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The Okinawa Electric Power Co (TSE:9511) Cyclically Adjusted Book per Share : 円2,866.40 (As of Dec. 2023)


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What is The Okinawa 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.

The Okinawa Electric Power Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,160.626. 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2,866.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Okinawa 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 The Okinawa Electric Power Co was 2.60% per year. The lowest was 2.60% per year. And the median was 2.60% per year.

As of today (2024-06-18), The Okinawa Electric Power Co's current stock price is 円1101.00. The Okinawa Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,866.40. The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Okinawa Electric Power Co was 1.02. The lowest was 0.34. And the median was 0.54.


The Okinawa Electric Power Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Okinawa 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.

The Okinawa Electric Power Co Cyclically Adjusted Book per Share Chart

The Okinawa 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 2,638.17 2,690.26 2,776.69 2,850.66 -

The Okinawa 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 2,850.66 2,856.25 2,867.49 2,866.40 -

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

For the Utilities - Renewable subindustry, The Okinawa 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.


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

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



The Okinawa 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, The Okinawa 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)
=2160.626/106.8000*106.8000
=2,160.626

Current CPI (Dec. 2023) = 106.8000.

The Okinawa Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,470.759 95.700 2,757.336
201406 2,476.679 98.000 2,699.075
201409 2,601.238 98.500 2,820.429
201412 2,641.889 97.900 2,882.061
201503 2,590.468 97.900 2,825.965
201506 2,572.565 98.400 2,792.174
201509 2,659.509 98.500 2,883.610
201512 2,676.760 98.100 2,914.149
201603 2,592.713 97.900 2,828.414
201606 2,568.321 98.100 2,796.093
201609 2,712.452 98.000 2,956.019
201612 2,735.188 98.400 2,968.680
201703 2,684.914 98.100 2,923.026
201706 2,671.359 98.500 2,896.458
201709 2,816.308 98.800 3,044.349
201712 2,864.146 99.400 3,077.372
201803 2,784.414 99.200 2,997.736
201806 2,739.582 99.200 2,949.469
201809 2,827.886 99.900 3,023.205
201812 2,807.822 99.700 3,007.777
201903 2,774.835 99.700 2,972.441
201906 2,716.675 99.800 2,907.223
201909 2,866.089 100.100 3,057.925
201912 2,906.443 100.500 3,088.638
202003 2,834.081 100.300 3,017.745
202006 2,801.316 99.900 2,994.800
202009 2,961.281 99.900 3,165.814
202012 2,951.487 99.300 3,174.409
202103 2,966.842 99.900 3,171.759
202106 2,901.508 99.500 3,114.382
202109 3,003.139 100.100 3,204.148
202112 2,961.843 100.100 3,160.088
202203 2,936.404 101.100 3,101.958
202206 2,782.939 101.800 2,919.626
202209 2,596.461 103.100 2,689.641
202212 2,375.865 104.100 2,437.487
202303 2,073.407 104.400 2,121.072
202306 1,969.487 105.200 1,999.441
202309 2,141.128 106.200 2,153.225
202312 2,160.626 106.800 2,160.626

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


The Okinawa Electric Power Co  (TSE:9511) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1101.00/2866.4
=0.38

* 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 The Okinawa Electric Power Co was 1.02. The lowest was 0.34. And the median was 0.54.


Be Aware

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


The Okinawa Electric Power Co Cyclically Adjusted Book per Share Related Terms

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


The Okinawa Electric Power Co (TSE:9511) Business Description

Traded in Other Exchanges
N/A
Address
5-2-1 Makiminato, Urasoe, JPN, 901-2602
The Okinawa Electric Power Co Inc, or OEPC, is the exclusive supplier of electric power throughout the Okinawa Prefecture at the southwestern tip of Japan. OEPC is involved in the generation, transmission, and distribution of electricity in the region. The company operates a portfolio of coal, natural gas, oil, solar, and wind power plants. OEPC's power-generating facilities that utilize fossil fuel inputs are responsible for almost all of the company's power production. Nearly all of OEPC's revenue is derived from the sale of electric energy in Okinawa. While the company's customers are mainly residential consumers, industrial users account for most of OEPC's electric energy sales in terms of volume and revenue.

The Okinawa Electric Power Co (TSE:9511) Headlines

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