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HKEPF (Hokkaido Electric Power Co) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 01, 2025)


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What is Hokkaido Electric Power Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Hokkaido Electric Power Co's current share price is $9.45. Hokkaido Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $12.05. Hokkaido Electric Power Co's Cyclically Adjusted PB Ratio for today is 0.78.

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

HKEPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.49   Max: 1.39
Current: 0.57

During the past years, Hokkaido Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.32. And the median was 0.49.

HKEPF's Cyclically Adjusted PB Ratio is ranked better than
72.59% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.075 vs HKEPF: 0.57

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.

Hokkaido Electric Power Co's adjusted book value per share data for the three months ended in Sep. 2024 was $12.507. 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 $12.05 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokkaido Electric Power Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hokkaido 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.

Hokkaido Electric Power Co Cyclically Adjusted PB Ratio Chart

Hokkaido 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 0.40 0.46 0.46 0.44 0.71

Hokkaido Electric Power Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.54 0.71 - 0.78 -

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

For the Utilities - Renewable subindustry, Hokkaido 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.


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

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


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Hokkaido 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.45/12.05
=0.78

* 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.

Hokkaido Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Hokkaido Electric Power Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=12.507/108.9000*108.9000
=12.507

Current CPI (Sep. 2024) = 108.9000.

Hokkaido Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.327 97.900 8.150
201503 7.195 97.900 8.003
201506 7.378 98.400 8.165
201509 7.812 98.500 8.637
201512 7.809 98.100 8.669
201603 8.029 97.900 8.931
201606 8.905 98.100 9.885
201609 9.198 98.000 10.221
201612 7.804 98.400 8.637
201703 8.138 98.100 9.034
201706 8.253 98.500 9.124
201709 8.354 98.800 9.208
201712 8.136 99.400 8.914
201803 9.241 99.200 10.145
201806 9.199 99.200 10.098
201809 9.046 99.900 9.861
201812 9.040 99.700 9.874
201903 9.496 99.700 10.372
201906 9.659 99.800 10.540
201909 10.014 100.100 10.894
201912 9.749 100.500 10.564
202003 10.617 100.300 11.527
202006 11.421 99.900 12.450
202009 11.940 99.900 13.016
202012 11.796 99.300 12.936
202103 12.416 99.900 13.535
202106 12.437 99.500 13.612
202109 12.799 100.100 13.924
202112 11.895 100.100 12.941
202203 11.199 101.100 12.063
202206 10.165 101.800 10.874
202209 9.109 103.100 9.621
202212 8.984 104.100 9.398
202303 8.921 104.400 9.306
202306 9.646 105.200 9.985
202309 9.839 106.200 10.089
202312 10.125 106.800 10.324
202403 10.383 107.200 10.548
202406 0.000 108.200 0.000
202409 12.507 108.900 12.507

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.


Hokkaido Electric Power Co  (OTCPK:HKEPF) 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.


Hokkaido Electric Power Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Hokkaido Electric Power Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hokkaido Electric Power Co Business Description

Traded in Other Exchanges
Address
2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677
Hokkaido Electric Power Co Inc is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While majority of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Electrical output, however, is transmitted to residential customers.

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