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Kansai Electric Power Co (FRA:KPO) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 07, 2024)


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What is Kansai Electric Power Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Kansai Electric Power Co's current share 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 for today is 1.49.

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

FRA:KPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.77   Max: 1.59
Current: 1.59

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

FRA:KPO's Cyclically Adjusted PB Ratio is ranked worse than
62.41% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs FRA:KPO: 1.59

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansai Electric Power Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kansai 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.

* Premium members only.

Kansai Electric Power Co Cyclically Adjusted PB Ratio Chart

Kansai Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.75 0.71 0.77 -

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 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 0.77 1.05 1.18 1.05 -

Competitive Comparison of Kansai Electric Power Co's Cyclically Adjusted PB Ratio

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 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.

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

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

Kansai Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Kansai Electric Power Co  (FRA:KPO) 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.


Kansai Electric Power Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Kansai Electric Power Co's Cyclically Adjusted PB Ratio 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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