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Fuji Glass Co (TSE:5212) Cyclically Adjusted Book per Share : 円1,365.92 (As of Dec. 2023)


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What is Fuji Glass 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.

Fuji Glass Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,666.440. 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 円1,365.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fuji Glass Co's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Fuji Glass Co was 6.60% per year. The lowest was 4.70% per year. And the median was 5.30% per year.

As of today (2024-06-05), Fuji Glass Co's current stock price is 円1687.00. Fuji Glass Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,365.92. Fuji Glass Co's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuji Glass Co was 2.94. The lowest was 0.32. And the median was 0.81.


Fuji Glass Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fuji Glass 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.

Fuji Glass Co Cyclically Adjusted Book per Share Chart

Fuji Glass Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,015.77 1,062.94 1,117.70 1,185.30 1,287.42

Fuji Glass Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,267.28 1,287.42 1,314.49 1,342.98 1,365.92

Competitive Comparison of Fuji Glass Co's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Fuji Glass 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.


Fuji Glass Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fuji Glass Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fuji Glass Co's Cyclically Adjusted PB Ratio falls into.



Fuji Glass 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, Fuji Glass 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)
=1666.44/106.8000*106.8000
=1,666.440

Current CPI (Dec. 2023) = 106.8000.

Fuji Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 938.679 95.700 1,047.554
201406 946.313 98.000 1,031.288
201409 966.377 98.500 1,047.808
201412 981.653 97.900 1,070.894
201503 1,028.395 97.900 1,121.885
201506 1,042.795 98.400 1,131.814
201509 1,027.172 98.500 1,113.726
201512 1,074.851 98.100 1,170.174
201603 1,073.232 97.900 1,170.799
201606 1,084.259 98.100 1,180.417
201609 1,102.540 98.000 1,201.544
201612 1,103.587 98.400 1,197.796
201703 1,118.809 98.100 1,218.031
201706 1,123.451 98.500 1,218.117
201709 1,128.091 98.800 1,219.434
201712 1,176.278 99.400 1,263.848
201803 1,184.535 99.200 1,275.286
201806 1,233.783 99.200 1,328.307
201809 1,301.130 99.900 1,390.998
201812 1,228.461 99.700 1,315.944
201903 1,279.188 99.700 1,370.284
201906 1,274.002 99.800 1,363.361
201909 1,322.436 100.100 1,410.951
201912 1,367.635 100.500 1,453.367
202003 1,341.894 100.300 1,428.856
202006 1,397.007 99.900 1,493.497
202009 1,462.768 99.900 1,563.800
202012 1,493.308 99.300 1,606.096
202103 1,459.555 99.900 1,560.365
202106 1,394.597 99.500 1,496.914
202109 1,456.298 100.100 1,553.772
202112 1,434.617 100.100 1,530.640
202203 1,398.780 101.100 1,477.643
202206 1,474.799 101.800 1,547.235
202209 1,582.111 103.100 1,638.889
202212 1,630.907 104.100 1,673.207
202303 1,669.299 104.400 1,707.674
202306 1,685.216 105.200 1,710.847
202309 1,657.958 106.200 1,667.325
202312 1,666.440 106.800 1,666.440

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


Fuji Glass Co  (TSE:5212) 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.

Fuji Glass Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1687.00/1365.92
=1.24

* 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 Fuji Glass Co was 2.94. The lowest was 0.32. And the median was 0.81.


Be Aware

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


Fuji Glass Co Cyclically Adjusted Book per Share Related Terms

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


Fuji Glass Co (TSE:5212) Business Description

Traded in Other Exchanges
N/A
Address
2-15-9, Bunka, Sumida Ku, Tokyo, JPN, 131 0044
Fuji Glass Co Ltd is a Japan-based manufacturer and seller of glass containers. Its products are used for medical purposes. Its product portfolio includes Ampoule, Vial, Test Tube, and Silicort, among others.

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