Nippon Steel stock stood at JPY 643.50 on October 16, 2026 at 12.03 times earnings
Published on 10/17/2026 at 19:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and price position
- Nippon Steel traded at 12.03 times earnings on October 16, 2026.
- The company's market capitalization was JPY 3.4 trillion on October 16, 2026.
- Nippon Steel stock stood at JPY 643.50 at 3:30 p.m. JST on October 16, 2026, up 0.39 percent versus the TSE prior close.
- The TSE price was 10.44 percent below the 52-week high of JPY 718.50.
Nippon Steel stock was valued at 12.03 times earnings on October 16, 2026, while its Tokyo Stock Exchange price was JPY 643.50. The company remains one of Japan's largest steelmakers, with operations spanning steel, engineering, chemicals, advanced materials and information technology. At 3:30 p.m. JST, the stock had risen 0.39 percent from the TSE prior close of JPY 641.00 dated October 15, 2026.
Price sits below yearly high
The current price was JPY 75.00 below the 52-week high of JPY 718.50, a gap of 10.44 percent. It stood JPY 113.00 above the 52-week low of JPY 530.50, equivalent to a 21.30 percent premium. The October 16 session recorded a high of JPY 648.10 and a low of JPY 638.20, placing the last price inside a JPY 9.90 intraday band.
Trading volume reached 21,892,300 shares on October 16, 2026, compared with an average volume of 40,064,274 shares. The session volume was therefore 45.36 percent below the average, a useful measure of the day's participation rather than a directional signal.
Valuation carries the main signal
Nippon Steel's market capitalization was JPY 3.4 trillion on October 16, 2026. Its price-to-earnings ratio was 12.03 and its trailing dividend yield was 0.04 percent. Those figures put valuation and shareholder income on different footing: the earnings multiple is a direct market measure, while the yield remains limited at the quoted level.
Comparison with peers
On October 16, 2026, the peer comparison was:
Nippon Steel (TSE, JPY): plus 0.39 percent, P/E 12.03, market capitalization JPY 3.4 trillion
JFE Holdings (TSE, JPY): plus 2.04 percent, P/E 12.13, market capitalization JPY 1.1 trillion
Kobe Steel (TSE, JPY): plus 1.33 percent, P/E 11.80, market capitalization JPY 796.2 billion
Price remains inside the annual range
The annual range shows that Nippon Steel was closer to its high than its low, but the stock remained 10.44 percent below the upper boundary. Its closing-level price of JPY 643.50 was last quoted on the TSE on October 16, 2026 at 3:30 p.m. JST, with the next trading perspective centered on whether volume returns toward the 40,064,274-share average.
Nippon Steel market data
- Company: Nippon Steel Corporation
- ISIN: JP3381000003
- WKN: 859164
- Ticker: 5401
- Primary exchange: Tokyo Stock Exchange
- Price TSE (as of October 16, 2026, 3:30 p.m. JST): JPY 643.50
- Change versus TSE prior close: plus 0.39 percent
- Market capitalization: JPY 3.4 trillion (as of October 16, 2026)
- 52-week range: JPY 530.50-JPY 718.50 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Steel
- Index membership: Nikkei 225
Market context: Market report Nikkei 225.
