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Chubu Electric Power Co (Chubu Electric Power Co) Cyclically Adjusted PB Ratio : 0.75 (As of May. 28, 2024)


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What is Chubu Electric Power Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Chubu Electric Power Co's current share price is $12.85. Chubu Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $17.18. Chubu Electric Power Co's Cyclically Adjusted PB Ratio for today is 0.75.

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

CHUEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.68   Max: 0.85
Current: 0.78

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

CHUEF's Cyclically Adjusted PB Ratio is ranked better than
75.5% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs CHUEF: 0.78

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 adjusted book value per share data for the three months ended in Dec. 2023 was $23.356. 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 $17.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chubu Electric Power Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chubu Electric Power Co's Cyclically Adjusted PB 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.

* Premium members only.

Chubu Electric Power Co Cyclically Adjusted PB Ratio Chart

Chubu Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.64 0.55 0.57 -

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 PB 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 0.57 0.71 0.75 0.70 -

Competitive Comparison of Chubu Electric Power Co's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.85/17.18
=0.75

* 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.

Chubu Electric Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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)
=23.356/106.8000*106.8000
=23.356

Current CPI (Dec. 2023) = 106.8000.

Chubu Electric Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.070 95.700 20.166
201406 18.198 98.000 19.832
201409 17.715 98.500 19.208
201412 15.895 97.900 17.340
201503 16.110 97.900 17.575
201506 16.603 98.400 18.020
201509 17.669 98.500 19.158
201512 17.272 98.100 18.804
201603 18.709 97.900 20.410
201606 20.463 98.100 22.278
201609 22.159 98.000 24.149
201612 19.332 98.400 20.982
201703 19.711 98.100 21.459
201706 20.136 98.500 21.833
201709 20.667 98.800 22.340
201712 20.377 99.400 21.894
201803 21.555 99.200 23.206
201806 20.854 99.200 22.452
201809 21.128 99.900 22.587
201812 20.786 99.700 22.266
201903 21.148 99.700 22.654
201906 22.587 99.800 24.171
201909 23.116 100.100 24.663
201912 22.905 100.500 24.341
202003 23.263 100.300 24.771
202006 23.409 99.900 25.026
202009 24.729 99.900 26.437
202012 25.557 99.300 27.487
202103 24.711 99.900 26.418
202106 24.895 99.500 26.721
202109 25.056 100.100 26.733
202112 23.446 100.100 25.015
202203 22.497 101.100 23.765
202206 21.049 101.800 22.083
202209 19.796 103.100 20.506
202212 20.445 104.100 20.975
202303 20.390 104.400 20.859
202306 21.759 105.200 22.090
202309 22.724 106.200 22.852
202312 23.356 106.800 23.356

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


Chubu Electric Power Co  (OTCPK:CHUEF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Chubu Electric Power Co Cyclically Adjusted PB Ratio Related Terms

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Chubu Electric Power Co (Chubu Electric Power Co) 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 (Chubu Electric Power Co) Headlines