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Scotia Group Jamaica (XJAM:SGJ) Shiller PE Ratio : 10.05 (As of Jun. 23, 2024)


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What is Scotia Group Jamaica Shiller PE Ratio?

As of today (2024-06-23), Scotia Group Jamaica's current share price is JMD44.53. Scotia Group Jamaica's E10 for the quarter that ended in Apr. 2024 was JMD4.43. Scotia Group Jamaica's Shiller PE Ratio for today is 10.05.

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

XJAM:SGJ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.63   Med: 8.93   Max: 11.02
Current: 10.06

During the past years, Scotia Group Jamaica's highest Shiller PE Ratio was 11.02. The lowest was 7.63. And the median was 8.93.

XJAM:SGJ's Shiller PE Ratio is ranked worse than
52.52% of 1152 companies
in the Banks industry
Industry Median: 9.88 vs XJAM:SGJ: 10.06

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.

Scotia Group Jamaica's adjusted earnings per share data for the three months ended in Apr. 2024 was JMD1.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is JMD4.43 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scotia Group Jamaica Shiller PE Ratio Historical Data

The historical data trend for Scotia Group Jamaica'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.

Scotia Group Jamaica Shiller PE Ratio Chart

Scotia Group Jamaica Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.03 8.64 -

Scotia Group Jamaica Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.36 8.30 - 9.49 9.71

Competitive Comparison of Scotia Group Jamaica's Shiller PE Ratio

For the Banks - Regional subindustry, Scotia Group Jamaica'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.


Scotia Group Jamaica's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Scotia Group Jamaica's Shiller PE Ratio distribution charts can be found below:

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



Scotia Group Jamaica 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.

Scotia Group Jamaica's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.53/4.43
=10.05

* 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.

Scotia Group Jamaica's E10 for the quarter that ended in Apr. 2024 is calculated as:

For example, Scotia Group Jamaica's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.74/132.2892*132.2892
=1.740

Current CPI (Apr. 2024) = 132.2892.

Scotia Group Jamaica Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.860 100.023 1.137
201407 0.940 100.520 1.237
201410 0.880 100.176 1.162
201501 0.470 98.604 0.631
201504 0.740 99.824 0.981
201507 0.720 100.691 0.946
201510 1.258 100.346 1.658
201601 0.620 99.957 0.821
201604 0.950 100.947 1.245
201607 1.070 101.524 1.394
201610 0.990 101.988 1.284
201701 0.700 102.456 0.904
201704 1.100 103.167 1.411
201707 1.030 103.278 1.319
201710 1.080 104.070 1.373
201801 1.100 104.578 1.391
201804 1.080 105.708 1.352
201807 1.410 106.324 1.754
201810 0.510 106.695 0.632
201901 0.750 106.200 0.934
201904 1.060 107.818 1.301
201907 1.340 108.250 1.638
201910 1.090 108.577 1.328
202001 0.570 108.841 0.693
202004 0.720 108.173 0.881
202007 0.500 109.318 0.605
202010 1.120 109.861 1.349
202101 0.560 110.364 0.671
202104 0.880 112.673 1.033
202107 0.900 115.183 1.034
202110 0.434 116.696 0.492
202201 0.400 118.619 0.446
202204 0.770 121.978 0.835
202207 1.290 125.002 1.365
202210 0.625 125.734 0.658
202301 1.080 126.223 1.132
202304 1.320 127.992 1.364
202310 0.000 129.810 0.000
202401 1.000 130.124 1.017
202404 1.740 132.289 1.740

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.


Scotia Group Jamaica  (XJAM:SGJ) 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.


Scotia Group Jamaica Shiller PE Ratio Related Terms

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Scotia Group Jamaica (XJAM:SGJ) Business Description

Traded in Other Exchanges
N/A
Address
Corner Duke and Port Royal Streets, P.O. Box 709, Scotiabank Centre, Kingston, JAM
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.

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