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Tohoku Electric Power Co (FRA:TKT) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 06, 2024)


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What is Tohoku Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Tohoku Electric Power Co's current share price is €8.60. Tohoku Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €29.40. Tohoku Electric Power Co's Cyclically Adjusted PS Ratio for today is 0.29.

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

FRA:TKT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.24   Max: 0.4
Current: 0.34

During the past years, Tohoku Electric Power Co's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.14. And the median was 0.24.

FRA:TKT's Cyclically Adjusted PS Ratio is ranked better than
84.73% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs FRA:TKT: 0.34

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tohoku Electric Power Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €8.513. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €29.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tohoku Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tohoku Electric Power Co's Cyclically Adjusted PS 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.

Tohoku Electric Power Co Cyclically Adjusted PS Ratio Chart

Tohoku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.26 0.17 0.15 -

Tohoku 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 PS 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 0.15 0.19 0.21 0.20 -

Competitive Comparison of Tohoku Electric Power Co's Cyclically Adjusted PS Ratio

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


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

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

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



Tohoku Electric Power Co Cyclically Adjusted PS Ratio Calculation

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

Tohoku Electric Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.60/29.4
=0.29

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.513/106.8000*106.8000
=8.513

Current CPI (Dec. 2023) = 106.8000.

Tohoku Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.670 95.700 9.676
201406 7.200 98.000 7.847
201409 7.820 98.500 8.479
201412 7.139 97.900 7.788
201503 9.488 97.900 10.351
201506 7.348 98.400 7.975
201509 7.662 98.500 8.308
201512 7.369 98.100 8.023
201603 8.671 97.900 9.459
201606 7.323 98.100 7.972
201609 8.050 98.000 8.773
201612 7.165 98.400 7.777
201703 8.619 98.100 9.383
201706 7.175 98.500 7.780
201709 7.343 98.800 7.938
201712 7.077 99.400 7.604
201803 8.572 99.200 9.229
201806 7.205 99.200 7.757
201809 7.928 99.900 8.476
201812 8.040 99.700 8.613
201903 9.858 99.700 10.560
201906 8.080 99.800 8.647
201909 9.275 100.100 9.896
201912 8.018 100.500 8.521
202003 9.443 100.300 10.055
202006 7.968 99.900 8.518
202009 7.757 99.900 8.293
202012 7.580 99.300 8.153
202103 11.486 99.900 12.279
202106 6.044 99.500 6.487
202109 7.295 100.100 7.783
202112 8.179 100.100 8.726
202203 10.809 101.100 11.418
202206 7.887 101.800 8.274
202209 11.016 103.100 11.411
202212 11.093 104.100 11.381
202303 12.225 104.400 12.506
202306 8.273 105.200 8.399
202309 9.559 106.200 9.613
202312 8.513 106.800 8.513

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Tohoku Electric Power Co  (FRA:TKT) Cyclically Adjusted PS Ratio Explanation

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


Tohoku Electric Power Co Cyclically Adjusted PS Ratio Related Terms

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


Tohoku Electric Power Co (FRA:TKT) Business Description

Traded in Other Exchanges
Address
1-7-1 Honcho, Aoba-ku, Miyagi, Sendai, JPN, 980-8550
Tohoku Electric Power Co Inc is an electric utility company operating in and serving the Tohoku region of the Japanese archipelago. The country separates its activities into Electric power, Construction, and Other business segments. Almost all of the company's revenue comes from its Electric power business in the form of electricity sales. Tohoku Electric produces power through its portfolio of facilities utilizing nuclear, liquefied natural gas, coal, oil, hydro, geothermal, solar, and wind fuel sources. Most of the company's energy production comes from its thermal, non-renewable sites, which it then transmits and distributes to mainly residential customers. Tohoku Electric Power produces sizable amounts of Japan's total geothermal and wind energy output, as well.

Tohoku Electric Power Co (FRA:TKT) Headlines

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