Japanese (NIKKEI) Regional Banks Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies79
- 7D-1.7%
- 3M2.2%
- 1Y42.4%
- YTD24.3%
In the last week, the Regional Banks industry is up 2.0%, with Gunma Bank up 11%. During this same period, the First Bank Of Toyama underperformed, falling 6.6%. In the last 12 months, the industry was up 35%. Earnings are forecast to grow by 2.4% annually.
Industry Valuation and Performance
Has the Japanese Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | JP¥12.4t | JP¥7.1t | JP¥1.2t | 10.2x | 10.8x | 1.7x |
| Fri, 03 Nov 2023 | JP¥13.9t | JP¥7.4t | JP¥1.2t | 11.1x | 12x | 1.9x |
| Sun, 01 Oct 2023 | JP¥13.1t | JP¥7.3t | JP¥1.2t | 10x | 11.3x | 1.8x |
| Tue, 29 Aug 2023 | JP¥12.3t | JP¥7.3t | JP¥1.2t | 9.1x | 10.6x | 1.7x |
| Thu, 27 Jul 2023 | JP¥11.6t | JP¥7.5t | JP¥1.2t | 8.2x | 9.8x | 1.6x |
| Sat, 24 Jun 2023 | JP¥11.0t | JP¥7.6t | JP¥1.2t | 7.8x | 9.3x | 1.5x |
| Mon, 22 May 2023 | JP¥10.9t | JP¥7.5t | JP¥1.1t | 7.9x | 9.8x | 1.4x |
| Wed, 19 Apr 2023 | JP¥10.4t | JP¥7.1t | JP¥960.0b | 7.7x | 10.8x | 1.5x |
| Fri, 17 Mar 2023 | JP¥9.8t | JP¥7.1t | JP¥1.1t | 7.6x | 9.2x | 1.4x |
| Sun, 12 Feb 2023 | JP¥10.9t | JP¥7.1t | JP¥924.0b | 8.4x | 11.8x | 1.5x |
| Tue, 10 Jan 2023 | JP¥10.4t | JP¥7.0t | JP¥1.0t | 7.8x | 10.3x | 1.5x |
| Thu, 08 Dec 2022 | JP¥9.6t | JP¥7.0t | JP¥1.0t | 7.1x | 9.5x | 1.4x |
| Sat, 05 Nov 2022 | JP¥9.1t | JP¥6.9t | JP¥979.8b | 6.6x | 9.3x | 1.3x |
| Mon, 03 Oct 2022 | JP¥8.7t | JP¥6.7t | JP¥960.9b | 6.6x | 9.1x | 1.3x |
| Wed, 31 Aug 2022 | JP¥8.8t | JP¥6.9t | JP¥980.4b | 6.9x | 9x | 1.3x |
| Fri, 29 Jul 2022 | JP¥8.8t | JP¥6.7t | JP¥983.9b | 7.3x | 8.9x | 1.3x |
| Sun, 26 Jun 2022 | JP¥8.8t | JP¥6.8t | JP¥984.4b | 7.1x | 8.9x | 1.3x |
| Tue, 24 May 2022 | JP¥8.3t | JP¥6.8t | JP¥984.9b | 7x | 8.5x | 1.2x |
| Thu, 21 Apr 2022 | JP¥9.1t | JP¥6.7t | JP¥1.1t | 6.6x | 8.3x | 1.3x |
| Sat, 19 Mar 2022 | JP¥8.9t | JP¥6.7t | JP¥1.1t | 6.8x | 8.1x | 1.3x |
| Mon, 14 Feb 2022 | JP¥9.3t | JP¥7.0t | JP¥1.1t | 7.2x | 8.5x | 1.3x |
| Wed, 12 Jan 2022 | JP¥8.9t | JP¥6.8t | JP¥1.0t | 7.8x | 8.6x | 1.3x |
| Fri, 10 Dec 2021 | JP¥8.0t | JP¥6.8t | JP¥1.0t | 6.9x | 7.7x | 1.2x |
| Sun, 07 Nov 2021 | JP¥8.3t | JP¥6.9t | JP¥1.0t | 7.3x | 8.1x | 1.2x |
| Tue, 05 Oct 2021 | JP¥8.3t | JP¥6.9t | JP¥1.0t | 7.5x | 8.2x | 1.2x |
| Thu, 02 Sep 2021 | JP¥8.0t | JP¥6.7t | JP¥991.6b | 7.4x | 8.1x | 1.2x |
| Sat, 31 Jul 2021 | JP¥7.6t | JP¥6.7t | JP¥991.6b | 7.2x | 7.6x | 1.1x |
| Tue, 04 May 2021 | JP¥8.1t | JP¥6.5t | JP¥866.1b | 8.8x | 9.4x | 1.2x |
| Fri, 05 Feb 2021 | JP¥7.4t | JP¥6.5t | JP¥814.7b | 8.8x | 9.1x | 1.1x |
Price to Earnings Ratio
9.1x
Current Industry PE
- Investors are optimistic on the Japanese Regional Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.9x which is higher than its 3-year average PE of 9.3x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 3.6% 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 Regional Banks compare with similar industries?
| JP Market | -0.67% | |
| Financials | -2.03% | |
| Banks | -3.02% | |
| Regional Banks | -1.71% | |
| Diversified Banks | -3.44% | |
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 | |
|---|---|---|---|---|---|
| 8410 Seven Bank | JP¥304.10 | 0.5% +JP¥1.8b | 18.3% | PB1.3x | |
| 8358 Suruga Bank | JP¥761.00 | 0.8% +JP¥1.2b | 87.4% | PB0.5x | |
| 8346 Toho Bank | JP¥296.00 | 0.7% +JP¥504.5m | 45.1% | PB0.4x | |
| 8560 Miyazaki Taiyo Bank | JP¥1.23k | 2.2% +JP¥137.5m | 20.3% | PB0.2x |