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F.C.C. Co (TSE:7296) Cyclically Adjusted PB Ratio : 0.79 (As of May. 23, 2024)


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What is F.C.C. Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), F.C.C. Co's current share price is 円2161.00. F.C.C. Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円2,739.61. F.C.C. Co's Cyclically Adjusted PB Ratio for today is 0.79.

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

TSE:7296' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.82   Max: 1.88
Current: 0.79

During the past years, F.C.C. Co's highest Cyclically Adjusted PB Ratio was 1.88. The lowest was 0.53. And the median was 0.82.

TSE:7296's Cyclically Adjusted PB Ratio is ranked better than
68.87% of 938 companies
in the Vehicles & Parts industry
Industry Median: 1.285 vs TSE:7296: 0.79

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.

F.C.C. Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円3,725.387. 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2,739.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F.C.C. Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for F.C.C. Co'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.

F.C.C. Co Cyclically Adjusted PB Ratio Chart

F.C.C. Co 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 0.76 0.86 0.58 0.61 0.83

F.C.C. 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 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 0.61 0.72 0.71 0.65 0.83

Competitive Comparison of F.C.C. Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, F.C.C. 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.


F.C.C. Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, F.C.C. Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



F.C.C. Co 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.

F.C.C. Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2161.00/2739.61
=0.79

* 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.

F.C.C. Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F.C.C. Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3725.387/107.2000*107.2000
=3,725.387

Current CPI (Mar. 2024) = 107.2000.

F.C.C. Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,047.788 98.000 2,240.029
201409 2,139.820 98.500 2,328.819
201412 2,123.123 97.900 2,324.809
201503 2,195.519 97.900 2,404.082
201506 2,223.533 98.400 2,422.386
201509 2,186.214 98.500 2,379.311
201512 2,248.997 98.100 2,457.620
201603 2,132.170 97.900 2,334.715
201606 1,991.938 98.100 2,176.715
201609 2,007.460 98.000 2,195.915
201612 2,230.141 98.400 2,429.585
201703 2,224.108 98.100 2,430.422
201706 2,244.611 98.500 2,442.866
201709 2,316.262 98.800 2,513.191
201712 2,389.506 99.400 2,577.013
201803 2,337.422 99.200 2,525.924
201806 2,383.210 99.200 2,575.404
201809 2,477.395 99.900 2,658.426
201812 2,458.446 99.700 2,643.384
201903 2,533.303 99.700 2,723.872
201906 2,495.628 99.800 2,680.675
201909 2,544.171 100.100 2,724.627
201912 2,625.558 100.500 2,800.595
202003 2,432.564 100.300 2,599.909
202006 2,419.100 99.900 2,595.871
202009 2,419.261 99.900 2,596.044
202012 2,449.248 99.300 2,644.103
202103 2,621.146 99.900 2,812.681
202106 2,655.843 99.500 2,861.371
202109 2,700.582 100.100 2,892.132
202112 2,763.274 100.100 2,959.270
202203 2,950.077 101.100 3,128.074
202206 3,133.107 101.800 3,299.303
202209 3,248.394 103.100 3,377.574
202212 3,078.562 104.100 3,170.239
202303 3,218.629 104.400 3,304.952
202306 3,441.181 105.200 3,506.603
202309 3,569.459 106.200 3,603.070
202312 3,504.376 106.800 3,517.501
202403 3,725.387 107.200 3,725.387

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.


F.C.C. Co  (TSE:7296) 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.


F.C.C. Co Cyclically Adjusted PB Ratio Related Terms

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F.C.C. Co (TSE:7296) Business Description

Traded in Other Exchanges
N/A
Address
7000-36 Nakagawa, Hosoe-cho Kita-ku Hamamatsu-shi, Shizuoka-ken, JPN, 431-1394
F.C.C. Co Ltd is a manufacturer of clutches for automobiles and motorcycles. The company operates two business segments: motorcycle clutches and automobile clutches. In its motorcycle clutches division, F.C.C. manufactures and sells motorcycle, scooter, all-terrain vehicle, and general purpose clutches. The automotive clutches division is in the business of producing and selling clutches for automatic and manual transmission vehicles. Its main customers are Honda Motor and Ford, and its largest end markets are the United States. The remaining operations are located in the Asia-Pacific region.

F.C.C. Co (TSE:7296) Headlines

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