Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 46 percent with an 82 percent lower value than on Tuesday, resulting from the trading of nine securities, compared to seven on Tuesday with three rising, two declining and four ending unchanged.
Overall, 299,966 shares were traded for US$17,613, down from 558,777 units at US$100,540 on Tuesday.
Trading ended with an average of 33,330 shares at US$1,957 versus 79,825 shares at US$14,363 on Tuesday, with a month to date average of 38,636 shares at US$4,351 compared to 40,001 units at US$4,967 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 1.35 points to end at 207.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents with a transfer of 202,473 shares, Productive Business Solutions popped 0.15 of a cent to close at US$1.3225 in trading 100 stocks, 
Proven Investments remained at 20 US cents after exchanging 11,166 stock units. Sygnus Credit Investments USD share declined 1.78 cents in ending at 11.12 US cents and trading 10,200 units, Sygnus Real Estate Finance USD share popped 0.01 of a cent to 12.44 US cents in an exchange of 810 shares and Transjamaican Highway dipped 0.01 of a cent to end at 0.89 of one US cent after 71,986 units crossed the exchange.
In the preference segment, Eppley 6% preference share remained at US$1.13 with the swapping of 290 stocks, JMMB Group 5.75% ended unchanged at US$1.50 with investors transferring 926 stock units and JMMB Group 5.75% climbed 5 cents in closing at US$1.75 with 2,015 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading levels fall on Wednesday
Main Market stocks rise Wednesday
Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 118 percent with 215 percent more value than on Tuesday, following trading of 59 securities compared to 53 Tuesday, with 25 rising, 15 declining and 19 ending unchanged.
Investors traded 10,275,420 shares for $135,202,574 up from 4,720,134 units at $42,982,084 on Tuesday.
Trading averaged 174,160 units at $2,291,569 versus 89,059 shares at $810,983 on Tuesday and for the month to date, an average of 251,684 units at $2,614,406 compared to 272,195 units at $2,699,821 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 2.37 million shares for 23 percent of total volume followed by JMMB Group 7.5% with 1.37 million units for 13.3 percent of the day’s trade, Transjamaican Highway ended with 1.25 million units for 12.1 percent market share and Caribbean Producers with 1.16 million units for 11.3 percent of shares traded.
The All Jamaican Composite Index rallied 1,089.93 points to 407,802.85, the JSE Main Index advanced by 1,179.38 points to close at 359,330.77 and the JSE Financial Index added 0.84 points to settle at 86.26.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments gained $2.03 to end at $87 with an exchange of 556,415 shares, Caribbean Cement increased $1 to $61 while trading 15,240 stock units, Caribbean Producers advanced 80 cents to close at $14.20 in switching 1,159,358 stocks. GraceKennedy lost $1.79 to end at. $92.71, with 39,017 units clearing the market, Guardian Holdings climbed $7 to $523 with the swapping of 100 stock units, Jamaica Producers dropped $1.47 to end at $19.02 after transferring 29,303 shares. Jamaica Stock Exchange shed 80 cents in ending at $16.20 as investors exchanged 2,515 stocks, JMMB Group fell $1.49 to $40.01 after closing trading of 792,727 units, Massy Holdings dipped $2 in closing at $86.50, with 2,192 stocks changing hands. Mayberry Investments declined $1.19 to close at $8.11 after exchanging 142,722 units, Mayberry Jamaican Equities shed 59 cents to $13.01 in exchanging 7,083 stock units, 138 Student Living popped 43 cents to $7, with 162,701 shares crossing the exchange. Palace Amusement rose $170 to $950 in trading 23 shares, Proven Investments rallied $2.48 in closing at $32.50 in exchanging 3,742 stock units, Scotia Group gained $1.50 to close at $33.50, with 89,436 stocks crossing the market. 
Seprod increased 90 cents to close at $69.95 in an exchange of 4,305 units, Supreme Ventures declined 70 cents in closing at $28.30 with a transfer of 69,347 units and Wisynco Group dropped 46 cents in ending at $16.99 trading 101,247 stock units.
