Chugoku Electric Power Co (FRA:59K) Cyclically Adjusted Book per Share: €10.06 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:59K Chugoku Electric Power Co Inc FRA:59K
63 GF Score
Price €4.94
GF Value €4.55
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Chugoku Electric Power Co Cyclically Adjusted Book per Share?

Chugoku Electric Power Co FRA:59K 63 Cyclically Adjusted Book per Share is €10.06 as of Mar. 2026. GuruFocus rates FRA:59K with a GF Score™ of 63/100 and a GF Value™ of €4.55 (Fairly Valued). The stock has 7 warning signs investors should review.

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.

Chugoku Electric Power Co's adjusted book value per share for the three months ended in Mar. 2026 was €11.783. 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 €10.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chugoku Electric Power Co's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 Chugoku Electric Power Co was 2.40% per year. The lowest was -0.70% per year. And the median was 0.55% per year.

As of today (2026-07-29), Chugoku Electric Power Co's current stock price is €4.94. Chugoku Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €10.06. Chugoku Electric Power Co's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chugoku Electric Power Co was 0.87. The lowest was 0.36. And the median was 0.59.


Chugoku Electric Power Co  (FRA:59K) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.94/10.06
=0.49

* 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 Chugoku Electric Power Co was 0.87. The lowest was 0.36. And the median was 0.59.


Be Aware

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


Chugoku Electric Power Co Cyclically Adjusted Book per Share Related Terms


Chugoku Electric Power Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Chugoku 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.

Chugoku Electric Power Co Cyclically Adjusted Book per Share Chart

Chugoku Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.72 11.85 10.40 11.41 10.06

Chugoku Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.41 10.87 10.65 10.27 10.06

Chugoku Electric Power Co Cyclically Adjusted Book per Share Competitor Comparison

For the Utilities - Renewable subindustry, Chugoku 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.


Chugoku Electric Power Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


FRA:59K
63GF Score
Chugoku Electric Power Co Inc FRA:59K
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chugoku 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, Chugoku Electric Power Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.783/112.7000*112.7000
=11.783

Current CPI (Mar. 2026) = 112.7000.

Chugoku Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.958 98.100 16.035
201609 14.886 98.000 17.119
201612 13.102 98.400 15.006
201703 13.887 98.100 15.954
201706 13.304 98.500 15.222
201709 12.873 98.800 14.684
201712 12.467 99.400 14.135
201803 12.820 99.200 14.565
201806 12.726 99.200 14.458
201809 12.703 99.900 14.331
201812 12.515 99.700 14.147
201903 12.849 99.700 14.524
201906 13.016 99.800 14.698
201909 15.460 100.100 17.406
201912 14.908 100.500 16.718
202003 15.007 100.300 16.862
202006 14.776 99.900 16.669
202009 14.950 99.900 16.866
202012 14.534 99.300 16.495
202103 14.097 99.900 15.903
202106 13.579 99.500 15.380
202109 14.070 100.100 15.841
202112 13.507 100.100 15.207
202203 12.876 101.100 14.353
202206 11.413 101.800 12.635
202209 11.105 103.100 12.139
202212 8.923 104.100 9.660
202303 8.680 104.400 9.370
202306 9.251 105.200 9.911
202309 10.327 106.200 10.959
202312 10.403 106.800 10.978
202403 10.311 107.200 10.840
202406 0.000 108.200 0.000
202409 11.623 108.900 12.029
202412 11.606 110.700 11.816
202503 12.211 111.100 12.387
202506 11.927 111.700 12.034
202509 12.012 112.000 12.087
202512 11.563 113.000 11.532
202603 11.783 112.700 11.783

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

What does a Cyclically Adjusted Book per Share of €10.06 mean?
Chugoku Electric Power Co (FRA:59K) has a Cyclically Adjusted Book per Share of €10.06 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Chugoku Electric Power Co and its competitors.
Is Chugoku Electric Power Co's Cyclically Adjusted Book per Share too high?
Chugoku Electric Power Co's current Cyclically Adjusted Book per Share is €10.06. Overall, Chugoku Electric Power Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chugoku Electric Power Co's Cyclically Adjusted Book per Share compare to competitors?
Chugoku Electric Power Co's Cyclically Adjusted Book per Share of €10.06 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Chugoku Electric Power Co and its competitors. Chugoku Electric Power Co's current Cyclically Adjusted Book per Share is €10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chugoku Electric Power Co (FRA:59K) is currently considered Fairly Valued. The stock's GF Value™ is €4.55, compared to a current price of €4.94 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is €10.06. Chugoku Electric Power Co's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Chugoku Electric Power Co (FRA:59K), the current Cyclically Adjusted Book per Share is €10.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chugoku Electric Power Co (FRA:59K) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Electric Power Co stock appears to be overvalued. The current stock price of €4.94 is trading 8.6% above its estimated GF Value™ of €4.55. GuruFocus considers Chugoku Electric Power Co to be Fairly Valued.

Key valuation signals for FRA:59K:

  • Cyclically Adjusted Book per Share: €10.06
  • GF Value™: €4.55 vs. price of €4.94 (8.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the FRA:59K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugoku Electric Power Co Business Description

Other Exchanges 9504:Japan
Address 4-33 Komachi, Naka-ku, Hiroshima, JPN, 730-8701
Chugoku Electric Power Co Inc is a Japanese electric utility company mainly 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 mainly in its home region. While majority of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. It 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.
63GF Score

Get the complete analysis for FRA:59K

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.94
Price
€4.55
GF Value