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The Okinawa Electric Power Co (The Okinawa Electric Power Co) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 11, 2024)


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What is The Okinawa Electric Power Co Cyclically Adjusted PB Ratio?

As of today (2024-06-11), The Okinawa Electric Power Co's current share 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 for today is 0.39.

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

OKEPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.54   Max: 1.02
Current: 0.39

During the past years, The Okinawa Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.34. And the median was 0.54.

OKEPF's Cyclically Adjusted PB Ratio is ranked better than
81.82% of 275 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs OKEPF: 0.39

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Okinawa Electric Power 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.

The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Chart

The Okinawa Electric Power 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 0.71 0.58 0.50 0.38 -

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 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 0.38 0.40 0.39 0.39 -

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

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 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.

The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


The Okinawa Electric Power Co  (OTCPK:OKEPF) 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.


The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio 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.

The Okinawa Electric Power Co (The Okinawa Electric Power Co) Headlines

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