In the preference segment, Eppley 7.25% preference share lost $1.28 to $20 finishing at 6,000 shares and Transjamaican Highway 8% climbed 43 cents to end at $1.90 crossing the market one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
OneonOne the dominant stock
Trading jumped sharply at the close of the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded rising 117 percent and the value climbing 58 percent over Monday, with OneonOne Educational cornering 33 million shares after 44 securities were active versus 43 on Monday, resulting in prices of 19 rising, 14 declining and 11 closing unchanged.
Ricardo Allen CEO of One to One
A total of 45,397,558 shares were exchanged for $124,937,848 up from 20,936,329 units at $79,292,490 on Monday. Trading averaged 1,031,763 shares at $2,839,497 compared to 486,891 shares at $1,844,011 on Monday with the month to date, averaging 578,794 units at $2,062,220 compared to 425,481 units at $1,799,142 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE led trading with 33.15 million shares for 73 percent of total volume, followed by Dolla Financial with 4.37 million units for 9.6 percent of the day’s trade. Fosrich ended with 3.02 million units for 6.6 percent market share and MFS Capital Partners traded 1.24 million units for 2.7 percent of the day’s trade.
At the close, the Junior Market Index rallied 4.95 points to settle at 4,303.70 after OneonOne traded at a record closing high of $2.40 and Lasco Distributors traded at an intraday 52 weeks’ low of $2.81.
The PE Ratio, a measure of computing appropriate stock values, averages 13.3. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped $4 to end at $21 after exchanging 747 shares, but coded with the bid at $22, AMG Packaging rose 35 cents in closing at $4 while exchanging 3,001 units, CAC 2000 added 89 cents to close at $6.89, with 6,008 stocks crossing the market. Caribbean Flavours increased 12 cents to $1.92 with the swapping of 246,201 stock units, Consolidated Bakeries advanced 15 cents in ending at $2.25 after exchanging 54,890 stock units, Dolla Financial gained 10 cents after ending at $3.55 in exchanging 4,369,384 units. Dolphin Cove dipped 18 cents in closing at $15 in trading 76,666 stocks, Elite Diagnostic popped 10 cents to $3.43 after a transfer of 956 shares, Everything Fresh rallied 22 cents to close at $1.95, with 229,950 stocks crossing the market. Express Catering climbed 14 cents to $5.74 with investors transferring 2,182 units, Jamaican Teas gained 14 cents to close at $2.65 with 41,044 shares changing hands, Limners and Bards lost 16 cents to end at $2.82 after trading 919 stock units. Lumber Depot climbed 25 cents to $3.09 in switching ownership of 129,075 shares, Main Event fell 76 cents in closing at $6.89, with 12,850 stock units clearing the market, 
MFS Capital Partners popped 25 cents to $4, with 1,241,816 stocks changing hands and Stationery and Office Supplies declined 93 cents to close at $17 with a transfer of 5,995 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading activities dropped on JSE Main Market
The Jamaica Stock Exchange Main Market ended trading on Tuesday, with the volume of stocks declining by 58 percent, with a 37 percent lower value than on Monday, after 53 securities traded compared to 57 on Monday, with 16 rising, 22 declining and 15 ending unchanged after 138 Student Living preference share closed at a record high of $62.
Just 4,720,134 shares were exchanged for a mere $42,982,084,down from 11,109,790 units at $68,584,991 on Monday. Trading averaged 89,059 units at $810,983 versus 194,909 shares at $1,203,245 on Monday and month to date, an average of 272,195 units at $2,699,821, compared to 329,291 units at $3,288,694 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 1.03 million shares for 21.9 percent of total volume followed by Wigton Windfarm with 898,022 units for 19 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 500,000 units for 10.6 percent of market share.
