Stocktoria
Japan Tobacco Inc. 2914.T
JP · Tokyo Stock Exchange · XTKS · stock · Consumer Defensive · website
Japan Tobacco Inc. statistics & valuation
Market cap¥10.61T
P / E20.8×
P / S3.1×
P / B2.6×
P / FCF30.2×
Dividend yield3.36%
Net margin14.7%
Return on equity12.5%
FCF margin10.1%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Japan Tobacco Inc. trades at about 20.9× earnings — near its 10-year norm (10-year range 10.6×–39.4×, median 19.4×).
10.6×
39.4×
Shaded band = 10-year range (10.6×–39.4×); dot = today's 20.9×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 56.2% | 54.9% | 56.8% | 59.0% |
| Operating margin | 24.6% | 9.9% | 23.4% | 24.3% |
| Net margin | 14.7% | 5.9% | 17.0% | 16.7% |
| FCF margin | 10.1% | 15.7% | 15.8% | 14.5% |
| Return on assets | 6.1% | 2.1% | 6.6% | 6.8% |
| Return on equity | 12.5% | 4.8% | 12.6% | 12.5% |
| Debt / equity | 0.39× | 0.41× | 0.24× | 0.23× |
| Current ratio | 1.93 | 1.67 | 1.69 | 1.74 |
Source: company filings via Yahoo Finance · JP · as of 2025-12-31. Figures in JPY; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.