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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJul 16, 2026
DataAggregated Company Financials
Companies3887
  • 7D1.8%
  • 3M7.6%
  • 1Y44.6%
  • YTD18.2%

The Communication Services sector gained 5.1% while the market remained flat over the last week. As for the longer term, the market has risen 43% in the past 12 months. Earnings are forecast to grow by 10% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Jul 2026JP¥1373.7tJP¥1051.9tJP¥69.3t14.2x19.8x1.3x
Sat, 13 Jun 2026JP¥1317.1tJP¥1054.8tJP¥71.2t13.5x18.5x1.2x
Mon, 11 May 2026JP¥1297.7tJP¥1044.2tJP¥66.5t14.5x19.5x1.2x
Wed, 08 Apr 2026JP¥1230.2tJP¥1038.5tJP¥65.6t14.6x18.8x1.2x
Fri, 06 Mar 2026JP¥1253.9tJP¥1040.2tJP¥65.7t14.9x19.1x1.2x
Sun, 01 Feb 2026JP¥1211.1tJP¥1030.1tJP¥65.3t14.7x18.6x1.2x
Tue, 30 Dec 2025JP¥1162.2tJP¥1029.2tJP¥64.3t14.5x18.1x1.1x
Thu, 27 Nov 2025JP¥1138.1tJP¥1030.9tJP¥64.5t14.1x17.7x1.1x
Sat, 25 Oct 2025JP¥1117.8tJP¥1025.7tJP¥59.8t14.6x18.7x1.1x
Mon, 22 Sep 2025JP¥1084.6tJP¥1026.6tJP¥59.8t14.8x18.1x1.1x
Wed, 20 Aug 2025JP¥1075.2tJP¥1027.0tJP¥60.1t14.4x17.9x1x
Fri, 18 Jul 2025JP¥979.3tJP¥1021.1tJP¥62.0t13.5x15.8x1x
Sun, 15 Jun 2025JP¥959.2tJP¥1034.9tJP¥63.7t13.1x15.1x0.9x
Tue, 13 May 2025JP¥957.3tJP¥1026.7tJP¥64.3t13.2x14.9x0.9x
Thu, 10 Apr 2025JP¥824.4tJP¥1021.0tJP¥64.1t11.7x12.9x0.8x
Sat, 08 Mar 2025JP¥942.1tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Mon, 03 Feb 2025JP¥969.5tJP¥1011.9tJP¥63.0t13.5x15.4x1x
Wed, 01 Jan 2025JP¥971.4tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Fri, 29 Nov 2024JP¥938.4tJP¥1008.2tJP¥61.7t13.4x15.2x0.9x
Sun, 27 Oct 2024JP¥919.6tJP¥1001.7tJP¥60.1t13x15.3x0.9x
Tue, 24 Sep 2024JP¥932.2tJP¥1000.0tJP¥60.1t13.4x15.5x0.9x
Thu, 22 Aug 2024JP¥938.6tJP¥999.4tJP¥59.9t13.3x15.7x0.9x
Sat, 20 Jul 2024JP¥1001.3tJP¥987.5tJP¥58.6t14.5x17.1x1x
Mon, 17 Jun 2024JP¥966.9tJP¥989.0tJP¥58.6t14.2x16.5x1x
Wed, 15 May 2024JP¥964.6tJP¥980.4tJP¥57.5t14.4x16.8x1x
Fri, 12 Apr 2024JP¥976.0tJP¥976.5tJP¥56.9t14.8x17.2x1x
Sun, 10 Mar 2024JP¥972.0tJP¥975.9tJP¥56.9t14.6x17.1x1x
Tue, 06 Feb 2024JP¥915.4tJP¥968.5tJP¥53.4t14.7x17.2x0.9x
Thu, 04 Jan 2024JP¥854.9tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Sat, 02 Dec 2023JP¥863.4tJP¥977.6tJP¥53.1t14.1x16.3x0.9x
Mon, 30 Oct 2023JP¥821.6tJP¥971.7tJP¥55.4t13.7x14.8x0.8x
Wed, 27 Sep 2023JP¥862.4tJP¥971.5tJP¥55.3t14.5x15.6x0.9x
Fri, 25 Aug 2023JP¥834.5tJP¥971.1tJP¥55.2t14x15.1x0.9x
Sun, 23 Jul 2023JP¥826.3tJP¥957.8tJP¥50.6t14x16.3x0.9x
Price to Earnings Ratio

16.3x


Total Market Cap: JP¥826.3tTotal Earnings: JP¥50.6tTotal Revenue: JP¥957.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.7x202420252026
Current Market PE
  • Investors are optimistic on the Japanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 19.6x which is higher than its 3-year average PE of 16.7x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 3.2% 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 Market1.83%
Materials4.32%
Tech4.12%
Telecom3.64%
Financials3.43%
Energy2.39%
Industrials1.36%
Real Estate0.66%
Utilities-0.25%
Healthcare-0.97%
Consumer Discretionary-0.97%
Consumer Staples-2.20%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 26.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.4%, which is higher than its past year's earnings growth of 14.9% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 12% 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
9984 SoftBank GroupJP¥6.36k10.4%
+JP¥3.4t
143.4%PE7.3xTelecom
8035 Tokyo ElectronJP¥74.24k10.2%
+JP¥3.1t
166.2%PE58.8xTech
8306 Mitsubishi UFJ Financial GroupJP¥3.70k7.7%
+JP¥3.0t
87.7%PB2.1xFinancials
6857 AdvantestJP¥31.51k14.4%
+JP¥2.9t
167.1%PE60.8xTech
4063 Shin-Etsu ChemicalJP¥7.69k11.1%
+JP¥1.4t
66.7%PE30.1xMaterials
See more

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