GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » Shiller PE Ratio

Hokkaido Electric Power Co (TSE:9509) Shiller PE Ratio : 22.58 (As of May. 24, 2024)


View and export this data going back to 1953. Start your Free Trial

What is Hokkaido Electric Power Co Shiller PE Ratio?

As of today (2024-05-24), Hokkaido Electric Power Co's current share price is 円1475.00. Hokkaido Electric Power Co's E10 for the quarter that ended in Dec. 2023 was 円65.31. Hokkaido Electric Power Co's Shiller PE Ratio for today is 22.58.

The historical rank and industry rank for Hokkaido Electric Power Co's Shiller PE Ratio or its related term are showing as below:

TSE:9509' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.48   Med: 13.52   Max: 28.34
Current: 20.76

During the past years, Hokkaido Electric Power Co's highest Shiller PE Ratio was 28.34. The lowest was 9.48. And the median was 13.52.

TSE:9509's Shiller PE Ratio is ranked worse than
53.3% of 197 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.54 vs TSE:9509: 20.76

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.

Hokkaido Electric Power Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円11.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円65.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokkaido Electric Power Co Shiller PE Ratio Historical Data

The historical data trend for Hokkaido Electric Power Co's Shiller PE 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.

Hokkaido Electric Power Co Shiller PE Ratio Chart

Hokkaido Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 22.34 -

Hokkaido 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
Shiller PE 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 22.34 12.28 13.88 9.56 -

Competitive Comparison of Hokkaido Electric Power Co's Shiller PE Ratio

For the Utilities - Renewable subindustry, Hokkaido Electric Power Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Hokkaido Electric Power Co's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hokkaido Electric Power Co's Shiller PE Ratio falls into.



Hokkaido Electric Power Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Hokkaido Electric Power Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1475.00/65.31
=22.58

* 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.

Hokkaido Electric Power Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Hokkaido Electric Power Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.05/106.8000*106.8000
=11.050

Current CPI (Dec. 2023) = 106.8000.

Hokkaido Electric Power Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -153.610 95.700 -171.427
201406 73.070 98.000 79.631
201409 -6.670 98.500 -7.232
201412 -75.310 97.900 -82.156
201503 23.206 97.900 25.316
201506 39.310 98.400 42.666
201509 38.229 98.500 41.450
201512 17.330 98.100 18.867
201603 -0.380 97.900 -0.415
201606 60.820 98.100 66.214
201609 -7.640 98.000 -8.326
201612 -37.670 98.400 -40.886
201703 18.580 98.100 20.228
201706 10.770 98.500 11.678
201709 11.370 98.800 12.291
201712 -11.220 99.400 -12.055
201803 60.920 99.200 65.587
201806 43.610 99.200 46.951
201809 0.920 99.900 0.984
201812 9.460 99.700 10.134
201903 47.940 99.700 51.354
201906 5.090 99.800 5.447
201909 30.070 100.100 32.083
201912 -11.610 100.500 -12.338
202003 99.610 100.300 106.065
202006 88.670 99.900 94.794
202009 25.400 99.900 27.154
202012 -32.980 99.300 -35.471
202103 88.000 99.900 94.078
202106 45.320 99.500 48.645
202109 36.390 100.100 38.826
202112 -44.230 100.100 -47.190
202203 -10.910 101.100 -11.525
202206 49.130 101.800 51.543
202209 -60.420 103.100 -62.588
202212 -96.200 104.100 -98.695
202303 -7.470 104.400 -7.642
202306 166.790 105.200 169.327
202309 78.220 106.200 78.662
202312 11.050 106.800 11.050

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Hokkaido Electric Power Co  (TSE:9509) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Hokkaido Electric Power Co Shiller PE Ratio Related Terms

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


Hokkaido Electric Power Co (TSE:9509) Business Description

Traded in Other Exchanges
Address
2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677
Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

Hokkaido Electric Power Co (TSE:9509) Headlines

No Headlines