Japanese (NIKKEI) Banks Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies87
- 7D0.05%
- 3M7.9%
- 1Y53.9%
- YTD31.7%
Over the last 7 days, the Banks industry has remained flat. The past year has been better, since the industry has gained 50% in that time. Earnings are forecast to grow by 2.4% annually.
Industry Valuation and Performance
Has the Japanese Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | JP¥52.0t | JP¥23.5t | JP¥5.1t | 10.4x | 10.3x | 2.2x |
| Mon, 30 Oct 2023 | JP¥52.8t | JP¥22.8t | JP¥4.8t | 10.8x | 11x | 2.3x |
| Wed, 27 Sep 2023 | JP¥54.4t | JP¥22.7t | JP¥4.8t | 10.6x | 11.3x | 2.4x |
| Fri, 25 Aug 2023 | JP¥47.7t | JP¥22.7t | JP¥4.8t | 9.2x | 9.9x | 2.1x |
| Sun, 23 Jul 2023 | JP¥45.4t | JP¥22.2t | JP¥3.8t | 8.6x | 12.1x | 2x |
| Tue, 20 Jun 2023 | JP¥42.8t | JP¥24.2t | JP¥4.2t | 8.2x | 10.1x | 1.8x |
| Thu, 18 May 2023 | JP¥41.2t | JP¥21.3t | JP¥2.2t | 8.1x | 18.4x | 1.9x |
| Sat, 15 Apr 2023 | JP¥38.4t | JP¥19.7t | JP¥1.9t | 7.9x | 20.1x | 2x |
| Mon, 13 Mar 2023 | JP¥41.9t | JP¥19.6t | JP¥2.0t | 8.8x | 21x | 2.1x |
| Wed, 08 Feb 2023 | JP¥41.2t | JP¥19.3t | JP¥1.8t | 8x | 22.4x | 2.1x |
| Fri, 06 Jan 2023 | JP¥39.8t | JP¥18.9t | JP¥1.9t | 7.9x | 21x | 2.1x |
| Sun, 04 Dec 2022 | JP¥34.7t | JP¥11.6t | JP¥1.9t | 7.2x | 18.3x | 3x |
| Tue, 01 Nov 2022 | JP¥33.1t | JP¥18.5t | JP¥2.2t | 7x | 15.4x | 1.8x |
| Thu, 29 Sep 2022 | JP¥32.8t | JP¥18.5t | JP¥2.2t | 6.9x | 15.2x | 1.8x |
| Sat, 27 Aug 2022 | JP¥33.5t | JP¥18.5t | JP¥2.2t | 7x | 15.6x | 1.8x |
| Mon, 25 Jul 2022 | JP¥33.4t | JP¥17.8t | JP¥2.5t | 7.3x | 13.4x | 1.9x |
| Wed, 22 Jun 2022 | JP¥33.5t | JP¥21.3t | JP¥3.9t | 7.4x | 8.6x | 1.6x |
| Fri, 20 May 2022 | JP¥31.9t | JP¥21.3t | JP¥3.9t | 7x | 8.2x | 1.5x |
| Sun, 17 Apr 2022 | JP¥33.0t | JP¥20.1t | JP¥4.7t | 6.5x | 7.1x | 1.6x |
| Tue, 15 Mar 2022 | JP¥32.7t | JP¥20.1t | JP¥4.7t | 6.6x | 7x | 1.6x |
| Thu, 10 Feb 2022 | JP¥35.4t | JP¥20.4t | JP¥4.7t | 7.5x | 7.5x | 1.7x |
| Sat, 08 Jan 2022 | JP¥33.1t | JP¥19.9t | JP¥4.3t | 7.7x | 7.7x | 1.7x |
| Mon, 06 Dec 2021 | JP¥30.0t | JP¥19.8t | JP¥4.3t | 6.8x | 7x | 1.5x |
| Wed, 03 Nov 2021 | JP¥30.8t | JP¥19.9t | JP¥4.3t | 5.1x | 7.2x | 1.5x |
| Fri, 01 Oct 2021 | JP¥31.5t | JP¥19.7t | JP¥4.3t | 7.5x | 7.4x | 1.6x |
| Sun, 29 Aug 2021 | JP¥29.8t | JP¥19.7t | JP¥4.3t | 7.3x | 7x | 1.5x |
| Mon, 05 Jul 2021 | JP¥29.8t | JP¥19.7t | JP¥4.3t | 7.4x | 7x | 1.5x |
| Thu, 08 Apr 2021 | JP¥31.7t | JP¥19.2t | JP¥3.6t | 9.6x | 8.8x | 1.6x |
| Sun, 10 Jan 2021 | JP¥25.5t | JP¥16.9t | JP¥2.0t | 9x | 12.7x | 1.5x |
Price to Earnings Ratio
12.3x
Current Industry PE
- Investors are pessimistic on the Japanese Banks 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 10.3x which is lower than its 3-year average PE of 11.8x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Japanese Financials industry?
| JP Market | -0.35% | |
| Financials | -0.097% | |
| Banks | 0.048% | |
| Diversified Banks | 0.28% | |
| Regional Banks | -0.67% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 9.3x.
- Analysts are expecting annual earnings growth of 2.4%, which is higher than its past year's earnings decline of 5.7% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 14.4x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 2.4% over the next 5 years.
- This is better than its past earnings decline of 5.7% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 2.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8309 Sumitomo Mitsui Trust Holdings | JP¥5.59k | 1.9% +JP¥37.0b | 31.4% | PB0.7x | |
| 7186 Concordia Financial Group | JP¥703.20 | 2.2% +JP¥18.1b | 52.2% | PB0.7x | |
| 5838 Rakuten Bank | JP¥2.64k | 1.9% +JP¥8.4b | n/a | PB1.9x | |
| 7163 SBI Sumishin Net Bank | JP¥1.71k | 1.6% +JP¥4.1b | n/a | PB1.9x | |
| 8358 Suruga Bank | JP¥755.00 | 2.6% +JP¥3.9b | 84.6% | PB0.5x |