Has the Japanese Trade Distributors Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||JP¥24.8t||JP¥72.8t||JP¥2.8t||8.9x|
|Wed, 27 Oct 2021||JP¥24.9t||JP¥69.6t||JP¥2.2t||10.3x|
|Fri, 24 Sep 2021||JP¥23.9t||JP¥69.6t||JP¥2.2t||10.2x|
|Sun, 22 Aug 2021||JP¥22.8t||JP¥69.6t||JP¥2.2t||9.9x|
|Fri, 09 Jul 2021||JP¥23.4t||JP¥69.6t||JP¥2.2t||10.2x|
|Thu, 01 Apr 2021||JP¥23.9t||JP¥65.7t||JP¥1.4t||12.4x|
|Sun, 03 Jan 2021||JP¥20.1t||JP¥61.6t||JP¥1.0t||11.9x|
|Wed, 07 Oct 2020||JP¥18.8t||JP¥65.1t||JP¥1.2t||11.7x|
|Tue, 30 Jun 2020||JP¥16.9t||JP¥68.2t||JP¥1.4t||10.1x|
|Fri, 03 Apr 2020||JP¥16.2t||JP¥72.0t||JP¥1.9t||8.7x|
|Mon, 06 Jan 2020||JP¥20.6t||JP¥71.9t||JP¥2.4t||10.2x|
|Thu, 10 Oct 2019||JP¥18.9t||JP¥73.2t||JP¥2.5t||9.3x|
|Wed, 03 Jul 2019||JP¥18.9t||JP¥73.6t||JP¥2.5t||8.6x|
|Sat, 06 Apr 2019||JP¥19.4t||JP¥73.5t||JP¥2.6t||8.9x|
|Tue, 08 Jan 2019||JP¥19.0t||JP¥67.2t||JP¥2.5t||8.4x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.0x. However, future earnings are expected to decline by 2.5% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Trade Distributors industry have grown 3.9% per year over the last three years, and revenues for these companies have grown 4.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Japanese Trade Distributors industry?
|Trade Companies and Distributors||-0.89%|
Industry PE: Investors are most optimistic about the Trade Companies and Distributors industry even though it's trading below its 3-year average PE ratio of 10.0x. However analysts are expecting annual earnings decline of 2.5%, which is lower than the prior year's growth of 27% per year. So the market might believe that analysts are underestimating future growth or they expect the Trade Companies and Distributors industry's earnings to deteriorate the least compared to other industries.
Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Trade Companies and Distributors industry since they expect its earnings to decline by only 2.5% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 27% per year.
Which companies have driven the market over the last 7 days?