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Trinidad & Tobago (TTSE) Financials Sector Analysis

UpdatedDec 31, 2024
DataAggregated Company Financials
Companies8
  • 7D1.1%
  • 3M2.1%
  • 1Y-7.1%
  • YTD-7.1%

In the last week, the Financials industry is up 1.9%, with CIBC Caribbean Bank up 11%. However, the industry is down 6.3% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Dec 2024TT$71.1bTT$32.2bTT$6.6b10.6x10.7x2.2x
Thu, 28 Nov 2024TT$68.4bTT$32.2bTT$5.8b11.7x11.7x2.1x
Sat, 26 Oct 2024TT$68.5bTT$31.8bTT$5.6b11.7x12.2x2.2x
Mon, 23 Sep 2024TT$68.5bTT$31.8bTT$5.6b11.8x12.2x2.2x
Wed, 21 Aug 2024TT$69.2bTT$31.8bTT$5.6b12.6x12.3x2.2x
Fri, 19 Jul 2024TT$71.9bTT$31.7bTT$5.6b13x12.9x2.3x
Sun, 16 Jun 2024TT$70.7bTT$31.7bTT$5.6b12.5x12.6x2.2x
Tue, 14 May 2024TT$74.0bTT$30.9bTT$6.1b13.9x12.2x2.4x
Thu, 11 Apr 2024TT$75.4bTT$30.4bTT$5.8b14.9x13.1x2.5x
Sat, 09 Mar 2024TT$75.2bTT$30.4bTT$5.7b15.3x13.2x2.5x
Mon, 05 Feb 2024TT$74.2bTT$30.7bTT$6.9b13.7x10.7x2.4x
Wed, 03 Jan 2024TT$75.9bTT$30.6bTT$6.9b13.7x11x2.5x
Fri, 01 Dec 2023TT$74.9bTT$30.5bTT$6.9b13.3x10.8x2.5x
Sun, 29 Oct 2023TT$76.1bTT$30.1bTT$6.8b13.7x11.1x2.5x
Tue, 26 Sep 2023TT$76.0bTT$30.1bTT$6.8b13.7x11.1x2.5x
Thu, 24 Aug 2023TT$76.4bTT$30.1bTT$6.9b13.9x11.1x2.5x
Sat, 22 Jul 2023TT$77.7bTT$29.6bTT$6.4b14.8x12.1x2.6x
Mon, 19 Jun 2023TT$77.2bTT$29.5bTT$6.3b13.3x12.2x2.6x
Wed, 17 May 2023TT$79.2bTT$28.9bTT$7.1b13.8x11.1x2.7x
Fri, 14 Apr 2023TT$81.2bTT$28.7bTT$7.2b14.7x11.3x2.8x
Sun, 12 Mar 2023TT$80.1bTT$28.1bTT$7.0b14.7x11.4x2.8x
Tue, 07 Feb 2023TT$78.9bTT$28.3bTT$8.1b14.7x9.7x2.8x
Thu, 05 Jan 2023TT$78.9bTT$28.1bTT$8.0b15.8x9.9x2.8x
Sat, 03 Dec 2022TT$77.0bTT$28.0bTT$7.7b15.8x10x2.8x
Mon, 31 Oct 2022TT$76.9bTT$27.7bTT$7.5b18.3x10.3x2.8x
Wed, 28 Sep 2022TT$78.8bTT$27.7bTT$7.4b18.6x10.6x2.8x
Fri, 26 Aug 2022TT$79.3bTT$27.6bTT$7.4b18.6x10.7x2.9x
Sun, 24 Jul 2022TT$79.7bTT$27.0bTT$7.3b16.5x10.9x3x
Tue, 21 Jun 2022TT$78.9bTT$26.9bTT$7.1b16.5x11x2.9x
Thu, 19 May 2022TT$79.8bTT$26.9bTT$5.8b14.5x13.8x3x
Sat, 16 Apr 2022TT$81.3bTT$26.8bTT$5.8b14.6x14.1x3x
Mon, 14 Mar 2022TT$82.8bTT$26.2bTT$5.4b15.5x15.2x3.2x
Wed, 09 Feb 2022TT$84.7bTT$26.2bTT$5.4b16x15.6x3.2x
Fri, 07 Jan 2022TT$85.3bTT$26.1bTT$5.4b15.8x15.7x3.3x
Price to Earnings Ratio

15.7x


Total Market Cap: TT$85.3bTotal Earnings: TT$5.4bTotal Revenue: TT$26.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Trinidad & Tobago Financials Sector Price to Earnings3Y Average 11.9x20232024
Current Industry PE
  • Investors are pessimistic on the Trinidadian or Tobagonian Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 11.9x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 7.1% per year over the last three years.
  • Revenues for these companies have grown 7.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Trinidad & Tobago Financials sector?

TT Market1.36%
Financials1.15%
Banks1.55%
Insurance0.47%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Capital Markets0%
Diversified Financial-0.039%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 1.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 5.5x.
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?

CompanyLast Price7D1YValuation
CIBC CIBC Caribbean BankTT$8.084.3%
+TT$520.4m		14.8%PB1.2x
SBTT Scotiabank Trinidad and TobagoTT$57.262.2%
+TT$220.4m		-17.8%PB2.2x
FCGFH First Citizens Group Financial HoldingsTT$40.500.2%
+TT$25.1m		-17.5%PB1.2x
GHL Guardian HoldingsTT$14.920.5%
+TT$16.2m		-21.2%PE4.2x
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Latest News

CIBC

TT$8.08

CIBC Caribbean Bank

7D

4.3%

1Y

14.8%

RFHL

TT$112.83

Republic Financial Holdings

7D

-0.02%

1Y

-8.1%

GHL

TT$14.92

Guardian Holdings

7D

0.5%

1Y

-21.2%

SBTT

TT$57.26

Scotiabank Trinidad and Tobago

7D

2.2%

1Y

-17.8%

FCGFH

TT$40.50

First Citizens Group Financial Holdings

7D

0.2%

1Y

-17.5%

NEL

TT$2.79

National Enterprises

7D

-0.4%

1Y

-32.8%