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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedAug 13, 2026
DataAggregated Company Financials
Companies3872
  • 7D1.9%
  • 3M5.9%
  • 1Y32.7%
  • YTD18.5%

The market has climbed 1.9% in the last 7 days, lead by the Industrials sector with a gain of 3.6%. The market is up 33% over the last 12 months. Earnings are forecast to grow by 8.8% annually.

Market Valuation and Performance

Has the Japanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Aug 2026JP¥1374.8tJP¥1078.9tJP¥78.0t13.9x17.6x1.3x
Sat, 11 Jul 2026JP¥1359.9tJP¥1052.9tJP¥69.2t14.1x19.6x1.3x
Mon, 08 Jun 2026JP¥1336.5tJP¥1054.9tJP¥71.2t13.7x18.8x1.3x
Wed, 06 May 2026JP¥1261.7tJP¥1041.6tJP¥66.2t14.3x19.1x1.2x
Fri, 03 Apr 2026JP¥1215.6tJP¥1038.4tJP¥65.6t14.4x18.5x1.2x
Sun, 01 Mar 2026JP¥1332.0tJP¥1040.7tJP¥65.7t15.6x20.3x1.3x
Tue, 27 Jan 2026JP¥1203.6tJP¥1026.8tJP¥64.4t14.9x18.7x1.2x
Thu, 25 Dec 2025JP¥1155.5tJP¥1029.1tJP¥64.3t14.4x18x1.1x
Sat, 22 Nov 2025JP¥1121.2tJP¥1031.5tJP¥64.5t13.9x17.4x1.1x
Mon, 20 Oct 2025JP¥1083.6tJP¥1025.7tJP¥59.8t14.3x18.1x1.1x
Wed, 17 Sep 2025JP¥1091.6tJP¥1026.5tJP¥59.8t14.9x18.2x1.1x
Fri, 15 Aug 2025JP¥1049.6tJP¥1022.7tJP¥58.6t14.3x17.9x1x
Sun, 13 Jul 2025JP¥973.6tJP¥1022.2tJP¥62.1t13.5x15.7x1x
Tue, 10 Jun 2025JP¥968.8tJP¥1035.0tJP¥63.7t13.2x15.2x0.9x
Thu, 08 May 2025JP¥941.4tJP¥1024.1tJP¥64.6t13.1x14.6x0.9x
Sat, 05 Apr 2025JP¥867.8tJP¥1020.9tJP¥64.1t12.2x13.5x0.9x
Mon, 03 Mar 2025JP¥935.5tJP¥1020.2tJP¥64.4t13x14.5x0.9x
Wed, 29 Jan 2025JP¥959.6tJP¥1009.9tJP¥61.9t13.7x15.5x1x
Fri, 27 Dec 2024JP¥954.0tJP¥1011.0tJP¥61.7t13.5x15.4x0.9x
Sun, 24 Nov 2024JP¥940.8tJP¥1007.3tJP¥61.7t13.6x15.2x0.9x
Tue, 22 Oct 2024JP¥940.5tJP¥1001.0tJP¥60.1t13.4x15.7x0.9x
Thu, 19 Sep 2024JP¥906.9tJP¥987.2tJP¥59.7t13.4x15.2x0.9x
Sat, 17 Aug 2024JP¥942.3tJP¥998.0tJP¥59.9t13.3x15.7x0.9x
Mon, 15 Jul 2024JP¥1015.3tJP¥987.1tJP¥58.6t14.6x17.3x1x
Wed, 12 Jun 2024JP¥976.4tJP¥988.9tJP¥58.6t14.2x16.7x1x
Fri, 10 May 2024JP¥961.0tJP¥976.3tJP¥56.9t14.5x16.9x1x
Sun, 07 Apr 2024JP¥962.0tJP¥975.8tJP¥56.9t14.5x16.9x1x
Tue, 05 Mar 2024JP¥966.2tJP¥975.8tJP¥56.9t14.4x17x1x
Thu, 01 Feb 2024JP¥915.1tJP¥971.4tJP¥52.4t14.8x17.5x0.9x
Sat, 30 Dec 2023JP¥855.2tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Mon, 27 Nov 2023JP¥867.4tJP¥977.6tJP¥53.1t14.1x16.3x0.9x
Wed, 25 Oct 2023JP¥815.9tJP¥972.0tJP¥55.3t13.7x14.8x0.8x
Fri, 22 Sep 2023JP¥865.9tJP¥971.4tJP¥55.2t14.3x15.7x0.9x
Sun, 20 Aug 2023JP¥815.4tJP¥970.5tJP¥55.1t13.7x14.8x0.8x
Price to Earnings Ratio

14.8x


Total Market Cap: JP¥815.4tTotal Earnings: JP¥55.1tTotal Revenue: JP¥970.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.7x202420252026
Current Market PE
  • Investors are relatively neutral on the Japanese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 16.7x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 3.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Japanese Market?

JP Market1.91%
Healthcare5.90%
Energy4.89%
Consumer Staples4.82%
Industrials3.59%
Consumer Discretionary2.69%
Materials1.99%
Utilities1.73%
Financials1.07%
Telecom0.30%
Real Estate-0.0087%
Tech-1.40%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 27.0x.
    • Analysts expect its future annual earnings growth (17.2%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Energy sector is expected to see its earnings decline by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
6098 Recruit HoldingsJP¥16.83k31.0%
+JP¥5.6t
91.6%PE40.5xIndustrials
6857 AdvantestJP¥35.84k8.8%
+JP¥2.1t
219.7%PE56.4xTech
8035 Tokyo ElectronJP¥59.66k7.8%
+JP¥2.0t
180.7%PE43.7xTech
5803 FujikuraJP¥5.77k25.5%
+JP¥1.9t
190.7%PE46.3xIndustrials
285A Kioxia HoldingsJP¥52.17k7.0%
+JP¥1.9t
1,941.9%PE20.7xTech
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