KAEPY (Kansai Electric Power Co) Cyclically Adjusted PB Ratio: 1.01 (As of Jul. 15, 2026) — 22% 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.

KAEPY Kansai Electric Power Co Inc KAEPY
73 GF Score
Price $7.22
GF Value $5.40
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kansai Electric Power Co Cyclically Adjusted PB Ratio?

Kansai Electric Power Co KAEPY -1.10% 73 Cyclically Adjusted PB Ratio is 1.01 as of Jul. 15, 2026, which is 22% above its 10-year median of 0.83. GuruFocus rates KAEPY with a GF Score™ of 73/100 and a GF Value™ of $5.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 284 Utilities - Independent Power Producers companies, Kansai Electric Power Co ranks better than 53.52% on this metric.

As of today (2026-07-15), Kansai Electric Power Co's current share price is $7.22. Kansai Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.15. Kansai Electric Power Co's Cyclically Adjusted PB Ratio for today is 1.01.

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

KAEPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.83   Max: 1.56
Current: 1.03

During the past years, Kansai Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.52. And the median was 0.83.

KAEPY's Cyclically Adjusted PB Ratio is ranked better than
53.52% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.13 vs KAEPY: 1.03

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 Mar. 2026 was $9.772. 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 $7.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansai Electric Power Co  (OTCPK:KAEPY) 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


Kansai Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Kansai Electric Power Co Cyclically Adjusted PB Ratio Chart

Kansai 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 0.71 0.77 1.21 0.88 1.18

Kansai 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 0.88 0.83 1.00 1.13 1.18

Kansai Electric Power Co Cyclically Adjusted PB Ratio Competitor Comparison

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 Cyclically Adjusted PB Ratio vs 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.


KAEPY
73GF Score
Kansai Electric Power Co Inc KAEPY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=7.22/7.15
=1.01

* 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 Mar. 2026 is calculated as:

For example, Kansai 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)
=9.772/112.7000*112.7000
=9.772

Current CPI (Mar. 2026) = 112.7000.

Kansai Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.435 98.100 7.393
201609 7.069 98.000 8.129
201612 6.405 98.400 7.336
201703 6.556 98.100 7.532
201706 6.754 98.500 7.728
201709 7.215 98.800 8.230
201712 7.195 99.400 8.158
201803 7.674 99.200 8.718
201806 7.441 99.200 8.454
201809 7.595 99.900 8.568
201812 7.360 99.700 8.320
201903 7.627 99.700 8.621
201906 7.958 99.800 8.987
201909 8.370 100.100 9.424
201912 8.300 100.500 9.308
202003 8.323 100.300 9.352
202006 8.450 99.900 9.533
202009 8.989 99.900 10.141
202012 9.075 99.300 10.300
202103 8.676 99.900 9.788
202106 8.549 99.500 9.683
202109 8.677 100.100 9.769
202112 8.199 100.100 9.231
202203 7.841 101.100 8.741
202206 6.993 101.800 7.742
202209 6.356 103.100 6.948
202212 6.813 104.100 7.376
202303 7.497 104.400 8.093
202306 7.927 105.200 8.492
202309 8.368 106.200 8.880
202312 8.405 106.800 8.869
202403 8.501 107.200 8.937
202406 8.532 108.200 8.887
202409 9.758 108.900 10.098
202412 8.799 110.700 8.958
202503 9.231 111.100 9.364
202506 9.663 111.700 9.750
202509 9.914 112.000 9.976
202512 9.723 113.000 9.697
202603 9.772 112.700 9.772

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 1.01 mean?
Kansai Electric Power Co (KAEPY) has a Cyclically Adjusted PB Ratio of 1.01 as of Jul. 15, 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 Kansai Electric Power Co and its competitors. This is 22% above median its historical median of 0.83. Over the past decade, Kansai Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.56. According to the industry distribution chart, Kansai Electric Power Co ranks #132 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.5%.
Is Kansai Electric Power Co's Cyclically Adjusted PB Ratio too high?
Kansai Electric Power Co's current Cyclically Adjusted PB Ratio of 1.01 is 22% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.56. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.13. Kansai Electric Power Co's value of 1.01 is 10.6% below this industry median. Based on the distribution chart, Kansai Electric Power Co ranks #132 out of 284 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Kansai Electric Power Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kansai Electric Power Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Kansai Electric Power Co ranks #132 out of 284 companies for Cyclically Adjusted PB Ratio. This puts Kansai Electric Power Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Kansai Electric Power Co's value of 1.01 is 10.6% below this benchmark. Historically, Kansai Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.56 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.13, Kansai 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 1.13, based on 284 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. Kansai Electric Power Co's current Cyclically Adjusted PB Ratio of 1.01 is 10.6% 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 Kansai Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kansai Electric Power Co's current Cyclically Adjusted PB Ratio is 1.01, which is 22% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kansai Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Kansai Electric Power Co (KAEPY) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.40, compared to a current price of $7.22 — trading 33.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.01, which is 22% above median its 10-year median of 0.83 and 10.6% below the Utilities - Independent Power Producers industry median of 1.13. Kansai Electric Power Co's overall GF Score™ is 73/100 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 Kansai Electric Power Co (KAEPY), the current Cyclically Adjusted PB Ratio is 1.01 as of Jul. 15, 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 Kansai Electric Power Co (KAEPY) Overvalued in 2026?

Based on GuruFocus' analysis, Kansai Electric Power Co stock appears to be overvalued. The current stock price of $7.22 is trading 33.7% above its estimated GF Value™ of $5.40. GuruFocus considers Kansai Electric Power Co to be Significantly Overvalued.

Key valuation signals for KAEPY:

  • Cyclically Adjusted PB Ratio: 1.01 (22% above median its 10-year median of 0.83)
  • GF Value™: $5.40 vs. price of $7.22 (33.7% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 10.6% below the Utilities - Independent Power Producers median (#132 of 284)

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


Kansai Electric Power Co Business Description

Address 3-6-16 Nakanoshima, Kita-ku, Osaka, JPN, 530-8270
Kansai Electric Power Co Inc is a Japan-based company that provides energy and information technology solutions. The company operates in four business segments. The Energy segment offers electricity, gas, and utility solutions. The Information and Communications segment provides comprehensive communication services. The Lifestyle/Business Solutions segment delivers consumer and business-related services. The Power Transmission and Distribution segment ensures a safe and reliable electricity supply from a neutral and fair standpoint. It generates the majority of its revenue from the Energy business segment.
73GF Score

Get the complete analysis for KAEPY

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

$7.22
Price
$5.40
GF Value