Chubu Electric Power Co (STU:0C2) Cyclically Adjusted PB Ratio: 0.92 (As of Sep. 15, 2026) — 35% 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.

STU:0C2 Chubu Electric Power Co Inc STU:0C2
71 GF Score
Price €15.80
GF Value €9.98
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Chubu Electric Power Co Cyclically Adjusted PB Ratio?

Chubu Electric Power Co STU:0C2 -3.66% 71 Cyclically Adjusted PB Ratio is 0.92 as of Sep. 15, 2026, which is 35% above its 10-year median of 0.68. GuruFocus rates STU:0C2 with a GF Score™ of 71/100 and a GF Value™ of €9.98 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 425 Utilities - Regulated companies, Chubu Electric Power Co ranks better than 70.82% on this metric.

As of today (2026-09-15), Chubu Electric Power Co's current share price is €15.80. Chubu Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €17.18. Chubu Electric Power Co's Cyclically Adjusted PB Ratio for today is 0.92.

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

STU:0C2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.68   Max: 1.04
Current: 0.97

During the past years, Chubu Electric Power Co's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.49. And the median was 0.68.

STU:0C2's Cyclically Adjusted PB Ratio is ranked better than
70.82% of 425 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs STU:0C2: 0.97

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.

Chubu Electric Power Co's adjusted book value per share data for the three months ended in Mar. 2026 was €23.203. 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 €17.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chubu Electric Power Co  (STU:0C2) 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.


Chubu Electric Power Co Cyclically Adjusted PB Ratio Related Terms


Chubu Electric Power Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chubu 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.

Chubu Electric Power Co Cyclically Adjusted PB Ratio Chart

Chubu 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 0.49 0.48 0.57 0.45 0.63

Chubu 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 0.45 0.46 0.52 0.57 0.63

STU:0C2 vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Chubu 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.


Chubu Electric Power Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chubu Electric Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:0C2
71GF Score
Chubu Electric Power Co Inc STU:0C2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chubu 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.80/17.18
=0.92

* 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.

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

For example, Chubu 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)
=23.203/112.7000*112.7000
=23.203

Current CPI (Mar. 2026) = 112.7000.

Chubu Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.341 98.100 22.219
201609 20.257 98.000 23.296
201612 18.641 98.400 21.350
201703 19.112 98.100 21.956
201706 18.042 98.500 20.643
201709 17.805 98.800 20.310
201712 17.614 99.400 19.971
201803 18.105 99.200 20.569
201806 18.406 99.200 20.911
201809 18.611 99.900 20.996
201812 19.253 99.700 21.763
201903 19.613 99.700 22.170
201906 20.608 99.800 23.272
201909 21.866 100.100 24.618
201912 21.226 100.500 23.803
202003 21.900 100.300 24.607
202006 21.540 99.900 24.300
202009 21.849 99.900 24.648
202012 21.743 99.300 24.677
202103 21.421 99.900 24.166
202106 21.894 99.500 24.799
202109 22.433 100.100 25.257
202112 21.459 100.100 24.160
202203 20.793 101.100 23.179
202206 20.849 101.800 23.081
202209 20.960 103.100 22.912
202212 20.546 104.100 22.243
202303 19.776 104.400 21.348
202306 20.386 105.200 21.839
202309 22.122 106.200 23.476
202312 22.488 106.800 23.730
202403 21.807 107.200 22.926
202406 22.175 108.200 23.097
202409 23.241 108.900 24.052
202412 22.744 110.700 23.155
202503 23.432 111.100 23.769
202506 22.327 111.700 22.527
202509 22.759 112.000 22.901
202512 22.136 113.000 22.077
202603 23.203 112.700 23.203

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 0.92 mean?
Chubu Electric Power Co (STU:0C2) has a Cyclically Adjusted PB Ratio of 0.92 as of Sep. 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 Chubu Electric Power Co and its competitors. This is 35% above median its historical median of 0.68. Over the past decade, Chubu Electric Power Co's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.04. According to the industry distribution chart, Chubu Electric Power Co ranks #124 out of 425 companies in the Utilities - Regulated industry, placing it in the top 29.2%.
Is Chubu Electric Power Co's Cyclically Adjusted PB Ratio too high?
Chubu Electric Power Co's current Cyclically Adjusted PB Ratio of 0.92 is 35% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.04. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.49. Chubu Electric Power Co's value of 0.92 is 38.3% below this industry median. Based on the distribution chart, Chubu Electric Power Co ranks #124 out of 425 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Chubu Electric Power Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chubu Electric Power Co's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Chubu Electric Power Co ranks #124 out of 425 companies for Cyclically Adjusted PB Ratio. This puts Chubu Electric Power Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. Chubu Electric Power Co's value of 0.92 is 38.3% below this benchmark. Historically, Chubu Electric Power Co's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.04 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.49, Chubu 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 - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.49, based on 425 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. Chubu Electric Power Co's current Cyclically Adjusted PB Ratio of 0.92 is 38.3% 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 Chubu Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Electric Power Co's current Cyclically Adjusted PB Ratio is 0.92, which is 35% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chubu Electric Power Co (STU:0C2) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.98, compared to a current price of €15.80 — trading 58.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 35% above median its 10-year median of 0.68 and 38.3% below the Utilities - Regulated industry median of 1.49. Chubu Electric Power Co's overall GF Score™ is 71/100 with 9 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 Chubu Electric Power Co (STU:0C2), the current Cyclically Adjusted PB Ratio is 0.92 as of Sep. 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 Chubu Electric Power Co (STU:0C2) Overvalued in 2026?

Based on GuruFocus' analysis, Chubu Electric Power Co stock appears to be overvalued. The current stock price of €15.80 is trading 58.3% above its estimated GF Value™ of €9.98. GuruFocus considers Chubu Electric Power Co to be Significantly Overvalued.

Key valuation signals for STU:0C2:

  • Cyclically Adjusted PB Ratio: 0.92 (35% above median its 10-year median of 0.68)
  • GF Value™: €9.98 vs. price of €15.80 (58.3% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 38.3% below the Utilities - Regulated median (#124 of 425)

No single metric tells the full story. See the STU:0C2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chubu Electric Power Co Business Description

Other Exchanges CHUEF:USA9502:Japan
Address 1 Higashishinmachi, Higashi-ku, Aichi Prefecture, Nagoya, JPN, 461-8680
Chubu Electric Power Co Inc is a Japanese electric utility firm that operates in the Chubu region in central Japan. The company operates through three segments. The JERA segment handles upstream fuel procurement, power generation, and the sale of electricity and gas. The Mirise segment engages in electricity and gas sales along with related services. The Power Grid segment provides power network services. The Others segment covers renewable energy subsidiaries, business creation and global business divisions, nuclear power, administrative functions, and other affiliated companies. It generates the majority of its revenue from the Mirise segment.
71GF Score

Get the complete analysis for STU:0C2

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

€15.80
Price
€9.98
GF Value