Japanese (NIKKEI) Industrial Gases Industry Analysis

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
Tue, 23 Apr 2024	JP¥2.4t	JP¥2.4t	JP¥145.0b	10.8x	16.9x	1x
Thu, 21 Mar 2024	JP¥2.7t	JP¥2.4t	JP¥145.0b	11.5x	18.3x	1.1x
Sat, 17 Feb 2024	JP¥2.4t	JP¥2.4t	JP¥145.0b	10.8x	16.3x	1x
Mon, 15 Jan 2024	JP¥2.2t	JP¥2.4t	JP¥133.3b	11.8x	16.3x	0.9x
Wed, 13 Dec 2023	JP¥2.1t	JP¥2.4t	JP¥133.3b	12.7x	15.7x	0.9x
Fri, 10 Nov 2023	JP¥2.2t	JP¥2.4t	JP¥131.2b	10.9x	16.9x	0.9x
Sun, 08 Oct 2023	JP¥2.0t	JP¥2.4t	JP¥125.1b	10.7x	15.9x	0.8x
Tue, 05 Sep 2023	JP¥2.0t	JP¥2.4t	JP¥125.1b	10.8x	16.2x	0.9x
Thu, 03 Aug 2023	JP¥2.0t	JP¥2.4t	JP¥125.8b	11.3x	15.8x	0.8x
Sat, 01 Jul 2023	JP¥1.9t	JP¥2.3t	JP¥118.6b	11.2x	15.6x	0.8x
Mon, 29 May 2023	JP¥1.8t	JP¥2.3t	JP¥118.6b	10.5x	14.8x	0.8x
Wed, 26 Apr 2023	JP¥1.5t	JP¥2.2t	JP¥109.2b	10.2x	13.5x	0.7x
Fri, 24 Mar 2023	JP¥1.5t	JP¥2.2t	JP¥109.2b	10x	13.3x	0.6x
Sun, 19 Feb 2023	JP¥1.4t	JP¥2.2t	JP¥109.2b	9.7x	13.1x	0.6x
Tue, 17 Jan 2023	JP¥1.2t	JP¥2.1t	JP¥109.1b	8.8x	11.4x	0.6x
Thu, 15 Dec 2022	JP¥1.4t	JP¥2.1t	JP¥109.1b	9.2x	12.4x	0.6x
Sat, 12 Nov 2022	JP¥1.4t	JP¥2.1t	JP¥109.2b	9.3x	12.6x	0.6x
Mon, 10 Oct 2022	JP¥1.5t	JP¥2.0t	JP¥111.3b	9.8x	13.3x	0.7x
Wed, 07 Sep 2022	JP¥1.5t	JP¥2.0t	JP¥111.3b	9.7x	13.5x	0.7x
Fri, 05 Aug 2022	JP¥1.5t	JP¥2.0t	JP¥113.8b	9.6x	13.1x	0.7x
Sun, 03 Jul 2022	JP¥1.3t	JP¥2.0t	JP¥112.5b	9.4x	11.9x	0.7x
Tue, 31 May 2022	JP¥1.5t	JP¥2.0t	JP¥112.5b	9.6x	13.4x	0.8x
Thu, 28 Apr 2022	JP¥1.4t	JP¥1.9t	JP¥111.4b	10.5x	12.3x	0.7x
Sat, 26 Mar 2022	JP¥1.5t	JP¥1.9t	JP¥111.3b	10.8x	13.2x	0.8x
Mon, 21 Feb 2022	JP¥1.4t	JP¥1.9t	JP¥111.3b	10.7x	12.7x	0.7x
Wed, 19 Jan 2022	JP¥1.5t	JP¥1.8t	JP¥110.9b	11.5x	13.7x	0.8x
Fri, 17 Dec 2021	JP¥1.6t	JP¥1.8t	JP¥110.9b	11.5x	14.3x	0.9x
Sun, 14 Nov 2021	JP¥1.6t	JP¥1.8t	JP¥110.4b	11.4x	14.7x	0.9x
Tue, 12 Oct 2021	JP¥1.6t	JP¥1.8t	JP¥102.0b	11.8x	15.9x	0.9x
Thu, 09 Sep 2021	JP¥1.8t	JP¥1.8t	JP¥102.0b	13x	17.3x	1x
Sat, 07 Aug 2021	JP¥1.5t	JP¥1.8t	JP¥102.0b	12x	14.9x	0.8x
Fri, 30 Apr 2021	JP¥1.3t	JP¥1.7t	JP¥86.8b	13.3x	15.4x	0.8x

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 16.9x which is higher than its 3-year average PE of 14.5x.

The 3-year average PS ratio of 0.79x is lower than the industry's current PS ratio of 1.0x.

Past Earnings Growth

The earnings for companies in the Industrial Gases industry have grown 19% per year over the last three years.
Revenues for these companies have grown 11% 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 Industrial Gases compare with similar industries?


JP Market	-4.73%
Materials	-4.26%
Chemicals	-4.33%
Industrial Gases	-3.74%
Diversified Chemicals	-2.61%
Commodity Chemicals	-3.12%
Fertilizers and Agricultural Chemicals	-3.16%
Specialty Chemicals	-5.27%