Japanese (NIKKEI) Tires and Rubber Industry Analysis
UpdatedMay 21, 2022
DataAggregated Company Financials
Companies7
- 7D1.0%
- 3M-3.7%
- 1Y-3.2%
- YTD-2.1%
Over the last 7 days, the Tires and Rubber industry has risen 4.8%, driven by gains from every company within the industry. In contrast, the industry has lost 3.2% in the last 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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 21 May 2022 | JP¥4.3t | JP¥5.6t | JP¥436.9b | 8.2x |
| Mon, 18 Apr 2022 | JP¥4.1t | JP¥5.3t | JP¥442.1b | 6.9x |
| Wed, 16 Mar 2022 | JP¥3.9t | JP¥5.3t | JP¥442.1b | 7.1x |
| Fri, 11 Feb 2022 | JP¥4.6t | JP¥5.3t | JP¥323.5b | 8.6x |
| Sun, 09 Jan 2022 | JP¥4.5t | JP¥5.2t | JP¥343.7b | 7x |
| Tue, 07 Dec 2021 | JP¥4.3t | JP¥5.2t | JP¥343.7b | 6.6x |
| Thu, 04 Nov 2021 | JP¥4.6t | JP¥5.2t | JP¥271.1b | 9.1x |
| Sat, 02 Oct 2021 | JP¥4.6t | JP¥5.2t | JP¥271.1b | 9.1x |
| Mon, 30 Aug 2021 | JP¥4.5t | JP¥5.2t | JP¥271.1b | 9.5x |
| Tue, 06 Jul 2021 | JP¥4.7t | JP¥5.2t | JP¥271.1b | 11.4x |
| Fri, 09 Apr 2021 | JP¥4.1t | JP¥4.8t | JP¥131.9b | 12.4x |
| Thu, 31 Dec 2020 | JP¥3.1t | JP¥4.8t | JP¥37.5b | 20.7x |
| Sun, 04 Oct 2020 | JP¥3.1t | JP¥4.8t | JP¥98.3b | 37x |
| Wed, 08 Jul 2020 | JP¥3.2t | JP¥5.0t | JP¥192.4b | 16.1x |
| Tue, 31 Mar 2020 | JP¥3.0t | JP¥5.4t | JP¥311.7b | 21.2x |
| Fri, 03 Jan 2020 | JP¥3.8t | JP¥5.5t | JP¥372.5b | 13.3x |
| Mon, 07 Oct 2019 | JP¥3.9t | JP¥5.6t | JP¥367.2b | 12.5x |
| Sun, 30 Jun 2019 | JP¥4.0t | JP¥5.6t | JP¥351.4b | 11.6x |
Median PE Ratio
10.4x
Current Industry PE
- Investors are more pessimistic on the 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 8.3x which is lower than its 3-year average PE of 15.1x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 6.0% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Japanese Tires and Rubber compare with similar industries?
| JP Market | 0.71% | |
| Consumer Discretionary | 0.62% | |
| Auto Components | 0.72% | |
| Tires and Rubber | 0.96% | |
| Auto Parts and Equipment | 0.64% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 5108 Bridgestone | JP¥4.91k | 1.6% +JP¥52.4b | 2.8% | PS11x | |
| 5105 Toyo Tire | JP¥1.75k | 2.7% +JP¥7.1b | -20.9% | PS5.7x | |
| 5121 FUJIKURA COMPOSITES | JP¥817.00 | 15.2% +JP¥2.3b | 62.1% | PS4.2x | |
| 5104 Nitto KakoLtd | JP¥398.00 | 0.3% +JP¥3.8m | -6.8% | n/a |