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Trinidad & Tobago (TTSE) Market Analysis & Valuation

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies24
  • 7D-0.02%
  • 3M0.1%
  • 1Y-8.9%
  • YTD-1.3%

Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 3.4% in that time. As for last year, the market is down 8.9%.

Market Valuation and Performance

Has the Trinidad & Tobago Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024TT$99.9bTT$57.2bTT$6.8b11.4x14.7x1.7x
Wed, 14 Feb 2024TT$98.2bTT$57.6bTT$7.5b11.2x13.1x1.7x
Fri, 12 Jan 2024TT$101.7bTT$56.6bTT$8.1b11.2x12.5x1.8x
Sun, 10 Dec 2023TT$99.2bTT$56.4bTT$8.1b11.4x12.2x1.8x
Tue, 07 Nov 2023TT$101.3bTT$55.3bTT$8.0b12x12.7x1.8x
Thu, 05 Oct 2023TT$103.1bTT$55.4bTT$9.0b12x11.4x1.9x
Sat, 02 Sep 2023TT$103.3bTT$55.4bTT$9.1b11.8x11.3x1.9x
Mon, 31 Jul 2023TT$105.6bTT$54.1bTT$8.5b13.2x12.4x2x
Wed, 28 Jun 2023TT$104.5bTT$54.0bTT$8.5b13.2x12.3x1.9x
Fri, 26 May 2023TT$106.7bTT$53.1bTT$9.3b13x11.5x2x
Sun, 23 Apr 2023TT$109.4bTT$52.5bTT$9.6b12.9x11.4x2.1x
Tue, 21 Mar 2023TT$109.8bTT$51.9bTT$9.4b12.8x11.6x2.1x
Thu, 16 Feb 2023TT$108.8bTT$51.8bTT$10.4b13.8x10.4x2.1x
Sat, 14 Jan 2023TT$108.3bTT$51.6bTT$10.3b14.3x10.5x2.1x
Mon, 12 Dec 2022TT$105.9bTT$51.3bTT$10.0b14.2x10.6x2.1x
Wed, 09 Nov 2022TT$105.2bTT$50.7bTT$9.8b13.3x10.8x2.1x
Fri, 07 Oct 2022TT$108.6bTT$50.5bTT$9.6b13.8x11.3x2.1x
Sun, 04 Sep 2022TT$108.9bTT$50.5bTT$9.6b15.6x11.4x2.2x
Tue, 02 Aug 2022TT$110.6bTT$49.0bTT$9.4b16.2x11.8x2.3x
Thu, 30 Jun 2022TT$109.8bTT$48.9bTT$9.2b16.1x11.9x2.2x
Sat, 28 May 2022TT$110.7bTT$48.8bTT$9.3b16.1x11.9x2.3x
Mon, 25 Apr 2022TT$111.6bTT$48.2bTT$7.8b16.5x14.3x2.3x
Wed, 23 Mar 2022TT$114.0bTT$47.5bTT$7.0b18.7x16.3x2.4x
Fri, 18 Feb 2022TT$115.4bTT$47.4bTT$6.9b19.3x16.6x2.4x
Sun, 16 Jan 2022TT$115.7bTT$47.0bTT$6.9b18.7x16.8x2.5x
Tue, 14 Dec 2021TT$110.1bTT$46.9bTT$5.9b19.1x18.6x2.3x
Thu, 11 Nov 2021TT$107.2bTT$46.6bTT$4.9b18.4x21.9x2.3x
Sat, 09 Oct 2021TT$106.2bTT$46.7bTT$5.0b18.7x21.4x2.3x
Mon, 06 Sep 2021TT$105.9bTT$46.6bTT$4.8b18.7x22.1x2.3x
Wed, 04 Aug 2021TT$106.3bTT$47.0bTT$4.7b19.1x22.5x2.3x
Sat, 08 May 2021TT$98.7bTT$45.6bTT$4.5b19.4x22.1x2.2x
Price to Earnings Ratio

28.1x


Total Market Cap: TT$99.5bTotal Earnings: TT$3.5bTotal Revenue: TT$44.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Trinidad & Tobago Market Price to Earnings3Y Average 15x202220232024
Current Market PE
  • Investors are relatively neutral on the Trinidadian or Tobagonian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 15.0x.
Past Earnings Growth
  • The earnings for Trinidadian or Tobagonian listed companies have grown 24% per year over the last three years.
  • Revenues for these companies have grown 8.4% 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 Trinidad & Tobago Market?

TT Market-0.024%
Telecom3.41%
Consumer Staples0.18%
Financials0.078%
Healthcare0%
Tech0%
Utilities0%
Energy-0.41%
Industrials-0.53%
Consumer Discretionary-1.16%
Real Estate-1.33%
Materials-1.43%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth even though it's trading below its 3-year average PE ratio of 20.0x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
SBTT Scotiabank Trinidad and TobagoTT$73.061.6%
+TT$206.3m
-6.5%PB2.9xFinancials
AMBL ANSA Merchant BankTT$45.004.0%
+TT$149.8m
-2.2%PE29.1xFinancials
OCM One Caribbean MediaTT$3.779.9%
+TT$20.6m
1.9%PE8.6xTelecom
FCI FirstCaribbean International BankTT$7.050.1%
+TT$15.8m
-0.8%PB1.2xFinancials
WCO West Indian TobaccoTT$9.340.4%
+TT$10.1m
-45.2%PE11.7xConsumer Staples
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

FCI

TT$7.05

FirstCaribbean International Bank

7D

0.1%

1Y

-0.8%

OCM

TT$3.77

One Caribbean Media

7D

9.9%

1Y

1.9%

GHL

TT$17.25

Guardian Holdings

7D

-2.8%

1Y

-31.2%

AMCL

TT$52.50

ANSA McAL

7D

-3.1%

1Y

3.2%

AMBL

TT$45.00

ANSA Merchant Bank

7D

4.0%

1Y

-2.2%

AGL

TT$67.50

Agostini's

7D

-1.1%

1Y

12.5%

MASSY

TT$4.39

Massy Holdings

7D

-0.2%

1Y

-2.4%

RFHL

TT$120.00

Republic Financial Holdings

7D

-0.07%

1Y

-13.0%

AHL

TT$20.05

Angostura Holdings

7D

0.1%

1Y

-16.0%

SBTT

TT$73.06

Scotiabank Trinidad and Tobago

7D

1.6%

1Y

-6.5%

WCO

TT$9.35

West Indian Tobacco

7D

0.5%

1Y

-45.1%

GML

TT$2.00

Guardian Media

7D

-11.1%

1Y

-9.1%