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Fujitec Co (Fujitec Co) Cyclically Adjusted Book per Share : $9.58 (As of Dec. 2023)


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What is Fujitec 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.

Fujitec Co's adjusted book value per share for the three months ended in Dec. 2023 was $13.156. 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 $9.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fujitec Co's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Fujitec Co was 8.60% per year. The lowest was 6.50% per year. And the median was 7.30% per year.

As of today (2024-05-14), Fujitec Co's current stock price is $24.38. Fujitec Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.58. Fujitec Co's Cyclically Adjusted PB Ratio of today is 2.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujitec Co was 2.91. The lowest was 1.20. And the median was 2.20.


Fujitec Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujitec 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.

Fujitec Co Cyclically Adjusted Book per Share Chart

Fujitec Co 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 8.15 9.61 10.53 9.00 8.91

Fujitec Co 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 10.02 8.91 9.20 9.70 9.58

Competitive Comparison of Fujitec Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Fujitec 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, Fujitec 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)
=13.156/106.8000*106.8000
=13.156

Current CPI (Dec. 2023) = 106.8000.

Fujitec Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.919 95.700 9.953
201406 9.048 98.000 9.860
201409 8.756 98.500 9.494
201412 8.593 97.900 9.374
201503 8.933 97.900 9.745
201506 8.097 98.400 8.788
201509 8.620 98.500 9.346
201512 8.427 98.100 9.174
201603 9.771 97.900 10.659
201606 9.921 98.100 10.801
201609 10.187 98.000 11.102
201612 9.692 98.400 10.519
201703 10.177 98.100 11.080
201706 10.269 98.500 11.134
201709 10.668 98.800 11.532
201712 10.836 99.400 11.643
201803 11.732 99.200 12.631
201806 11.468 99.200 12.347
201809 11.642 99.900 12.446
201812 11.712 99.700 12.546
201903 11.442 99.700 12.257
201906 11.765 99.800 12.590
201909 11.923 100.100 12.721
201912 11.855 100.500 12.598
202003 12.251 100.300 13.045
202006 12.025 99.900 12.856
202009 12.515 99.900 13.379
202012 13.803 99.300 14.846
202103 12.750 99.900 13.631
202106 13.115 99.500 14.077
202109 13.621 100.100 14.533
202112 13.348 100.100 14.241
202203 13.074 101.100 13.811
202206 12.138 101.800 12.734
202209 11.828 103.100 12.252
202212 12.363 104.100 12.684
202303 12.275 104.400 12.557
202306 11.817 105.200 11.997
202309 12.139 106.200 12.208
202312 13.156 106.800 13.156

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


Fujitec Co  (OTCPK:FJTCY) 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.

Fujitec Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.38/9.58
=2.54

* 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 Fujitec Co was 2.91. The lowest was 1.20. And the median was 2.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fujitec Co Cyclically Adjusted Book per Share Related Terms

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


Fujitec Co (Fujitec Co) Business Description

Industry
Traded in Other Exchanges
Address
591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a global presence, with Japan, North America, South Asia, and East Asia being its largest markets. On the other hand, its manufacturing bases are spread worldwide, in locations including Japan, China, the United States, South Korea, Taiwan, and India. The company also provides aftersale maintenance services such as real-time parts support, remote monitoring, and product modernization.

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