Japanese (NIKKEI) Banks Industry Analysis
UpdatedJun 24, 2024
DataAggregated Company Financials
Companies83
- 7D-0.3%
- 3M1.7%
- 1Y51.2%
- YTD27.3%
The Banks industry has stayed flat over the last week. The past year has been better, since the industry has gained 51% in that time. Looking forward, earnings are forecast to grow by 8.2% 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 |
|---|---|---|---|---|---|---|
| Mon, 24 Jun 2024 | JP¥63.4t | JP¥25.1t | JP¥4.7t | 11.6x | 13.4x | 2.5x |
| Wed, 22 May 2024 | JP¥63.9t | JP¥25.1t | JP¥4.7t | 11.6x | 13.5x | 2.5x |
| Fri, 19 Apr 2024 | JP¥60.4t | JP¥20.8t | JP¥4.7t | 11.7x | 12.9x | 2.9x |
| Sun, 17 Mar 2024 | JP¥59.8t | JP¥20.6t | JP¥4.7t | 11.4x | 12.8x | 2.9x |
| Tue, 13 Feb 2024 | JP¥54.1t | JP¥21.1t | JP¥4.8t | 10x | 11.3x | 2.6x |
| Thu, 11 Jan 2024 | JP¥51.2t | JP¥20.6t | JP¥4.4t | 10.3x | 11.5x | 2.5x |
| Sat, 09 Dec 2023 | JP¥52.0t | JP¥20.8t | JP¥4.5t | 10.5x | 11.5x | 2.5x |
| Mon, 06 Nov 2023 | JP¥54.4t | JP¥22.8t | JP¥4.8t | 11.4x | 11.3x | 2.4x |
| Wed, 04 Oct 2023 | JP¥53.0t | JP¥22.7t | JP¥4.8t | 10.1x | 11x | 2.3x |
| Fri, 01 Sep 2023 | JP¥48.5t | JP¥22.7t | JP¥4.8t | 9.4x | 10.1x | 2.1x |
| Sun, 30 Jul 2023 | JP¥47.6t | JP¥22.2t | JP¥3.7t | 9x | 12.8x | 2.1x |
| Tue, 27 Jun 2023 | JP¥42.7t | JP¥24.2t | JP¥4.2t | 8.2x | 10.1x | 1.8x |
| Thu, 25 May 2023 | JP¥41.1t | JP¥24.2t | JP¥4.1t | 8.4x | 9.9x | 1.7x |
| Sat, 22 Apr 2023 | JP¥39.9t | JP¥19.8t | JP¥1.9t | 8.1x | 20.6x | 2x |
| Mon, 20 Mar 2023 | JP¥37.7t | JP¥19.5t | JP¥1.9t | 7.9x | 20x | 1.9x |
| Wed, 15 Feb 2023 | JP¥42.5t | JP¥19.5t | JP¥1.9t | 8.7x | 22.8x | 2.2x |
| Fri, 13 Jan 2023 | JP¥41.6t | JP¥18.9t | JP¥1.9t | 7.9x | 22x | 2.2x |
| Sun, 11 Dec 2022 | JP¥35.2t | JP¥18.9t | JP¥1.9t | 7.2x | 18.6x | 1.9x |
| Tue, 08 Nov 2022 | JP¥33.2t | JP¥18.5t | JP¥2.2t | 6.9x | 15.4x | 1.8x |
| Thu, 06 Oct 2022 | JP¥32.7t | JP¥18.5t | JP¥2.2t | 6.8x | 15.2x | 1.8x |
| Sat, 03 Sep 2022 | JP¥33.2t | JP¥18.5t | JP¥2.2t | 6.9x | 15.4x | 1.8x |
| Mon, 01 Aug 2022 | JP¥33.7t | JP¥18.1t | JP¥2.4t | 7.2x | 13.7x | 1.9x |
| Wed, 29 Jun 2022 | JP¥33.6t | JP¥21.3t | JP¥3.9t | 7.4x | 8.6x | 1.6x |
| Fri, 27 May 2022 | JP¥32.2t | JP¥21.3t | JP¥3.9t | 7.1x | 8.2x | 1.5x |
| Sun, 24 Apr 2022 | JP¥33.6t | JP¥20.1t | JP¥4.7t | 6.5x | 7.2x | 1.7x |
| Tue, 22 Mar 2022 | JP¥33.9t | JP¥20.1t | JP¥4.7t | 6.8x | 7.2x | 1.7x |
| Thu, 17 Feb 2022 | JP¥34.8t | JP¥20.4t | JP¥4.7t | 7.1x | 7.3x | 1.7x |
| Sat, 15 Jan 2022 | JP¥34.0t | JP¥19.9t | JP¥4.3t | 7.9x | 8x | 1.7x |
| Mon, 13 Dec 2021 | JP¥30.4t | JP¥19.9t | JP¥4.3t | 6.9x | 7.1x | 1.5x |
| Wed, 10 Nov 2021 | JP¥30.7t | JP¥19.9t | JP¥4.3t | 7.2x | 7.1x | 1.5x |
| Fri, 08 Oct 2021 | JP¥31.6t | JP¥19.9t | JP¥4.3t | 7.4x | 7.3x | 1.6x |
| Sun, 05 Sep 2021 | JP¥30.6t | JP¥19.7t | JP¥4.3t | 7.4x | 7.2x | 1.6x |
| Tue, 03 Aug 2021 | JP¥29.4t | JP¥19.7t | JP¥4.3t | 7.4x | 6.9x | 1.5x |
Price to Earnings Ratio
7x
Current Industry PE
- Investors are optimistic on the Japanese Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.4x which is higher than its 3-year average PE of 12.1x.
- The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 3.5% per year over the last three years.
- Revenues for these companies have grown 8.3% 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 | -0.62% | |
| Financials | 0.32% | |
| Banks | -0.26% | |
| Regional Banks | 0.81% | |
| Diversified Banks | -0.60% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 14.4x.
- Analysts are expecting annual earnings growth of 7.9%, which is lower than the prior year's growth of 22.2% per year.
- Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.9x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 9.5% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- 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 | |
|---|---|---|---|---|---|
| 8306 Mitsubishi UFJ Financial Group | JP¥1.58k | 2.3% +JP¥409.5b | 56.9% | PB0.9x | |
| 8411 Mizuho Financial Group | JP¥3.13k | 3.4% +JP¥261.1b | 46.7% | PB0.8x | |
| 8316 Sumitomo Mitsui Financial Group | JP¥10.03k | 1.7% +JP¥223.2b | 69.3% | PB0.9x | |
| 8308 Resona Holdings | JP¥1.01k | 4.2% +JP¥94.5b | 51.2% | PB0.8x | |
| 5844 Kyoto Financial GroupInc | JP¥2.79k | 7.0% +JP¥53.6b | 56.7% | PB0.7x |