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Kajima Corp
TSE:1812

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Kajima Corp
TSE:1812
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Price: 6 077 JPY -0.65% Market Closed
Market Cap: ¥2.9T

P/E

16.3
Current
39%
More Expensive
vs 3-y average of 11.7

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
16.3
=
Market Cap
¥3.2T
/
Net Income
¥173.5B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
16.3
=
Market Cap
¥3.2T
/
Net Income
¥173.5B

Valuation Scenarios

Kajima Corp is trading above its 3-year average

If P/E returns to its 3-Year Average (11.7), the stock would be worth ¥4 371.18 (28% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-40%
Maximum Upside
+4%
Average Downside
18%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 16.3 ¥6 077
0%
3-Year Average 11.7 ¥4 371.18
-28%
5-Year Average 9.8 ¥3 666.67
-40%
Industry Average 14.6 ¥5 438.59
-11%
Country Average 17 ¥6 334.97
+4%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥3.2T
/
Jan 2026
¥173.5B
=
16.3
Current
¥3.2T
/
Mar 2026
¥170B
=
18.9
Forward
¥3.2T
/
Mar 2027
¥178.1B
=
18
Forward
¥3.2T
/
Mar 2028
¥219.6B
=
14.6
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

All Countries
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Market Distribution

In line with most companies in Japan
Percentile
46th
Based on 5 185 companies
46th percentile
16.3
Low
0 — 13.1
Typical Range
13.1 — 23
High
23 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.1
Median 17
70th Percentile 23
Max 7 956 708

Kajima Corp
Glance View

Market Cap
2.9T JPY
Industry
Construction

Kajima Corporation, rooted in over 180 years of history, presents itself as a titan in the construction and engineering industry, seamlessly merging traditional craftsmanship with cutting-edge technology. Founded in 1840 by Iwakichi Kajima, the company emerged from the ashes of Japan’s evolving construction needs, initially embarking on local projects that laid the groundwork for its ambitious global expansion. Today, Kajima’s operations span architectural design, civil engineering, construction, and real estate development, not only within Japan but across Asia, the Americas, and Europe. The company's hallmark is its integrated approach, offering end-to-end solutions that encompass everything from project conceptualization to execution and maintenance, which allows it to capitalize on synergies between different business segments. At the core of Kajima’s operational prowess lies its dedication to innovation and sustainability, a dual focus that drives both efficiency and environmental stewardship. It invests heavily in research and development, pushing the boundaries in areas such as earthquake-resistant structures, automation in construction, and advanced building materials, which enhances its competitive edge. Furthermore, Kajima's revenue stream is bolstered by a diversified portfolio, which includes both public infrastructure projects and private sector contracts. From constructing skyscrapers to developing eco-friendly urban spaces, the company adeptly navigates the complexities of modern construction demands. By leveraging its extensive expertise and innovative practices, Kajima not only secures recurring revenue from long-term projects but also positions itself as a leader in shaping the future of sustainable and resilient infrastructure worldwide.

Intrinsic Value
2 221.48 JPY
Overvaluation 63%
Intrinsic Value
Price ¥6 077
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