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Scotia Group JamaicaXJAM:SGJ 81 ROE % is 12.60% as of Apr. 2026, which is 4% above its 10-year median of 12.12. GuruFocus rates XJAM:SGJ with a GF Score™ of 81/100 and a GF Value™ of JMD57.69 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,528 Banks companies, Scotia Group Jamaica ranks better than 70.48% on this metric.
The historical rank and industry rank for Scotia Group Jamaica's ROE % or its related term are showing as below:
XJAM:SGJ'
s ROE % Range Over the Past 10 Years
Min: 7.75 Med: 12.12 Max: 15.21
Current: 13.09
During the past 13 years, Scotia Group Jamaica's highest ROE % was 15.21%. The lowest was 7.75%. And the median was 12.12%.
XJAM:SGJ's ROE % is ranked better than 70.48% of 1528
companies
in the Banks industry
Industry Median: 10.225
vs XJAM:SGJ: 13.09
Scotia Group Jamaica (XJAM:SGJ) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Scotia Group Jamaica's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Scotia Group Jamaica ROE % vs Banks Industry
For the Banks industry and Financial Services sector, Scotia Group Jamaica's ROE % distribution charts can be found below:
* The bar in red indicates where Scotia Group Jamaica's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Scotia Group Jamaica (XJAM:SGJ) has a ROE % of 12.60% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Scotia Group Jamaica and its competitors. This is near median its historical median of 12.12. Over the past decade, Scotia Group Jamaica's ROE % has ranged from 7.75 to 15.21. According to the industry distribution chart, Scotia Group Jamaica ranks #451 out of 1528 companies in the Banks industry, placing it in the top 29.5%.
Is Scotia Group Jamaica's ROE % too high?
Scotia Group Jamaica's current ROE % of 12.60% is near median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 15.21. The Banks industry median ROE % is 10.23. Scotia Group Jamaica's value of 12.60% is 23.2% above this industry median. Based on the distribution chart, Scotia Group Jamaica ranks #451 out of 1528 companies in the Banks industry, which is above the industry midpoint. Overall, Scotia Group Jamaica has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scotia Group Jamaica's ROE % compare to PNC and USB?
According to the Banks industry distribution chart, Scotia Group Jamaica ranks #451 out of 1528 companies for ROE %. This puts Scotia Group Jamaica in the upper half of its industry. The industry median ROE % is 10.23. Scotia Group Jamaica's value of 12.60% is 23.2% above this benchmark. Historically, Scotia Group Jamaica's own ROE % has ranged from 7.75 to 15.21 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 10.23, Scotia Group Jamaica has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.23, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Scotia Group Jamaica's current ROE % of 12.60% is 23.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Scotia Group Jamaica and its competitors. For the Banks industry, the median ROE % is 10.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scotia Group Jamaica's current ROE % is 12.60%, which is near median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scotia Group Jamaica stock overvalued right now?
Based on GuruFocus' analysis, Scotia Group Jamaica (XJAM:SGJ) is currently considered Fairly Valued. The stock's GF Value™ is JMD57.69, compared to a current price of JMD58.18 — trading 0.8% above its estimated fair value. The current ROE % is 12.60%, which is near median its 10-year median of 12.12 and 23.2% above the Banks industry median of 10.23. Scotia Group Jamaica's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Scotia Group Jamaica (XJAM:SGJ), the current ROE % is 12.60% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Scotia Group Jamaica (XJAM:SGJ) Overvalued in 2026?
Based on GuruFocus' analysis, Scotia Group Jamaica stock appears to be overvalued.
The current stock price of JMD58.18 is trading 0.8% above its estimated GF Value™ of JMD57.69.
GuruFocus considers Scotia Group Jamaica to be Fairly Valued.
Key valuation signals for XJAM:SGJ:
ROE %: 12.60% (near median its 10-year median of 12.12)
GF Value™: JMD57.69 vs. price of JMD58.18 (0.8% above fair value)
Industry Position: 23.2% above the Banks median (#451 of 1528)
No single metric tells the full story. See the XJAM:SGJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.
81GF Score
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