Jamaican (JSE) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies93
- 7D0.5%
- 3M-4.6%
- 1Y-11.5%
- YTD-11.5%
Over the last 7 days, the market has remained flat, although notably the Energy sector gained 6.7% in that time. As for last year, the market is down 11%.
Market Valuation and Performance
Has the Jamaican Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | JA$1.4t | JA$1.1t | JA$143.6b | 14.6x | 9.7x | 1.3x |
| Thu, 28 Sep 2023 | JA$1.4t | JA$1.1t | JA$143.3b | 14.2x | 9.7x | 1.3x |
| Sat, 26 Aug 2023 | JA$1.4t | JA$1.1t | JA$141.8b | 14.7x | 10.1x | 1.3x |
| Mon, 24 Jul 2023 | JA$1.5t | JA$1.1t | JA$128.7b | 15.7x | 11.3x | 1.4x |
| Wed, 21 Jun 2023 | JA$1.5t | JA$1.1t | JA$134.8b | 15.7x | 10.9x | 1.4x |
| Fri, 19 May 2023 | JA$1.5t | JA$1.0t | JA$128.9b | 16.1x | 11.5x | 1.4x |
| Sun, 16 Apr 2023 | JA$1.5t | JA$1.0t | JA$135.4b | 15x | 10.8x | 1.4x |
| Tue, 14 Mar 2023 | JA$1.5t | JA$1.0t | JA$134.8b | 14.8x | 10.9x | 1.4x |
| Thu, 09 Feb 2023 | JA$1.5t | JA$1.0t | JA$138.3b | 15.3x | 10.9x | 1.5x |
| Sat, 07 Jan 2023 | JA$1.6t | JA$1.0t | JA$138.7b | 16.1x | 11.2x | 1.5x |
| Mon, 05 Dec 2022 | JA$1.5t | JA$993.4b | JA$134.9b | 14.5x | 11.3x | 1.5x |
| Wed, 02 Nov 2022 | JA$1.6t | JA$953.5b | JA$135.9b | 15.9x | 11.6x | 1.6x |
| Fri, 30 Sep 2022 | JA$1.6t | JA$952.2b | JA$138.5b | 16x | 11.7x | 1.7x |
| Sun, 28 Aug 2022 | JA$1.6t | JA$934.7b | JA$138.7b | 15.8x | 11.7x | 1.7x |
| Tue, 26 Jul 2022 | JA$1.7t | JA$913.4b | JA$133.6b | 16.2x | 12.7x | 1.9x |
| Thu, 23 Jun 2022 | JA$1.7t | JA$897.4b | JA$128.7b | 14.2x | 13.3x | 1.9x |
| Sat, 21 May 2022 | JA$1.8t | JA$847.9b | JA$118.1b | 18.5x | 14.9x | 2.1x |
| Mon, 18 Apr 2022 | JA$1.8t | JA$837.8b | JA$112.5b | 19.3x | 15.8x | 2.1x |
| Wed, 16 Mar 2022 | JA$1.7t | JA$825.5b | JA$109.2b | 17.3x | 15.5x | 2x |
| Fri, 11 Feb 2022 | JA$1.7t | JA$823.4b | JA$108.7b | 19.1x | 16.1x | 2.1x |
| Sun, 09 Jan 2022 | JA$1.7t | JA$822.4b | JA$108.6b | 17.6x | 15.5x | 2x |
| Tue, 07 Dec 2021 | JA$1.6t | JA$817.9b | JA$111.2b | 17x | 14.7x | 2x |
| Thu, 04 Nov 2021 | JA$1.7t | JA$792.2b | JA$104.4b | 18.4x | 16.2x | 2.1x |
| Sat, 02 Oct 2021 | JA$1.7t | JA$789.1b | JA$105.0b | 17.7x | 16.5x | 2.2x |
| Mon, 30 Aug 2021 | JA$1.7t | JA$787.5b | JA$104.2b | 17.7x | 16.5x | 2.2x |
| Tue, 06 Jul 2021 | JA$1.7t | JA$786.0b | JA$104.0b | 18.1x | 16.8x | 2.2x |
| Fri, 09 Apr 2021 | JA$1.6t | JA$744.7b | JA$96.0b | 18.3x | 16.9x | 2.2x |
| Thu, 31 Dec 2020 | JA$1.6t | JA$722.4b | JA$88.8b | 19.7x | 17.7x | 2.2x |
Price to Earnings Ratio
16.8x
Current Market PE
- Investors are pessimistic on the Jamaican market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 9.7x which is lower than its 3-year average PE of 14.1x.
Past Earnings Growth
- The earnings for Jamaican listed companies have grown 17% per year over the last three years.
- Revenues for these companies have grown 14% 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 Jamaican Market?
| JM Market | 0.53% | |
| Energy | 6.70% | |
| Industrials | 4.14% | |
| Tech | 3.23% | |
| Healthcare | 3.04% | |
| Consumer Discretionary | 2.13% | |
| Real Estate | 0.54% | |
| Materials | 0.44% | |
| Financials | 0.0061% | |
| Telecom | -0.30% | |
| Consumer Staples | -0.56% | |
| Utilities | -0.71% | |
Sector PE
- Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 62.8x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Consumer Staples sector is the least preferred by investors for future growth, which is trading below its 3-year average of 14.7x.
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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| PJAM Pan Jamaica Group | JA$50.46 | 7.4% +JA$5.6b | -14.5% | PE15.1x | Real Estate | |
| PBS Productive Business Solutions | US$1.55 | 3.3% +US$9.3m | 12.3% | PE29.3x | Tech | |
| CCC Caribbean Cement | JA$50.32 | 2.7% +JA$1.1b | -17.2% | PE7.8x | Materials | |
| SVL Supreme Ventures | JA$26.60 | 1.5% +JA$1.1b | -1.5% | PE22.5x | Consumer Discretionary | |
| JMMBGL JMMB Group | JA$27.50 | 1.9% +JA$977.8m | -25.7% | PE4.9x | Financials |
Market Insights
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