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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJun 24, 2024
DataAggregated Company Financials
Companies3980
  • 7D-0.6%
  • 3M-2.6%
  • 1Y17.8%
  • YTD12.6%

Over the last 7 days, the market has remained flat, although notably the Utilities sector declined by 3.1%. More promisingly, the market is up 18% over the past year. As for the next few years, earnings are expected to grow by 8.9% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Jun 2024JP¥961.3tJP¥989.0tJP¥58.6t14.2x16.4x1x
Wed, 22 May 2024JP¥973.0tJP¥989.2tJP¥58.5t14.1x16.6x1x
Fri, 19 Apr 2024JP¥950.0tJP¥975.0tJP¥57.0t14.4x16.7x1x
Sun, 17 Mar 2024JP¥952.9tJP¥975.8tJP¥56.9t14.5x16.8x1x
Tue, 13 Feb 2024JP¥916.4tJP¥974.1tJP¥56.6t14.4x16.2x0.9x
Thu, 11 Jan 2024JP¥881.2tJP¥971.1tJP¥52.4t14.5x16.8x0.9x
Sat, 09 Dec 2023JP¥842.6tJP¥974.2tJP¥52.5t13.9x16x0.9x
Mon, 06 Nov 2023JP¥842.9tJP¥972.9tJP¥56.8t13.8x14.8x0.9x
Wed, 04 Oct 2023JP¥842.8tJP¥971.5tJP¥55.3t13.9x15.2x0.9x
Fri, 01 Sep 2023JP¥850.4tJP¥971.1tJP¥55.2t14.2x15.4x0.9x
Sun, 30 Jul 2023JP¥836.6tJP¥961.3tJP¥51.5t14.1x16.2x0.9x
Tue, 27 Jun 2023JP¥825.2tJP¥957.2tJP¥51.1t13.9x16.2x0.9x
Thu, 25 May 2023JP¥787.8tJP¥958.8tJP¥51.0t13.5x15.4x0.8x
Sat, 22 Apr 2023JP¥748.2tJP¥935.1tJP¥46.6t13x16x0.8x
Mon, 20 Mar 2023JP¥703.0tJP¥922.5tJP¥46.1t12.5x15.2x0.8x
Wed, 15 Feb 2023JP¥733.7tJP¥930.2tJP¥46.7t12.7x15.7x0.8x
Fri, 13 Jan 2023JP¥704.7tJP¥902.3tJP¥49.1t12.2x14.4x0.8x
Sun, 11 Dec 2022JP¥727.1tJP¥902.8tJP¥49.1t12.5x14.8x0.8x
Tue, 08 Nov 2022JP¥717.9tJP¥884.8tJP¥46.0t12.4x15.6x0.8x
Thu, 06 Oct 2022JP¥713.4tJP¥863.6tJP¥45.6t12.4x15.6x0.8x
Sat, 03 Sep 2022JP¥719.2tJP¥863.1tJP¥45.5t12.6x15.8x0.8x
Mon, 01 Aug 2022JP¥722.1tJP¥842.7tJP¥48.3t12.8x14.9x0.9x
Wed, 29 Jun 2022JP¥710.4tJP¥839.1tJP¥49.5t12.5x14.4x0.8x
Fri, 27 May 2022JP¥684.0tJP¥827.6tJP¥48.6t12.2x14.1x0.8x
Sun, 24 Apr 2022JP¥712.0tJP¥819.2tJP¥51.1t12.3x13.9x0.9x
Tue, 22 Mar 2022JP¥714.5tJP¥821.5tJP¥51.1t12.4x14x0.9x
Thu, 17 Feb 2022JP¥727.8tJP¥821.8tJP¥50.5t12.6x14.4x0.9x
Sat, 15 Jan 2022JP¥741.5tJP¥804.7tJP¥48.5t12.9x15.3x0.9x
Mon, 13 Dec 2021JP¥746.0tJP¥799.9tJP¥48.4t13.2x15.4x0.9x
Wed, 10 Nov 2021JP¥771.8tJP¥798.0tJP¥48.0t14x16.1x1x
Fri, 08 Oct 2021JP¥736.5tJP¥786.4tJP¥44.7t14.1x16.5x0.9x
Sun, 05 Sep 2021JP¥764.0tJP¥788.7tJP¥44.6t14.9x17.1x1x
Tue, 03 Aug 2021JP¥733.0tJP¥788.7tJP¥44.6t14.7x16.4x0.9x
Price to Earnings Ratio

16.6x


Total Market Cap: JP¥740.1tTotal Earnings: JP¥44.6tTotal Revenue: JP¥788.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 17.4x202220232024
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 17.4x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.5% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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-0.62%
Financials0.32%
Tech0.24%
Healthcare-0.12%
Materials-0.25%
Telecom-0.28%
Consumer Discretionary-0.79%
Consumer Staples-1.00%
Industrials-1.32%
Real Estate-1.94%
Energy-2.21%
Utilities-3.10%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 28.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings growth of 8.0% 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 Tech sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 6.2% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 7.1% 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
7203 Toyota MotorJP¥3.15k3.8%
+JP¥1.5t		41.8%PE8.6xConsumer Discretionary
4519 Chugai PharmaceuticalJP¥5.36k8.4%
+JP¥684.5b		27.6%PE27xHealthcare
6098 Recruit HoldingsJP¥8.14k3.2%
+JP¥546.8b		79.6%PE35.8xIndustrials
8766 Tokio Marine HoldingsJP¥5.52k4.9%
+JP¥503.9b		68.0%PE15.6xFinancials
6861 KeyenceJP¥69.80k3.0%
+JP¥487.5b		2.9%PE45.8xTech
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