---
title: "日本的狂熱情緒因高估值而面臨風險"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/276466150.md"
description: "由 Bloomberg Markets Live 記者和策略師佐野英之撰寫，日本股票的估值達到了數十年來的最高水平，因為在高市早苗首相的決定性選舉勝利後，“買入日本” 的熱潮開始升温，這使得投資者開始質疑剩餘的上漲空間有多少。當前，東證指數的交易價格約為未來 12 個月預期收益的 18 倍"
datetime: "2026-02-20T16:47:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276466150.md)
  - [en](https://longbridge.com/en/news/276466150.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276466150.md)
---

# 日本的狂熱情緒因高估值而面臨風險

_By Hideyuki Sano, Bloomberg Markets Live reporter and strategist_

Valuations in Japanese stocks are the highest in decades as a “Buy Japan” rally took off after Prime Minister Sanae Takaichi’s decisive election victory, leading investors to question how much upside remains.

**TheTopixnow trades around 18 times expected earnings for the next 12 months.**

### 相關股票

- [1568.JP](https://longbridge.com/zh-HK/quote/1568.JP.md)
- [1475.JP](https://longbridge.com/zh-HK/quote/1475.JP.md)
- [JPNL.UK](https://longbridge.com/zh-HK/quote/JPNL.UK.md)
- [1306.JP](https://longbridge.com/zh-HK/quote/1306.JP.md)
- [1457.JP](https://longbridge.com/zh-HK/quote/1457.JP.md)
- [1473.JP](https://longbridge.com/zh-HK/quote/1473.JP.md)
- [1308.JP](https://longbridge.com/zh-HK/quote/1308.JP.md)
- [YCS.US](https://longbridge.com/zh-HK/quote/YCS.US.md)

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- [日本央行委員倡以適當速度加息](https://longbridge.com/zh-HK/news/287158201.md)
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