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Fujikura (TSE:5803) Cyclically Adjusted PB Ratio : 3.93 (As of Jun. 09, 2024)


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What is Fujikura Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Fujikura's current share price is 円3158.00. Fujikura's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円804.40. Fujikura's Cyclically Adjusted PB Ratio for today is 3.93.

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

TSE:5803' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.04   Max: 4.01
Current: 3.93

During the past years, Fujikura's highest Cyclically Adjusted PB Ratio was 4.01. The lowest was 0.40. And the median was 1.04.

TSE:5803's Cyclically Adjusted PB Ratio is ranked worse than
76.99% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs TSE:5803: 3.93

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.

Fujikura's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,127.222. 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804.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujikura Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujikura'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.

Fujikura Cyclically Adjusted PB Ratio Chart

Fujikura 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 0.48 0.82 0.91 1.25 -

Fujikura 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 1.25 1.56 1.52 1.35 -

Competitive Comparison of Fujikura's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Fujikura'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.


Fujikura's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujikura's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujikura 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.

Fujikura's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3158.00/804.4
=3.93

* 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.

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

For example, Fujikura'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)
=1127.222/106.8000*106.8000
=1,127.222

Current CPI (Dec. 2023) = 106.8000.

Fujikura Quarterly Data

Book Value per Share CPI Adj_Book
201403 589.798 95.700 658.207
201406 591.087 98.000 644.164
201409 633.626 98.500 687.018
201412 686.636 97.900 749.057
201503 707.089 97.900 771.370
201506 730.666 98.400 793.040
201509 698.180 98.500 757.011
201512 726.971 98.100 791.442
201603 662.932 97.900 723.199
201606 760.183 98.100 827.600
201609 744.376 98.000 811.218
201612 851.123 98.400 923.780
201703 710.671 98.100 773.697
201706 731.025 98.500 792.624
201709 773.583 98.800 836.221
201712 804.759 99.400 864.671
201803 768.821 99.200 827.723
201806 763.100 99.200 821.563
201809 778.567 99.900 832.342
201812 759.184 99.700 813.248
201903 759.387 99.700 813.466
201906 726.385 99.800 777.334
201909 728.614 100.100 777.382
201912 735.454 100.500 781.557
202003 552.299 100.300 588.091
202006 555.600 99.900 593.975
202009 567.203 99.900 606.379
202012 584.236 99.300 628.363
202103 591.241 99.900 632.077
202106 614.774 99.500 659.878
202109 654.432 100.100 698.235
202112 709.214 100.100 756.684
202203 799.765 101.100 844.856
202206 877.905 101.800 921.024
202209 991.795 103.100 1,027.388
202212 994.037 104.100 1,019.819
202303 980.907 104.400 1,003.457
202306 1,062.150 105.200 1,078.304
202309 1,135.003 106.200 1,141.415
202312 1,127.222 106.800 1,127.222

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.


Fujikura  (TSE:5803) 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.


Fujikura Cyclically Adjusted PB Ratio Related Terms

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


Fujikura (TSE:5803) Business Description

Traded in Other Exchanges
Address
5-1 Kiba 1-chome, Koto-ku, Tokyo, JPN, 135-8512
Fujikura Ltd is a Japanese electrical equipment manufacturer. Its business is organized by product line in three major segments: power and telecommunications systems, which manufactures optical fibers, network equipment, and industrial, bare, aluminum, and enameled wires; electronics, which manufactures printed circuits, membrane switches, connectors, and sensors; and automotive products, which sells wire harnesses and other components for automobiles. The firm generates revenue in Japan, the Americas, Europe, and Asia-Pacific.

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