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Jordanian (Amman SE) Market Analysis & Valuation

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies147
  • 7D2.6%
  • 3M19.6%
  • 1Y40.8%
  • YTD31.0%

Over the last 7 days, the market has risen 2.6%, driven by gains of 4.2% in the Materials sector. As for the past 12 months, the market is up 41%. Looking forward, earnings are forecast to grow by 7.9% annually.

Market Valuation and Performance

Has the Jordanian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025د.أ23.0bد.أ12.6bد.أ2.3b13.1x10.1x1.8x
Sat, 16 Aug 2025د.أ22.1bد.أ12.7bد.أ2.3b12.6x9.7x1.7x
Mon, 14 Jul 2025د.أ21.2bد.أ12.5bد.أ2.2b13.7x9.5x1.7x
Wed, 11 Jun 2025د.أ19.4bد.أ12.4bد.أ2.2b13.6x8.7x1.6x
Fri, 09 May 2025د.أ18.1bد.أ12.4bد.أ2.2b13x8.1x1.5x
Sun, 06 Apr 2025د.أ18.8bد.أ12.3bد.أ2.2b13.3x8.5x1.5x
Tue, 04 Mar 2025د.أ18.5bد.أ12.6bد.أ2.2b13.6x8.4x1.5x
Thu, 30 Jan 2025د.أ18.7bد.أ12.3bد.أ2.1b13.7x9x1.5x
Sat, 28 Dec 2024د.أ17.2bد.أ12.3bد.أ2.1b13.6x8.3x1.4x
Mon, 25 Nov 2024د.أ16.7bد.أ12.1bد.أ2.1b12.9x8x1.4x
Wed, 23 Oct 2024د.أ16.4bد.أ12.2bد.أ2.1b12x8x1.3x
Fri, 20 Sep 2024د.أ16.5bد.أ12.3bد.أ2.1b13x8x1.3x
Sun, 18 Aug 2024د.أ16.5bد.أ12.1bد.أ2.1b12.1x8x1.4x
Tue, 16 Jul 2024د.أ16.5bد.أ12.0bد.أ2.1b13x8x1.4x
Thu, 13 Jun 2024د.أ16.4bد.أ12.2bد.أ2.1b12.9x7.9x1.3x
Sat, 11 May 2024د.أ16.1bد.أ12.0bد.أ2.1b12.5x7.7x1.3x
Mon, 08 Apr 2024د.أ16.7bد.أ12.1bد.أ2.1b13x7.9x1.4x
Wed, 06 Mar 2024د.أ16.9bد.أ12.4bد.أ2.2b13.8x7.8x1.4x
Fri, 02 Feb 2024د.أ17.3bد.أ12.2bد.أ2.1b13.9x8.1x1.4x
Sun, 31 Dec 2023د.أ17.0bد.أ12.2bد.أ2.1b13.4x7.9x1.4x
Tue, 28 Nov 2023د.أ16.8bد.أ12.2bد.أ2.1b13.5x7.8x1.4x
Thu, 26 Oct 2023د.أ16.8bد.أ12.3bد.أ2.3b13.3x7.3x1.4x
Sat, 23 Sep 2023د.أ16.9bد.أ12.3bد.أ2.3b12.7x7.3x1.4x
Mon, 21 Aug 2023د.أ16.6bد.أ12.3bد.أ2.3b12.1x7.2x1.4x
Wed, 19 Jul 2023د.أ17.4bد.أ12.5bد.أ2.4b12.1x7.1x1.4x
Fri, 16 Jun 2023د.أ17.7bد.أ12.5bد.أ2.4b12.3x7.3x1.4x
Sun, 14 May 2023د.أ17.7bد.أ12.5bد.أ2.4b12x7.2x1.4x
Tue, 11 Apr 2023د.أ17.7bد.أ12.3bد.أ2.5b12.9x7.2x1.4x
Thu, 09 Mar 2023د.أ19.8bد.أ12.3bد.أ2.5b13.1x8x1.6x
Sat, 04 Feb 2023د.أ19.7bد.أ11.8bد.أ2.4b12.8x8.2x1.7x
Mon, 02 Jan 2023د.أ18.0bد.أ11.7bد.أ2.4b12.3x7.6x1.5x
Wed, 30 Nov 2022د.أ18.1bد.أ11.6bد.أ2.4b11.6x7.6x1.6x
Fri, 28 Oct 2022د.أ18.0bد.أ10.9bد.أ2.0b13.9x9x1.7x
Sun, 25 Sep 2022د.أ18.2bد.أ10.5bد.أ1.8b14.3x10.1x1.7x
Price to Earnings Ratio

