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Japanese (NIKKEI) Diversified Banks Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies8
- 7D2.4%
- 3M15.3%
- 1Y38.6%
- YTDn/a
In the last week, the Diversified Banks industry is up 3.8%, with Mizuho Financial Group up 8.9%. In the same time, Aozora Bank was down 7.5%. This means that the industry has gained 41% over the past year. Earnings are forecast to grow by 7.2% annually.
Industry Valuation and Performance
Has the Japanese Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | JP¥54.3t | JP¥16.1t | JP¥4.1t | 14.4x | 13.2x | 3.4x |
| Sat, 19 Oct 2024 | JP¥49.1t | JP¥15.6t | JP¥3.5t | 14.5x | 13.9x | 3.1x |
| Mon, 16 Sep 2024 | JP¥44.3t | JP¥15.6t | JP¥3.5t | 12.9x | 12.5x | 2.8x |
| Wed, 14 Aug 2024 | JP¥44.9t | JP¥15.6t | JP¥3.5t | 13.7x | 12.7x | 2.9x |
| Fri, 12 Jul 2024 | JP¥53.8t | JP¥15.9t | JP¥3.5t | 15.6x | 15.4x | 3.4x |
| Sun, 09 Jun 2024 | JP¥49.5t | JP¥17.8t | JP¥3.6t | 13.9x | 13.8x | 2.8x |
| Tue, 07 May 2024 | JP¥47.0t | JP¥13.8t | JP¥3.6t | 15x | 13x | 3.4x |
| Thu, 04 Apr 2024 | JP¥46.0t | JP¥13.8t | JP¥3.6t | 14x | 12.7x | 3.3x |
| Sat, 02 Mar 2024 | JP¥46.3t | JP¥13.8t | JP¥3.6t | 12.6x | 12.8x | 3.4x |
| Mon, 29 Jan 2024 | JP¥41.1t | JP¥13.5t | JP¥3.3t | 12.6x | 12.6x | 3x |
| Wed, 27 Dec 2023 | JP¥37.5t | JP¥13.7t | JP¥3.4t | 11.5x | 11.1x | 2.7x |
| Fri, 24 Nov 2023 | JP¥39.8t | JP¥16.5t | JP¥3.9t | 13x | 10.2x | 2.4x |
| Sun, 22 Oct 2023 | JP¥38.7t | JP¥15.4t | JP¥3.7t | 11.8x | 10.6x | 2.5x |
| Tue, 19 Sep 2023 | JP¥39.9t | JP¥15.3t | JP¥3.6t | 10.9x | 11.1x | 2.6x |
| Thu, 17 Aug 2023 | JP¥34.1t | JP¥16.0t | JP¥3.7t | 11.1x | 9.3x | 2.1x |
| Sat, 15 Jul 2023 | JP¥33.3t | JP¥15.4t | JP¥2.6t | 11.8x | 13x | 2.2x |
| Mon, 12 Jun 2023 | JP¥31.1t | JP¥16.6t | JP¥3.0t | 10.4x | 10.3x | 1.9x |
| Wed, 10 May 2023 | JP¥29.2t | JP¥12.6t | JP¥955.3b | 12.2x | 30.5x | 2.3x |
| Fri, 07 Apr 2023 | JP¥27.9t | JP¥12.6t | JP¥953.9b | 11x | 29.3x | 2.2x |
| Sun, 05 Mar 2023 | JP¥31.5t | JP¥12.5t | JP¥935.3b | 12.6x | 33.6x | 2.5x |
| Tue, 31 Jan 2023 | JP¥31.7t | JP¥11.9t | JP¥885.5b | 10.9x | 35.8x | 2.7x |
| Thu, 29 Dec 2022 | JP¥29.5t | JP¥11.9t | JP¥885.5b | 10.4x | 33.3x | 2.5x |
| Sat, 26 Nov 2022 | JP¥26.1t | JP¥12.1t | JP¥885.5b | 10x | 29.4x | 2.2x |
| Mon, 24 Oct 2022 | JP¥23.9t | JP¥11.6t | JP¥1.2t | 9.4x | 20.4x | 2.1x |
| Wed, 21 Sep 2022 | JP¥25.2t | JP¥11.6t | JP¥1.2t | 10.1x | 21.4x | 2.2x |
| Fri, 19 Aug 2022 | JP¥24.5t | JP¥11.8t | JP¥1.2t | 9.9x | 20.9x | 2.1x |
| Sun, 17 Jul 2022 | JP¥23.9t | JP¥11.1t | JP¥1.5t | 9.1x | 15.9x | 2.2x |
| Tue, 14 Jun 2022 | JP¥24.1t | JP¥14.5t | JP¥2.9t | 8.5x | 8.2x | 1.7x |
| Thu, 12 May 2022 | JP¥23.8t | JP¥13.4t | JP¥3.6t | 7.5x | 6.6x | 1.8x |
| Sat, 09 Apr 2022 | JP¥23.9t | JP¥13.4t | JP¥3.6t | 7.4x | 6.7x | 1.8x |
| Mon, 07 Mar 2022 | JP¥23.7t | JP¥13.4t | JP¥3.6t | 7.4x | 6.6x | 1.8x |
| Wed, 02 Feb 2022 | JP¥24.6t | JP¥13.1t | JP¥3.2t | 8.6x | 7.6x | 1.9x |
| Fri, 31 Dec 2021 | JP¥22.8t | JP¥13.1t | JP¥3.2t | 7.7x | 7.1x | 1.7x |
| Sun, 28 Nov 2021 | JP¥22.1t | JP¥13.4t | JP¥3.6t | 7x | 6.1x | 1.7x |
Price to Earnings Ratio
6.1x
Current Industry PE
- Investors are pessimistic on the Japanese Diversified 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 13.4x which is lower than its 3-year average PE of 15.3x.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 4.4% per year over the last three years.
- Revenues for these companies have grown 6.3% 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 Diversified Banks compare with similar industries?
| JP Market | -0.44% | |
| Financials | 0.64% | |
| Banks | 1.93% | |
| Diversified Banks | 2.44% | |
| Regional Banks | 0.097% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8411 Mizuho Financial Group | JP¥3.84k | 8.6% +JP¥773.2b | 50.7% | PB0.9x | |
| 8309 Sumitomo Mitsui Trust Group | JP¥3.70k | 0.7% +JP¥19.4b | 35.6% | PB0.8x | |
| 7163 SBI Sumishin Net Bank | JP¥2.95k | 4.0% +JP¥16.9b | 74.6% | PB2.7x | |
| 5838 Rakuten Bank | JP¥4.05k | 1.6% +JP¥10.8b | 53.9% | PB2.5x | |
| 8306 Mitsubishi UFJ Financial Group | JP¥1.80k | 0.03% +JP¥5.8b | 42.2% | PB1x |