The All Jamaican Composite Index rose262.34 points to 406,712.92, the JSE Main Index declined 956.79 points to 358,151.39 and the JSE Financial Index shed 0.17 points to settle at 85.42.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Caribbean Cement shed 50 cents to end at $60 in an exchange of 61,451 shares, Eppley Caribbean Property Fund lost $2.40 to close at $41.60 after trading 235 units, Guardian Holdings gained $1 in ending at $516, with 86 stock units clearing the market. Jamaica Stock Exchange fell 52 cents in closing at $17, with an exchange of 24,969 stocks, Kingston Wharves declined $1.40 to close at $36.10, with a transfer of 2,815 stocks, Mayberry Investments rose 79 cents to end at $9.30 as investors exchanged 89,048 stock units. Palace Amusement dipped $70 to $780, with 29 shares crossing the exchange, PanJam Investment dropped 50 cents in closing at $59.50 while exchanging 8,385 units, Portland JSX shed $1 to $9 after trading 365 stocks. 
Proven Investments dropped $2.63 to close at $30.02 with investors transferring 5,449 stock units, Salada Foods rallied 50 cents in ending at $4.50 in exchange of 592 units, Scotia Group declined $1.46 to $32 after exchanging 9,651 shares. Seprod dipped 45 cents to close at $69.05 after trading 1,457 stocks and Wisynco Group increased 55 cents to end at $17.45 after a transfer of 105,711 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market jumped on Tuesday, with an 87 percent rise in the volume of stocks exchanged, with 215 percent greater value than on Monday, resulting from trading of seven securities, compared to 10 on Monday with two rising, two declining and three ending unchanged.
Overall, 558,777 shares traded, for US$100,540 up from 299,180 units at US$31,910 on Monday. Trading averaged 79,825 units at US$14,363, up from 29,918 shares at US$3,191 on Monday, with a month to date average of 40,001 shares at US$4,967 versus 30,045 units at US$2,618 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index rose 2.38 points to end at 208.88.
The PE Ratio a measure used in computing appropriate stock values, averages 8.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended unchanged at 4 US cents while exchanging 63,080 shares, Productive Business Solutions remained at US$1.321, with one stock clearing the market, Proven Investments remained at 20 US cents in exchanging 472,394 units and 
Transjamaican Highway increased 0.07 of a cent in closing at 0.9 of one US cent with a transfer of 21,100 stock units.
In the preference segment, JMMB Group 5.75% lost 50 cents to end at US$1.50 after exchanging 2,000 stocks, JMMB Group 5.75% dipped 5 cents to close at US$1.70, with 200 units crossing the market and JMMB Group 6% popped 5 cents in closing at US$1.10 in trading just two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
OneonOne tops at $2.50 on Tuesday
OneonOne traded 33 million shares on Tuesday up to a record high of $2.50 and closed just below $2.40, to record a gain of 140 percent since listing last week as the Junior Market rallied a mere 4.95 to close at 4,303.70. The JSE Combined Index a measure of the overall market, declined by 848.85 points to 373,587.47.
The All Jamaican Composite Index advanced 262.34 points to 406,712.92, the JSE Main Index declined 956.79 points to 358,151.39 and the JSE USD Market Index rose 2.48 points to 208.88.
Trading ended, with 50,676,469 shares changing hands with a value of $167.9 million, up from just $147.88 million, with 32,345,299 shares traded in the overall market on the prior trading day. The JSE USD market ended with the value of stocks traded at US$100,540 from US$31,910 on Monday.
The market’s PE ratio ended at 23.1 based on 2021-22 earnings and 12.6 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
7 love in favour of losers
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged declining by 25 percent but the value jumped 91 percent above Friday’s levels, resulting in trading in 10 securities, compared to seven on Friday with none rising, seven declining and three ending unchanged.
