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Jamaica Stock Exchange (XJAM:JSE) Shiller PE Ratio : 20.02 (As of Jun. 22, 2024)


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What is Jamaica Stock Exchange Shiller PE Ratio?

As of today (2024-06-22), Jamaica Stock Exchange's current share price is JMD9.61. Jamaica Stock Exchange's E10 for the fiscal year that ended in Dec22 was JMD0.48. Jamaica Stock Exchange's Shiller PE Ratio for today is 20.02.

The historical rank and industry rank for Jamaica Stock Exchange's Shiller PE Ratio or its related term are showing as below:

XJAM:JSE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.81   Med: 40.96   Max: 102.86
Current: 21.04

During the past 13 years, Jamaica Stock Exchange's highest Shiller PE Ratio was 102.86. The lowest was 17.81. And the median was 40.96.

XJAM:JSE's Shiller PE Ratio is ranked worse than
51.22% of 492 companies
in the Capital Markets industry
Industry Median: 20.615 vs XJAM:JSE: 21.04

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Jamaica Stock Exchange's adjusted earnings per share data of for the fiscal year that ended in Dec22 was JMD0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is JMD0.48 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jamaica Stock Exchange Shiller PE Ratio Historical Data

The historical data trend for Jamaica Stock Exchange's Shiller PE Ratio can be seen below:

* 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.

* Premium members only.

Jamaica Stock Exchange Shiller PE Ratio Chart

Jamaica Stock Exchange Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.61 70.37 47.24 35.93 32.49

Jamaica Stock Exchange Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.61 70.37 47.24 35.93 32.49

Competitive Comparison of Jamaica Stock Exchange's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Jamaica Stock Exchange's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jamaica Stock Exchange's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jamaica Stock Exchange's Shiller PE Ratio falls into.



Jamaica Stock Exchange Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Jamaica Stock Exchange's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.61/0.48
=20.02

* 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.

Jamaica Stock Exchange's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Jamaica Stock Exchange's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.72/125.2218*125.2218
=0.720

Current CPI (Dec22) = 125.2218.

Jamaica Stock Exchange Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.010 98.326 0.013
201412 0.004 99.070 0.005
201512 0.250 99.792 0.314
201612 0.320 101.863 0.393
201712 0.310 104.011 0.373
201812 0.590 105.998 0.697
201912 0.740 108.420 0.855
202012 0.580 109.897 0.661
202112 0.710 117.630 0.756
202212 0.720 125.222 0.720

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Jamaica Stock Exchange  (XJAM:JSE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Jamaica Stock Exchange Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Jamaica Stock Exchange's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jamaica Stock Exchange (XJAM:JSE) Business Description

Traded in Other Exchanges
N/A
Address
40 Harbour Street, P.O. Box 1084, Kingston, JAM
Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The group's operations are in Jamaica.

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