Japanese (NIKKEI) Gas Utilities Industry Analysis

UpdatedMar 09, 2026

DataAggregated Company Financials

Companies12

7D1.1%
3M25.5%
1Y71.9%
YTD21.5%

Over the last 7 days, the Gas Utilities industry has risen 1.1%, driven by gains from Osaka Gas of 2.0%. This takes the industry's 12 month performance to a gain of 72%. As for the next few years, earnings are forecast to decline by 7.4% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 09 Mar 2026	JP¥6.5t	JP¥6.8t	JP¥482.5b	12.8x	13.6x	1x
Wed, 04 Feb 2026	JP¥6.1t	JP¥6.8t	JP¥481.7b	11.8x	12.6x	0.9x
Fri, 02 Jan 2026	JP¥5.4t	JP¥6.7t	JP¥454.6b	11.7x	11.9x	0.8x
Sun, 30 Nov 2025	JP¥5.5t	JP¥6.7t	JP¥455.9b	11.7x	12.1x	0.8x
Tue, 28 Oct 2025	JP¥4.6t	JP¥6.7t	JP¥393.1b	11.6x	11.8x	0.7x
Thu, 25 Sep 2025	JP¥4.6t	JP¥6.7t	JP¥393.1b	11.2x	11.8x	0.7x
Sat, 23 Aug 2025	JP¥4.9t	JP¥6.7t	JP¥392.5b	12x	12.5x	0.7x
Mon, 21 Jul 2025	JP¥4.3t	JP¥6.6t	JP¥287.0b	10.8x	14.8x	0.6x
Wed, 18 Jun 2025	JP¥4.2t	JP¥6.6t	JP¥287.0b	10.8x	14.6x	0.6x
Fri, 16 May 2025	JP¥4.2t	JP¥6.6t	JP¥284.5b	10.8x	14.8x	0.6x
Sun, 13 Apr 2025	JP¥4.1t	JP¥6.5t	JP¥256.6b	13.6x	16.1x	0.6x
Tue, 11 Mar 2025	JP¥4.0t	JP¥6.5t	JP¥256.6b	13.8x	15.7x	0.6x
Thu, 06 Feb 2025	JP¥3.9t	JP¥6.5t	JP¥253.8b	12.8x	15.3x	0.6x
Sat, 04 Jan 2025	JP¥4.1t	JP¥6.5t	JP¥237.4b	15x	17.4x	0.6x
Mon, 02 Dec 2024	JP¥4.1t	JP¥6.5t	JP¥237.5b	14.1x	17.1x	0.6x
Wed, 30 Oct 2024	JP¥3.5t	JP¥6.5t	JP¥280.6b	12.2x	12.6x	0.5x
Fri, 27 Sep 2024	JP¥3.8t	JP¥6.5t	JP¥280.6b	12.9x	13.4x	0.6x
Sun, 25 Aug 2024	JP¥4.0t	JP¥6.5t	JP¥281.9b	12.9x	14x	0.6x
Tue, 23 Jul 2024	JP¥3.8t	JP¥6.6t	JP¥372.8b	11.4x	10.3x	0.6x
Thu, 20 Jun 2024	JP¥3.9t	JP¥6.6t	JP¥372.8b	11.3x	10.4x	0.6x
Sat, 18 May 2024	JP¥3.9t	JP¥6.6t	JP¥374.7b	11.3x	10.3x	0.6x
Mon, 15 Apr 2024	JP¥4.0t	JP¥7.0t	JP¥516.6b	9.2x	7.7x	0.6x
Wed, 13 Mar 2024	JP¥3.6t	JP¥7.0t	JP¥516.4b	8.8x	7x	0.5x
Fri, 09 Feb 2024	JP¥3.5t	JP¥7.1t	JP¥518.6b	8.4x	6.7x	0.5x
Sun, 07 Jan 2024	JP¥3.6t	JP¥7.5t	JP¥604.5b	8.1x	5.9x	0.5x
Tue, 05 Dec 2023	JP¥3.4t	JP¥7.5t	JP¥604.5b	7.6x	5.7x	0.5x
Thu, 02 Nov 2023	JP¥3.6t	JP¥7.5t	JP¥590.5b	7.7x	6x	0.5x
Sat, 30 Sep 2023	JP¥3.3t	JP¥7.7t	JP¥533.4b	8x	6.2x	0.4x
Mon, 28 Aug 2023	JP¥3.2t	JP¥7.7t	JP¥533.4b	7.6x	6x	0.4x
Wed, 26 Jul 2023	JP¥3.1t	JP¥7.6t	JP¥434.0b	8.7x	7.1x	0.4x
Fri, 23 Jun 2023	JP¥3.1t	JP¥7.6t	JP¥434.0b	8.8x	7.2x	0.4x
Sun, 21 May 2023	JP¥3.0t	JP¥7.6t	JP¥433.7b	9.6x	7x	0.4x
Tue, 18 Apr 2023	JP¥2.8t	JP¥7.1t	JP¥377.1b	11.9x	7.4x	0.4x
Thu, 16 Mar 2023	JP¥2.8t	JP¥7.1t	JP¥377.1b	11.6x	7.4x	0.4x

Price to Earnings Ratio

7.4x

Thu, 16 Mar 2023

Current Industry PE

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

The industry is trading at a PE ratio of 13.6x which is higher than its 3-year average PE of 10.9x.

The industry is trading close to its 3-year average PS ratio of 0.58x.

Past Earnings Growth

The earnings for companies in the Gas Utilities industry have grown 8.6% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.