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Japanese (NIKKEI) Tires and Rubber Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D-0.02%
  • 3M-3.3%
  • 1Y-6.6%
  • YTDn/a

The Tires and Rubber is pretty flat in the last 7 days, but Toyo Tire has stood out, gaining 12%. Unfortunately though, the industry is down 5.3% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024JP¥5.1tJP¥7.3tJP¥488.1b7.5x10.4x0.7x
Sat, 19 Oct 2024JP¥5.1tJP¥7.3tJP¥588.1b5.9x8.6x0.7x
Mon, 16 Sep 2024JP¥4.9tJP¥7.3tJP¥588.1b5.8x8.3x0.7x
Wed, 14 Aug 2024JP¥5.1tJP¥7.3tJP¥588.1b5.7x8.7x0.7x
Fri, 12 Jul 2024JP¥5.7tJP¥7.2tJP¥548.8b7.2x10.5x0.8x
Sun, 09 Jun 2024JP¥6.0tJP¥7.2tJP¥548.8b7.7x11x0.8x
Tue, 07 May 2024JP¥6.4tJP¥7.1tJP¥510.8b9.4x12.5x0.9x
Thu, 04 Apr 2024JP¥6.1tJP¥7.1tJP¥510.8b8.9x12x0.9x
Sat, 02 Mar 2024JP¥6.0tJP¥7.1tJP¥510.8b9.2x11.7x0.8x
Mon, 29 Jan 2024JP¥5.7tJP¥7.1tJP¥500.2b9x11.4x0.8x
Wed, 27 Dec 2023JP¥5.5tJP¥7.1tJP¥500.2b8.3x10.9x0.8x
Fri, 24 Nov 2023JP¥5.4tJP¥7.1tJP¥500.2b8.2x10.9x0.8x
Sun, 22 Oct 2023JP¥5.2tJP¥7.0tJP¥473.0b9x11x0.7x
Tue, 19 Sep 2023JP¥5.5tJP¥7.0tJP¥473.0b10.6x11.6x0.8x
Thu, 17 Aug 2023JP¥5.0tJP¥7.0tJP¥473.0b9.7x10.5x0.7x
Sat, 15 Jul 2023JP¥5.1tJP¥6.9tJP¥423.7b11.2x12x0.7x
Mon, 12 Jun 2023JP¥5.2tJP¥6.9tJP¥423.7b11.5x12.2x0.8x
Wed, 10 May 2023JP¥4.9tJP¥6.7tJP¥413.2b11.4x11.8x0.7x
Fri, 07 Apr 2023JP¥4.5tJP¥6.7tJP¥413.2b10.4x10.9x0.7x
Sun, 05 Mar 2023JP¥4.6tJP¥6.7tJP¥413.2b10.4x11.1x0.7x
Tue, 31 Jan 2023JP¥4.3tJP¥6.3tJP¥466.3b8.5x9.1x0.7x
Thu, 29 Dec 2022JP¥4.3tJP¥6.3tJP¥466.3b8.5x9.2x0.7x
Sat, 26 Nov 2022JP¥4.6tJP¥6.3tJP¥466.3b9x9.8x0.7x
Mon, 24 Oct 2022JP¥4.5tJP¥5.8tJP¥430.5b8.2x10.4x0.8x
Wed, 21 Sep 2022JP¥4.5tJP¥5.8tJP¥430.5b8.6x10.5x0.8x
Fri, 19 Aug 2022JP¥4.8tJP¥5.8tJP¥430.5b8.6x11.1x0.8x
Sun, 17 Jul 2022JP¥4.4tJP¥5.6tJP¥436.9b8.8x10.1x0.8x
Tue, 14 Jun 2022JP¥4.5tJP¥5.6tJP¥436.9b8.6x10.3x0.8x
Thu, 12 May 2022JP¥4.1tJP¥5.3tJP¥442.1b7x9.3x0.8x
Sat, 09 Apr 2022JP¥3.9tJP¥5.3tJP¥442.1b6.9x8.9x0.7x
Mon, 07 Mar 2022JP¥3.9tJP¥5.3tJP¥442.1b7.3x8.9x0.7x
Wed, 02 Feb 2022JP¥4.3tJP¥5.2tJP¥343.7b6.4x12.6x0.8x
Fri, 31 Dec 2021JP¥4.4tJP¥5.2tJP¥343.7b6.9x12.8x0.8x
Sun, 28 Nov 2021JP¥4.3tJP¥5.2tJP¥343.7b6.6x12.4x0.8x
Price to Earnings Ratio

12.4x


Total Market Cap: JP¥4.3tTotal Earnings: JP¥343.7bTotal Revenue: JP¥5.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Tires and Rubber Industry Price to Earnings3Y Average 10.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese Tires and Rubber industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 12% 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-0.44%
Consumer Discretionary1.04%
Auto Components1.81%
Tires and Rubber-0.019%
Auto Parts and Equipment2.35%
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
5101 Yokohama Rubber CompanyJP¥3.04k2.1%
+JP¥6.1b		-2.9%PE5.8x
5110 Sumitomo Rubber IndustriesJP¥1.77k1.3%
+JP¥5.8b		6.6%PE33.5x
5105 Toyo TireJP¥2.39k0.7%
+JP¥2.4b		-3.9%PE5.2x
5121 FUJIKURA COMPOSITESJP¥1.57k5.9%
+JP¥1.7b		16.5%PE9.2x
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Latest News

5101

JP¥3,042.00

Yokohama Rubber Company

7D

2.1%

1Y

-2.9%

Earnings Miss: The Yokohama Rubber Company, Limited Missed EPS By 30% And Analysts Are Revising Their Forecasts

Nov 17
Earnings Miss: The Yokohama Rubber Company, Limited Missed EPS By 30% And Analysts Are Revising Their Forecasts

5105

JP¥2,385.50

Toyo Tire

7D

0.7%

1Y

-3.9%

Analysts Are Updating Their Toyo Tire Corporation (TSE:5105) Estimates After Its Third-Quarter Results

Nov 15
Analysts Are Updating Their Toyo Tire Corporation (TSE:5105) Estimates After Its Third-Quarter Results

5121

JP¥1,569.00

FUJIKURA COMPOSITES

7D

5.9%

1Y

16.5%

5110

JP¥1,770.00

Sumitomo Rubber Industries

7D

1.3%

1Y

6.6%

We Think You Can Look Beyond Sumitomo Rubber Industries' (TSE:5110) Lackluster Earnings

Nov 14
We Think You Can Look Beyond Sumitomo Rubber Industries' (TSE:5110) Lackluster Earnings

5108

JP¥5,398.00

Bridgestone

7D

-0.3%

1Y

-9.0%

Bridgestone Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Nov 13
Bridgestone Corporation Just Missed Earnings - But Analysts Have Updated Their Models

4231

JP¥671.00

Tigers Polymer

7D

-0.4%

1Y

-26.7%