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Fujicco Co (TSE:2908) Cyclically Adjusted Book per Share : 円2,300.01 (As of Dec. 2023)


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What is Fujicco 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.

Fujicco Co's adjusted book value per share for the three months ended in Dec. 2023 was 円2,429.577. 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 円2,300.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fujicco 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 Fujicco Co was 4.50% per year. The lowest was 3.50% per year. And the median was 3.70% per year.

As of today (2024-06-09), Fujicco Co's current stock price is 円1850.00. Fujicco Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,300.01. Fujicco Co's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujicco Co was 1.63. The lowest was 0.80. And the median was 0.99.


Fujicco Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujicco 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.

Fujicco Co Cyclically Adjusted Book per Share Chart

Fujicco 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 1,936.76 1,994.84 2,085.27 2,210.37 -

Fujicco 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 2,210.37 2,240.40 2,274.75 2,300.01 -

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

For the Packaged Foods subindustry, Fujicco 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.


Fujicco Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujicco Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujicco 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, Fujicco 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)
=2429.577/106.8000*106.8000
=2,429.577

Current CPI (Dec. 2023) = 106.8000.

Fujicco Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,743.887 95.700 1,946.156
201406 1,752.683 98.000 1,910.067
201409 1,778.663 98.500 1,928.540
201412 1,805.863 97.900 1,970.032
201503 1,834.138 97.900 2,000.878
201506 1,744.062 98.400 1,892.945
201509 1,758.934 98.500 1,907.149
201512 1,801.639 98.100 1,961.417
201603 1,945.326 97.900 2,122.174
201606 1,955.068 98.100 2,128.453
201609 1,980.711 98.000 2,158.571
201612 2,023.293 98.400 2,196.013
201703 2,037.968 98.100 2,218.705
201706 2,061.091 98.500 2,234.767
201709 2,097.165 98.800 2,266.976
201712 2,146.992 99.400 2,306.828
201803 2,172.002 99.200 2,338.405
201806 2,178.186 99.200 2,345.063
201809 2,229.770 99.900 2,383.778
201812 2,225.023 99.700 2,383.475
201903 2,236.668 99.700 2,395.949
201906 2,240.478 99.800 2,397.626
201909 2,262.698 100.100 2,414.147
201912 2,297.149 100.500 2,441.149
202003 2,282.850 100.300 2,430.791
202006 2,292.198 99.900 2,450.518
202009 2,329.425 99.900 2,490.316
202012 2,345.751 99.300 2,522.923
202103 2,366.899 99.900 2,530.379
202106 2,356.183 99.500 2,529.049
202109 2,378.682 100.100 2,537.894
202112 2,386.769 100.100 2,546.523
202203 2,389.340 101.100 2,524.051
202206 2,373.638 101.800 2,490.221
202209 2,392.396 103.100 2,478.253
202212 2,396.159 104.100 2,458.307
202303 2,407.022 104.400 2,462.356
202306 2,401.261 105.200 2,437.782
202309 2,418.475 106.200 2,432.139
202312 2,429.577 106.800 2,429.577

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


Fujicco Co  (TSE:2908) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1850.00/2300.01
=0.80

* 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 Fujicco Co was 1.63. The lowest was 0.80. And the median was 0.99.


Be Aware

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


Fujicco Co Cyclically Adjusted Book per Share Related Terms

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


Fujicco Co (TSE:2908) Business Description

Traded in Other Exchanges
N/A
Address
4 13 6-chome, Chuo-ku, Minatojimanaka town, Kobe, JPN, 650-8558
Fujicco Co Ltd is in the business of manufacturing and selling food. Its business is divided into Prepared foods, Kombu products, Bean Products, Yogurt, Desserts, Health foods, Health food material, and Liquor. The firm's products include Fujicconi, Fujicco, Juntoro, Dashi kombu and Kombumaki etc. The company derives a majority of its revenue from Prepared products division.

Fujicco Co (TSE:2908) Headlines

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