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Kansai Electric Power Co (TSE:9503) Cyclically Adjusted Book per Share : 円1,787.52 (As of Dec. 2023)


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What is Kansai Electric Power Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Kansai Electric Power Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,420.332. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,787.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kansai Electric Power Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kansai Electric Power Co was 1.20% per year. The lowest was -0.90% per year. And the median was -0.60% per year.

As of today (2024-05-15), Kansai Electric Power Co's current stock price is 円2388.50. Kansai Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,787.52. Kansai Electric Power Co's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kansai Electric Power Co was 1.40. The lowest was 0.52. And the median was 0.77.


Kansai Electric Power Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kansai Electric Power Co's Cyclically Adjusted Book per Share 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.

Kansai Electric Power Co Cyclically Adjusted Book per Share Chart

Kansai Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,629.64 1,602.29 1,609.53 1,687.52 -

Kansai 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 Book per Share 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 1,687.52 1,718.11 1,756.13 1,787.52 -

Competitive Comparison of Kansai Electric Power Co's Cyclically Adjusted Book per Share

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


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

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

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



Kansai Electric Power Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

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

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2420.332/106.8000*106.8000
=2,420.332

Current CPI (Dec. 2023) = 106.8000.

Kansai Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,330.474 95.700 1,484.792
201406 1,298.515 98.000 1,415.116
201409 1,331.074 98.500 1,443.236
201412 1,252.333 97.900 1,366.181
201503 1,159.524 97.900 1,264.935
201506 1,254.115 98.400 1,361.174
201509 1,304.812 98.500 1,414.761
201512 1,307.557 98.100 1,423.518
201603 1,319.323 97.900 1,439.261
201606 1,355.901 98.100 1,476.149
201609 1,439.008 98.000 1,568.225
201612 1,485.981 98.400 1,612.833
201703 1,480.456 98.100 1,611.750
201706 1,498.159 98.500 1,624.400
201709 1,598.392 98.800 1,727.816
201712 1,625.207 99.400 1,746.198
201803 1,627.660 99.200 1,752.360
201806 1,638.065 99.200 1,763.562
201809 1,702.650 99.900 1,820.250
201812 1,651.643 99.700 1,769.263
201903 1,695.356 99.700 1,816.088
201906 1,719.951 99.800 1,840.589
201909 1,800.325 100.100 1,920.826
201912 1,811.017 100.500 1,924.543
202003 1,792.311 100.300 1,908.463
202006 1,818.126 99.900 1,943.702
202009 1,898.311 99.900 2,029.426
202012 1,883.877 99.300 2,026.164
202103 1,886.121 99.900 2,016.394
202106 1,882.693 99.500 2,020.820
202109 1,911.648 100.100 2,039.600
202112 1,866.557 100.100 1,991.491
202203 1,859.500 101.100 1,964.338
202206 1,873.537 101.800 1,965.557
202209 1,821.358 103.100 1,886.722
202212 1,838.218 104.100 1,885.895
202303 2,004.270 104.400 2,050.345
202306 2,241.129 105.200 2,275.215
202309 2,474.425 106.200 2,488.405
202312 2,420.332 106.800 2,420.332

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Kansai Electric Power Co  (TSE:9503) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kansai Electric Power Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2388.50/1787.52
=1.34

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kansai Electric Power Co was 1.40. The lowest was 0.52. And the median was 0.77.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kansai Electric Power Co Cyclically Adjusted Book per Share Related Terms

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


Kansai Electric Power Co (TSE:9503) Business Description

Traded in Other Exchanges
Address
36-16, Nakanoshima 3-chome, Kita-ku, Osaka, JPN, 530-8270
Kansai Electric Power Co Inc is an electric utility company that supplies power to the Kansai region of the Japanese archipelago. The company controls a portfolio of hydroelectric, thermal, nuclear, and solar power plants located in Kansai and in other countries throughout Southeast Asia. The vast majority of the energy produced by Kansai Electric comes from its thermal facilities. The company generates most of its revenue from the sale of electricity, heat, and gas to households and corporate customers. Kansai Electric's utility services, information technology, and real estate businesses also represent substantial revenue streams. The company provides energy to a significant percentage of the Japanese population.

Kansai Electric Power Co (TSE:9503) Headlines

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