Has the Japanese Financials Sector valuation changed over the past few years?
|Mon, 29 Nov 2021||JP¥60.2t||JP¥72.1t||JP¥7.8t||8x|
|Wed, 27 Oct 2021||JP¥62.3t||JP¥70.8t||JP¥7.1t||8.8x|
|Fri, 24 Sep 2021||JP¥62.6t||JP¥70.7t||JP¥7.1t||9x|
|Sun, 22 Aug 2021||JP¥59.1t||JP¥70.7t||JP¥7.1t||8.7x|
|Fri, 09 Jul 2021||JP¥59.2t||JP¥70.7t||JP¥7.1t||8.7x|
|Thu, 01 Apr 2021||JP¥62.8t||JP¥70.2t||JP¥6.3t||10.8x|
|Sun, 03 Jan 2021||JP¥52.8t||JP¥66.0t||JP¥4.2t||10.6x|
|Wed, 07 Oct 2020||JP¥49.7t||JP¥66.8t||JP¥4.3t||11.6x|
|Tue, 30 Jun 2020||JP¥49.1t||JP¥67.5t||JP¥4.2t||10.2x|
|Fri, 03 Apr 2020||JP¥46.8t||JP¥67.3t||JP¥4.6t||9.7x|
|Mon, 06 Jan 2020||JP¥61.3t||JP¥68.8t||JP¥5.3t||10.4x|
|Thu, 10 Oct 2019||JP¥57.4t||JP¥68.8t||JP¥5.5t||9.8x|
|Wed, 03 Jul 2019||JP¥57.7t||JP¥69.8t||JP¥5.5t||9.7x|
|Sat, 06 Apr 2019||JP¥62.1t||JP¥71.0t||JP¥5.3t||10.8x|
|Tue, 08 Jan 2019||JP¥59.9t||JP¥70.0t||JP¥6.6t||10.5x|
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 10.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Financials industry have grown 3.4% 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.
Which industries have driven the changes within the Japanese Financials sector?
Industry PE: Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 11.0x. This is likely because analysts are expecting annual earnings growth of 8.7%, which is higher than its past year's earnings growth of 5.8% per year. Meanwhile, investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 9.1x.
Forecasted Growth: Analysts are most optimistic on the Mortgage Finance industry, expecting annual earnings growth of 14% over the next 5 years. This is better than its past earnings decline of 0.5% per year. Meanwhile, the Banks industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?
Tokio Marine Holdings
Mitsubishi UFJ Financial Group
Japan Post Holdings
Sumitomo Mitsui Financial Group
Dai-ichi Life Holdings
Mizuho Financial Group
North Pacific BankLtd
GMO Financial Holdings
Morningstar Japan K.K
Hokkoku Financial Holdings
MS&AD Insurance Group Holdings