10.1x


Total Market Cap: د.أ18.2bTotal Earnings: د.أ1.8bTotal Revenue: د.أ10.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Jordanian Market Price to Earnings3Y Average 8.1x202320242025
Current Market PE
  • Investors are optimistic on the Jordanian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 10.1x which is higher than its 3-year average PE of 8.1x.
Past Earnings Growth
  • The earnings for Jordanian listed companies have grown 8.2% per year over the last three years.
  • Revenues for these companies have grown 6.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Jordanian Market?

JO Market2.57%
Energy11.98%
Materials4.15%
Utilities3.72%
Healthcare1.26%
Real Estate1.17%
Financials0.96%
Consumer Discretionary0.88%
Telecom0.68%
Industrials0.21%
Consumer Staples-0.23%
Tech-1.38%
Sector PE
  • Investors favour the Real Estate sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 7.8x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 9.1% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 7.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
JOPH Jordan Phosphate Minesد.أ22.092.5%
+د.أ162.0m		138.2%PE13.2xMaterials
ARBK Arab Bank Groupد.أ5.953.7%
+د.أ134.6m		40.7%PB0.5xFinancials
APOT Arab Potashد.أ33.604.5%
+د.أ120.8m		22.2%PE18.9xMaterials
JOPT Jordan Petroleum Refineryد.أ5.8811.6%
+د.أ61.0m		21.0%PE9.1xEnergy
ETHD Bank al Etihadد.أ2.166.4%
+د.أ26.0m		23.4%PB0.8xFinancials
See more

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Latest News

JOEP
د.أ2.89
Jordan Electric Power
7D
9.5%
1Y
41.5%
JERY
د.أ1.49
Jerusalem Insurance (L.T.D)
7D
-6.3%
1Y
-3.3%
MEHC
د.أ1.08
Middle East Holding
7D
-7.7%
1Y
-16.3%
UCFI
د.أ1.64
United Financial Investments
7D
-21.2%
1Y
46.4%
CICO
د.أ1.80
Consulting & Investment Group
7D
-5.3%
1Y
-3.2%
JOPT
د.أ5.88
Jordan Petroleum Refinery
7D
11.6%
1Y
21.0%
SHIP
د.أ2.76
Jordan National Shipping Lines
7D
-2.1%
1Y
36.0%
ETHD
د.أ2.16
Bank al Etihad
7D
6.4%
1Y
23.4%
CAPL
د.أ2.31
Capital Bank of Jordan
7D
-0.4%
1Y
25.5%
CABK
د.أ1.29
Cairo Amman Bank
7D
4.9%
1Y
15.2%
APOT
د.أ33.60
Arab Potash
7D
4.5%
1Y
22.2%
ARBK
د.أ5.95
Arab Bank Group
7D
3.7%
1Y
40.7%
JOPH
د.أ22.09
Jordan Phosphate Mines
7D
2.5%
1Y
138.2%
NCCO
د.أ2.02
Northern Cement
7D
-3.8%
1Y
n/a
THBK
د.أ3.96
Housing Bank for Trade and Finance
7D
1.0%
1Y
19.3%
ZEIC
د.أ3.24
Zarka Educational & Investment
7D
-3.3%
1Y
17.8%