GURUFOCUS.COM » STOCK LIST » Technology » Software » Fujitsu Ltd (TSE:6702) » Definitions » Cyclically Adjusted Book per Share

Fujitsu (TSE:6702) Cyclically Adjusted Book per Share : 円618.87 (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Fujitsu 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.

Fujitsu's adjusted book value per share for the three months ended in Mar. 2024 was 円952.755. 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618.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fujitsu's average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Fujitsu was 11.40% per year. The lowest was 11.40% per year. And the median was 11.40% per year.

As of today (2024-04-30), Fujitsu's current stock price is 円2425.50. Fujitsu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円618.87. Fujitsu's Cyclically Adjusted PB Ratio of today is 3.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujitsu was 4.84. The lowest was 2.82. And the median was 3.51.


Fujitsu Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujitsu'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.

Fujitsu Cyclically Adjusted Book per Share Chart

Fujitsu 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 - 447.63 488.12 548.72 618.87

Fujitsu 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 548.72 566.40 585.25 600.47 618.87

Competitive Comparison of Fujitsu's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Fujitsu'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.


Fujitsu's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Fujitsu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujitsu 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, Fujitsu's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=952.755/107.2000*107.2000
=952.755

Current CPI (Mar. 2024) = 107.2000.

Fujitsu Quarterly Data

Book Value per Share CPI Adj_Book
201406 281.534 98.000 307.964
201409 306.329 98.500 333.385
201412 329.994 97.900 361.342
201503 381.879 97.900 418.156
201506 368.908 98.400 401.900
201509 362.568 98.500 394.592
201512 365.371 98.100 399.264
201603 378.369 97.900 414.312
201606 328.613 98.100 359.096
201609 350.817 98.000 383.751
201612 391.332 98.400 426.329
201703 429.798 98.100 469.667
201706 429.318 98.500 467.237
201709 458.922 98.800 497.940
201712 485.202 99.400 523.276
201803 528.383 99.200 570.995
201806 555.268 99.200 600.048
201809 570.911 99.900 612.629
201812 524.452 99.700 563.904
201903 558.529 99.700 600.545
201906 552.238 99.800 593.186
201909 577.301 100.100 618.248
201912 596.482 100.500 636.247
202003 619.710 100.300 662.342
202006 616.675 99.900 661.737
202009 632.958 99.900 679.210
202012 669.279 99.300 722.525
202103 728.713 99.900 781.962
202106 736.131 99.500 793.098
202109 743.537 100.100 796.275
202112 774.553 100.100 829.491
202203 809.465 101.100 858.305
202206 816.664 101.800 859.984
202209 839.394 103.100 872.774
202212 806.357 104.100 830.370
202303 842.533 104.400 865.130
202306 871.867 105.200 888.442
202309 883.937 106.200 892.260
202312 850.829 106.800 854.016
202403 952.755 107.200 952.755

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


Fujitsu  (TSE:6702) 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.

Fujitsu's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2425.50/618.87
=3.92

* 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 Fujitsu was 4.84. The lowest was 2.82. And the median was 3.51.


Be Aware

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


Fujitsu Cyclically Adjusted Book per Share Related Terms

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


Fujitsu (TSE:6702) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fujitsu Ltd (TSE:6702) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7123
Fujitsu Ltd delivers total solutions in the field of information and communication technology. The company provides solutions/system integration services focused on information system consulting and construction, and infrastructure services centered on outsourcing services. Fujitsu provides services across a wide range of countries and regions, including Europe, the Americas, Asia, and Oceania. It operates in three segments namely, Technology Solutions; Ubiqitous Solutions and Device Solutions. Ubiquitous Solutions consists of PCs, mobile phones, and mobilewear. In PCs, Fujitsu's lineup includes desktop and laptop PCs known for energy efficiency, security, and other enhanced features, as well as water- and dust-resistant tablets.

Fujitsu (TSE:6702) Headlines

No Headlines