Jamaican (JSE) Telecom Sector Analysis

UpdatedSep 18, 2025

DataAggregated Company Financials

Companies6

7D1.7%
3M3.1%
1Y-26.0%
YTD-17.5%

The Telecom industry is up 7.3% in the last week, with Pulse Investments up 20%. Meanwhile, Limners and Bards actually underperformed within the industry, shrinking 7.5% in the last week. However, the industry is down 23% over the past year.

Sector Valuation and Performance

Has the Jamaican Telecom Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 18 Sep 2025	JA$15.3b	JA$10.0b	-JA$1,229,292,265.00	50x	-12.5x	1.5x
Sat, 16 Aug 2025	JA$14.1b	JA$9.9b	-JA$1,294,730,537.00	53.4x	-10.9x	1.4x
Mon, 14 Jul 2025	JA$13.9b	JA$8.6b	-JA$1,360,881,000.00	190.6x	-10.2x	1.6x
Wed, 11 Jun 2025	JA$13.9b	JA$8.7b	-JA$1,331,527,000.00	68.3x	-10.4x	1.6x
Fri, 09 May 2025	JA$16.4b	JA$10.4b	-JA$756,126,567.00	21.8x	-21.7x	1.6x
Sun, 06 Apr 2025	JA$16.7b	JA$10.4b	-JA$756,126,567.00	21.8x	-22.1x	1.6x
Tue, 04 Mar 2025	JA$15.5b	JA$10.4b	-JA$724,914,692.00	25.1x	-21.3x	1.5x
Thu, 30 Jan 2025	JA$17.2b	JA$10.5b	-JA$289,826,940.00	31.4x	-59.4x	1.6x
Sat, 28 Dec 2024	JA$17.5b	JA$10.5b	-JA$218,184,934.00	32.6x	-80.1x	1.7x
Mon, 25 Nov 2024	JA$19.7b	JA$10.9b	JA$920.3m	17.9x	21.4x	1.8x
Wed, 23 Oct 2024	JA$21.5b	JA$10.9b	JA$978.8m	16.7x	21.9x	2x
Fri, 20 Sep 2024	JA$20.7b	JA$10.9b	JA$990.4m	16.6x	20.9x	1.9x
Sun, 18 Aug 2024	JA$19.5b	JA$11.0b	JA$987.6m	14.8x	19.8x	1.8x
Tue, 16 Jul 2024	JA$19.9b	JA$11.2b	JA$1.7b	17.1x	11.4x	1.8x
Thu, 13 Jun 2024	JA$21.3b	JA$11.4b	JA$1.8b	18.2x	11.8x	1.9x
Sat, 11 May 2024	JA$23.2b	JA$11.3b	JA$1.8b	18x	12.6x	2.1x
Mon, 08 Apr 2024	JA$23.9b	JA$11.3b	JA$1.8b	16.5x	12.9x	2.1x
Wed, 06 Mar 2024	JA$24.6b	JA$11.3b	JA$1.8b	20.6x	13.3x	2.2x
Fri, 02 Feb 2024	JA$25.7b	JA$11.6b	JA$2.3b	19.8x	11.1x	2.2x
Sun, 31 Dec 2023	JA$28.1b	JA$11.8b	JA$2.4b	16.8x	11.9x	2.4x
Tue, 28 Nov 2023	JA$26.9b	JA$11.8b	JA$2.4b	16.7x	11.4x	2.3x
Thu, 26 Oct 2023	JA$27.9b	JA$11.5b	JA$2.4b	19.5x	11.7x	2.4x
Sat, 23 Sep 2023	JA$25.0b	JA$11.2b	JA$2.8b	22.5x	8.9x	2.2x
Mon, 21 Aug 2023	JA$29.7b	JA$11.3b	JA$2.9b	23.3x	10.2x	2.6x
Wed, 19 Jul 2023	JA$31.0b	JA$11.1b	JA$2.9b	25.6x	10.9x	2.8x
Fri, 16 Jun 2023	JA$32.6b	JA$11.1b	JA$3.1b	14.2x	10.6x	2.9x
Sun, 14 May 2023	JA$32.1b	JA$10.9b	JA$2.9b	12.5x	11x	2.9x
Tue, 11 Apr 2023	JA$32.1b	JA$10.9b	JA$2.9b	12.5x	11x	3x
Thu, 09 Mar 2023	JA$32.5b	JA$10.7b	JA$2.8b	15.2x	11.6x	3.1x
Sat, 04 Feb 2023	JA$32.9b	JA$10.0b	JA$2.1b	20.2x	15.5x	3.3x
Mon, 02 Jan 2023	JA$35.8b	JA$9.6b	JA$2.0b	20.5x	18.2x	3.7x
Wed, 30 Nov 2022	JA$30.6b	JA$9.6b	JA$2.0b	21.5x	15.5x	3.2x
Fri, 28 Oct 2022	JA$31.6b	JA$9.8b	JA$2.0b	20.3x	15.9x	3.2x
Sun, 25 Sep 2022	JA$37.3b	JA$10.0b	JA$2.1b	19.1x	17.6x	3.7x

Price to Earnings Ratio

17.6x

Sun, 25 Sep 2022

Current Industry PE

Investors are pessimistic on the Jamaican Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.5x.

Past Earnings Growth

Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.