Electric Power Development Co (TSE:9513) Cyclically Adjusted PS Ratio: 0.60 (As of Aug. 09, 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9513 Electric Power Development Co Ltd TSE:9513
52 GF Score
Price 円3,912.00
GF Value 円2,248.34
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Electric Power Development Co Cyclically Adjusted PS Ratio?

Electric Power Development Co TSE:9513 +1.24% 52 Cyclically Adjusted PS Ratio is 0.60 as of Aug. 09, 2026, which is 40% above its 10-year median of 0.43. GuruFocus rates TSE:9513 with a GF Score™ of 52/100 and a GF Value™ of 円2,248.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 272 Utilities - Independent Power Producers companies, Electric Power Development Co ranks better than 75% on this metric.

As of today (2026-08-09), Electric Power Development Co's current share price is 円3912.00. Electric Power Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円6,560.06. Electric Power Development Co's Cyclically Adjusted PS Ratio for today is 0.60.

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

TSE:9513' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.43   Max: 0.73
Current: 0.6

During the past years, Electric Power Development Co's highest Cyclically Adjusted PS Ratio was 0.73. The lowest was 0.30. And the median was 0.43.

TSE:9513's Cyclically Adjusted PS Ratio is ranked better than
75% of 272 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.67 vs TSE:9513: 0.60

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.

Electric Power Development Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,766.654. 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6,560.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electric Power Development Co  (TSE:9513) 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.


Electric Power Development Co Cyclically Adjusted PS Ratio Related Terms


Electric Power Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Electric Power Development 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.

Electric Power Development Co Cyclically Adjusted PS Ratio Chart

Electric Power Development 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 0.36 0.38 0.42 0.40 0.66

Electric Power Development 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 0.39 0.43 0.48 0.66 0.00

Electric Power Development Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Electric Power Development 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.


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

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

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


TSE:9513
52GF Score
Electric Power Development Co Ltd TSE:9513
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electric Power Development 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3912.00/6560.06
=0.60

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Electric Power Development 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)
=1766.654/112.7000*112.7000
=1,766.654

Current CPI (Mar. 2026) = 112.7000.

Electric Power Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 915.585 98.100 1,051.849
201609 978.011 98.000 1,124.713
201612 1,007.222 98.400 1,153.597
201703 1,165.840 98.100 1,339.349
201706 1,036.449 98.500 1,185.866
201709 1,204.507 98.800 1,373.967
201712 1,226.360 99.400 1,390.450
201803 1,210.392 99.200 1,375.113
201806 1,079.432 99.200 1,226.331
201809 1,238.450 99.900 1,397.130
201812 1,287.622 99.700 1,455.517
201903 1,296.817 99.700 1,465.910
201906 1,179.335 99.800 1,331.774
201909 1,344.214 100.100 1,513.416
201912 1,169.468 100.500 1,311.433
202003 1,298.953 100.300 1,459.541
202006 1,026.594 99.900 1,158.130
202009 1,205.349 99.900 1,359.788
202012 1,080.028 99.300 1,225.772
202103 1,654.708 99.900 1,866.723
202106 1,047.496 99.500 1,186.460
202109 1,311.503 100.100 1,476.587
202112 1,517.099 100.100 1,708.063
202203 2,049.233 101.100 2,284.358
202206 1,766.302 101.800 1,955.425
202209 2,821.550 103.100 3,084.274
202212 3,068.905 104.100 3,322.436
202303 2,408.154 104.400 2,599.607
202306 1,538.745 105.200 1,648.446
202309 1,965.040 106.200 2,085.311
202312 1,750.522 106.800 1,847.227
202403 1,624.938 107.200 1,708.307
202406 1,416.569 108.200 1,475.484
202409 2,087.071 108.900 2,159.898
202412 1,740.216 110.700 1,771.656
202503 1,956.068 111.100 1,984.238
202506 1,368.630 111.700 1,380.883
202509 1,761.543 112.000 1,772.553
202512 1,620.639 113.000 1,616.336
202603 1,766.654 112.700 1,766.654

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 0.60 mean?
Electric Power Development Co (TSE:9513) has a Cyclically Adjusted PS Ratio of 0.60 as of Aug. 09, 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 Electric Power Development Co and its competitors. This is 40% above median its historical median of 0.43. Over the past decade, Electric Power Development Co's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.73. According to the industry distribution chart, Electric Power Development Co ranks #68 out of 272 companies in the Utilities - Independent Power Producers industry, placing it in the top 25%.
Is Electric Power Development Co's Cyclically Adjusted PS Ratio too high?
Electric Power Development Co's current Cyclically Adjusted PS Ratio of 0.60 is 40% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.73. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.67. Electric Power Development Co's value of 0.60 is 64.1% below this industry median. Based on the distribution chart, Electric Power Development Co ranks #68 out of 272 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Electric Power Development Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electric Power Development Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Electric Power Development Co ranks #68 out of 272 companies for Cyclically Adjusted PS Ratio. This places Electric Power Development Co in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.67. Electric Power Development Co's value of 0.60 is 64.1% below this benchmark. Historically, Electric Power Development Co's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.73 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.67, Electric Power Development 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 1.67, based on 272 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. Electric Power Development Co's current Cyclically Adjusted PS Ratio of 0.60 is 64.1% 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 Electric Power Development Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electric Power Development Co's current Cyclically Adjusted PS Ratio is 0.60, which is 40% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Power Development Co stock overvalued right now?
Based on GuruFocus' analysis, Electric Power Development Co (TSE:9513) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,248.34, compared to a current price of 円3,912.00 — trading 74% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.60, which is 40% above median its 10-year median of 0.43 and 64.1% below the Utilities - Independent Power Producers industry median of 1.67. Electric Power Development Co's overall GF Score™ is 52/100 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 Electric Power Development Co (TSE:9513), the current Cyclically Adjusted PS Ratio is 0.60 as of Aug. 09, 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 Electric Power Development Co (TSE:9513) Overvalued in 2026?

Based on GuruFocus' analysis, Electric Power Development Co stock appears to be overvalued. The current stock price of 円3,912.00 is trading 74% above its estimated GF Value™ of 円2,248.34. GuruFocus considers Electric Power Development Co to be Significantly Overvalued.

Key valuation signals for TSE:9513:

  • Cyclically Adjusted PS Ratio: 0.60 (40% above median its 10-year median of 0.43)
  • GF Value™: 円2,248.34 vs. price of 円3,912.00 (74% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 64.1% below the Utilities - Independent Power Producers median (#68 of 272)

No single metric tells the full story. See the TSE:9513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electric Power Development Co Business Description

Other Exchanges FJG:Germany
Address 15-1 Ginza 6-chome, Chuo-ku, Tokyo, JPN, 104-8165
Electric Power Development Co Ltd is a Japanese electric utility company involved in the generation, transmission, distribution, and retail sale of energy. The company operates through four segments. The Power Generation segment covers hydro, thermal, and wind power generation, along with maintenance, operation, and electricity sales. The Power Transmission and Transformation segment focuses on grid and network operations. Electricity-related Businesses support generation and transmission activities to ensure smooth and efficient operations. The Overseas Business engages in power generation and related services abroad. It generates the majority of its revenue from the Power Generation Business segment.
52GF Score

Get the complete analysis for TSE:9513

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

円3,912.00
Price
円2,248.34
GF Value