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Hokkaido Electric Power Co (TSE:9509) Cyclically Adjusted PS Ratio : 0.39 (As of Jun. 06, 2024)


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What is Hokkaido Electric Power Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Hokkaido Electric Power Co's current share price is 円1464.00. Hokkaido Electric Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,794.13. Hokkaido Electric Power Co's Cyclically Adjusted PS Ratio for today is 0.39.

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

TSE:9509' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.16   Max: 0.43
Current: 0.43

During the past years, Hokkaido Electric Power Co's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.11. And the median was 0.16.

TSE:9509's Cyclically Adjusted PS Ratio is ranked better than
82.06% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.88 vs TSE:9509: 0.43

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.

Hokkaido Electric Power Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,103.913. 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 円3,794.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hokkaido 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.

Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Chart

Hokkaido 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 0.14 0.15 0.14 0.13 -

Hokkaido 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 0.13 0.16 0.17 0.16 -

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

For the Utilities - Renewable subindustry, Hokkaido 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.


Hokkaido 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, Hokkaido Electric Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hokkaido 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1464.00/3794.13
=0.39

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

For example, Hokkaido 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)
=1103.913/106.8000*106.8000
=1,103.913

Current CPI (Dec. 2023) = 106.8000.

Hokkaido Electric Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 901.739 95.700 1,006.329
201406 785.328 98.000 855.847
201409 766.935 98.500 831.560
201412 827.968 97.900 903.238
201503 990.703 97.900 1,080.767
201506 833.500 98.400 904.652
201509 824.568 98.500 894.049
201512 875.646 98.100 953.303
201603 989.150 97.900 1,079.073
201606 825.573 98.100 898.789
201609 801.285 98.000 873.237
201612 833.586 98.400 904.746
201703 958.828 98.100 1,043.862
201706 842.021 98.500 912.973
201709 830.962 98.800 898.246
201712 859.644 99.400 923.642
201803 1,034.094 99.200 1,113.319
201806 864.401 99.200 930.625
201809 844.038 99.900 902.335
201812 873.821 99.700 936.049
201903 1,077.991 99.700 1,154.759
201906 868.945 99.800 929.893
201909 831.444 100.100 887.095
201912 855.069 100.500 908.670
202003 1,086.607 100.300 1,157.025
202006 636.879 99.900 680.868
202009 615.094 99.900 657.578
202012 646.031 99.300 694.825
202103 949.975 99.900 1,015.589
202106 624.087 99.500 669.874
202109 707.830 100.100 755.207
202112 577.962 100.100 616.647
202203 1,082.293 101.100 1,143.312
202206 857.369 101.800 899.479
202209 1,025.214 103.100 1,062.006
202212 1,152.471 104.100 1,182.362
202303 1,290.850 104.400 1,320.525
202306 1,109.503 105.200 1,126.378
202309 1,122.319 106.200 1,128.660
202312 1,103.913 106.800 1,103.913

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.


Hokkaido Electric Power Co  (TSE:9509) 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.


Hokkaido Electric Power Co Cyclically Adjusted PS Ratio Related Terms

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


Hokkaido Electric Power Co (TSE:9509) Business Description

Traded in Other Exchanges
Address
2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677
Hokkaido Electric Power Co, Inc. or HEPCO, 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 Most 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. Most electrical output, however, is transmitted to residential customers.

Hokkaido Electric Power Co (TSE:9509) Headlines

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