Hokkaido Electric Power Co (SSE:9509) Cyclically Adjusted PS Ratio: 0.26 (As of Aug. 24, 2026) — 44% Above Median

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SSE:9509 Hokkaido Electric Power Co Inc SSE:9509
64 GF Score
Price 円1,075.00
GF Value 円784.83
! 7 Warning Signs
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What is Hokkaido Electric Power Co Cyclically Adjusted PS Ratio?

Hokkaido Electric Power Co SSE:9509 64 Cyclically Adjusted PS Ratio is 0.26 as of Aug. 24, 2026, which is 44% above its 10-year median of 0.18. GuruFocus rates SSE:9509 with a GF Score™ of 64/100 and a GF Value™ of 円784.83. The stock has 7 warning signs investors should review. Among 271 Utilities - Independent Power Producers companies, Hokkaido Electric Power Co ranks better than 86.35% on this metric.

As of today (2026-08-24), Hokkaido Electric Power Co's current share price is 円1075.00. Hokkaido Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,174.43. Hokkaido Electric Power Co's Cyclically Adjusted PS Ratio for today is 0.26.

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

SSE:9509' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.18   Max: 0.43
Current: 0.27

During the past years, Hokkaido Electric Power Co's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.11. And the median was 0.18.

SSE:9509's Cyclically Adjusted PS Ratio is ranked better than
86.35% of 271 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.64 vs SSE:9509: 0.27

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.

Hokkaido Electric Power Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,109.895. 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 円4,174.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokkaido Electric Power Co  (SSE:9509) 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.


Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Related Terms


Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hokkaido 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.

Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Chart

Hokkaido 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 0.14 0.13 0.22 0.19 0.26

Hokkaido Electric Power Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.27 0.26 0.26 0.00

Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Hokkaido 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.


Hokkaido Electric Power Co Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


SSE:9509
64GF Score
Hokkaido Electric Power Co Inc SSE:9509
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokkaido 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1075.00/4174.43
=0.26

* 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.

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

For example, Hokkaido 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)
=1109.895/112.7000*112.7000
=1,109.895

Current CPI (Mar. 2026) = 112.7000.

Hokkaido Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 825.573 98.100 948.441
201609 801.285 98.000 921.478
201612 833.586 98.400 954.727
201703 958.828 98.100 1,101.528
201706 842.021 98.500 963.409
201709 830.962 98.800 947.869
201712 859.644 99.400 974.667
201803 1,034.094 99.200 1,174.823
201806 864.401 99.200 982.036
201809 844.038 99.900 952.183
201812 873.821 99.700 987.760
201903 1,077.991 99.700 1,218.552
201906 868.945 99.800 981.264
201909 831.444 100.100 936.101
201912 855.069 100.500 958.868
202003 1,086.607 100.300 1,220.943
202006 636.879 99.900 718.481
202009 615.094 99.900 693.905
202012 646.031 99.300 733.209
202103 949.975 99.900 1,071.694
202106 624.087 99.500 706.880
202109 707.830 100.100 796.927
202112 577.962 100.100 650.712
202203 1,082.293 101.100 1,206.473
202206 857.369 101.800 949.170
202209 1,025.214 103.100 1,120.675
202212 1,152.471 104.100 1,247.680
202303 1,290.850 104.400 1,393.475
202306 1,109.503 105.200 1,188.603
202309 1,122.319 106.200 1,191.011
202312 1,105.649 106.800 1,166.729
202403 1,306.349 107.200 1,373.373
202406 975.592 108.200 1,016.167
202409 1,042.972 108.900 1,079.366
202412 1,096.968 110.700 1,116.787
202503 1,245.099 111.100 1,263.030
202506 974.945 111.700 983.673
202509 1,020.030 112.000 1,026.405
202512 980.163 113.000 977.561
202603 1,109.895 112.700 1,109.895

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 0.26 mean?
Hokkaido Electric Power Co (SSE:9509) has a Cyclically Adjusted PS Ratio of 0.26 as of Aug. 24, 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 Hokkaido Electric Power Co and its competitors. This is 44% above median its historical median of 0.18. Over the past decade, Hokkaido Electric Power Co's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.43. According to the industry distribution chart, Hokkaido Electric Power Co ranks #37 out of 271 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.7%.
Is Hokkaido Electric Power Co's Cyclically Adjusted PS Ratio too high?
Hokkaido Electric Power Co's current Cyclically Adjusted PS Ratio of 0.26 is 44% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.43. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.64. Hokkaido Electric Power Co's value of 0.26 is 84.1% below this industry median. Based on the distribution chart, Hokkaido Electric Power Co ranks #37 out of 271 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkaido Electric Power Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Electric Power Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hokkaido Electric Power Co ranks #37 out of 271 companies for Cyclically Adjusted PS Ratio. This places Hokkaido Electric Power Co in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.64. Hokkaido Electric Power Co's value of 0.26 is 84.1% below this benchmark. Historically, Hokkaido Electric Power Co's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.43 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.64, Hokkaido 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.64, based on 271 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. Hokkaido Electric Power Co's current Cyclically Adjusted PS Ratio of 0.26 is 84.1% 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 Hokkaido Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Electric Power Co's current Cyclically Adjusted PS Ratio is 0.26, which is 44% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Electric Power Co stock overvalued right now?
Hokkaido Electric Power Co (SSE:9509) has a current Cyclically Adjusted PS Ratio of 0.26. The stock's GF Value™ is 円784.83, compared to a current price of 円1,075.00 — trading 37% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 44% above median its 10-year median of 0.18 and 84.1% below the Utilities - Independent Power Producers industry median of 1.64. Hokkaido Electric Power Co's overall GF Score™ is 64/100 with 7 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 Hokkaido Electric Power Co (SSE:9509), the current Cyclically Adjusted PS Ratio is 0.26 as of Aug. 24, 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 Hokkaido Electric Power Co (SSE:9509) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkaido Electric Power Co stock appears to be overvalued. The current stock price of 円1,075.00 is trading 37% above its estimated GF Value™ of 円784.83.

Key valuation signals for SSE:9509:

  • Cyclically Adjusted PS Ratio: 0.26 (44% above median its 10-year median of 0.18)
  • GF Value™: 円784.83 vs. price of 円1,075.00 (37% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 84.1% below the Utilities - Independent Power Producers median (#37 of 271)

No single metric tells the full story. See the SSE:9509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkaido Electric Power Co Business Description

Address 2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677
Hokkaido Electric Power Co Inc is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While majority of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Electrical output, however, is transmitted to residential customers.
64GF Score

Get the complete analysis for SSE:9509

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

円1,075.00
Price
円784.83
GF Value