The Okinawa Electric Power Co (FSE:9511) Cyclically Adjusted PB Ratio: 0.37 (As of Aug. 07, 2026) — 29% Below Median

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FSE:9511 The Okinawa Electric Power Co Inc FSE:9511
64 GF Score
Price 円1,121.00
GF Value 円1,040.36
! 11 Warning Signs
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What is The Okinawa Electric Power Co Cyclically Adjusted PB Ratio?

The Okinawa Electric Power Co FSE:9511 64 Cyclically Adjusted PB Ratio is 0.37 as of Aug. 07, 2026, which is 29% below its 10-year median of 0.52. GuruFocus rates FSE:9511 with a GF Score™ of 64/100 and a GF Value™ of 円1,040.36. The stock has 11 warning signs investors should review. Among 277 Utilities - Independent Power Producers companies, The Okinawa Electric Power Co ranks better than 79.78% on this metric.

As of today (2026-08-07), The Okinawa Electric Power Co's current share price is 円1121.00. The Okinawa Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,058.30. The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio for today is 0.37.

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

FSE:9511' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.52   Max: 1.02
Current: 0.38

During the past years, The Okinawa Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.30. And the median was 0.52.

FSE:9511's Cyclically Adjusted PB Ratio is ranked better than
79.78% of 277 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.08 vs FSE:9511: 0.38

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 adjusted book value per share data for the three months ended in Mar. 2026 was 円2,400.810. 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3,058.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Okinawa Electric Power Co  (FSE:9511) 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.


The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Related Terms


The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Okinawa 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.

The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Chart

The Okinawa 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 0.50 0.38 0.41 0.32 0.37

The Okinawa Electric Power Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.31 0.35 0.38 0.37 0.00

The Okinawa Electric Power Co Cyclically Adjusted PB Ratio Competitor Comparison

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 Cyclically Adjusted PB Ratio vs 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.


FSE:9511
64GF Score
The Okinawa Electric Power Co Inc FSE:9511
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Okinawa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1121.00/3058.30
=0.37

* 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.

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

For example, The Okinawa 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)
=2400.81/112.7000*112.7000
=2,400.810

Current CPI (Mar. 2026) = 112.7000.

The Okinawa Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,568.312 98.100 2,950.548
201609 2,712.443 98.000 3,119.309
201612 2,735.178 98.400 3,132.668
201703 2,684.929 98.100 3,084.521
201706 2,671.373 98.500 3,056.485
201709 2,816.323 98.800 3,212.547
201712 2,864.162 99.400 3,247.395
201803 2,784.419 99.200 3,163.347
201806 2,739.587 99.200 3,112.414
201809 2,827.892 99.900 3,190.225
201812 2,807.827 99.700 3,173.943
201903 2,774.840 99.700 3,136.655
201906 2,716.680 99.800 3,067.834
201909 2,866.095 100.100 3,226.862
201912 2,906.448 100.500 3,259.271
202003 2,834.081 100.300 3,184.456
202006 2,801.316 99.900 3,160.243
202009 2,961.281 99.900 3,340.704
202012 2,951.487 99.300 3,349.774
202103 2,966.864 99.900 3,347.003
202106 2,901.529 99.500 3,286.455
202109 3,003.161 100.100 3,381.181
202112 2,961.865 100.100 3,334.687
202203 2,936.404 101.100 3,273.321
202206 2,782.939 101.800 3,080.916
202209 2,596.461 103.100 2,838.227
202212 2,375.865 104.100 2,572.142
202303 2,073.411 104.400 2,238.251
202306 1,969.491 105.200 2,109.901
202309 2,141.132 106.200 2,272.181
202312 2,160.591 106.800 2,279.949
202403 2,150.464 107.200 2,260.796
202406 2,095.485 108.200 2,182.635
202409 2,239.565 108.900 2,317.713
202412 2,313.086 110.700 2,354.876
202503 2,234.464 111.100 2,266.643
202506 2,207.785 111.700 2,227.550
202509 2,370.708 112.000 2,385.525
202512 2,446.764 113.000 2,440.268
202603 2,400.810 112.700 2,400.810

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 0.37 mean?
The Okinawa Electric Power Co (FSE:9511) has a Cyclically Adjusted PB Ratio of 0.37 as of Aug. 07, 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 The Okinawa Electric Power Co and its competitors. This is 29% below median its historical median of 0.52. Over the past decade, The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.02. According to the industry distribution chart, The Okinawa Electric Power Co ranks #56 out of 277 companies in the Utilities - Independent Power Producers industry, placing it in the top 20.2%.
Is The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio too high?
The Okinawa Electric Power Co's current Cyclically Adjusted PB Ratio of 0.37 is 29% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.02. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.08. The Okinawa Electric Power Co's value of 0.37 is 65.7% below this industry median. Based on the distribution chart, The Okinawa Electric Power Co ranks #56 out of 277 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, The Okinawa Electric Power Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does The Okinawa Electric Power Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, The Okinawa Electric Power Co ranks #56 out of 277 companies for Cyclically Adjusted PB Ratio. This places The Okinawa Electric Power Co in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.08. The Okinawa Electric Power Co's value of 0.37 is 65.7% below this benchmark. Historically, The Okinawa Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.02 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.08, The Okinawa 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 1.08, based on 277 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. The Okinawa Electric Power Co's current Cyclically Adjusted PB Ratio of 0.37 is 65.7% 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 The Okinawa Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Okinawa Electric Power Co's current Cyclically Adjusted PB Ratio is 0.37, which is 29% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Okinawa Electric Power Co stock overvalued right now?
The Okinawa Electric Power Co (FSE:9511) has a current Cyclically Adjusted PB Ratio of 0.37. The stock's GF Value™ is 円1,040.36, compared to a current price of 円1,121.00 — trading 7.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 29% below median its 10-year median of 0.52 and 65.7% below the Utilities - Independent Power Producers industry median of 1.08. The Okinawa Electric Power Co's overall GF Score™ is 64/100 with 11 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 The Okinawa Electric Power Co (FSE:9511), the current Cyclically Adjusted PB Ratio is 0.37 as of Aug. 07, 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 The Okinawa Electric Power Co (FSE:9511) Overvalued in 2026?

Based on GuruFocus' analysis, The Okinawa Electric Power Co stock appears to be overvalued. The current stock price of 円1,121.00 is trading 7.8% above its estimated GF Value™ of 円1,040.36.

Key valuation signals for FSE:9511:

  • Cyclically Adjusted PB Ratio: 0.37 (29% below median its 10-year median of 0.52)
  • GF Value™: 円1,040.36 vs. price of 円1,121.00 (7.8% above fair value)
  • GF Score™: 64/100 with 11 warning signs
  • Industry Position: 65.7% below the Utilities - Independent Power Producers median (#56 of 277)

No single metric tells the full story. See the FSE:9511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Okinawa Electric Power Co Business Description

Other Exchanges 9511:Japan
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.
64GF Score

Get the complete analysis for FSE:9511

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

円1,121.00
Price
円1,040.36
GF Value