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Chugoku Electric Power Co (TSE:9504) Cyclically Adjusted PS Ratio : 0.27 (As of May. 16, 2024)


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What is Chugoku Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Chugoku Electric Power Co's current share price is 円1017.00. Chugoku Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,801.76. Chugoku Electric Power Co's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSE:9504' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.37   Max: 0.46
Current: 0.26

During the past years, Chugoku Electric Power Co's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.18. And the median was 0.37.

TSE:9504's Cyclically Adjusted PS Ratio is ranked better than
89.27% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.86 vs TSE:9504: 0.26

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Chugoku Electric Power Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,008.394. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is 円3,801.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chugoku Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chugoku Electric Power Co's Cyclically Adjusted PS 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.

Chugoku Electric Power Co Cyclically Adjusted PS Ratio Chart

Chugoku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.40 0.25 0.18 -

Chugoku 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 PS 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 0.18 0.26 0.24 0.26 -

Competitive Comparison of Chugoku Electric Power Co's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Chugoku Electric Power Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


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

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

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



Chugoku Electric Power Co Cyclically Adjusted PS Ratio Calculation

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

Chugoku Electric Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1017.00/3801.76
=0.27

* 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.

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

For example, Chugoku Electric Power Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1008.394/106.8000*106.8000
=1,008.394

Current CPI (Dec. 2023) = 106.8000.

Chugoku Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 967.004 95.700 1,079.164
201406 847.554 98.000 923.661
201409 915.912 98.500 993.090
201412 838.427 97.900 914.648
201503 939.992 97.900 1,025.446
201506 734.745 98.400 797.467
201509 774.759 98.500 840.043
201512 696.090 98.100 757.823
201603 789.271 97.900 861.023
201606 686.787 98.100 747.695
201609 760.748 98.000 829.060
201612 683.760 98.400 742.130
201703 829.615 98.100 903.189
201706 767.120 98.500 831.761
201709 868.409 98.800 938.726
201712 735.990 99.400 790.782
201803 811.668 99.200 873.852
201806 919.626 99.200 990.081
201809 1,077.512 99.900 1,151.935
201812 928.983 99.700 995.139
201903 1,073.791 99.700 1,150.260
201906 953.004 99.800 1,019.848
201909 1,029.119 100.100 1,098.001
201912 716.725 100.500 761.654
202003 837.402 100.300 891.670
202006 778.208 99.900 831.958
202009 849.823 99.900 908.519
202012 743.879 99.300 800.063
202103 923.784 99.900 987.589
202106 610.938 99.500 655.761
202109 736.612 100.100 785.916
202112 770.503 100.100 822.075
202203 1,036.951 101.100 1,095.414
202206 873.685 101.800 916.597
202209 1,207.523 103.100 1,250.858
202212 1,193.902 104.100 1,224.868
202303 1,428.761 104.400 1,461.606
202306 1,113.335 105.200 1,130.268
202309 1,222.683 106.200 1,229.591
202312 1,008.394 106.800 1,008.394

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Chugoku Electric Power Co  (TSE:9504) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Chugoku Electric Power Co Cyclically Adjusted PS Ratio Related Terms

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


Chugoku Electric Power Co (TSE:9504) Business Description

Traded in Other Exchanges
Address
4-33 Komachi, Naka-ku, Hiroshima-shi, JPN, 730-8701
Chugoku Electric Power Company, Inc. is a Japanese electric utility company primarily serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located primarily in its home region. While most of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. Chugoku Electric generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.

Chugoku Electric Power Co (TSE:9504) Headlines

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