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Chubu Electric Power Co (FRA:0C2) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 12, 2024)


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What is Chubu Electric Power Co Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Chubu Electric Power Co's current share price is €11.60. 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 for today is 0.72.

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

FRA:0C2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.68   Max: 0.85
Current: 0.77

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.

FRA:0C2's Cyclically Adjusted PB Ratio is ranked better than
74.78% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs FRA:0C2: 0.77

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 €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.

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
=11.60/16.22
=0.72

* 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)
=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.

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  (FRA:0C2) 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 (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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