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Electric Power Development Co (Electric Power Development Co) Cyclically Adjusted PB Ratio : 0.54 (As of Jun. 09, 2024)


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What is Electric Power Development Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Electric Power Development Co's current share price is $16.80. Electric Power Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $31.05. Electric Power Development Co's Cyclically Adjusted PB Ratio for today is 0.54.

The historical rank and industry rank for Electric Power Development Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

EDRWY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 1
Current: 0.53

During the past years, Electric Power Development Co's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.36. And the median was 0.52.

EDRWY's Cyclically Adjusted PB Ratio is ranked better than
74.09% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs EDRWY: 0.53

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.

Electric Power Development Co's adjusted book value per share data for the three months ended in Dec. 2023 was $45.209. 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 $31.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electric Power Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electric Power Development Co's Cyclically Adjusted PB Ratio 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.

Electric Power Development Co Cyclically Adjusted PB Ratio Chart

Electric Power Development Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.51 0.43 0.48 -

Electric Power Development 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 PB Ratio 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 0.48 0.47 0.52 0.48 -

Competitive Comparison of Electric Power Development Co's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Electric Power Development 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.


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

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

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



Electric Power Development Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Electric Power Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.80/31.05
=0.54

* 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.

Electric Power Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Electric Power Development 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)
=45.209/106.8000*106.8000
=45.209

Current CPI (Dec. 2023) = 106.8000.

Electric Power Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 33.616 95.700 37.515
201406 33.976 98.000 37.027
201409 32.666 98.500 35.419
201412 30.630 97.900 33.415
201503 31.252 97.900 34.093
201506 30.787 98.400 33.415
201509 32.438 98.500 35.171
201512 30.796 98.100 33.527
201603 32.246 97.900 35.177
201606 34.488 98.100 37.547
201609 35.151 98.000 38.307
201612 31.872 98.400 34.593
201703 35.019 98.100 38.125
201706 36.254 98.500 39.309
201709 37.502 98.800 40.539
201712 37.892 99.400 40.713
201803 40.557 99.200 43.664
201806 39.593 99.200 42.626
201809 39.258 99.900 41.970
201812 40.125 99.700 42.982
201903 39.197 99.700 41.988
201906 40.595 99.800 43.442
201909 40.655 100.100 43.376
201912 39.820 100.500 42.316
202003 40.986 100.300 43.642
202006 39.106 99.900 41.807
202009 41.526 99.900 44.394
202012 43.232 99.300 46.497
202103 40.666 99.900 43.475
202106 42.143 99.500 45.235
202109 42.042 100.100 44.856
202112 40.824 100.100 43.556
202203 42.203 101.100 44.582
202206 39.700 101.800 41.650
202209 40.157 103.100 41.598
202212 45.083 104.100 46.252
202303 44.377 104.400 45.397
202306 42.500 105.200 43.146
202309 42.872 106.200 43.114
202312 45.209 106.800 45.209

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


Electric Power Development Co  (OTCPK:EDRWY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Electric Power Development Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Electric Power Development Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Electric Power Development Co (Electric Power Development Co) Business Description

Traded in Other Exchanges
Address
15-1,Ginza 6-Chome, Chuo-ku, Tokyo, JPN, 104-8165
Electric Power Development Co., Ltd. which operates under the brand J-POWER, is a Japanese electric utility company involved in the generation, transmission, distribution, and retail sale of energy. The company operates a portfolio of hydroelectric, wind, nuclear, geothermal, and thermal power plants located primarily throughout Japan, but also elsewhere in Southeast Asia and North America. While most of Electric Power Development's power generating facilities are hydroelectric, the company's total electric power production can be divided fairly evenly between its thermal and hydroelectric sites. Electric Power Development generates almost all of its revenue from its electric utility operations, which primarily comprise the sale of energy from its thermal power plants.

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