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Chugoku Electric Power Co (Chugoku Electric Power Co) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 05, 2024)


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What is Chugoku Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Chugoku Electric Power Co's current share price is $14.42. Chugoku Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.20. Chugoku Electric Power Co's Cyclically Adjusted PS Ratio for today is 0.29.

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

CGKEY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.37   Max: 0.46
Current: 0.3

During the past years, Chugoku Electric Power Co's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.18. And the median was 0.37.

CGKEY's Cyclically Adjusted PS Ratio is ranked better than
87.79% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs CGKEY: 0.30

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Chugoku Electric Power Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $14.007. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $50.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chugoku Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chugoku Electric Power Co's Cyclically Adjusted PS 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.

Chugoku Electric Power Co Cyclically Adjusted PS Ratio Chart

Chugoku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.40 0.25 0.18 -

Chugoku Electric Power 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 PS 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 0.18 0.26 0.24 0.26 -

Competitive Comparison of Chugoku Electric Power Co's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Chugoku Electric Power Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


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

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

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



Chugoku Electric Power Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Chugoku Electric Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.42/50.2
=0.29

* 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.

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

For example, Chugoku Electric Power Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.007/106.8000*106.8000
=14.007

Current CPI (Dec. 2023) = 106.8000.

Chugoku Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.898 95.700 21.090
201406 16.609 98.000 18.100
201409 17.052 98.500 18.489
201412 14.053 97.900 15.331
201503 15.615 97.900 17.035
201506 11.878 98.400 12.892
201509 12.897 98.500 13.984
201512 11.446 98.100 12.461
201603 13.978 97.900 15.249
201606 13.038 98.100 14.194
201609 14.948 98.000 16.290
201612 11.789 98.400 12.795
201703 14.694 98.100 15.997
201706 13.833 98.500 14.999
201709 15.679 98.800 16.949
201712 13.033 99.400 14.003
201803 15.308 99.200 16.481
201806 16.711 99.200 17.991
201809 19.225 99.900 20.553
201812 16.560 99.700 17.739
201903 19.322 99.700 20.698
201906 17.637 99.800 18.874
201909 19.139 100.100 20.420
201912 13.139 100.500 13.963
202003 15.555 100.300 16.563
202006 14.468 99.900 15.467
202009 16.097 99.900 17.209
202012 14.334 99.300 15.417
202103 16.997 99.900 18.171
202106 11.097 99.500 11.911
202109 13.373 100.100 14.268
202112 13.537 100.100 14.443
202203 17.490 101.100 18.476
202206 13.044 101.800 13.685
202209 16.855 103.100 17.460
202212 17.699 104.100 18.158
202303 21.378 104.400 21.869
202306 15.752 105.200 15.992
202309 16.540 106.200 16.633
202312 14.007 106.800 14.007

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Chugoku Electric Power Co  (OTCPK:CGKEY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Chugoku Electric Power Co Cyclically Adjusted PS Ratio Related Terms

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


Chugoku Electric Power Co (Chugoku Electric Power Co) Business Description

Traded in Other Exchanges
Address
4-33 Komachi, Naka-ku, Hiroshima-shi, JPN, 730-8701
Chugoku Electric Power Company, Inc. is a Japanese electric utility company primarily serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located primarily in its home region. While most of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. Chugoku Electric generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.

Chugoku Electric Power Co (Chugoku Electric Power Co) Headlines

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