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Fuji Electric Co (Fuji Electric Co) Cyclically Adjusted PB Ratio : 3.48 (As of Apr. 30, 2024)


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What is Fuji Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Fuji Electric Co's current share price is $15.99. Fuji Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.60. Fuji Electric Co's Cyclically Adjusted PB Ratio for today is 3.48.

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

FELTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.32   Max: 3.99
Current: 3.76

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.

FELTY's Cyclically Adjusted PB Ratio is ranked worse than
77.3% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs FELTY: 3.76

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 $6.669. 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 $4.60 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
=15.99/4.6
=3.48

* 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)
=6.669/106.8000*106.8000
=6.669

Current CPI (Dec. 2023) = 106.8000.

Fuji Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.884 95.700 4.334
201406 3.734 98.000 4.069
201409 3.612 98.500 3.916
201412 3.445 97.900 3.758
201503 4.219 97.900 4.603
201506 3.990 98.400 4.331
201509 3.787 98.500 4.106
201512 3.874 98.100 4.218
201603 3.570 97.900 3.895
201606 3.539 98.100 3.853
201609 3.917 98.000 4.269
201612 3.797 98.400 4.121
201703 4.513 98.100 4.913
201706 4.696 98.500 5.092
201709 4.882 98.800 5.277
201712 4.888 99.400 5.252
201803 5.456 99.200 5.874
201806 5.172 99.200 5.568
201809 5.282 99.900 5.647
201812 5.026 99.700 5.384
201903 5.557 99.700 5.953
201906 5.594 99.800 5.986
201909 5.737 100.100 6.121
201912 5.816 100.500 6.181
202003 5.943 100.300 6.328
202006 6.142 99.900 6.566
202009 6.412 99.900 6.855
202012 6.459 99.300 6.947
202103 6.714 99.900 7.178
202106 6.777 99.500 7.274
202109 6.835 100.100 7.292
202112 6.714 100.100 7.163
202203 6.980 101.100 7.374
202206 6.256 101.800 6.563
202209 5.975 103.100 6.189
202212 6.269 104.100 6.432
202303 6.771 104.400 6.927
202306 6.554 105.200 6.654
202309 6.406 106.200 6.442
202312 6.669 106.800 6.669

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:FELTY) 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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