Narrative Update • Aug 05
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- 7D2.2%
- 3M2.2%
- 1Y6.3%
- YTDn/a
All of the companies in the Industrial Gases industry have been up over the last week, with the industry up 2.2%. This means that the industry has gained 6.3% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Japanese Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 02 Sep 2026 | JP¥3.2t | JP¥2.6t | JP¥81.7b | 13.4x | 38.8x | 1.2x |
| Fri, 31 Jul 2026 | JP¥3.2t | JP¥2.6t | JP¥152.9b | 15.5x | 20.8x | 1.2x |
| Sun, 28 Jun 2026 | JP¥3.3t | JP¥2.6t | JP¥137.6b | 16.9x | 23.9x | 1.3x |
| Tue, 26 May 2026 | JP¥3.4t | JP¥2.6t | JP¥137.6b | 17.3x | 24.5x | 1.3x |
| Thu, 23 Apr 2026 | JP¥3.0t | JP¥2.6t | JP¥127.7b | 17.9x | 23.9x | 1.2x |
| Sat, 21 Mar 2026 | JP¥3.1t | JP¥2.6t | JP¥127.7b | 18.6x | 24.7x | 1.2x |
| Mon, 16 Feb 2026 | JP¥3.0t | JP¥2.6t | JP¥127.7b | 17.8x | 23.4x | 1.2x |
| Wed, 14 Jan 2026 | JP¥2.8t | JP¥2.5t | JP¥163.4b | 12.2x | 16.8x | 1.1x |
| Fri, 12 Dec 2025 | JP¥2.6t | JP¥2.5t | JP¥163.4b | 11.6x | 15.9x | 1x |
| Sun, 09 Nov 2025 | JP¥2.7t | JP¥2.5t | JP¥163.3b | 11.4x | 16.7x | 1.1x |
| Tue, 07 Oct 2025 | JP¥2.9t | JP¥2.5t | JP¥154.3b | 12x | 18.8x | 1.2x |
| Thu, 04 Sep 2025 | JP¥3.0t | JP¥2.5t | JP¥154.3b | 12.5x | 19.7x | 1.2x |
| Sat, 02 Aug 2025 | JP¥3.0t | JP¥2.5t | JP¥153.2b | 11.6x | 19.3x | 1.2x |
| Mon, 30 Jun 2025 | JP¥2.9t | JP¥2.5t | JP¥153.9b | 11.1x | 18.9x | 1.2x |
| Wed, 28 May 2025 | JP¥2.7t | JP¥2.5t | JP¥154.2b | 9.3x | 17.6x | 1.1x |
| Fri, 25 Apr 2025 | JP¥2.5t | JP¥2.5t | JP¥164.7b | 9.5x | 15.1x | 1x |
| Sun, 23 Mar 2025 | JP¥2.6t | JP¥2.5t | JP¥164.4b | 10.4x | 15.7x | 1x |
| Tue, 18 Feb 2025 | JP¥2.4t | JP¥2.5t | JP¥164.4b | 9.8x | 14.4x | 1x |
| Thu, 16 Jan 2025 | JP¥2.3t | JP¥2.5t | JP¥159.6b | 9.6x | 14.4x | 0.9x |
| Sat, 14 Dec 2024 | JP¥2.4t | JP¥2.5t | JP¥159.6b | 9.6x | 15.1x | 1x |
| Mon, 11 Nov 2024 | JP¥2.6t | JP¥2.5t | JP¥159.9b | 10.2x | 16.1x | 1x |
| Wed, 09 Oct 2024 | JP¥2.8t | JP¥2.4t | JP¥163.2b | 10.1x | 17.4x | 1.2x |
| Fri, 06 Sep 2024 | JP¥2.8t | JP¥2.4t | JP¥163.2b | 10.1x | 16.9x | 1.1x |
| Sun, 04 Aug 2024 | JP¥2.4t | JP¥2.4t | JP¥160.7b | 10.5x | 15x | 1x |
| Tue, 02 Jul 2024 | JP¥2.6t | JP¥2.4t | JP¥156.2b | 11.5x | 16.8x | 1.1x |
| Thu, 30 May 2024 | JP¥2.5t | JP¥2.4t | JP¥156.2b | 11.2x | 16.1x | 1x |
| Sat, 27 Apr 2024 | JP¥2.6t | JP¥2.4t | JP¥145.0b | 11.1x | 17.7x | 1.1x |
| Mon, 25 Mar 2024 | JP¥2.7t | JP¥2.4t | JP¥145.0b | 11.6x | 18.8x | 1.1x |
| Wed, 21 Feb 2024 | JP¥2.4t | JP¥2.4t | JP¥145.0b | 10.9x | 16.3x | 1x |
| Fri, 19 Jan 2024 | JP¥2.1t | JP¥2.4t | JP¥133.3b | 11.8x | 15.6x | 0.9x |
| Sun, 17 Dec 2023 | JP¥2.1t | JP¥2.4t | JP¥133.3b | 12.4x | 15.9x | 0.9x |
| Tue, 14 Nov 2023 | JP¥2.2t | JP¥2.4t | JP¥133.2b | 10.9x | 16.6x | 0.9x |
| Thu, 12 Oct 2023 | JP¥2.0t | JP¥2.4t | JP¥125.1b | 10.9x | 16.4x | 0.9x |
| Sat, 09 Sep 2023 | JP¥2.0t | JP¥2.4t | JP¥125.1b | 10.9x | 16.2x | 0.9x |
Price to Earnings Ratio
16.2x
Current Industry PE
- Investors are optimistic on the Japanese Industrial Gases industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 38.8x which is higher than its 3-year average PE of 18.4x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have declined 13% per year over the last three years.
- Meanwhile revenues for these companies have grown 3.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Japanese Industrial Gases compare with similar industries?
| JP Market | 1.96% | |
| Materials | 2.13% | |
| Chemicals | 2.09% | |
| Industrial Gases | 2.23% | |
| Commodity Chemicals | 4.01% | |
| Diversified Chemicals | 3.17% | |
| Fertilizers and Agricultural Chemicals | 3.07% | |
| Specialty Chemicals | 0.70% | |
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 | |
|---|---|---|---|---|---|
| 4088 Air Water | JP¥2.69k | 8.4% +JP¥47.9b | 2.3% | PS0.6x | |
| 4093 Toho Acetylene | JP¥428.00 | 1.2% +JP¥174.0m | 21.6% | PE11.6x |