Hokuriku Electric Power Co (FRA:6HO) Cyclically Adjusted PS Ratio: 0.25 (As of Jul. 19, 2026) — Near Median

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FRA:6HO Hokuriku Electric Power Co Inc FRA:6HO
63 GF Score
Price €4.80
GF Value €4.30
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hokuriku Electric Power Co Cyclically Adjusted PS Ratio?

Hokuriku Electric Power Co FRA:6HO -0.41% 63 Cyclically Adjusted PS Ratio is 0.25 as of Jul. 19, 2026, which is 4% below its 10-year median of 0.26. GuruFocus rates FRA:6HO with a GF Score™ of 63/100 and a GF Value™ of €4.30 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 442 Utilities - Regulated companies, Hokuriku Electric Power Co ranks better than 88.69% on this metric.

As of today (2026-07-19), Hokuriku Electric Power Co's current share price is €4.80. Hokuriku Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €19.46. Hokuriku Electric Power Co's Cyclically Adjusted PS Ratio for today is 0.25.

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

FRA:6HO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.26   Max: 0.46
Current: 0.25

During the past years, Hokuriku Electric Power Co's highest Cyclically Adjusted PS Ratio was 0.46. The lowest was 0.15. And the median was 0.26.

FRA:6HO's Cyclically Adjusted PS Ratio is ranked better than
88.69% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs FRA:6HO: 0.25

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.

Hokuriku Electric Power Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.309. 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 €19.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokuriku Electric Power Co  (FRA:6HO) 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.


Hokuriku Electric Power Co Cyclically Adjusted PS Ratio Related Terms


Hokuriku Electric Power Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hokuriku 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.

Hokuriku Electric Power Co Cyclically Adjusted PS Ratio Chart

Hokuriku Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.19 0.25 0.24 0.30

Hokuriku 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 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 0.24 0.20 0.24 0.27 0.30

FRA:6HO vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Hokuriku 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.


Hokuriku Electric Power Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


FRA:6HO
63GF Score
Hokuriku Electric Power Co Inc FRA:6HO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokuriku 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.80/19.46
=0.25

* 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.

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

For example, Hokuriku Electric Power Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.309/112.7000*112.7000
=5.309

Current CPI (Mar. 2026) = 112.7000.

Hokuriku Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.026 98.100 5.774
201609 5.794 98.000 6.663
201612 5.017 98.400 5.746
201703 6.026 98.100 6.923
201706 5.114 98.500 5.851
201709 5.558 98.800 6.340
201712 5.109 99.400 5.793
201803 6.132 99.200 6.966
201806 5.258 99.200 5.974
201809 6.082 99.900 6.861
201812 5.463 99.700 6.175
201903 6.487 99.700 7.333
201906 5.816 99.800 6.568
201909 6.560 100.100 7.386
201912 5.840 100.500 6.549
202003 6.834 100.300 7.679
202006 5.824 99.900 6.570
202009 6.169 99.900 6.959
202012 5.340 99.300 6.061
202103 7.077 99.900 7.984
202106 4.417 99.500 5.003
202109 5.519 100.100 6.214
202112 5.555 100.100 6.254
202203 7.078 101.100 7.890
202206 5.533 101.800 6.125
202209 7.137 103.100 7.802
202212 6.879 104.100 7.447
202303 7.947 104.400 8.579
202306 6.037 105.200 6.467
202309 6.525 106.200 6.924
202312 5.668 106.800 5.981
202403 6.311 107.200 6.635
202406 5.290 108.200 5.510
202409 7.024 108.900 7.269
202412 5.157 110.700 5.250
202503 7.862 111.100 7.975
202506 5.347 111.700 5.395
202509 5.989 112.000 6.026
202512 4.718 113.000 4.705
202603 5.309 112.700 5.309

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.

What does a Cyclically Adjusted PS Ratio of 0.25 mean?
Hokuriku Electric Power Co (FRA:6HO) has a Cyclically Adjusted PS Ratio of 0.25 as of Jul. 19, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hokuriku Electric Power Co and its competitors. This is near median its historical median of 0.26. Over the past decade, Hokuriku Electric Power Co's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.46. According to the industry distribution chart, Hokuriku Electric Power Co ranks #50 out of 442 companies in the Utilities - Regulated industry, placing it in the top 11.3%.
Is Hokuriku Electric Power Co's Cyclically Adjusted PS Ratio too high?
Hokuriku Electric Power Co's current Cyclically Adjusted PS Ratio of 0.25 is near median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.46. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. Hokuriku Electric Power Co's value of 0.25 is 82.6% below this industry median. Based on the distribution chart, Hokuriku Electric Power Co ranks #50 out of 442 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hokuriku Electric Power Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Power Co's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Hokuriku Electric Power Co ranks #50 out of 442 companies for Cyclically Adjusted PS Ratio. This places Hokuriku Electric Power Co in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.44. Hokuriku Electric Power Co's value of 0.25 is 82.6% below this benchmark. Historically, Hokuriku Electric Power Co's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.46 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.44, Hokuriku 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 PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 442 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokuriku Electric Power Co's current Cyclically Adjusted PS Ratio of 0.25 is 82.6% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hokuriku Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Power Co's current Cyclically Adjusted PS Ratio is 0.25, which is near median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Power Co (FRA:6HO) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.30, compared to a current price of €4.80 — trading 11.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is near median its 10-year median of 0.26 and 82.6% below the Utilities - Regulated industry median of 1.44. Hokuriku Electric Power Co's overall GF Score™ is 63/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Hokuriku Electric Power Co (FRA:6HO), the current Cyclically Adjusted PS Ratio is 0.25 as of Jul. 19, 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 Hokuriku Electric Power Co (FRA:6HO) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electric Power Co stock appears to be overvalued. The current stock price of €4.80 is trading 11.6% above its estimated GF Value™ of €4.30. GuruFocus considers Hokuriku Electric Power Co to be Modestly Overvalued.

Key valuation signals for FRA:6HO:

  • Cyclically Adjusted PS Ratio: 0.25 (near median its 10-year median of 0.26)
  • GF Value™: €4.30 vs. price of €4.80 (11.6% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 82.6% below the Utilities - Regulated median (#50 of 442)

No single metric tells the full story. See the FRA:6HO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Electric Power Co Business Description

Other Exchanges 9505:Japan6HO:Germany
Address 15-1 Ushijima-cho, Toyama, JPN, 930-8686
Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.
63GF Score

Get the complete analysis for FRA:6HO

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

€4.80
Price
€4.30
GF Value