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Japanese (NIKKEI) Banks Industry Analysis

UpdatedAug 07, 2024
DataAggregated Company Financials
Companies83
  • 7D-19.4%
  • 3M-12.5%
  • 1Y16.3%
  • YTD7.3%

Over the last 7 days, the Banks industry has dropped 19%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 16%. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

Has the Japanese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Aug 2024JP¥53.3tJP¥22.9tJP¥4.7t9.3x11.3x2.3x
Sat, 06 Jul 2024JP¥70.2tJP¥24.0tJP¥4.7t11.7x15.1x2.9x
Mon, 03 Jun 2024JP¥67.0tJP¥25.1tJP¥4.7t12x14.1x2.7x
Wed, 01 May 2024JP¥62.7tJP¥20.8tJP¥4.7t12.1x13.4x3x
Fri, 29 Mar 2024JP¥61.0tJP¥20.6tJP¥4.7t11.6x13.1x3x
Sun, 25 Feb 2024JP¥57.3tJP¥20.8tJP¥4.7t10.7x12.2x2.8x
Tue, 23 Jan 2024JP¥52.8tJP¥20.6tJP¥4.4t10.4x11.9x2.6x
Thu, 21 Dec 2023JP¥48.8tJP¥20.8tJP¥4.5t9.9x10.7x2.3x
Sat, 18 Nov 2023JP¥52.1tJP¥23.6tJP¥5.1t10.4x10.3x2.2x
Mon, 16 Oct 2023JP¥52.0tJP¥22.7tJP¥4.8t10.2x10.8x2.3x
Wed, 13 Sep 2023JP¥53.0tJP¥22.6tJP¥4.8t10.3x11.2x2.3x
Fri, 11 Aug 2023JP¥46.8tJP¥23.4tJP¥4.9t8.9x9.6x2x
Sun, 09 Jul 2023JP¥44.8tJP¥23.0tJP¥3.8t8.5x11.9x1.9x
Tue, 06 Jun 2023JP¥42.1tJP¥24.2tJP¥4.2t8.3x10x1.7x
Thu, 04 May 2023JP¥39.7tJP¥19.8tJP¥1.9t8.1x20.5x2x
Sat, 01 Apr 2023JP¥37.9tJP¥19.7tJP¥1.9t7.8x19.8x1.9x
Mon, 27 Feb 2023JP¥42.3tJP¥19.7tJP¥2.0t8.9x20.9x2.1x
Wed, 25 Jan 2023JP¥41.8tJP¥18.5tJP¥1.8t8.2x23x2.3x
Fri, 23 Dec 2022JP¥39.1tJP¥18.9tJP¥1.9t7.7x20.6x2.1x
Sun, 20 Nov 2022JP¥34.0tJP¥19.3tJP¥1.9t6.8x17.9x1.8x
Tue, 18 Oct 2022JP¥32.8tJP¥18.5tJP¥2.2t7x15.2x1.8x
Thu, 15 Sep 2022JP¥33.6tJP¥18.5tJP¥2.2t6.8x15.6x1.8x
Sat, 13 Aug 2022JP¥33.3tJP¥18.8tJP¥2.1t7.1x15.5x1.8x
Mon, 11 Jul 2022JP¥33.2tJP¥17.8tJP¥2.5t7.3x13.3x1.9x
Wed, 08 Jun 2022JP¥33.1tJP¥21.3tJP¥3.9t7.4x8.5x1.6x
Fri, 06 May 2022JP¥33.3tJP¥20.1tJP¥4.7t6.5x7.1x1.7x
Sun, 03 Apr 2022JP¥33.3tJP¥20.1tJP¥4.7t6.6x7.1x1.7x
Tue, 01 Mar 2022JP¥33.0tJP¥20.1tJP¥4.7t6.8x7x1.6x
Thu, 27 Jan 2022JP¥32.9tJP¥19.9tJP¥4.3t7.7x7.7x1.7x
Sat, 25 Dec 2021JP¥30.7tJP¥19.9tJP¥4.3t7.1x7.2x1.5x
Mon, 22 Nov 2021JP¥30.3tJP¥20.3tJP¥4.6t6.7x6.5x1.5x
Wed, 20 Oct 2021JP¥31.2tJP¥19.9tJP¥4.3t7.4x7.3x1.6x
Fri, 17 Sep 2021JP¥31.6tJP¥19.7tJP¥4.3t7.8x7.4x1.6x
Sun, 15 Aug 2021JP¥30.6tJP¥19.7tJP¥4.3t7.5x7.2x1.6x
Price to Earnings Ratio

7.2x


Total Market Cap: JP¥30.6tTotal Earnings: JP¥4.3tTotal Revenue: JP¥19.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Banks Industry Price to Earnings3Y Average 12.3x202220232024
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 12.3x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 3.4% per year over the last three years.
  • Revenues for these companies have grown 5.0% 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-11.11%
Financials-17.61%
Banks-19.43%
Regional Banks-17.63%
Diversified Banks-19.97%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 14.7x.
    • Analysts are expecting annual earnings growth of 9.2%, which is lower than the prior year's growth of 12.7% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 10.1x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 13% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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Latest News

8411

JP¥2,818.50

Mizuho Financial Group

7D

-18.3%

1Y

21.2%

8308

JP¥887.40

Resona Holdings

7D

-18.7%

1Y

24.9%

7186

JP¥754.50

Concordia Financial Group

7D

-21.4%

1Y

22.6%

8316

JP¥8,819.00

Sumitomo Mitsui Financial Group

7D

-19.2%

1Y

38.5%

8331

JP¥1,093.00

Chiba Bank

7D

-23.5%

1Y

13.7%

8306

JP¥1,433.00

Mitsubishi UFJ Financial Group

7D

-18.1%

1Y

30.9%