Has the Japanese Consumer Discretionary Sector valuation changed over the past few years?
|Fri, 26 Nov 2021||JP¥147.8t||JP¥182.0t||JP¥9.2t||12.5x|
|Sun, 24 Oct 2021||JP¥146.3t||JP¥183.6t||JP¥9.1t||12.8x|
|Tue, 21 Sep 2021||JP¥148.1t||JP¥182.8t||JP¥9.0t||13.2x|
|Thu, 19 Aug 2021||JP¥136.6t||JP¥184.5t||JP¥9.0t||13.1x|
|Thu, 03 Jun 2021||JP¥140.4t||JP¥171.7t||JP¥5.7t||16.2x|
|Sun, 07 Mar 2021||JP¥134.8t||JP¥168.8t||JP¥2.9t||17.9x|
|Wed, 09 Dec 2020||JP¥122.8t||JP¥168.2t||JP¥2.2t||18x|
|Tue, 01 Sep 2020||JP¥113.5t||JP¥173.0t||JP¥2.5t||18.7x|
|Fri, 05 Jun 2020||JP¥107.6t||JP¥187.3t||JP¥5.2t||18x|
|Mon, 09 Mar 2020||JP¥105.0t||JP¥192.6t||JP¥7.8t||14.1x|
|Sun, 01 Dec 2019||JP¥122.4t||JP¥194.7t||JP¥7.9t||16.1x|
|Wed, 04 Sep 2019||JP¥109.8t||JP¥193.8t||JP¥8.1t||15x|
|Sat, 08 Jun 2019||JP¥107.7t||JP¥193.5t||JP¥8.7t||15.2x|
|Fri, 01 Mar 2019||JP¥115.1t||JP¥193.0t||JP¥9.1t||16x|
|Mon, 03 Dec 2018||JP¥120.4t||JP¥191.9t||JP¥10.4t||17.8x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 16.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have declined 4.1% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Japanese Consumer Discretionary sector?
|General Merchanise and Department Stores||-1.25%|
|Online Retail and Ecommerce||-1.46%|
Industry PE: Investors are most optimistic about the Hospitality industry, which is trading close to its 3-year average PE ratio of 32.5x. However analysts are expecting annual earnings growth of 39%, which is lower than the prior year's growth of 52% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Auto Components industry, which is trading below its 3-year average of 11.6x.
Forecasted Growth: Analysts are most optimistic on the Online Retail and Ecommerce industry, expecting annual earnings growth of 47% over the next 5 years. This is better than it's past earnings growth rate of 34% per year. Meanwhile, the Retail Distributors industry is expected to see its earnings grow by 5.2% per year over the next few years.
Which companies have driven the market over the last 7 days?