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Kansai Electric Power Co (Kansai Electric Power Co) Cyclically Adjusted PB Ratio : 1.32 (As of Apr. 30, 2024)


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What is Kansai Electric Power Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Kansai Electric Power Co's current share price is $15.25. Kansai Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.53. Kansai Electric Power Co's Cyclically Adjusted PB Ratio for today is 1.32.

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

KAEPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.77   Max: 1.37
Current: 1.29

During the past years, Kansai Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.52. And the median was 0.77.

KAEPF's Cyclically Adjusted PB Ratio is ranked worse than
54.72% of 254 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.145 vs KAEPF: 1.29

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 $16.810. 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 $11.53 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 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.74 0.75 0.71 0.77

Kansai Electric Power Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 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
=15.25/11.53
=1.32

* 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)
=16.81/106.8000*106.8000
=16.810

Current CPI (Dec. 2023) = 106.8000.

Kansai Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.001 95.700 14.509
201406 12.723 98.000 13.865
201409 12.391 98.500 13.435
201412 10.495 97.900 11.449
201503 9.631 97.900 10.507
201506 10.137 98.400 11.002
201509 10.860 98.500 11.775
201512 10.750 98.100 11.703
201603 11.682 97.900 12.744
201606 12.870 98.100 14.011
201609 14.138 98.000 15.408
201612 12.810 98.400 13.904
201703 13.111 98.100 14.274
201706 13.507 98.500 14.645
201709 14.429 98.800 15.597
201712 14.390 99.400 15.461
201803 15.349 99.200 16.525
201806 14.883 99.200 16.023
201809 15.189 99.900 16.238
201812 14.721 99.700 15.769
201903 15.254 99.700 16.340
201906 15.915 99.800 17.031
201909 16.741 100.100 17.862
201912 16.599 100.500 17.640
202003 16.647 100.300 17.726
202006 16.901 99.900 18.068
202009 17.978 99.900 19.220
202012 18.150 99.300 19.521
202103 17.352 99.900 18.550
202106 17.099 99.500 18.353
202109 17.353 100.100 18.514
202112 16.397 100.100 17.495
202203 15.682 101.100 16.566
202206 13.986 101.800 14.673
202209 12.711 103.100 13.167
202212 13.625 104.100 13.978
202303 14.995 104.400 15.340
202306 15.854 105.200 16.095
202309 16.737 106.200 16.832
202312 16.810 106.800 16.810

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.


Kansai Electric Power Co  (OTCPK:KAEPF) 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

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Kansai Electric Power Co (Kansai Electric Power Co) 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 (Kansai Electric Power Co) Headlines

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