GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuji Electric Co Ltd (OTCPK:FELTY) » Definitions » Cyclically Adjusted Book per Share

Fuji Electric Co (Fuji Electric Co) Cyclically Adjusted Book per Share : $4.60 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Fuji Electric Co 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 Electric Co's adjusted book value per share 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.

During the past 12 months, Fuji Electric Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Electric Co was 11.50% per year. The lowest was 5.50% per year. And the median was 8.30% per year.

As of today (2024-04-30), Fuji Electric Co's current stock 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 of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuji Electric Co was 3.99. The lowest was 1.19. And the median was 2.32.


Fuji Electric Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fuji Electric Co'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 Electric Co Cyclically Adjusted Book per Share Chart

Fuji Electric Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 4.38 4.43 4.59 -

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 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 4.59 4.32 4.24 4.60 -

Competitive Comparison of Fuji Electric Co's Cyclically Adjusted Book per Share

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 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 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.


Fuji Electric Co  (OTCPK:FELTY) 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 Electric Co's Cyclically Adjusted PB Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuji Electric Co was 3.99. The lowest was 1.19. And the median was 2.32.


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 Electric Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fuji Electric Co's Cyclically Adjusted Book per Share 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

From GuruFocus