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Chubu Electric Power Co (FRA:0C2) Cyclically Adjusted Book per Share : €16.22 (As of Dec. 2023)


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What is Chubu 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.

Chubu Electric Power Co's adjusted book value per share for the three months ended in Dec. 2023 was €21.417. 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 €16.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chubu 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 Chubu Electric Power Co was 3.50% per year. The lowest was 1.30% per year. And the median was 1.85% per year.

As of today (2024-06-13), Chubu Electric Power Co's current stock price is €11.80. Chubu Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €16.22. Chubu Electric Power Co's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chubu Electric Power Co was 0.85. The lowest was 0.49. And the median was 0.68.


Chubu Electric Power Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chubu 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.

Chubu Electric Power Co Cyclically Adjusted Book per Share Chart

Chubu 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 18.09 16.73 16.90 16.54 -

Chubu 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 16.54 15.46 16.03 16.22 -

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

For the Utilities - Diversified subindustry, Chubu 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.


Chubu Electric Power Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Chubu 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, Chubu 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)
=21.417/106.8000*106.8000
=21.417

Current CPI (Dec. 2023) = 106.8000.

Chubu Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.065 95.700 14.580
201406 13.394 98.000 14.597
201409 13.747 98.500 14.905
201412 12.891 97.900 14.063
201503 14.886 97.900 16.239
201506 14.793 98.400 16.056
201509 15.743 98.500 17.070
201512 15.856 98.100 17.262
201603 16.800 97.900 18.327
201606 18.212 98.100 19.827
201609 19.744 98.000 21.517
201612 18.326 98.400 19.890
201703 18.429 98.100 20.063
201706 17.921 98.500 19.431
201709 17.340 98.800 18.744
201712 17.218 99.400 18.500
201803 17.481 99.200 18.820
201806 17.851 99.200 19.219
201809 18.107 99.900 19.358
201812 18.271 99.700 19.572
201903 18.716 99.700 20.049
201906 19.989 99.800 21.391
201909 20.989 100.100 22.394
201912 20.614 100.500 21.906
202003 21.053 100.300 22.417
202006 20.787 99.900 22.223
202009 20.995 99.900 22.445
202012 21.008 99.300 22.595
202103 20.758 99.900 22.192
202106 20.663 99.500 22.179
202109 21.297 100.100 22.722
202112 20.750 100.100 22.139
202203 20.427 101.100 21.579
202206 19.912 101.800 20.890
202209 19.994 103.100 20.712
202212 19.300 104.100 19.801
202303 19.044 104.400 19.482
202306 20.084 105.200 20.389
202309 21.293 106.200 21.413
202312 21.417 106.800 21.417

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


Chubu Electric Power Co  (FRA:0C2) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.80/16.22
=0.73

* 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 Chubu Electric Power Co was 0.85. The lowest was 0.49. And the median was 0.68.


Be Aware

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


Chubu Electric Power Co Cyclically Adjusted Book per Share Related Terms

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


Chubu Electric Power Co (FRA:0C2) Business Description

Traded in Other Exchanges
Address
1, Higashi-shincho, Higashi-ku, Aichi, Nagoya, JPN, 461-8680
Chubu Electric Power Co Inc is a Japanese electric utilities firm that operates in the Chubu region in central Japan. This region is one of Japan's largest manufacturing areas and home to a variety of Japanese industries. Primarily, the company generates, distributes, and sells electricity, natural gas, and on-site energy products and services. Secondarily, the firm provides overseas consulting, investment, and IT services. The company's chief segments include Electric Power, which supplies electric power to residential, commercial, and industrial customers, and Energy, which sells natural gas and operates cogeneration facilities.

Chubu Electric Power Co (FRA:0C2) Headlines

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