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Kansai Electric Power Co (FRA:KPO) Cyclically Adjusted Book per Share : €11.27 (As of Dec. 2023)


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

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.

Kansai Electric Power Co's adjusted book value per share for the three months ended in Dec. 2023 was €15.415. 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 €11.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kansai Electric Power Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Kansai Electric Power Co was 1.20% per year. The lowest was -0.90% per year. And the median was -0.60% per year.

As of today (2024-06-07), Kansai Electric Power Co's current stock price is €16.805. Kansai Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €11.27. Kansai Electric Power Co's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kansai Electric Power Co was 1.59. The lowest was 0.52. And the median was 0.77.


Kansai Electric Power Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kansai 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.

* Premium members only.

Kansai Electric Power Co Cyclically Adjusted Book per Share Chart

Kansai Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.41 12.04 12.54 11.37 -

Kansai 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 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 11.37 10.66 11.07 11.27 -

Competitive Comparison of Kansai Electric Power Co's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Kansai 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.


Kansai 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, Kansai Electric Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kansai 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, Kansai 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)
=15.415/106.8000*106.8000
=15.415

Current CPI (Dec. 2023) = 106.8000.

Kansai Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.399 95.700 10.489
201406 9.364 98.000 10.205
201409 9.615 98.500 10.425
201412 8.512 97.900 9.286
201503 8.899 97.900 9.708
201506 9.032 98.400 9.803
201509 9.676 98.500 10.491
201512 9.868 98.100 10.743
201603 10.491 97.900 11.445
201606 11.455 98.100 12.471
201609 12.597 98.000 13.728
201612 12.144 98.400 13.181
201703 12.259 98.100 13.346
201706 12.022 98.500 13.035
201709 12.106 98.800 13.086
201712 12.160 99.400 13.065
201803 12.448 99.200 13.402
201806 12.740 99.200 13.716
201809 13.017 99.900 13.916
201812 12.939 99.700 13.860
201903 13.499 99.700 14.460
201906 14.085 99.800 15.073
201909 15.201 100.100 16.218
201912 14.940 100.500 15.877
202003 15.065 100.300 16.041
202006 15.008 99.900 16.045
202009 15.264 99.900 16.318
202012 14.919 99.300 16.046
202103 14.575 99.900 15.582
202106 14.192 99.500 15.233
202109 14.750 100.100 15.737
202112 14.512 100.100 15.483
202203 14.239 101.100 15.042
202206 13.230 101.800 13.880
202209 12.839 103.100 13.300
202212 12.862 104.100 13.196
202303 14.005 104.400 14.327
202306 14.633 105.200 14.856
202309 15.682 106.200 15.771
202312 15.415 106.800 15.415

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


Kansai Electric Power Co  (FRA:KPO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.805/11.27
=1.49

* 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 Kansai Electric Power Co was 1.59. The lowest was 0.52. And the median was 0.77.


Be Aware

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


Kansai Electric Power Co Cyclically Adjusted Book per Share Related Terms

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


Kansai Electric Power Co (FRA:KPO) Business Description

Traded in Other Exchanges
Address
36-16, Nakanoshima 3-chome, Kita-ku, Osaka, JPN, 530-8270
Kansai Electric Power Co Inc is an electric utility company that supplies power to the Kansai region of the Japanese archipelago. The company controls a portfolio of hydroelectric, thermal, nuclear, and solar power plants located in Kansai and in other countries throughout Southeast Asia. The vast majority of the energy produced by Kansai Electric comes from its thermal facilities. The company generates most of its revenue from the sale of electricity, heat, and gas to households and corporate customers. Kansai Electric's utility services, information technology, and real estate businesses also represent substantial revenue streams. The company provides energy to a significant percentage of the Japanese population.

Kansai Electric Power Co (FRA:KPO) Headlines

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