Kobe Steel (TSE:5406) Has Affirmed Its Dividend Of ¥45.00
Dec 18
Have your own idea? Try our Stock Screener
Japanese (NIKKEI) Steel Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies42
- 7D-2.5%
- 3M-8.2%
- 1Y-8.3%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 2.6%, driven by Nippon Steel declining 2.9%. Overall the industry is down 7.4% in 12 months. Earnings are forecast to grow by 7.7% annually.
Industry Valuation and Performance
Has the Japanese Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | JP¥7.2t | JP¥22.2t | JP¥970.8b | 8.5x | 7.4x | 0.3x |
| Mon, 18 Nov 2024 | JP¥7.5t | JP¥22.2t | JP¥970.5b | 8.6x | 7.7x | 0.3x |
| Wed, 16 Oct 2024 | JP¥7.5t | JP¥22.3t | JP¥1.1t | 9.1x | 6.8x | 0.3x |
| Fri, 13 Sep 2024 | JP¥7.2t | JP¥22.3t | JP¥1.1t | 9.2x | 6.6x | 0.3x |
| Sun, 11 Aug 2024 | JP¥7.2t | JP¥22.3t | JP¥1.1t | 8.9x | 6.6x | 0.3x |
| Tue, 09 Jul 2024 | JP¥8.1t | JP¥22.4t | JP¥1.2t | 10x | 7x | 0.4x |
| Thu, 06 Jun 2024 | JP¥8.1t | JP¥22.4t | JP¥1.2t | 8.7x | 6.8x | 0.4x |
| Sat, 04 May 2024 | JP¥8.2t | JP¥22.3t | JP¥1.2t | 8.5x | 6.6x | 0.4x |
| Mon, 01 Apr 2024 | JP¥8.7t | JP¥22.3t | JP¥1.2t | 8.7x | 6.9x | 0.4x |
| Wed, 28 Feb 2024 | JP¥8.7t | JP¥22.3t | JP¥1.2t | 8.5x | 6.9x | 0.4x |
| Fri, 26 Jan 2024 | JP¥9.0t | JP¥23.4t | JP¥1.2t | 7.8x | 7.3x | 0.4x |
| Sun, 24 Dec 2023 | JP¥8.4t | JP¥23.4t | JP¥1.3t | 7.4x | 6.7x | 0.4x |
| Tue, 21 Nov 2023 | JP¥8.6t | JP¥23.4t | JP¥1.3t | 7.3x | 6.9x | 0.4x |
| Thu, 19 Oct 2023 | JP¥8.3t | JP¥23.1t | JP¥1.2t | 7.3x | 6.8x | 0.4x |
| Sat, 16 Sep 2023 | JP¥9.0t | JP¥23.1t | JP¥1.2t | 7.6x | 7.3x | 0.4x |
| Mon, 14 Aug 2023 | JP¥8.4t | JP¥23.1t | JP¥1.2t | 6.9x | 6.9x | 0.4x |
| Wed, 12 Jul 2023 | JP¥7.5t | JP¥22.7t | JP¥1.3t | 6.9x | 5.8x | 0.3x |
| Fri, 09 Jun 2023 | JP¥7.2t | JP¥22.7t | JP¥1.3t | 6.6x | 5.6x | 0.3x |
| Sun, 07 May 2023 | JP¥7.0t | JP¥22.3t | JP¥1.3t | 6.5x | 5.5x | 0.3x |
| Tue, 04 Apr 2023 | JP¥7.2t | JP¥22.3t | JP¥1.3t | 7x | 5.8x | 0.3x |
| Thu, 02 Mar 2023 | JP¥7.3t | JP¥22.3t | JP¥1.3t | 7.2x | 5.8x | 0.3x |
| Sat, 28 Jan 2023 | JP¥6.7t | JP¥21.6t | JP¥1.4t | 6.2x | 4.9x | 0.3x |
| Mon, 26 Dec 2022 | JP¥5.8t | JP¥21.5t | JP¥1.4t | 5.8x | 4.3x | 0.3x |
| Wed, 23 Nov 2022 | JP¥6.0t | JP¥21.5t | JP¥1.4t | 5.6x | 4.4x | 0.3x |
| Fri, 21 Oct 2022 | JP¥5.6t | JP¥20.6t | JP¥1.4t | 5.7x | 4.1x | 0.3x |
| Sun, 18 Sep 2022 | JP¥5.7t | JP¥20.6t | JP¥1.4t | 5.7x | 4.2x | 0.3x |
| Tue, 16 Aug 2022 | JP¥5.6t | JP¥20.6t | JP¥1.4t | 5.9x | 4.1x | 0.3x |
| Thu, 14 Jul 2022 | JP¥5.4t | JP¥19.4t | JP¥1.2t | 6.5x | 4.3x | 0.3x |
| Sat, 11 Jun 2022 | JP¥5.8t | JP¥19.4t | JP¥1.2t | 6.7x | 4.7x | 0.3x |
| Mon, 09 May 2022 | JP¥5.6t | JP¥18.7t | JP¥1.2t | 7.6x | 4.6x | 0.3x |
| Wed, 06 Apr 2022 | JP¥5.6t | JP¥18.2t | JP¥1.1t | 8x | 4.8x | 0.3x |
| Fri, 04 Mar 2022 | JP¥5.8t | JP¥18.1t | JP¥1.1t | 8.2x | 5.1x | 0.3x |
| Sun, 30 Jan 2022 | JP¥5.1t | JP¥16.9t | JP¥912.6b | 9x | 5.6x | 0.3x |
| Tue, 28 Dec 2021 | JP¥5.2t | JP¥16.8t | JP¥904.7b | 8.8x | 5.8x | 0.3x |
Price to Earnings Ratio
5.8x
Current Industry PE
- Investors are optimistic on the Japanese Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.4x which is higher than its 3-year average PE of 5.9x.
- The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 2.4% per year over the last three years.
- Revenues for these companies have grown 9.7% 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 Steel compare with similar industries?
| JP Market | -1.46% | |
| Materials | -2.18% | |
| Metals and Mining | -2.86% | |
| Steel | -2.48% | |
| Copper | 0.79% | |
| Silver | 0% | |
| Precious Metals and Minerals | -1.82% | |
| Aluminum | -3.15% | |
| Gold | -3.23% | |
| Diversified Metals and Mining | -4.18% | |
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 | |
|---|---|---|---|---|---|
| 5461 Chubu Steel Plate | JP¥2.32k | 3.9% +JP¥2.4b | 10.3% | PE9.5x | |
| 7305 Araya Industrial | JP¥5.02k | 4.7% +JP¥1.3b | 78.1% | PE20x | |
| 5602 KurimotoLtd | JP¥4.08k | 1.4% +JP¥667.0m | 33.8% | PE9.7x | |
| 5981 Tokyo Rope Mfg | JP¥1.27k | 3.0% +JP¥584.4m | -3.0% | PE8.8x | |
| 5445 Tokyo Tekko | JP¥6.44k | 0.9% +JP¥526.3m | 63.7% | PE5.9x |
