Hokkaido Electric Power Co (SSE:9509) E10: 円135.47 (As of Mar. 2026)


SSE:9509 Hokkaido Electric Power Co Inc SSE:9509
68 GF Score
Price 円1,075.00
GF Value 円850.64
! 5 Warning Signs
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What is Hokkaido Electric Power Co E10?

Hokkaido Electric Power Co SSE:9509 68 E10 is 円135.47 as of Mar. 2026. GuruFocus rates SSE:9509 with a GF Score™ of 68/100 and a GF Value™ of 円850.64. The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Hokkaido Electric Power Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-27.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円135.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hokkaido Electric Power Co's average E10 Growth Rate was 9.50% per year. During the past 3 years, the average E10 Growth Rate was 82.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Hokkaido Electric Power Co was 82.90% per year. The lowest was 13.70% per year. And the median was 27.00% per year.

As of today (2026-07-06), Hokkaido Electric Power Co's current stock price is 円1075.00. Hokkaido Electric Power Co's E10 for the quarter that ended in Mar. 2026 was 円135.47. Hokkaido Electric Power Co's Shiller PE Ratio of today is 7.94.

During the past 13 years, the highest Shiller PE Ratio of Hokkaido Electric Power Co was 28.34. The lowest was 5.20. And the median was 9.02.


Hokkaido Electric Power Co  (SSE:9509) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Hokkaido Electric Power Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1075.00/135.47
=7.94

* 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 Shiller P/E Ratio of Hokkaido Electric Power Co was 28.34. The lowest was 5.20. And the median was 9.02.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Hokkaido Electric Power Co E10 Related Terms


Hokkaido Electric Power Co E10 Historical Data

* Premium members only.

The historical data trend for Hokkaido Electric Power Co's E10 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 E10 Chart

Hokkaido Electric Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.20 20.15 78.40 127.68 135.47

Hokkaido 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
E10 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 127.68 128.95 91.16 94.70 135.47

Hokkaido Electric Power Co E10 Competitor Comparison

For the Utilities - Renewable subindustry, Hokkaido Electric Power Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Hokkaido Electric Power Co's Shiller PE Ratio falls into.


SSE:9509
68GF Score
Hokkaido Electric Power Co Inc SSE:9509
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokkaido Electric Power Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Hokkaido Electric Power Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-27.64/112.7000*112.7000
=-27.640

Current CPI (Mar. 2026) = 112.7000.

Hokkaido Electric Power Co Quarterly Data

per share eps CPI Adj_EPS
201606 60.820 98.100 69.872
201609 -7.640 98.000 -8.786
201612 -37.670 98.400 -43.144
201703 18.580 98.100 21.345
201706 10.770 98.500 12.323
201709 11.370 98.800 12.970
201712 -11.220 99.400 -12.721
201803 60.920 99.200 69.211
201806 43.610 99.200 49.545
201809 0.920 99.900 1.038
201812 9.460 99.700 10.694
201903 47.940 99.700 54.191
201906 5.090 99.800 5.748
201909 30.070 100.100 33.855
201912 -11.610 100.500 -13.019
202003 99.610 100.300 111.925
202006 88.670 99.900 100.031
202009 25.400 99.900 28.654
202012 -32.980 99.300 -37.430
202103 88.000 99.900 99.275
202106 45.320 99.500 51.332
202109 36.390 100.100 40.971
202112 -44.230 100.100 -49.797
202203 -10.910 101.100 -12.162
202206 49.130 101.800 54.390
202209 -60.420 103.100 -66.046
202212 -96.200 104.100 -104.147
202303 -7.470 104.400 -8.064
202306 166.790 105.200 178.681
202309 78.220 106.200 83.007
202312 11.050 106.800 11.660
202403 59.380 107.200 62.427
202406 150.480 108.200 156.738
202409 92.930 108.900 96.173
202412 17.660 110.700 17.979
202503 44.830 111.100 45.476
202506 148.170 111.700 149.496
202509 66.720 112.000 67.137
202512 17.690 113.000 17.643
202603 -27.640 112.700 -27.640

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of 円135.47 mean?
Hokkaido Electric Power Co (SSE:9509) has a E10 of 円135.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hokkaido Electric Power Co and its competitors.
Is Hokkaido Electric Power Co's E10 too high?
Hokkaido Electric Power Co's current E10 is 円135.47. Overall, Hokkaido Electric Power Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Electric Power Co's E10 compare to competitors?
Hokkaido Electric Power Co's E10 of 円135.47 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hokkaido Electric Power Co and its competitors. Hokkaido Electric Power Co's current E10 is 円135.47. 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 E10 of 円135.47. The stock's GF Value™ is 円850.64, compared to a current price of 円1,075.00 — trading 26.4% above its estimated fair value. The current E10 is 円135.47. Hokkaido Electric Power Co's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Hokkaido Electric Power Co (SSE:9509), the current E10 is 円135.47 as of Mar. 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 26.4% above its estimated GF Value™ of 円850.64.

Key valuation signals for SSE:9509:

  • E10: 円135.47
  • GF Value™: 円850.64 vs. price of 円1,075.00 (26.4% above fair value)
  • GF Score™: 68/100 with 5 warning signs

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.
68GF Score

Get the complete analysis for SSE:9509

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,075.00
Price
円850.64
GF Value