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Japanese (NIKKEI) Tires and Rubber Industry Analysis

UpdatedOct 03, 2023
DataAggregated Company Financials
Companies7
  • 7D-2.9%
  • 3M2.3%
  • 1Y26.0%
  • YTD31.3%

Over the last 7 days, the Tires and Rubber industry has dropped 2.7%, driven by declines from every company within the industry. In the past year, the industry has gained 29%. As for the next few years, earnings are expected to grow by 7.9% per annum.

Industry Valuation and Performance

Has the Japanese Tires and Rubber Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Oct 2023JP¥5.3tJP¥7.0tJP¥473.0b9.8x11.2x0.8x
Thu, 31 Aug 2023JP¥5.1tJP¥7.0tJP¥473.0b9.9x10.8x0.7x
Sat, 29 Jul 2023JP¥5.2tJP¥6.9tJP¥423.7b11.5x12.3x0.8x
Mon, 26 Jun 2023JP¥5.2tJP¥6.9tJP¥423.7b11.6x12.3x0.8x
Wed, 24 May 2023JP¥5.0tJP¥6.9tJP¥423.7b11.3x11.9x0.7x
Fri, 21 Apr 2023JP¥4.7tJP¥6.7tJP¥413.2b11.1x11.4x0.7x
Sun, 19 Mar 2023JP¥4.4tJP¥6.7tJP¥413.2b10x10.7x0.7x
Tue, 14 Feb 2023JP¥4.3tJP¥6.3tJP¥465.9b8.5x9.2x0.7x
Thu, 12 Jan 2023JP¥4.2tJP¥6.3tJP¥466.3b8.3x8.9x0.7x
Sat, 10 Dec 2022JP¥4.4tJP¥6.3tJP¥466.3b8.9x9.5x0.7x
Mon, 07 Nov 2022JP¥4.6tJP¥5.8tJP¥430.5b8.1x10.7x0.8x
Wed, 05 Oct 2022JP¥4.4tJP¥5.8tJP¥430.5b8.3x10.1x0.7x
Fri, 02 Sep 2022JP¥4.6tJP¥5.8tJP¥430.5b8.5x10.7x0.8x
Sun, 31 Jul 2022JP¥4.6tJP¥5.6tJP¥436.9b8.9x10.4x0.8x
Tue, 28 Jun 2022JP¥4.5tJP¥5.6tJP¥436.9b8.7x10.3x0.8x
Thu, 26 May 2022JP¥4.3tJP¥5.6tJP¥436.9b8.1x9.9x0.8x
Sat, 23 Apr 2022JP¥4.1tJP¥5.3tJP¥442.1b6.9x9.3x0.8x
Mon, 21 Mar 2022JP¥4.0tJP¥5.3tJP¥442.1b7.4x9x0.7x
Wed, 16 Feb 2022JP¥4.3tJP¥5.3tJP¥323.5b8.3x13.2x0.8x
Fri, 14 Jan 2022JP¥4.5tJP¥5.2tJP¥343.7b6.9x13.2x0.9x
Sun, 12 Dec 2021JP¥4.4tJP¥5.2tJP¥343.7b6.7x12.8x0.8x
Tue, 09 Nov 2021JP¥4.7tJP¥5.2tJP¥271.1b9x17.3x0.9x
Thu, 07 Oct 2021JP¥4.6tJP¥5.2tJP¥271.1b8.7x17.1x0.9x
Sat, 04 Sep 2021JP¥4.6tJP¥5.2tJP¥271.1b9.7x17.1x0.9x
Mon, 02 Aug 2021JP¥4.5tJP¥5.2tJP¥271.1b10.1x16.6x0.9x
Thu, 06 May 2021JP¥4.1tJP¥4.8tJP¥131.9b11.7x31x0.8x
Sun, 07 Feb 2021JP¥3.5tJP¥4.8tJP¥37.5b20.9x93.4x0.7x
Sat, 31 Oct 2020JP¥3.1tJP¥4.8tJP¥98.3b37.8x31.8x0.6x
Price to Earnings Ratio

31.6x


Total Market Cap: JP¥3.1tTotal Earnings: JP¥98.3bTotal Revenue: JP¥4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Tires and Rubber Industry Price to Earnings3Y Average 21.6x202120222023
Current Industry PE
  • Investors are pessimistic on the Japanese Tires and Rubber industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.3x which is lower than its 3-year average PE of 21.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have grown 69% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Japanese Tires and Rubber compare with similar industries?

JP Market-2.82%
Consumer Discretionary-3.03%
Auto Components-3.96%
Tires and Rubber-2.87%
Auto Parts and Equipment-4.29%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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Latest News

5110

JP¥1,637.50

Sumitomo Rubber Industries

7D

-1.1%

1Y

40.3%

4231

JP¥682.00

Tigers Polymer

7D

-11.3%

1Y

70.1%

5121

JP¥1,176.00

FUJIKURA COMPOSITES

7D

-5.4%

1Y

33.0%

5105

JP¥2,300.00

Toyo Tire

7D

-2.8%

1Y

43.8%

5101

JP¥3,079.00

Yokohama Rubber

7D

-2.5%

1Y

36.6%

5108

JP¥5,840.00

Bridgestone

7D

-3.1%

1Y

22.0%