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Fujitsu General (TSE:6755) Cyclically Adjusted Book per Share : 円1,071.16 (As of Mar. 2024)


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What is Fujitsu General 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 General's adjusted book value per share for the three months ended in Mar. 2024 was 円1,324.107. 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1,071.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fujitsu General's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Fujitsu General was 13.10% per year. The lowest was 12.60% per year. And the median was 13.00% per year.

As of today (2024-05-01), Fujitsu General's current stock price is 円2039.00. Fujitsu General's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,071.16. Fujitsu General's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujitsu General was 5.23. The lowest was 1.66. And the median was 3.32.


Fujitsu General Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujitsu General'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 General Cyclically Adjusted Book per Share Chart

Fujitsu General 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 665.82 749.43 849.67 964.35 1,071.16

Fujitsu General 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 964.35 992.52 1,022.84 1,048.53 1,071.16

Competitive Comparison of Fujitsu General's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Fujitsu General'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 General's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fujitsu General's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujitsu General 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 General'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)
=1324.107/107.2000*107.2000
=1,324.107

Current CPI (Mar. 2024) = 107.2000.

Fujitsu General Quarterly Data

Book Value per Share CPI Adj_Book
201406 538.081 98.000 588.595
201409 587.141 98.500 639.000
201412 640.837 97.900 701.713
201503 710.152 97.900 777.613
201506 761.700 98.400 829.820
201509 723.932 98.500 787.873
201512 763.334 98.100 834.143
201603 812.554 97.900 889.742
201606 797.808 98.100 871.815
201609 813.099 98.000 889.431
201612 821.328 98.400 894.780
201703 886.884 98.100 969.154
201706 935.313 98.500 1,017.924
201709 950.921 98.800 1,031.769
201712 943.753 99.400 1,017.810
201803 998.920 99.200 1,079.478
201806 1,003.097 99.200 1,083.992
201809 1,025.309 99.900 1,100.231
201812 979.976 99.700 1,053.695
201903 1,046.451 99.700 1,125.171
201906 1,039.502 99.800 1,116.579
201909 1,046.737 100.100 1,120.981
201912 1,041.939 100.500 1,111.402
202003 1,021.744 100.300 1,092.033
202006 1,066.417 99.900 1,144.343
202009 1,086.001 99.900 1,165.358
202012 1,084.914 99.300 1,171.226
202103 1,161.600 99.900 1,246.482
202106 1,177.532 99.500 1,268.658
202109 1,162.423 100.100 1,244.873
202112 1,159.662 100.100 1,241.916
202203 1,205.415 101.100 1,278.145
202206 1,241.758 101.800 1,307.627
202209 1,247.419 103.100 1,297.025
202212 1,202.754 104.100 1,238.571
202303 1,272.778 104.400 1,306.914
202306 1,320.071 105.200 1,345.167
202309 1,336.344 106.200 1,348.927
202312 1,287.546 106.800 1,292.368
202403 1,324.107 107.200 1,324.107

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


Fujitsu General  (TSE:6755) 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 General's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2039.00/1071.16
=1.90

* 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 General was 5.23. The lowest was 1.66. And the median was 3.32.


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 General Cyclically Adjusted Book per Share Related Terms

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


Fujitsu General (TSE:6755) Business Description

Traded in Other Exchanges
Address
3-3-17, Suenaga, Kawasaki-shi, Kanagawa, JPN, 213-8502
Fujitsu General Ltd is a Japan-based company engaged in the manufacturing and selling of engineering and electronics equipment which includes air conditioners, electric carpets, fire-fighting systems, surveillance cameras and security network systems. Its products include Air Conditioners business, Electronic Devices such as Air to Water, Air Deodoriser, Charge-coupled device Cameras, Low Noise Block down converter, Ku band transmitter for broadband satellite communications and Others.

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