Japanese (NIKKEI) Electric Utilities Industry Analysis

UpdatedMar 25, 2026

DataAggregated Company Financials

Companies11

7D-0.2%
3M2.5%
1Y31.1%
YTD-0.2%

Over the last 7 days, the Electric Utilities industry has remained flat, although notably Tokyo Electric Power Company Holdings declined by 11%. As for the the longer term, the industry is up 31% over the past 12 months. Earnings are forecast to grow by 2.3% annually.

Industry Valuation and Performance

Has the Japanese Electric Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 26 Mar 2026	JP¥8.3t	JP¥23.1t	JP¥529.3b	5x	15.8x	0.4x
Sat, 21 Feb 2026	JP¥8.9t	JP¥23.1t	JP¥529.1b	5.3x	16.9x	0.4x
Mon, 19 Jan 2026	JP¥8.2t	JP¥23.6t	JP¥562.5b	4.5x	14.6x	0.3x
Wed, 17 Dec 2025	JP¥8.0t	JP¥23.6t	JP¥562.5b	4.2x	14.2x	0.3x
Fri, 14 Nov 2025	JP¥8.5t	JP¥23.6t	JP¥562.3b	4.2x	15.2x	0.4x
Sun, 12 Oct 2025	JP¥7.6t	JP¥24.0t	JP¥405.8b	5x	18.6x	0.3x
Tue, 09 Sep 2025	JP¥7.6t	JP¥24.0t	JP¥405.8b	5.2x	18.7x	0.3x
Thu, 07 Aug 2025	JP¥6.8t	JP¥24.0t	JP¥405.8b	4.6x	16.7x	0.3x
Sat, 05 Jul 2025	JP¥6.3t	JP¥24.2t	JP¥1.4t	4.7x	4.5x	0.3x
Mon, 02 Jun 2025	JP¥5.7t	JP¥24.2t	JP¥1.4t	3.9x	4.1x	0.2x
Wed, 30 Apr 2025	JP¥6.0t	JP¥24.0t	JP¥1.3t	4.3x	4.5x	0.3x
Fri, 28 Mar 2025	JP¥6.3t	JP¥23.9t	JP¥1.3t	4.6x	4.7x	0.3x
Sun, 23 Feb 2025	JP¥5.7t	JP¥23.9t	JP¥1.3t	4.2x	4.3x	0.2x
Tue, 21 Jan 2025	JP¥5.9t	JP¥23.7t	JP¥1.1t	5.1x	5.1x	0.2x
Thu, 19 Dec 2024	JP¥5.7t	JP¥23.7t	JP¥1.1t	5.1x	5x	0.2x
Sat, 16 Nov 2024	JP¥6.4t	JP¥23.7t	JP¥1.1t	5.9x	5.6x	0.3x
Mon, 14 Oct 2024	JP¥7.2t	JP¥23.7t	JP¥1.5t	4.2x	4.8x	0.3x
Wed, 11 Sep 2024	JP¥7.1t	JP¥23.7t	JP¥1.5t	4.4x	4.7x	0.3x
Fri, 09 Aug 2024	JP¥7.0t	JP¥23.7t	JP¥1.5t	4.5x	4.6x	0.3x
Sun, 07 Jul 2024	JP¥7.7t	JP¥24.0t	JP¥1.8t	4.5x	4.2x	0.3x
Tue, 04 Jun 2024	JP¥8.6t	JP¥24.0t	JP¥1.8t	5x	4.7x	0.4x
Thu, 02 May 2024	JP¥7.7t	JP¥24.0t	JP¥1.8t	4.5x	4.2x	0.3x
Sat, 30 Mar 2024	JP¥7.3t	JP¥25.2t	JP¥2.6t	3.4x	2.8x	0.3x
Mon, 26 Feb 2024	JP¥6.4t	JP¥25.2t	JP¥2.6t	3x	2.5x	0.3x
Wed, 24 Jan 2024	JP¥6.4t	JP¥26.1t	JP¥1.6t	4.2x	4x	0.2x
Fri, 22 Dec 2023	JP¥5.9t	JP¥26.1t	JP¥1.6t	3.9x	3.8x	0.2x
Sun, 19 Nov 2023	JP¥6.1t	JP¥26.1t	JP¥1.6t	4.1x	3.9x	0.2x
Tue, 17 Oct 2023	JP¥6.0t	JP¥26.2t	JP¥381.0b	11.2x	15.8x	0.2x
Thu, 14 Sep 2023	JP¥6.6t	JP¥26.2t	JP¥381.5b	11.5x	17.2x	0.2x
Sat, 12 Aug 2023	JP¥5.8t	JP¥26.2t	JP¥383.0b	10.2x	15.2x	0.2x
Mon, 10 Jul 2023	JP¥5.5t	JP¥25.4t	-JP¥585,708,000,000.00	59.3x	-9.4x	0.2x
Wed, 07 Jun 2023	JP¥5.3t	JP¥25.4t	-JP¥585,969,000,000.00	83.2x	-9x	0.2x
Fri, 05 May 2023	JP¥4.8t	JP¥25.4t	-JP¥586,091,000,000.00	74x	-8.1x	0.2x
Sun, 02 Apr 2023	JP¥4.4t	JP¥23.8t	-JP¥1,612,346,000,000.00	365.5x	-2.7x	0.2x

Price to Earnings Ratio

-2.7x

Sun, 02 Apr 2023

Current Industry PE

Investors are optimistic on the Japanese Electric Utilities industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 15.8x which is higher than its 3-year average PE of 6.1x.

The industry is trading close to its 3-year average PS ratio of 0.27x.

Past Earnings Growth

Total earnings for the Electric Utilities industry have gone up over the last three years, and the industry is now profitable.
Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.