Investors traded 299,180 shares for US$31,910 versus 398,402 units at US$16,693 on Friday. Trading averaged 29,918 shares at US$3,191 against 56,915 stocks at US$2,385 on Friday, with the month to date averaging 30,045 shares at US$2,618 compared to 30,115 units at US$2,299 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index dropped 7.36 points to end at 206.50.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents while exchanging 79,098 shares, MPC Caribbean Clean Energy ended at US$1.10 as investors exchanged one share, Productive Business Solutions remained at US$1.321, with one stock unit crossing the market. Proven Investments dropped 2 cents to end at 20 US cents, with 3,064 units changing hands, 
Sterling Investments dipped 0.01 of a cent to close at 2.08 US cents with an exchange of 30 stock units, Sygnus Credit Investments USD share declined 0.08 of a cent to 12.9 US cents in an exchange of 826 shares. Sygnus Real Estate Finance USD share shed 0.01 of a cent in closing at 12.43 US cents after a transfer of 782 stocks and Transjamaican Highway fell 0.07 of a cent to 0.83 of one US cent, with 200,000 units clearing the market.
In the preference segment, JMMB Group 5.75% lost 5 cents to close at US$1.75 with the swapping of 14,428 stock units and JMMB Group 6% shed 5 cents in ending at US$1.05 with a transfer of 950 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Low-keyed trading for JSE Main Market
Market activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 16 percent less and 12 percent lower than on Friday, with 57 securities trading compared to 56 on Friday, with 15 rising, 26 declining and 16 ending unchanged.
At the close of trading four stocks ended at a 52 weeks’ low and one at a 52 weeks’ low high.
A total of 11,109,790 shares were exchanged for $68,584,991 down from 13,235,143 units at $77,577,657 on Friday. Trading averages 194,909 units at $1,203,245 versus 236,342 shares at $1,385,315 on Friday and month to date, an average of 329,291 at $3,288,694 compared to 397,076 units at $4,340,646 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 5.52 million shares for 49.7 percent of total volume followed by Transjamaican Highway with 1.83 million units for 16.5 percent of the day’s trade and Pulse Investments with 543,973 units for 4.9 percent market share.
The All Jamaican Composite Index dipped 2,145.65 points to 406,450.58, the JSE Main Index declined 930.64 points to 359,108.18 and the JSE Financial Index remained unchanged at 85.59.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com’s for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Producers declined 95 cents to end at $13.50 in trading 118,472 shares, First Rock Real Estate dipped 66 cents ending at $11.71 after exchanging 2,893 units, GraceKennedy shed $1.50 in closing at $94.50 after trading 87,636 stocks. Guardian Holdings increased $9 to $515 in an exchange of 41 stock units, Jamaica Broilers fell 87 cents to close at $28.06 with investors transferring 13,416 stocks, Jamaica Producers popped $1.47 to end at $20.49, with 6,269 units changing hands. Kingston Properties dropped 57 cents to close at $7.02 with investors transferring 73,136 stock units, Massy Holdings lost 50 cents to $88.50 with an exchange of 1,317 shares, Mayberry Investments gained 56 cents to end at $8.51, with 55,814 stock units crossing the exchange. Mayberry Jamaican Equities advanced 55 cents to $13.60 with 8,336 units changing hands, NCB Financial climbed 98 cents to $89.98 in exchanging 30,511 stocks, Palace Amusement rallied $51.13 to end at $850 in switching ownership of 58 shares. Salada Foods shed 70 cents to end at a 52 weeks’ low of $4, with 135,521 shares crossing the market, Seprod dropped $1.50 to close at $69.50 while exchanging 3,228 stocks, 
Sygnus Real Estate Finance declined $1.97 in closing at a 52 weeks’ low of $9.03, with 92,487 crossing the market stock units and Wisynco Group dipped 65 cents to end at $16.90 with the swapping of 175,173 units.
In the preference segment, Eppley 7.50% preference share rose $1.53 in closing at $7.48, with 5 shares clearing the market and 138 Student Living preference shares gained $2.30 to close at a 52 weeks’ high of $61.81 with an exchange of 5 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market’s second day of solid gains
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 32 percent with a 27 percent greater value than on Friday after 43 securities traded similar to Friday and ending with prices of 17 rising 20, declining and six closing unchanged and sent the Junior Market Index surging 82.22 points to 4,298.75 and follows 72.17 points jump on Friday.
