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Electric Power Development Co (TSE:9513) Cyclically Adjusted PB Ratio : 0.54 (As of Jun. 06, 2024)


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What is Electric Power Development Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Electric Power Development Co's current share price is 円2535.50. Electric Power Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円4,736.80. Electric Power Development Co's Cyclically Adjusted PB Ratio for today is 0.54.

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

TSE:9513' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 1
Current: 0.56

During the past years, Electric Power Development Co's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.36. And the median was 0.52.

TSE:9513's Cyclically Adjusted PB Ratio is ranked better than
74.09% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs TSE:9513: 0.56

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.

Electric Power Development Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円6,509.231. 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4,736.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electric Power Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electric Power Development 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.

Electric Power Development Co Cyclically Adjusted PB Ratio Chart

Electric Power Development 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 0.59 0.51 0.43 0.48 -

Electric Power Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.47 0.52 0.48 -

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

For the Utilities - Renewable subindustry, Electric Power Development 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.


Electric Power Development Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Electric Power Development 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2535.50/4736.8
=0.54

* 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.

Electric Power Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Electric Power Development 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)
=6509.231/106.8000*106.8000
=6,509.231

Current CPI (Dec. 2023) = 106.8000.

Electric Power Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,440.217 95.700 3,839.239
201406 3,467.694 98.000 3,779.079
201409 3,509.187 98.500 3,804.885
201412 3,654.837 97.900 3,987.095
201503 3,762.524 97.900 4,104.572
201506 3,808.894 98.400 4,134.043
201509 3,897.350 98.500 4,225.756
201512 3,745.813 98.100 4,078.010
201603 3,641.595 97.900 3,972.649
201606 3,633.319 98.100 3,955.540
201609 3,577.859 98.000 3,899.136
201612 3,697.132 98.400 4,012.741
201703 3,954.204 98.100 4,304.883
201706 4,021.082 98.500 4,359.914
201709 4,154.280 98.800 4,490.659
201712 4,279.586 99.400 4,598.187
201803 4,300.980 99.200 4,630.491
201806 4,357.806 99.200 4,691.670
201809 4,400.707 99.900 4,704.660
201812 4,502.057 99.700 4,822.665
201903 4,356.533 99.700 4,666.778
201906 4,387.077 99.800 4,694.788
201909 4,372.021 100.100 4,664.654
201912 4,344.421 100.500 4,616.758
202003 4,412.818 100.300 4,698.793
202006 4,206.939 99.900 4,497.508
202009 4,384.684 99.900 4,687.530
202012 4,487.274 99.300 4,826.192
202103 4,420.392 99.900 4,725.704
202106 4,640.302 99.500 4,980.746
202109 4,631.403 100.100 4,941.397
202112 4,647.125 100.100 4,958.171
202203 5,004.305 101.100 5,286.447
202206 5,318.272 101.800 5,579.484
202209 5,753.917 103.100 5,960.411
202212 6,082.301 104.100 6,240.055
202303 5,931.670 104.400 6,068.030
202306 6,007.738 105.200 6,099.110
202309 6,338.485 106.200 6,374.296
202312 6,509.231 106.800 6,509.231

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.


Electric Power Development Co  (TSE:9513) 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.


Electric Power Development Co Cyclically Adjusted PB Ratio Related Terms

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


Electric Power Development Co (TSE:9513) Business Description

Traded in Other Exchanges
Address
15-1,Ginza 6-Chome, Chuo-ku, Tokyo, JPN, 104-8165
Electric Power Development Co., Ltd. which operates under the brand J-POWER, is a Japanese electric utility company involved in the generation, transmission, distribution, and retail sale of energy. The company operates a portfolio of hydroelectric, wind, nuclear, geothermal, and thermal power plants located primarily throughout Japan, but also elsewhere in Southeast Asia and North America. While most of Electric Power Development's power generating facilities are hydroelectric, the company's total electric power production can be divided fairly evenly between its thermal and hydroelectric sites. Electric Power Development generates almost all of its revenue from its electric utility operations, which primarily comprise the sale of energy from its thermal power plants.

Electric Power Development Co (TSE:9513) Headlines

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