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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies3946
  • 7D-2.4%
  • 3M6.1%
  • 1Y22.1%
  • YTD19.5%

Over the last 7 days, the market has dropped 2.4%, driven by a decline of 3.7% in the Industrials sector. As for the longer term, the market has actually risen by 22% in the last year. As for the next few years, earnings are expected to grow by 7.9% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025JP¥1107.7tJP¥1033.1tJP¥64.9t13.6x17.1x1.1x
Sun, 19 Oct 2025JP¥1083.6tJP¥1025.7tJP¥59.8t14.3x18.1x1.1x
Tue, 16 Sep 2025JP¥1088.4tJP¥1026.5tJP¥59.8t14.7x18.2x1.1x
Thu, 14 Aug 2025JP¥1060.1tJP¥1022.7tJP¥58.6t14.3x18.1x1x
Sat, 12 Jul 2025JP¥970.8tJP¥1022.2tJP¥62.1t13.4x15.6x0.9x
Mon, 09 Jun 2025JP¥963.7tJP¥1035.0tJP¥63.7t13.1x15.1x0.9x
Wed, 07 May 2025JP¥938.8tJP¥1024.1tJP¥64.6t12.9x14.5x0.9x
Fri, 04 Apr 2025JP¥895.9tJP¥1020.8tJP¥64.1t12.6x14x0.9x
Sun, 02 Mar 2025JP¥935.6tJP¥1020.2tJP¥64.4t13x14.5x0.9x
Tue, 28 Jan 2025JP¥959.7tJP¥1009.9tJP¥61.9t13.6x15.5x1x
Thu, 26 Dec 2024JP¥954.0tJP¥1010.9tJP¥61.8t13.5x15.4x0.9x
Sat, 23 Nov 2024JP¥940.7tJP¥1007.2tJP¥61.7t13.6x15.2x0.9x
Mon, 21 Oct 2024JP¥943.2tJP¥1001.0tJP¥60.1t13.5x15.7x0.9x
Wed, 18 Sep 2024JP¥903.7tJP¥984.7tJP¥59.6t13.4x15.2x0.9x
Fri, 16 Aug 2024JP¥916.1tJP¥997.9tJP¥60.0t13.1x15.3x0.9x
Sun, 14 Jul 2024JP¥1015.3tJP¥987.1tJP¥58.5t14.6x17.4x1x
Tue, 11 Jun 2024JP¥977.7tJP¥989.6tJP¥58.6t14.2x16.7x1x
Thu, 09 May 2024JP¥959.1tJP¥974.5tJP¥56.5t14.5x17x1x
Sat, 06 Apr 2024JP¥962.0tJP¥975.8tJP¥56.9t14.5x16.9x1x
Mon, 04 Mar 2024JP¥967.2tJP¥975.8tJP¥56.9t14.5x17x1x
Wed, 31 Jan 2024JP¥907.4tJP¥971.3tJP¥52.4t14.8x17.3x0.9x
Fri, 29 Dec 2023JP¥853.6tJP¥971.2tJP¥52.5t14.1x16.2x0.9x
Sun, 26 Nov 2023JP¥867.4tJP¥977.7tJP¥53.1t14.1x16.3x0.9x
Tue, 24 Oct 2023JP¥814.3tJP¥971.7tJP¥55.3t13.6x14.7x0.8x
Thu, 21 Sep 2023JP¥874.0tJP¥971.3tJP¥55.2t14.4x15.8x0.9x
Sat, 19 Aug 2023JP¥815.4tJP¥970.5tJP¥55.1t13.7x14.8x0.8x
Mon, 17 Jul 2023JP¥818.6tJP¥957.5tJP¥50.6t13.8x16.2x0.9x
Wed, 14 Jun 2023JP¥827.0tJP¥959.2tJP¥51.1t13.7x16.2x0.9x
Fri, 12 May 2023JP¥765.1tJP¥944.9tJP¥47.3t13.4x16.2x0.8x
Sun, 09 Apr 2023JP¥723.3tJP¥934.4tJP¥46.6t12.7x15.5x0.8x
Tue, 07 Mar 2023JP¥748.3tJP¥933.7tJP¥46.7t13x16x0.8x
Thu, 02 Feb 2023JP¥726.8tJP¥908.3tJP¥49.1t12.6x14.8x0.8x
Sat, 31 Dec 2022JP¥701.8tJP¥903.1tJP¥49.1t12.2x14.3x0.8x
Mon, 28 Nov 2022JP¥747.8tJP¥902.8tJP¥49.1t12.8x15.2x0.8x
Price to Earnings Ratio

15.2x


Total Market Cap: JP¥747.8tTotal Earnings: JP¥49.1tTotal Revenue: JP¥902.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.9x202320242025
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 15.9x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.8% per year over the last three years.
  • Revenues for these companies have grown 4.6% 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 Market-2.37%
Energy3.57%
Consumer Staples1.17%
Healthcare0.73%
Real Estate-0.45%
Utilities-0.97%
Financials-1.54%
Materials-1.95%
Tech-2.83%
Telecom-3.15%
Consumer Discretionary-3.61%
Industrials-3.67%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.7x.
    • Analysts are expecting annual earnings growth of 13.5%, which is lower than the prior year's growth of 15.3% per year.
  • The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 5.4% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 4.2% 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
8267 AeonJP¥2.86k14.9%
+JP¥1.0t
137.5%PE289xConsumer Staples
9434 SoftBankJP¥233.605.0%
+JP¥534.7b
20.6%PE20.6xTelecom
8316 Sumitomo Mitsui Financial GroupJP¥4.45k2.7%
+JP¥457.8b
21.5%PB1.1xFinancials
4519 Chugai PharmaceuticalJP¥8.37k3.1%
+JP¥419.7b
33.5%PE34.7xHealthcare
4568 Daiichi Sankyo CompanyJP¥3.70k5.6%
+JP¥361.0b
-16.6%PE24.5xHealthcare
See more

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