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Fuji Co (TSE:8278) Cyclically Adjusted Book per Share : 円2,346.23 (As of Feb. 2024)


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What is Fuji 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 Co's adjusted book value per share for the three months ended in Feb. 2024 was 円2,490.601. 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2,346.23 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Fuji Co's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Co was 5.70% per year. The lowest was 3.60% per year. And the median was 4.60% per year.

As of today (2024-06-06), Fuji Co's current stock price is 円1974.00. Fuji Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円2,346.23. Fuji Co's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuji Co was 1.40. The lowest was 0.69. And the median was 0.98.


Fuji Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fuji 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 Co Cyclically Adjusted Book per Share Chart

Fuji Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,917.59 1,986.88 2,093.75 2,228.34 2,346.23

Fuji Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2,228.34 2,265.39 2,297.37 2,332.32 2,346.23

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

For the Department Stores subindustry, Fuji 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 Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fuji Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fuji 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 Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2490.601/106.9000*106.9000
=2,490.601

Current CPI (Feb. 2024) = 106.9000.

Fuji Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 1,791.170 98.100 1,951.846
201408 1,816.084 98.300 1,974.968
201411 1,827.054 97.900 1,995.016
201502 1,814.700 97.600 1,987.617
201505 1,936.359 98.700 2,097.232
201508 1,897.101 98.400 2,060.977
201511 1,928.762 98.100 2,101.780
201602 1,846.054 97.800 2,017.824
201605 1,892.116 98.200 2,059.747
201608 1,887.155 97.900 2,060.642
201611 1,940.842 98.600 2,104.219
201702 1,998.367 98.100 2,177.629
201705 2,045.961 98.600 2,218.187
201708 2,101.208 98.500 2,280.397
201711 2,149.056 99.100 2,318.205
201802 2,201.112 99.500 2,364.813
201805 2,225.204 99.300 2,395.512
201808 2,219.894 99.800 2,377.822
201811 2,242.207 100.000 2,396.919
201902 2,231.285 99.700 2,392.421
201905 2,266.468 100.000 2,422.854
201908 2,273.296 100.000 2,430.153
201911 2,313.161 100.500 2,460.467
202002 2,307.378 100.300 2,459.209
202005 2,332.313 100.100 2,490.752
202008 2,382.575 100.100 2,544.428
202011 2,438.469 99.500 2,619.822
202102 2,453.974 99.800 2,628.555
202105 2,474.351 99.400 2,661.048
202108 2,512.612 99.700 2,694.064
202111 2,518.872 100.100 2,689.984
202202 2,494.812 100.700 2,648.415
202205 2,369.719 101.800 2,488.438
202208 2,385.201 102.700 2,482.746
202211 2,377.379 103.900 2,446.023
202302 2,412.725 104.000 2,480.003
202305 2,419.808 105.100 2,461.251
202308 2,449.906 105.900 2,473.040
202311 2,443.630 106.900 2,443.630
202402 2,490.601 106.900 2,490.601

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


Fuji Co  (TSE:8278) 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 Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1974.00/2346.23
=0.84

* 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 Co was 1.40. The lowest was 0.69. And the median was 0.98.


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 Co Cyclically Adjusted Book per Share Related Terms

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


Fuji Co (TSE:8278) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1 No. 2-chome, Miyanishi, Matsuyama, JPN, 790-8567
Fuji Co Ltd is a Japan-based company primarily engaged in retail and retail-related business. It provides a wide range of merchandise, including foods, vegetables, apparel, cosmetics, groceries, and daily goods, as well as sale and rental of books, DVDs, and CDs. The retail-related business includes the manufacturing, processing, and sale of food products. The company also operates a real estate leasing business, a general travel business, and others. It is headquartered in Matsuyama, Japan.

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