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Fuji Electric Co (Fuji Electric Co) Cyclically Adjusted PB Ratio : 2.31 (As of Jun. 02, 2024)


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What is Fuji Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Fuji Electric Co's current share price is $40.51. Fuji Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $17.56. Fuji Electric Co's Cyclically Adjusted PB Ratio for today is 2.31.

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

FELTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.32   Max: 3.99
Current: 3.55

During the past years, Fuji Electric Co's highest Cyclically Adjusted PB Ratio was 3.99. The lowest was 1.19. And the median was 2.32.

FELTF's Cyclically Adjusted PB Ratio is ranked worse than
72.38% of 2154 companies
in the Industrial Products industry
Industry Median: 1.88 vs FELTF: 3.55

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 Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was $26.675. 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 $17.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuji Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fuji Electric 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.

Fuji Electric Co Cyclically Adjusted PB Ratio Chart

Fuji Electric 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 1.41 2.44 2.91 2.16 -

Fuji Electric 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 2.16 2.53 2.63 2.31 -

Competitive Comparison of Fuji Electric Co's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Fuji Electric 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 Electric Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Fuji Electric 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.

Fuji Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.51/17.56
=2.31

* 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.

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

For example, Fuji Electric 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)
=26.675/106.8000*106.8000
=26.675

Current CPI (Dec. 2023) = 106.8000.

Fuji Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.534 95.700 17.336
201406 14.935 98.000 16.276
201409 14.448 98.500 15.665
201412 13.780 97.900 15.033
201503 16.878 97.900 18.412
201506 15.961 98.400 17.324
201509 15.148 98.500 16.424
201512 15.496 98.100 16.870
201603 14.279 97.900 15.577
201606 14.154 98.100 15.409
201609 15.668 98.000 17.075
201612 15.189 98.400 16.486
201703 18.052 98.100 19.653
201706 18.783 98.500 20.366
201709 19.529 98.800 21.110
201712 19.553 99.400 21.009
201803 21.825 99.200 23.497
201806 20.688 99.200 22.273
201809 21.128 99.900 22.587
201812 20.103 99.700 21.535
201903 22.229 99.700 23.812
201906 22.377 99.800 23.947
201909 22.946 100.100 24.482
201912 23.265 100.500 24.723
202003 23.773 100.300 25.314
202006 24.568 99.900 26.265
202009 25.648 99.900 27.419
202012 25.836 99.300 27.787
202103 26.857 99.900 28.712
202106 27.108 99.500 29.097
202109 27.341 100.100 29.171
202112 26.857 100.100 28.655
202203 27.921 101.100 29.495
202206 25.024 101.800 26.253
202209 23.901 103.100 24.759
202212 25.077 104.100 25.727
202303 27.084 104.400 27.707
202306 26.217 105.200 26.616
202309 25.623 106.200 25.768
202312 26.675 106.800 26.675

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.


Fuji Electric Co  (OTCPK:FELTF) 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.


Fuji Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Fuji Electric Co (Fuji Electric Co) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
Fuji Electric is a Japanese electrical equipment manufacturer and distributor that operates through five main segments: power electronic systems energy, power electronic systems energy industry, electronic devices, food and beverage distribution, and power generation. The main revenue drivers, power electronic systems energy and industry, include energy management, factory automation, and IT solutions. Electronic devices includes the manufacture and sale of semiconductors and magnetic disks. Food and beverage distribution offers vending machines across the world. The power generation segment provides design, manufacturing and on-site installation services. The firm generates most of its revenue in Asia, with some derived from Europe and the Americas.

Fuji Electric Co (Fuji Electric Co) Headlines

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