CHUEF (Chubu Electric Power Co) Cyclically Adjusted PB Ratio: 0.87 (As of Sep. 03, 2026) — 28% Above Median

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.

CHUEF Chubu Electric Power Co Inc CHUEF
64 GF Score
Price $16.85
GF Value $11.14
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Chubu Electric Power Co Cyclically Adjusted PB Ratio?

Chubu Electric Power Co CHUEF 64 Cyclically Adjusted PB Ratio is 0.87 as of Sep. 03, 2026, which is 28% above its 10-year median of 0.68. GuruFocus rates CHUEF with a GF Scoreâ„¢ of 64/100 and a GF Valueâ„¢ of $11.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 424 Utilities - Regulated companies, Chubu Electric Power Co ranks better than 72.17% on this metric.

As of today (2026-09-03), Chubu Electric Power Co's current share price is $16.85. Chubu Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $19.39. Chubu Electric Power Co's Cyclically Adjusted PB Ratio for today is 0.87.

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

CHUEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.68   Max: 1.04
Current: 0.92

During the past years, Chubu Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.49. And the median was 0.68.

CHUEF's Cyclically Adjusted PB Ratio is ranked better than
72.17% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs CHUEF: 0.92

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.

Chubu Electric Power Co's adjusted book value per share data for the three months ended in Mar. 2026 was $26.181. 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 $19.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chubu Electric Power Co  (OTCPK:CHUEF) 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.


Chubu Electric Power Co Cyclically Adjusted PB Ratio Related Terms


Chubu Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chubu 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.

Chubu Electric Power Co Cyclically Adjusted PB Ratio Chart

Chubu 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 0.55 0.57 0.76 0.56 0.84

Chubu 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 0.56 0.61 0.69 0.79 0.84

CHUEF vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Chubu 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.


Chubu Electric Power Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


CHUEF
64GF Score
Chubu Electric Power Co Inc CHUEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chubu 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.85/19.39
=0.87

* 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.

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

For example, Chubu 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)
=26.181/112.7000*112.7000
=26.181

Current CPI (Mar. 2026) = 112.7000.

Chubu Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.463 98.100 23.508
201609 22.159 98.000 25.483
201612 19.332 98.400 22.141
201703 19.711 98.100 22.645
201706 20.136 98.500 23.039
201709 20.667 98.800 23.575
201712 20.377 99.400 23.104
201803 21.555 99.200 24.488
201806 20.854 99.200 23.692
201809 21.128 99.900 23.835
201812 20.786 99.700 23.496
201903 21.148 99.700 23.906
201906 22.587 99.800 25.507
201909 23.116 100.100 26.026
201912 22.905 100.500 25.686
202003 23.263 100.300 26.139
202006 23.409 99.900 26.408
202009 24.729 99.900 27.897
202012 25.557 99.300 29.006
202103 24.711 99.900 27.877
202106 24.895 99.500 28.198
202109 25.056 100.100 28.210
202112 23.446 100.100 26.397
202203 22.497 101.100 25.078
202206 21.049 101.800 23.303
202209 19.796 103.100 21.639
202212 20.445 104.100 22.134
202303 20.390 104.400 22.011
202306 21.759 105.200 23.310
202309 22.724 106.200 24.115
202312 23.356 106.800 24.646
202403 22.824 107.200 23.995
202406 23.306 108.200 24.275
202409 25.342 108.900 26.226
202412 23.484 110.700 23.908
202503 24.753 111.100 25.109
202506 25.567 111.700 25.796
202509 26.104 112.000 26.267
202512 25.546 113.000 25.478
202603 26.181 112.700 26.181

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 0.87 mean?
Chubu Electric Power Co (CHUEF) has a Cyclically Adjusted PB Ratio of 0.87 as of Sep. 03, 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 Chubu Electric Power Co and its competitors. This is 28% above median its historical median of 0.68. Over the past decade, Chubu Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.04. According to the industry distribution chart, Chubu Electric Power Co ranks #118 out of 424 companies in the Utilities - Regulated industry, placing it in the top 27.8%.
Is Chubu Electric Power Co's Cyclically Adjusted PB Ratio too high?
Chubu Electric Power Co's current Cyclically Adjusted PB Ratio of 0.87 is 28% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.04. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Chubu Electric Power Co's value of 0.87 is 42.8% below this industry median. Based on the distribution chart, Chubu Electric Power Co ranks #118 out of 424 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Chubu Electric Power Co has a GF Scoreâ„¢ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chubu Electric Power Co's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Chubu Electric Power Co ranks #118 out of 424 companies for Cyclically Adjusted PB Ratio. This puts Chubu Electric Power Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Chubu Electric Power Co's value of 0.87 is 42.8% below this benchmark. Historically, Chubu Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.04 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.52, Chubu 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 - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 424 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. Chubu Electric Power Co's current Cyclically Adjusted PB Ratio of 0.87 is 42.8% 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 Chubu Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Electric Power Co's current Cyclically Adjusted PB Ratio is 0.87, which is 28% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chubu Electric Power Co (CHUEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.14, compared to a current price of $16.85 — trading 51.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 28% above median its 10-year median of 0.68 and 42.8% below the Utilities - Regulated industry median of 1.52. Chubu Electric Power Co's overall GF Score™ is 64/100 with 4 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 Chubu Electric Power Co (CHUEF), the current Cyclically Adjusted PB Ratio is 0.87 as of Sep. 03, 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 Chubu Electric Power Co (CHUEF) Overvalued in 2026?

Based on GuruFocus' analysis, Chubu Electric Power Co stock appears to be overvalued. The current stock price of $16.85 is trading 51.3% above its estimated GF Value™ of $11.14. GuruFocus considers Chubu Electric Power Co to be Significantly Overvalued.

Key valuation signals for CHUEF:

  • Cyclically Adjusted PB Ratio: 0.87 (28% above median its 10-year median of 0.68)
  • GF Value™: $11.14 vs. price of $16.85 (51.3% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 42.8% below the Utilities - Regulated median (#118 of 424)

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


Chubu Electric Power Co Business Description

Other Exchanges 9502:Japan0C2:Germany
Address 1 Higashishinmachi, Higashi-ku, Aichi Prefecture, Nagoya, JPN, 461-8680
Chubu Electric Power Co Inc is a Japanese electric utility firm that operates in the Chubu region in central Japan. The company operates through three segments. The JERA segment handles upstream fuel procurement, power generation, and the sale of electricity and gas. The Mirise segment engages in electricity and gas sales along with related services. The Power Grid segment provides power network services. The Others segment covers renewable energy subsidiaries, business creation and global business divisions, nuclear power, administrative functions, and other affiliated companies. It generates the majority of its revenue from the Mirise segment.
64GF Score

Get the complete analysis for CHUEF

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

$16.85
Price
$11.14
GF Value