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FUJI Media Holdings (FUJI Media Holdings) Cyclically Adjusted Book per Share : $23.81 (As of Dec. 2023)


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What is FUJI Media Holdings 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 Media Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $27.115. 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 $23.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, FUJI Media Holdings's average Cyclically Adjusted Book Growth Rate was 5.90% 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 5.10% 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 Media Holdings was 5.70% per year. The lowest was 4.40% per year. And the median was 4.90% per year.

As of today (2024-04-27), FUJI Media Holdings's current stock price is $13.29. FUJI Media Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $23.81. FUJI Media Holdings's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FUJI Media Holdings was 0.80. The lowest was 0.32. And the median was 0.46.


FUJI Media Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for FUJI Media Holdings'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 Media Holdings Cyclically Adjusted Book per Share Chart

FUJI Media Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.92 20.51 21.68 25.90 24.67

FUJI Media Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.07 24.67 22.23 21.67 23.81

Competitive Comparison of FUJI Media Holdings's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, FUJI Media Holdings'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 Media Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FUJI Media Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FUJI Media Holdings 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 Media Holdings'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)
=27.115/106.8000*106.8000
=27.115

Current CPI (Dec. 2023) = 106.8000.

FUJI Media Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.387 95.700 27.216
201406 24.892 98.000 27.127
201409 24.059 98.500 26.086
201412 22.371 97.900 24.405
201503 22.755 97.900 24.824
201506 22.217 98.400 24.114
201509 22.545 98.500 24.445
201512 22.776 98.100 24.796
201603 24.117 97.900 26.309
201606 25.843 98.100 28.135
201609 26.956 98.000 29.377
201612 24.370 98.400 26.450
201703 25.601 98.100 27.871
201706 26.550 98.500 28.787
201709 27.337 98.800 29.551
201712 27.153 99.400 29.174
201803 28.771 99.200 30.975
201806 28.212 99.200 30.373
201809 28.513 99.900 30.482
201812 27.671 99.700 29.642
201903 28.347 99.700 30.366
201906 29.740 99.800 31.826
201909 30.106 100.100 32.121
201912 30.120 100.500 32.008
202003 29.527 100.300 31.441
202006 29.885 99.900 31.949
202009 30.884 99.900 33.017
202012 32.020 99.300 34.438
202103 32.010 99.900 34.221
202106 31.937 99.500 34.280
202109 33.620 100.100 35.870
202112 31.728 100.100 33.852
202203 30.262 101.100 31.968
202206 26.899 101.800 28.220
202209 25.620 103.100 26.539
202212 27.539 104.100 28.253
202303 28.181 104.400 28.829
202306 26.644 105.200 27.049
202309 25.473 106.200 25.617
202312 27.115 106.800 27.115

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


FUJI Media Holdings  (OTCPK:FJTNF) 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 Media Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.29/23.81
=0.56

* 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 Media Holdings was 0.80. The lowest was 0.32. And the median was 0.46.


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 Media Holdings Cyclically Adjusted Book per Share Related Terms

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


FUJI Media Holdings (FUJI Media Holdings) Business Description

Traded in Other Exchanges
Address
2-4-8, Daiba, Minato-ku, Tokyo, JPN, 137-8088
FUJI Media Holdings Inc is a diversified media company with interests in broadcasting, as the business operates several premium television stations. FUJI has seven business segments: Broadcasting, Production, Image & Music, Life Information, Advertising, City Development, and Other. The Broadcasting segment is engaged in the broadcasting of television and radio programs, while the Production segment plans and produces television programs. The Image & Music segment sells audio and video software. The Life Information segment publishes newspapers, while the Advertising segment sells advertising space across the company's various divisions. The Other segment leases real estate assets. The company earns the majority of its revenue in Japan.

FUJI Media Holdings (FUJI Media Holdings) Headlines

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