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Tokyo Electric Power Co Holdings (TSE:9501) Cyclically Adjusted Book per Share : 円1,980.82 (As of Dec. 2024)


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What is Tokyo Electric Power Co Holdings 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.

Tokyo Electric Power Co Holdings's adjusted book value per share for the three months ended in Dec. 2024 was 円2,355.843. 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 円1,980.82 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tokyo Electric Power Co Holdings'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 Tokyo Electric Power Co Holdings was 10.10% per year. The lowest was 1.10% per year. And the median was 6.10% per year.

As of today (2025-05-13), Tokyo Electric Power Co Holdings's current stock price is 円418.90. Tokyo Electric Power Co Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,980.82. Tokyo Electric Power Co Holdings's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokyo Electric Power Co Holdings was 0.57. The lowest was 0.19. And the median was 0.32.


Tokyo Electric Power Co Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings Cyclically Adjusted Book per Share Chart

Tokyo Electric Power Co Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,378.73 1,535.28 1,693.98 1,840.47 -

Tokyo Electric Power Co Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,840.47 - 1,920.38 1,980.82 -

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

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.


Tokyo Electric Power Co Holdings's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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


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Tokyo Electric Power Co Holdings 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, Tokyo Electric Power Co Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2355.843/110.7000*110.7000
=2,355.843

Current CPI (Dec. 2024) = 110.7000.

Tokyo Electric Power Co Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201503 1,293.675 97.900 1,462.817
201506 1,442.241 98.400 1,622.521
201509 1,490.801 98.500 1,675.448
201512 1,509.031 98.100 1,702.851
201603 1,370.687 97.900 1,549.898
201606 1,360.689 98.100 1,535.456
201609 1,412.642 98.000 1,595.709
201612 1,549.149 98.400 1,742.793
201703 1,462.556 98.100 1,650.407
201706 1,538.459 98.500 1,729.009
201709 1,580.619 98.800 1,770.997
201712 1,593.961 99.400 1,775.166
201803 1,654.785 99.200 1,846.620
201806 1,658.263 99.200 1,850.501
201809 1,711.096 99.900 1,896.079
201812 1,726.822 99.700 1,917.344
201903 1,803.379 99.700 2,002.348
201906 1,976.065 99.800 2,191.888
201909 2,051.422 100.100 2,268.655
201912 2,062.756 100.500 2,272.110
202003 1,810.114 100.300 1,997.803
202006 1,821.969 99.900 2,018.939
202009 1,893.651 99.900 2,098.370
202012 1,885.771 99.300 2,102.264
202103 1,950.649 99.900 2,161.530
202106 1,965.944 99.500 2,187.236
202109 2,026.926 100.100 2,241.566
202112 1,985.472 100.100 2,195.722
202203 1,985.884 101.100 2,174.455
202206 2,016.463 101.800 2,192.755
202209 2,012.883 103.100 2,161.262
202212 1,680.537 104.100 1,787.084
202303 1,932.029 104.400 2,048.617
202306 2,054.107 105.200 2,161.499
202309 2,253.055 106.200 2,348.523
202312 2,240.829 106.800 2,322.657
202403 2,191.652 107.200 2,263.208
202406 0.000 108.200 0.000
202409 2,335.340 108.900 2,373.941
202412 2,355.843 110.700 2,355.843

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


Tokyo Electric Power Co Holdings  (TSE:9501) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=418.90/1980.82
=0.21

* 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 Tokyo Electric Power Co Holdings was 0.57. The lowest was 0.19. And the median was 0.32.


Be Aware

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


Tokyo Electric Power Co Holdings Cyclically Adjusted Book per Share Related Terms

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


Tokyo Electric Power Co Holdings Business Description

Traded in Other Exchanges
Address
1-3, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8560
Tokyo Electric Power Co Holdings, or TEPCO, is a holding company that, through its subsidiaries, supplies electric power to Tokyo's metropolitan area in Japan. TEPCO segments its business operations through subsidiaries that, manage fuel and thermal power generation, power transmission and distribution, and retail electricity sales. To produce electricity, the company controls a portfolio of hydroelectric, thermal, and nuclear power plants. TEPCO's thermal facilities, which utilize oil, natural gas, and coal fuel sources, account for the vast majority of its energy production. Almost all of Tokyo Electric Power's revenue is derived from the sale of electricity to primarily retail customers. The company serves the energy needs of a substantial portion of Japan's population.

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