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The Okinawa Electric Power Co (The Okinawa Electric Power Co) Cyclically Adjusted Book per Share : $21.93 (As of Dec. 2023)


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What is The Okinawa Electric Power Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

The Okinawa Electric Power Co's adjusted book value per share for the three months ended in Dec. 2023 was $15.006. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $21.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Okinawa Electric Power Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The Okinawa Electric Power Co was 2.60% per year. The lowest was 2.60% per year. And the median was 2.60% per year.

As of today (2024-06-02), The Okinawa Electric Power Co's current stock price is $8.53. The Okinawa Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.93. The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Okinawa Electric Power Co was 1.02. The lowest was 0.34. And the median was 0.55.


The Okinawa Electric Power Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Okinawa Electric Power Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Okinawa Electric Power Co Cyclically Adjusted Book per Share Chart

The Okinawa Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.31 27.67 27.10 20.35 -

The Okinawa Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.35 21.22 21.76 21.93 -

Competitive Comparison of The Okinawa Electric Power Co's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio falls into.



The Okinawa Electric Power Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, The Okinawa Electric Power Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.006/106.8000*106.8000
=15.006

Current CPI (Dec. 2023) = 106.8000.

The Okinawa Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.143 95.700 26.943
201406 24.266 98.000 26.445
201409 24.214 98.500 26.254
201412 22.141 97.900 24.154
201503 21.516 97.900 23.472
201506 20.794 98.400 22.569
201509 22.135 98.500 24.000
201512 22.006 98.100 23.958
201603 22.958 97.900 25.045
201606 24.379 98.100 26.541
201609 26.649 98.000 29.042
201612 23.580 98.400 25.593
201703 23.778 98.100 25.887
201706 24.085 98.500 26.114
201709 25.423 98.800 27.482
201712 25.360 99.400 27.248
201803 26.256 99.200 28.268
201806 24.891 99.200 26.798
201809 25.227 99.900 26.969
201812 25.025 99.700 26.807
201903 24.966 99.700 26.744
201906 25.138 99.800 26.901
201909 26.651 100.100 28.435
201912 26.640 100.500 28.310
202003 26.323 100.300 28.029
202006 26.040 99.900 27.839
202009 28.045 99.900 29.982
202012 28.436 99.300 30.584
202103 27.294 99.900 29.179
202106 26.352 99.500 28.285
202109 27.261 100.100 29.086
202112 26.019 100.100 27.761
202203 24.764 101.100 26.160
202206 20.774 101.800 21.794
202209 18.121 103.100 18.771
202212 17.610 104.100 18.067
202303 15.512 104.400 15.869
202306 13.933 105.200 14.145
202309 14.482 106.200 14.564
202312 15.006 106.800 15.006

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


The Okinawa Electric Power Co  (OTCPK:OKEPF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.53/21.93
=0.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Okinawa Electric Power Co was 1.02. The lowest was 0.34. And the median was 0.55.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


The Okinawa Electric Power Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of The Okinawa Electric Power Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The Okinawa Electric Power Co (The Okinawa Electric Power Co) Business Description

Traded in Other Exchanges
Address
5-2-1 Makiminato, Urasoe, JPN, 901-2602
The Okinawa Electric Power Co Inc, or OEPC, is the exclusive supplier of electric power throughout the Okinawa Prefecture at the southwestern tip of Japan. OEPC is involved in the generation, transmission, and distribution of electricity in the region. The company operates a portfolio of coal, natural gas, oil, solar, and wind power plants. OEPC's power-generating facilities that utilize fossil fuel inputs are responsible for almost all of the company's power production. Nearly all of OEPC's revenue is derived from the sale of electric energy in Okinawa. While the company's customers are mainly residential consumers, industrial users account for most of OEPC's electric energy sales in terms of volume and revenue.

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