Mitsubishi UFJ Financial Group (TSE:8306) Is Paying Out A Larger Dividend Than Last Year
Dec 20
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Japanese (NIKKEI) Banks Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies83
- 7D-3.6%
- 3M17.0%
- 1Y40.7%
- YTD38.5%
Over the last 7 days, the Banks industry has dropped 3.6%, driven by Mitsubishi UFJ Financial Group declining 4.1%. Over the past 12 months, the industry was up 41%. Earnings are forecast to grow by 8.5% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | JP¥68.6t | JP¥24.1t | JP¥5.4t | 9.9x | 12.7x | 2.8x |
| Tue, 19 Nov 2024 | JP¥68.8t | JP¥23.6t | JP¥5.4t | 9.9x | 12.8x | 2.9x |
| Thu, 17 Oct 2024 | JP¥61.1t | JP¥22.7t | JP¥4.7t | 9.4x | 13x | 2.7x |
| Sat, 14 Sep 2024 | JP¥57.1t | JP¥22.7t | JP¥4.7t | 8.9x | 12.2x | 2.5x |
| Mon, 12 Aug 2024 | JP¥56.4t | JP¥22.7t | JP¥4.7t | 9.1x | 12x | 2.5x |
| Wed, 10 Jul 2024 | JP¥69.4t | JP¥24.0t | JP¥4.7t | 11.6x | 14.9x | 2.9x |
| Fri, 07 Jun 2024 | JP¥65.3t | JP¥25.1t | JP¥4.7t | 11.6x | 13.8x | 2.6x |
| Sun, 05 May 2024 | JP¥61.8t | JP¥20.8t | JP¥4.7t | 11.9x | 13.2x | 3x |
| Tue, 02 Apr 2024 | JP¥59.8t | JP¥20.6t | JP¥4.7t | 11.4x | 12.8x | 2.9x |
| Thu, 29 Feb 2024 | JP¥58.7t | JP¥20.8t | JP¥4.7t | 11.1x | 12.5x | 2.8x |
| Sat, 27 Jan 2024 | JP¥53.7t | JP¥20.6t | JP¥4.4t | 10.6x | 12.1x | 2.6x |
| Mon, 25 Dec 2023 | JP¥49.6t | JP¥20.8t | JP¥4.5t | 10x | 10.9x | 2.4x |
| Wed, 22 Nov 2023 | JP¥52.1t | JP¥23.7t | JP¥5.1t | 10.3x | 10.3x | 2.2x |
| Fri, 20 Oct 2023 | JP¥52.3t | JP¥22.7t | JP¥4.8t | 10.5x | 10.9x | 2.3x |
| Sun, 17 Sep 2023 | JP¥53.6t | JP¥22.6t | JP¥4.8t | 10.5x | 11.3x | 2.4x |
| Tue, 15 Aug 2023 | JP¥46.5t | JP¥23.5t | JP¥4.8t | 9.1x | 9.7x | 2x |
| Thu, 13 Jul 2023 | JP¥45.1t | JP¥23.0t | JP¥3.8t | 8.5x | 12x | 2x |
| Sat, 10 Jun 2023 | JP¥41.9t | JP¥24.2t | JP¥4.2t | 8.1x | 9.9x | 1.7x |
| Mon, 08 May 2023 | JP¥39.7t | JP¥19.8t | JP¥1.9t | 8.1x | 20.5x | 2x |
| Wed, 05 Apr 2023 | JP¥38.9t | JP¥19.7t | JP¥1.9t | 8.1x | 20.3x | 2x |
| Fri, 03 Mar 2023 | JP¥42.2t | JP¥19.7t | JP¥2.0t | 8.7x | 20.9x | 2.1x |
| Sun, 29 Jan 2023 | JP¥42.6t | JP¥18.8t | JP¥1.9t | 8.3x | 22.9x | 2.3x |
| Tue, 27 Dec 2022 | JP¥39.9t | JP¥18.9t | JP¥1.9t | 7.8x | 21.1x | 2.1x |
| Thu, 24 Nov 2022 | JP¥34.9t | JP¥19.3t | JP¥1.9t | 7.1x | 18.4x | 1.8x |
| Sat, 22 Oct 2022 | JP¥33.2t | JP¥18.5t | JP¥2.2t | 7x | 15.4x | 1.8x |
| Mon, 19 Sep 2022 | JP¥34.2t | JP¥18.5t | JP¥2.2t | 7x | 15.9x | 1.8x |
| Wed, 17 Aug 2022 | JP¥33.2t | JP¥18.8t | JP¥2.2t | 7x | 15.4x | 1.8x |
| Fri, 15 Jul 2022 | JP¥33.0t | JP¥17.8t | JP¥2.5t | 7.2x | 13.3x | 1.9x |
| Sun, 12 Jun 2022 | JP¥32.9t | JP¥21.3t | JP¥3.9t | 7.4x | 8.4x | 1.5x |
| Tue, 10 May 2022 | JP¥33.6t | JP¥20.1t | JP¥4.7t | 6.6x | 7.2x | 1.7x |
| Thu, 07 Apr 2022 | JP¥32.8t | JP¥20.1t | JP¥4.7t | 6.5x | 7x | 1.6x |
| Sat, 05 Mar 2022 | JP¥32.2t | JP¥20.1t | JP¥4.7t | 6.4x | 6.9x | 1.6x |
| Mon, 31 Jan 2022 | JP¥33.5t | JP¥20.0t | JP¥4.3t | 7.4x | 7.8x | 1.7x |
| Wed, 29 Dec 2021 | JP¥31.0t | JP¥19.9t | JP¥4.3t | 7.2x | 7.2x | 1.6x |
Price to Earnings Ratio
7.2x
Current Industry PE
- Investors are relatively neutral on the Japanese Banks 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 13.0x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 8.2% per year over the last three years.
- Revenues for these companies have grown 6.7% 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 | -1.46% | |
| Financials | -3.12% | |
| Banks | -3.62% | |
| Diversified Banks | -3.30% | |
| Regional Banks | -4.79% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 15.5x.
- Analysts are expecting annual earnings growth of 7.9%, which is lower than the prior year's growth of 28.2% per year.
- Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 10.5x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 22% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.9% 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 | |
|---|---|---|---|---|---|
| 8358 Suruga Bank | JP¥1.15k | 4.8% +JP¥9.9b | 44.2% | PB0.7x | |
| 7163 SBI Sumishin Net Bank | JP¥3.80k | 1.7% +JP¥9.8b | 153.8% | PB3.5x | |
| 8304 Aozora Bank | JP¥2.42k | 0.9% +JP¥2.8b | -22.2% | PB0.7x | |
| 8370 Kiyo Bank | JP¥2.13k | 0.4% +JP¥512.3m | 38.6% | PB0.6x | |
| 8398 Chikuho Bank | JP¥1.39k | 0.6% +JP¥48.7m | -4.6% | PB0.2x |
