Fukuda Denshi Co (MEX:6960N) Cyclically Adjusted Book per Share: MXN547.22 (As of Mar. 2026)

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MEX:6960N Fukuda Denshi Co Ltd MEX:6960N
83 GF Score
Price MXN1,032.13
GF Value MXN648.76
! 5 Warning Signs
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What is Fukuda Denshi Co Cyclically Adjusted Book per Share?

Fukuda Denshi Co MEX:6960N 83 Cyclically Adjusted Book per Share is MXN547.22 as of Mar. 2026. GuruFocus rates MEX:6960N with a GF Score™ of 83/100 and a GF Value™ of MXN648.76. The stock has 5 warning signs investors should review.

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.

Fukuda Denshi Co's adjusted book value per share for the three months ended in Mar. 2026 was MXN794.138. 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 MXN547.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fukuda Denshi Co's average Cyclically Adjusted Book Growth Rate was 7.40% 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 9.00% 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 Fukuda Denshi Co was 9.50% per year. The lowest was 6.00% per year. And the median was 8.35% per year.

As of today (2026-08-16), Fukuda Denshi Co's current stock price is MXN1032.13. Fukuda Denshi Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN547.22. Fukuda Denshi Co's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fukuda Denshi Co was 2.40. The lowest was 0.94. And the median was 1.29.


Fukuda Denshi Co  (MEX:6960N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1032.13/547.22
=1.89

* 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 Fukuda Denshi Co was 2.40. The lowest was 0.94. And the median was 1.29.


Be Aware

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


Fukuda Denshi Co Cyclically Adjusted Book per Share Related Terms


Fukuda Denshi Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fukuda Denshi 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.

Fukuda Denshi Co Cyclically Adjusted Book per Share Chart

Fukuda Denshi Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 770.77 547.22

Fukuda Denshi Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 717.12 757.84 690.41 547.22 0.00

MEX:6960N vs ABT, SYK, MDT: Cyclically Adjusted Book per Share Comparison

For the Medical Devices subindustry, Fukuda Denshi 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.


Fukuda Denshi Co Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fukuda Denshi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:6960N
83GF Score
Fukuda Denshi Co Ltd MEX:6960N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukuda Denshi 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, Fukuda Denshi Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=794.138/112.7000*112.7000
=794.138

Current CPI (Mar. 2026) = 112.7000.

Fukuda Denshi Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 568.452 98.100 653.053
201609 629.014 98.000 723.366
201612 602.269 98.400 689.794
201703 580.639 98.100 667.054
201706 571.808 98.500 654.241
201709 590.951 98.800 674.091
201712 633.770 99.400 718.570
201803 637.462 99.200 724.213
201806 665.604 99.200 756.185
201809 635.586 99.900 717.022
201812 661.400 99.700 747.641
201903 683.389 99.700 772.497
201906 696.385 99.800 786.399
201909 738.821 100.100 831.819
201912 699.107 100.500 783.974
202003 896.156 100.300 1,006.947
202006 887.380 99.900 1,001.078
202009 890.497 99.900 1,004.595
202012 832.146 99.300 944.440
202103 858.052 99.900 967.993
202106 822.164 99.500 931.235
202109 882.120 100.100 993.156
202112 865.289 100.100 974.206
202203 831.950 101.100 927.406
202206 743.770 101.800 823.407
202209 720.060 103.100 787.107
202212 747.971 104.100 809.763
202303 726.854 104.400 784.640
202306 658.700 105.200 705.661
202309 667.862 106.200 708.739
202312 675.036 106.800 712.327
202403 649.493 107.200 682.816
202406 0.000 108.200 0.000
202409 821.678 108.900 850.350
202412 822.388 110.700 837.246
202503 864.812 111.100 877.267
202506 811.001 111.700 818.262
202509 810.190 112.000 815.254
202512 767.789 113.000 765.751
202603 794.138 112.700 794.138

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

What does a Cyclically Adjusted Book per Share of MXN547.22 mean?
Fukuda Denshi Co (MEX:6960N) has a Cyclically Adjusted Book per Share of MXN547.22 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Fukuda Denshi Co and its competitors.
Is Fukuda Denshi Co's Cyclically Adjusted Book per Share too high?
Fukuda Denshi Co's current Cyclically Adjusted Book per Share is MXN547.22. Overall, Fukuda Denshi Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Fukuda Denshi Co's Cyclically Adjusted Book per Share compare to ABT and SYK?
Fukuda Denshi Co's Cyclically Adjusted Book per Share of MXN547.22 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Medical Devices & Instruments company?
A good Cyclically Adjusted Book per Share depends on the Medical Devices & Instruments industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Fukuda Denshi Co and its competitors. Fukuda Denshi Co's current Cyclically Adjusted Book per Share is MXN547.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuda Denshi Co stock overvalued right now?
Fukuda Denshi Co (MEX:6960N) has a current Cyclically Adjusted Book per Share of MXN547.22. The stock's GF Value™ is MXN648.76, compared to a current price of MXN1,032.13 — trading 59.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN547.22. Fukuda Denshi Co's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Fukuda Denshi Co (MEX:6960N), the current Cyclically Adjusted Book per Share is MXN547.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fukuda Denshi Co (MEX:6960N) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuda Denshi Co stock appears to be overvalued. The current stock price of MXN1,032.13 is trading 59.1% above its estimated GF Value™ of MXN648.76.

Key valuation signals for MEX:6960N:

  • Cyclically Adjusted Book per Share: MXN547.22
  • GF Value™: MXN648.76 vs. price of MXN1,032.13 (59.1% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the MEX:6960N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuda Denshi Co Business Description

Other Exchanges 6960:Japan
Address 39-4, Hongo 3-chome, Bunkyo-ku, Tokyo, JPN, 113-8483
Fukuda Denshi Co Ltd develops and manufactures medical electronic equipment. The firm operates in four segments: physiological diagnostic equipment, patient monitoring equipment, medical treatment equipment, and consumables and other products. The physiological diagnostic equipment business sells electrocardiographs, vascular screening systems, and blood cell counters. The patient monitoring equipment segment sells patient monitors and transmitters. The medical treatment equipment segment contributes the largest proportion of revenue and sells pacemakers and medical equipment for home treatment. The consumables and other products segment sells disposable electrodes and consumables used for the firm's devices. Fukuda Denshi generates the vast majority of its sales in Japan.
83GF Score

Get the complete analysis for MEX:6960N

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,032.13
Price
MXN648.76
GF Value