Fuso Chemical Co (TSE:4368) Cyclically Adjusted Book per Share: 円739.75 (As of Mar. 2026)


TSE:4368 Fuso Chemical Co Ltd TSE:4368
83 GF Score
Price 円3,955.00
GF Value 円1,743.96
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Fuso Chemical Co Cyclically Adjusted Book per Share?

Fuso Chemical Co TSE:4368 -1.49% 83 Cyclically Adjusted Book per Share is 円739.75 as of Mar. 2026. GuruFocus rates TSE:4368 with a GF Score™ of 83/100 and a GF Value™ of 円1,743.96 (Significantly Overvalued). The stock has 8 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.

Fuso Chemical Co's adjusted book value per share for the three months ended in Mar. 2026 was 円1,107.952. 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739.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fuso Chemical Co's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% 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 Fuso Chemical Co was 14.60% per year. The lowest was 11.10% per year. And the median was 13.10% per year.

As of today (2026-07-09), Fuso Chemical Co's current stock price is 円3955.00. Fuso Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円739.75. Fuso Chemical Co's Cyclically Adjusted PB Ratio of today is 5.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuso Chemical Co was 6.27. The lowest was 1.62. And the median was 2.84.


Fuso Chemical Co  (TSE:4368) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3955.00/739.75
=5.35

* 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 Fuso Chemical Co was 6.27. The lowest was 1.62. And the median was 2.84.


Be Aware

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


Fuso Chemical Co Cyclically Adjusted Book per Share Related Terms


Fuso Chemical Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fuso Chemical 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.

Fuso Chemical Co Cyclically Adjusted Book per Share Chart

Fuso Chemical 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 442.05 510.55 582.14 665.40 739.75

Fuso Chemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 665.40 684.46 702.49 724.77 739.75

TSE:4368 vs DOW: Cyclically Adjusted Book per Share Comparison

For the Chemicals subindustry, Fuso Chemical 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.


Fuso Chemical Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fuso Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4368
83GF Score
Fuso Chemical Co Ltd TSE:4368
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuso Chemical 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, Fuso Chemical 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)
=1107.952/112.7000*112.7000
=1,107.952

Current CPI (Mar. 2026) = 112.7000.

Fuso Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 373.383 98.100 428.953
201609 386.329 98.000 444.278
201612 410.347 98.400 469.981
201703 423.929 98.100 487.021
201706 434.905 98.500 497.602
201709 453.821 98.800 517.668
201712 466.674 99.400 529.116
201803 470.737 99.200 534.799
201806 481.277 99.200 546.773
201809 501.266 99.900 565.492
201812 505.488 99.700 571.399
201903 519.593 99.700 587.343
201906 520.925 99.800 588.259
201909 535.805 100.100 603.249
201912 548.605 100.500 615.202
202003 566.038 100.300 636.017
202006 572.742 99.900 646.126
202009 587.773 99.900 663.083
202012 596.553 99.300 677.055
202103 621.247 99.900 700.846
202106 633.881 99.500 717.974
202109 650.980 100.100 732.922
202112 672.787 100.100 757.473
202203 712.216 101.100 793.934
202206 754.083 101.800 834.825
202209 784.543 103.100 857.595
202212 796.236 104.100 862.015
202303 827.599 104.400 893.395
202306 847.500 105.200 907.921
202309 868.271 106.200 921.414
202312 868.960 106.800 916.964
202403 898.590 107.200 944.693
202406 923.360 108.200 961.762
202409 934.711 108.900 967.327
202412 969.475 110.700 986.990
202503 983.719 111.100 997.886
202506 996.947 111.700 1,005.872
202509 1,037.725 112.000 1,044.211
202512 1,069.442 113.000 1,066.603
202603 1,107.952 112.700 1,107.952

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 円739.75 mean?
Fuso Chemical Co (TSE:4368) has a Cyclically Adjusted Book per Share of 円739.75 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 Fuso Chemical Co and its competitors.
Is Fuso Chemical Co's Cyclically Adjusted Book per Share too high?
Fuso Chemical Co's current Cyclically Adjusted Book per Share is 円739.75. Overall, Fuso Chemical Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuso Chemical Co's Cyclically Adjusted Book per Share compare to DOW?
Fuso Chemical Co's Cyclically Adjusted Book per Share of 円739.75 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Fuso Chemical Co and its competitors. Fuso Chemical Co's current Cyclically Adjusted Book per Share is 円739.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuso Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Fuso Chemical Co (TSE:4368) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,743.96, compared to a current price of 円3,955.00 — trading 126.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円739.75. Fuso Chemical Co's overall GF Score™ is 83/100 with 8 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 Fuso Chemical Co (TSE:4368), the current Cyclically Adjusted Book per Share is 円739.75 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 Fuso Chemical Co (TSE:4368) Overvalued in 2026?

Based on GuruFocus' analysis, Fuso Chemical Co stock appears to be overvalued. The current stock price of 円3,955.00 is trading 126.8% above its estimated GF Value™ of 円1,743.96. GuruFocus considers Fuso Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4368:

  • Cyclically Adjusted Book per Share: 円739.75
  • GF Value™: 円1,743.96 vs. price of 円3,955.00 (126.8% above fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the TSE:4368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuso Chemical Co Business Description

Address 4-10-3 Koraibashi, Nissei Fushimicho Building New Building 5th Floor, Chuo-ku, Osaka, JPN, 541-0043
Fuso Chemical Co Ltd is a Japan-based company which is mainly engaged in the life science business and the electronic material and functional chemical business. It is involved in the manufacturing and selling of fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products. It also provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals.
83GF Score

Get the complete analysis for TSE:4368

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

円3,955.00
Price
円1,743.96
GF Value