Has the Japanese IT Industry valuation changed over the past few years?
|Tue, 25 Jan 2022||JP¥23.1t||JP¥17.0t||JP¥1.0t||18.6x|
|Thu, 23 Dec 2021||JP¥25.3t||JP¥16.9t||JP¥1.0t||19.8x|
|Sat, 20 Nov 2021||JP¥26.3t||JP¥16.9t||JP¥1.0t||21x|
|Mon, 18 Oct 2021||JP¥25.7t||JP¥16.7t||JP¥986.2b||22.1x|
|Wed, 15 Sep 2021||JP¥26.6t||JP¥16.7t||JP¥982.7b||24.3x|
|Fri, 13 Aug 2021||JP¥22.9t||JP¥16.7t||JP¥982.6b||22.5x|
|Tue, 08 Jun 2021||JP¥22.5t||JP¥16.5t||JP¥929.6b||25.3x|
|Mon, 01 Mar 2021||JP¥21.4t||JP¥16.2t||JP¥838.9b||26.8x|
|Thu, 03 Dec 2020||JP¥21.9t||JP¥16.2t||JP¥760.1b||28.8x|
|Sun, 06 Sep 2020||JP¥19.8t||JP¥16.4t||JP¥806.8b||24.9x|
|Wed, 10 Jun 2020||JP¥18.1t||JP¥16.5t||JP¥802.4b||22.1x|
|Tue, 03 Mar 2020||JP¥15.5t||JP¥16.3t||JP¥781.0b||18.1x|
|Fri, 06 Dec 2019||JP¥16.4t||JP¥16.2t||JP¥648.5b||21.6x|
|Mon, 09 Sep 2019||JP¥14.8t||JP¥15.8t||JP¥551.4b||20.6x|
|Sun, 02 Jun 2019||JP¥14.3t||JP¥15.6t||JP¥590.6b||21.4x|
|Wed, 06 Mar 2019||JP¥13.3t||JP¥15.5t||JP¥626.7b||21.7x|
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 23.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the IT industry have grown 18% per year over the last three years, and revenues for these companies have grown 3.1% 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 IT industry?
|Data Processing Services||-4.94%|
|Internet Services and Infrastructure||-6.55%|
Industry PE: Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 52.1x. This is likely because analysts are expecting annual earnings growth of 22%, which is higher than its past year's earnings growth of 17% per year. Meanwhile, investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 18.1x.
Forecasted Growth: Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 22% over the next 5 years. This is better than it's past earnings growth rate of 17% per year. Meanwhile, the IT Consulting industry is expected to see its earnings grow by 10.0% per year over the next few years.
Which companies have driven the market over the last 7 days?
|4373 Simplex Holdings||JP¥2.43k||3.9%|
|4812 Information Services International-Dentsu||JP¥3.53k||4.4%|
|1973 NEC Networks & System Integration||JP¥1.81k||2.6%|
|6183 BELLSYSTEM24 Holdings||JP¥1.44k||5.8%|
NEC Networks & System Integration
GMO Payment Gateway
Nomura Research Institute