CGKEY (Chugoku Electric Power Co) Cyclically Adjusted PB Ratio: 0.53 (As of Jul. 21, 2026) — 10% Below Median

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CGKEY Chugoku Electric Power Co Inc CGKEY
64 GF Score
Price $9.69
GF Value $8.85
! 7 Warning Signs
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What is Chugoku Electric Power Co Cyclically Adjusted PB Ratio?

Chugoku Electric Power Co CGKEY 64 Cyclically Adjusted PB Ratio is 0.53 as of Jul. 21, 2026, which is 10% below its 10-year median of 0.59. GuruFocus rates CGKEY with a GF Score™ of 64/100 and a GF Value™ of $8.85. The stock has 7 warning signs investors should review. Among 284 Utilities - Independent Power Producers companies, Chugoku Electric Power Co ranks better than 77.46% on this metric.

As of today (2026-07-21), Chugoku Electric Power Co's current share price is $9.6948. Chugoku Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.39. Chugoku Electric Power Co's Cyclically Adjusted PB Ratio for today is 0.53.

The historical rank and industry rank for Chugoku Electric Power Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

CGKEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.59   Max: 0.87
Current: 0.49

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

CGKEY's Cyclically Adjusted PB Ratio is ranked better than
77.46% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.115 vs CGKEY: 0.49

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 adjusted book value per share data for the three months ended in Mar. 2026 was $27.244. 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 $18.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chugoku Electric Power Co  (OTCPK:CGKEY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Chugoku Electric Power Co Cyclically Adjusted PB Ratio Related Terms


Chugoku Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chugoku Electric Power Co's Cyclically Adjusted PB 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.

Chugoku Electric Power Co Cyclically Adjusted PB Ratio Chart

Chugoku Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.38 0.65 0.46 0.53

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 PB 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 0.46 0.38 0.45 0.53 0.53

Chugoku Electric Power Co Cyclically Adjusted PB Ratio 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.


CGKEY
64GF Score
Chugoku Electric Power Co Inc CGKEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugoku Electric Power Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.6948/18.39
=0.53

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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)
=27.244/112.7000*112.7000
=27.244

Current CPI (Mar. 2026) = 112.7000.

Chugoku Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.366 98.100 36.034
201609 33.414 98.000 38.426
201612 27.641 98.400 31.658
201703 29.705 98.100 34.126
201706 29.898 98.500 34.208
201709 30.686 98.800 35.003
201712 29.507 99.400 33.455
201803 31.616 99.200 35.919
201806 29.734 99.200 33.780
201809 29.644 99.900 33.442
201812 28.475 99.700 32.188
201903 29.038 99.700 32.824
201906 29.414 99.800 33.216
201909 34.054 100.100 38.341
201912 33.129 100.500 37.151
202003 33.164 100.300 37.264
202006 33.280 99.900 37.544
202009 35.217 99.900 39.729
202012 35.363 99.300 40.135
202103 33.563 99.900 37.863
202106 32.720 99.500 37.061
202109 33.107 100.100 37.274
202112 30.525 100.100 34.367
202203 28.361 101.100 31.615
202206 24.130 101.800 26.714
202209 21.990 103.100 24.038
202212 18.904 104.100 20.466
202303 18.586 104.400 20.064
202306 20.045 105.200 21.474
202309 22.043 106.200 23.392
202312 22.690 106.800 23.943
202403 22.415 107.200 23.565
202406 0.000 108.200 0.000
202409 25.800 108.900 26.700
202412 24.307 110.700 24.746
202503 26.402 111.100 26.782
202506 27.513 111.700 27.759
202509 28.198 112.000 28.374
202512 27.080 113.000 27.008
202603 27.244 112.700 27.244

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

What does a Cyclically Adjusted PB Ratio of 0.53 mean?
Chugoku Electric Power Co (CGKEY) has a Cyclically Adjusted PB Ratio of 0.53 as of Jul. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Chugoku Electric Power Co and its competitors. This is 10% below median its historical median of 0.59. Over the past decade, Chugoku Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 0.36 to 0.87. According to the industry distribution chart, Chugoku Electric Power Co ranks #64 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 22.5%.
Is Chugoku Electric Power Co's Cyclically Adjusted PB Ratio too high?
Chugoku Electric Power Co's current Cyclically Adjusted PB Ratio of 0.53 is 10% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.87. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.12. Chugoku Electric Power Co's value of 0.53 is 52.5% below this industry median. Based on the distribution chart, Chugoku Electric Power Co ranks #64 out of 284 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Chugoku Electric Power Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Chugoku Electric Power Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Chugoku Electric Power Co ranks #64 out of 284 companies for Cyclically Adjusted PB Ratio. This places Chugoku Electric Power Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.12. Chugoku Electric Power Co's value of 0.53 is 52.5% below this benchmark. Historically, Chugoku Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 0.87 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.12, Chugoku Electric Power Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.12, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chugoku Electric Power Co's current Cyclically Adjusted PB Ratio of 0.53 is 52.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Chugoku Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Electric Power Co's current Cyclically Adjusted PB Ratio is 0.53, which is 10% below median its own 10-year median of 0.59. 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?
Chugoku Electric Power Co (CGKEY) has a current Cyclically Adjusted PB Ratio of 0.53. The stock's GF Value™ is $8.85, compared to a current price of $9.69 — trading 9.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 10% below median its 10-year median of 0.59 and 52.5% below the Utilities - Independent Power Producers industry median of 1.12. Chugoku Electric Power Co's overall GF Score™ is 64/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Chugoku Electric Power Co (CGKEY), the current Cyclically Adjusted PB Ratio is 0.53 as of Jul. 21, 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 (CGKEY) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Electric Power Co stock appears to be overvalued. The current stock price of $9.69 is trading 9.5% above its estimated GF Value™ of $8.85.

Key valuation signals for CGKEY:

  • Cyclically Adjusted PB Ratio: 0.53 (10% below median its 10-year median of 0.59)
  • GF Value™: $8.85 vs. price of $9.69 (9.5% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 52.5% below the Utilities - Independent Power Producers median (#64 of 284)

No single metric tells the full story. See the CGKEY 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:Japan59K:Germany
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.
64GF Score

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

$9.69
Price
$8.85
GF Value