A total of 20,936,329 shares were traded for $79,292,490 up from 15,802,738 units at $62,557,377 on Friday.
Trading averaged 486,891 shares at $1,844,011 versus 367,506 shares at $1,454,823 on Friday with the month to date, averaging 425,481 units at $1,799,142 up from 395,129 units at 1,776,965 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
Fosrich led trading with 8.75 million shares for 41.8 percent of total volume followed by ONE on ONE Educational with 4.68 million units for 22.3 percent of the day’s trade. Dolla Financial chipped in with 1.98 million units for 9.5 percent market share and Future Energy Source ended, up with 1.14 million units for 5.5 percent of stocks trading.
The PE Ratio, a measure of computing appropriate stock values, averages 13.2. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial popped $1.49 in closing at $25 after trading`598 shares, AMG Packaging shed 34 cents to close at $3.65 while exchanging 25,872 units, Blue Power lost 36 cents in ending at $3.12 with an exchange of 16,952 stock units. Cargo Handlers advanced 15 cents to $12.50 after a transfer of 7,161 stocks, Caribbean Cream rallied 37 cents to close at $4.37 in exchanging 112 shares, Dolphin Cove climbed 18 cents to $15.18 after swapping 101,784 stock units. Everything Fresh dipped 22 cents to $1.73 as investors exchanged 57,612 stocks, Fontana fell 27 cents in closing at $9.24 with a transfer of 306,568 units, Fosrich rose 56 cents to $4.71 after trading 8,749,441 units. Future Energy Source dropped 18 cents to close at $5.03 with investors transferring 1,143,023 stocks, General Accident declined 37 cents to $4.98 in exchanging 10,024 shares, Honey Bun gained 45 cents in closing at $7.95 after exchanging 2,972 stock units. iCreate increased 15 cents to $4.15, with 227,115 units clearing the market, Iron Rock Insurance shed 31 cents to close at $2.69 while trading 21,076 stock units, Jamaican Teas dipped 24 cents to end at $2.51, with 528,897 shares changing hands. KLE Group 0rose 27 cents to close at $2.07 after 625 stocks crossed the market, Lumber Depot declined 26 cents to $2.84, with an exchange of 102,995 shares, MFS Capital Partners climbed 54 cents to $3.75 in switching ownership of 372,138 stock units. ONE on ONE Educational gained 57 cents in closing at a record high of $2.32 in trading 4,676,141 stocks and leaving 19 million to buy on the bid at $2.32 at the close. 
Spur Tree Spices rallied 14 cents to $3.94, with 232,121 units crossing the exchange and Stationery and Office Supplies advanced 93 cents to $17.93 in an exchange of 110,834 stock units.
In the preference segment, CAC 2000 9.5% preference share lost 18 cents in ending at $1 and closed with 13,112 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
OneonOne jumps 132% in 3 trading days
Newly listed OneonOne jumps 57 cents on Monday to gain 132 percent since listing last and was one of the major contributors to the Junior Market strong rally of 82.22 n on top of the 72.17 points picked on Friday to close at 4,298.75.
Other than the Junior Market the Jamaican Stock Exchange slipped at the close of trading on Monday with the JSE Combined Index a measure of the overall market, declining by 123.56 points to 374,436.32. The All Jamaican Composite Index dipped 2,145.65 points to 406,450.58, the JSE Main Index declined 930.64 points to 359,108.18 and the JSE USD market Index dipped 0.51 points to 206.50
Trading ended, with 32,345,299 shares changing hands with a value of $147.88 million, up from just $140 million, with 29,436,283 shares traded in the overall market on the prior trading day. The JSE USD market ended with the value of stocks traded at US$31,910 from US$16,693 on Friday.
The market’s PE ratio ended at 22.8 based on 2021-22 earnings and 12.2 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
