The table below lists the current and historical price-earnings ratio and CAPE ratio of the Nikkei 225 index and of the Japanese stock market as a whole (calculated using all public Japanese companies listed on the Tokyo Stock Exchange). The trailing price-earnings ratio of the Nikkei 225 index is currently 13.87 and the CAPE ratio is 22.04 (12/31/2022).
For the latest data, check the data subscriptions provided by Siblis Research.
Nikkei 225 & All Public Japanese Companies: P/E (TTM), EPS (TTM) & CAPE
* EPS (earnings per share) in the table above has been indexed to start from the base value of “100”.
Need comprehensive data? For full access to our complete database, check the Professional Subscription Plan to our Global Equity Valuations data that provides you the current and historical P/E (TTM) ratios, forward P/E ratios, CAPE ratios, dividend yields, market cap to GNI ratios, and long-term interest rates of the largest economies, stock markets & equity indices in the world. The data format and delivery method can be individually customized based on your requirements. Examine a sample dataset from here.
About the CAPE (cyclically adjuted P/E 10) ratio
Cyclically adjusted price-to-earnings was popularized by Professor Robert Shiller who introduced the ratio to evaluate the historical valuation of the S&P 500 index. The ratio is calculated using the following method: index price level divided by the ten year average earnings-per-share of the index, both adjusted for inflation. It has been demonstrated that a higher CAPE ratio is associated with lower than average stock returns. Professor Shiller is publicly sharing his dataset for S&P 500 that is kept up to date. Examining the Excel file is the easiest way to examine how the ratio is calculated.
Pingback: Indexed Universal Life shines in a sideways market – thienooi
Pingback: Current market valuations – Rumours On Life
Pingback: What If Valuations Stay Permanently High? – CashTalks.info
Pingback: What If Valuations Stay Permanently High? | NewETFs.io
Pingback: Lessons learned from Japan's equity market - mypersonalfinance.ch
Pingback: What If Valuations Stay Permanently High? - ValueWalk