 06 Jun 2021 | JA$89.0b | JA$8.0b | JA$5.9b | 14.3x | 15x | 11.1x |
Price to Earnings Ratio
14x
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 19.5x which is higher than its 3-year average PE of 11.7x.
- The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 5.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 62% 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 | -1.43% | |
| Real Estate | 1.79% | |
| Real Estate | 2.23% | |
| 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 | -3.97% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 11.7x.
- 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 14.7x.
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$49.98 | 4.1% +JA$3.2b | -8.3% | PE32.3x | |
| FIRSTROCKJMD First Rock Real Estate Investments | JA$9.50 | 5.6% +JA$140.7m | -12.4% | PB0.5x | |
| KLE K.L.E. Group | JA$1.97 | 2.6% +JA$5.0m | -2.5% | PB18.6x |