Tokyo Electric Power Co Holdings (TSE:9501) Cyclically Adjusted PS Ratio: 0.12 (As of Jul. 29, 2026) — Near Median

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TSE:9501 Tokyo Electric Power Co Holdings TSE:9501
55 GF Score
Price 円533.70
GF Value 円609.19
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tokyo Electric Power Co Holdings Cyclically Adjusted PS Ratio?

Tokyo Electric Power Co Holdings TSE:9501 +1.93% 55 Cyclically Adjusted PS Ratio is 0.12 as of Jul. 29, 2026, which is at its 10-year median of 0.12. GuruFocus rates TSE:9501 with a GF Score™ of 55/100 and a GF Value™ of 円609.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Tokyo Electric Power Co Holdings ranks better than 94.07% on this metric.

As of today (2026-07-29), Tokyo Electric Power Co Holdings's current share price is 円533.70. Tokyo Electric Power Co Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,313.10. Tokyo Electric Power Co Holdings's Cyclically Adjusted PS Ratio for today is 0.12.

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

TSE:9501' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.25
Current: 0.12

During the past years, Tokyo Electric Power Co Holdings's highest Cyclically Adjusted PS Ratio was 0.25. The lowest was 0.07. And the median was 0.12.

TSE:9501's Cyclically Adjusted PS Ratio is ranked better than
94.07% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.69 vs TSE:9501: 0.12

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.

Tokyo Electric Power Co Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,071.225. 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4,313.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Electric Power Co Holdings  (TSE:9501) 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.


Tokyo Electric Power Co Holdings Cyclically Adjusted PS Ratio Related Terms


Tokyo Electric Power Co Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings Cyclically Adjusted PS Ratio Chart

Tokyo Electric Power Co Holdings 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 0.10 0.12 0.22 0.10 0.15

Tokyo Electric Power Co Holdings 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 0.10 0.11 0.16 0.15 0.15

Tokyo Electric Power Co Holdings Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.


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

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

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


TSE:9501
55GF Score
Tokyo Electric Power Co Holdings TSE:9501
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Electric Power Co Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=533.70/4313.10
=0.12

* 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.

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

For example, Tokyo Electric Power Co Holdings'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)
=1071.225/112.7000*112.7000
=1,071.225

Current CPI (Mar. 2026) = 112.7000.

Tokyo Electric Power Co Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 789.468 98.100 906.963
201609 860.256 98.000 989.294
201612 770.325 98.400 882.273
201703 923.711 98.100 1,061.185
201706 819.663 98.500 937.828
201709 947.599 98.800 1,080.915
201712 858.023 99.400 972.829
201803 1,026.359 99.200 1,166.035
201806 845.078 99.200 960.084
201809 1,061.985 99.900 1,198.055
201812 934.693 99.700 1,056.569
201903 1,114.252 99.700 1,259.541
201906 938.713 99.800 1,060.050
201909 1,043.323 100.100 1,174.650
201912 912.676 100.500 1,023.469
202003 1,000.763 100.300 1,124.486
202006 837.172 99.900 944.437
202009 931.773 99.900 1,051.159
202012 792.453 99.300 899.390
202103 1,100.320 99.900 1,241.302
202106 611.710 99.500 692.861
202109 768.117 100.100 864.803
202112 806.890 100.100 908.457
202203 1,127.460 101.100 1,256.822
202206 957.526 101.800 1,060.051
202209 1,344.280 103.100 1,469.451
202212 1,304.739 104.100 1,412.527
202303 1,456.748 104.400 1,572.562
202306 1,008.122 105.200 1,079.994
202309 1,185.006 106.200 1,257.535
202312 993.272 106.800 1,048.144
202403 1,131.835 107.200 1,189.905
202406 931.638 108.200 970.384
202409 1,162.497 108.900 1,203.062
202412 1,003.941 110.700 1,022.079
202503 1,152.914 111.100 1,169.518
202506 889.544 111.700 897.508
202509 1,076.827 112.000 1,083.557
202512 912.481 113.000 910.058
202603 1,071.225 112.700 1,071.225

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 0.12 mean?
Tokyo Electric Power Co Holdings (TSE:9501) has a Cyclically Adjusted PS Ratio of 0.12 as of Jul. 29, 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 Tokyo Electric Power Co Holdings and its competitors. This is near median its historical median of 0.12. Over the past decade, Tokyo Electric Power Co Holdings' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.25. According to the industry distribution chart, Tokyo Electric Power Co Holdings ranks #16 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 5.9%.
Is Tokyo Electric Power Co Holdings' Cyclically Adjusted PS Ratio too high?
Tokyo Electric Power Co Holdings' current Cyclically Adjusted PS Ratio of 0.12 is near median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.25. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Tokyo Electric Power Co Holdings' value of 0.12 is 92.9% below this industry median. Based on the distribution chart, Tokyo Electric Power Co Holdings ranks #16 out of 270 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo Electric Power Co Holdings has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electric Power Co Holdings' Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tokyo Electric Power Co Holdings ranks #16 out of 270 companies for Cyclically Adjusted PS Ratio. This places Tokyo Electric Power Co Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.69. Tokyo Electric Power Co Holdings' value of 0.12 is 92.9% below this benchmark. Historically, Tokyo Electric Power Co Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.25 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.69, Tokyo Electric Power Co Holdings 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 1.69, based on 270 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. Tokyo Electric Power Co Holdings's current Cyclically Adjusted PS Ratio of 0.12 is 92.9% 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 Tokyo Electric Power Co Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electric Power Co Holdings's current Cyclically Adjusted PS Ratio is 0.12, which is near median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electric Power Co Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electric Power Co Holdings (TSE:9501) is currently considered Modestly Undervalued. The stock's GF Value™ is 円609.19, compared to a current price of 円533.70 — trading 12.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is near median its 10-year median of 0.12 and 92.9% below the Utilities - Independent Power Producers industry median of 1.69. Tokyo Electric Power Co Holdings' overall GF Score™ is 55/100 with 6 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 Tokyo Electric Power Co Holdings (TSE:9501), the current Cyclically Adjusted PS Ratio is 0.12 as of Jul. 29, 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 Tokyo Electric Power Co Holdings (TSE:9501) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electric Power Co Holdings stock appears to be undervalued. The current stock price of 円533.70 is trading 12.4% below its estimated GF Value™ of 円609.19. GuruFocus considers Tokyo Electric Power Co Holdings to be Modestly Undervalued.

Key valuation signals for TSE:9501:

  • Cyclically Adjusted PS Ratio: 0.12 (near median its 10-year median of 0.12)
  • GF Value™: 円609.19 vs. price of 円533.70 (12.4% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 92.9% below the Utilities - Independent Power Producers median (#16 of 270)

No single metric tells the full story. See the TSE:9501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Electric Power Co Holdings Business Description

Address 1-1-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-8560
Tokyo Electric Power Co Holdings is a Japan-based company engaged in the generation and distribution of electric power. The company operates through five segments. The Energy Partner segment provides optimal total solutions, customer services, and low-cost power procurement. The Fuel & Power segment focuses on thermal power generation, fuel procurement, and related investments. The Holdings segment provides management support, shared services, and oversees nuclear power operations. The Power Grid segment handles electricity transmission, transformation, distribution, and related facility construction and maintenance. The Renewable Power segment generates and sells renewable energy, manages facilities, and develops new renewable projects in Japan and overseas.
55GF Score

Get the complete analysis for TSE:9501

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

円533.70
Price
円609.19
GF Value