Fushiki Kairiku Unso Co (TSE:9361) Cyclically Adjusted Book per Share: 円4,061.85 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9361 Fushiki Kairiku Unso Co Ltd TSE:9361
65 GF Score
Price 円2,070.00
GF Value 円1,319.61
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Fushiki Kairiku Unso Co Cyclically Adjusted Book per Share?

Fushiki Kairiku Unso Co TSE:9361 +0.24% 65 Cyclically Adjusted Book per Share is 円4,061.85 as of Dec. 2025. GuruFocus rates TSE:9361 with a GF Score™ of 65/100 and a GF Value™ of 円1,319.61 (Significantly Overvalued). The stock has 1 warning sign 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.

Fushiki Kairiku Unso Co's adjusted book value per share for the three months ended in Dec. 2025 was 円4,798.157. 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4,061.85 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Fushiki Kairiku Unso Co's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Fushiki Kairiku Unso Co was 5.60% per year. The lowest was 2.20% per year. And the median was 4.30% per year.

As of today (2026-07-26), Fushiki Kairiku Unso Co's current stock price is 円2070.00. Fushiki Kairiku Unso Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円4,061.85. Fushiki Kairiku Unso Co's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fushiki Kairiku Unso Co was 0.61. The lowest was 0.32. And the median was 0.42.


Fushiki Kairiku Unso Co  (TSE:9361) 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.

Fushiki Kairiku Unso Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2070.00/4061.85
=0.51

* 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 Fushiki Kairiku Unso Co was 0.61. The lowest was 0.32. And the median was 0.42.


Be Aware

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


Fushiki Kairiku Unso Co Cyclically Adjusted Book per Share Related Terms


Fushiki Kairiku Unso Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fushiki Kairiku Unso 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.

Fushiki Kairiku Unso Co Cyclically Adjusted Book per Share Chart

Fushiki Kairiku Unso Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,204.89 3,360.51 3,557.51 3,752.45 3,955.20

Fushiki Kairiku Unso Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3,907.47 3,955.20 3,994.37 4,061.85 0.00

Fushiki Kairiku Unso Co Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Fushiki Kairiku Unso 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.


Fushiki Kairiku Unso Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Fushiki Kairiku Unso Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9361
65GF Score
Fushiki Kairiku Unso Co Ltd TSE:9361
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fushiki Kairiku Unso 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, Fushiki Kairiku Unso Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4798.157/113.0000*113.0000
=4,798.157

Current CPI (Dec. 2025) = 113.0000.

Fushiki Kairiku Unso Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 3,090.263 98.100 3,559.630
201603 3,031.959 97.900 3,499.605
201606 2,977.066 98.100 3,429.240
201609 2,986.330 98.000 3,443.421
201612 3,095.535 98.400 3,554.832
201703 3,109.152 98.100 3,581.388
201706 3,180.249 98.500 3,648.407
201709 3,222.465 98.800 3,685.613
201712 3,296.857 99.400 3,747.936
201803 3,275.219 99.200 3,730.844
201806 3,314.080 99.200 3,775.111
201809 3,337.580 99.900 3,775.241
201812 3,358.570 99.700 3,806.604
201903 3,369.752 99.700 3,819.278
201906 3,407.449 99.800 3,858.134
201909 3,440.621 100.100 3,884.018
201912 3,518.362 100.500 3,955.969
202003 3,504.611 100.300 3,948.365
202006 3,592.474 99.900 4,063.559
202009 3,622.772 99.900 4,097.830
202012 3,695.587 99.300 4,205.451
202103 3,717.938 99.900 4,205.475
202106 3,720.945 99.500 4,225.797
202109 3,714.207 100.100 4,192.861
202112 3,720.728 100.100 4,200.222
202203 3,763.737 101.100 4,206.749
202206 3,839.217 101.800 4,261.606
202209 3,881.361 103.100 4,254.062
202212 3,957.686 104.100 4,296.047
202303 4,015.209 104.400 4,345.964
202306 4,082.731 105.200 4,385.443
202309 4,141.790 106.200 4,406.989
202312 4,183.965 106.800 4,426.854
202403 4,237.146 107.200 4,466.395
202406 4,269.242 108.200 4,458.635
202412 4,397.050 110.700 4,488.407
202503 4,453.168 111.100 4,529.325
202506 4,506.012 111.700 4,558.454
202509 4,654.573 112.000 4,696.132
202512 4,798.157 113.000 4,798.157

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4,061.85 mean?
Fushiki Kairiku Unso Co (TSE:9361) has a Cyclically Adjusted Book per Share of 円4,061.85 as of Dec. 2025. 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 Fushiki Kairiku Unso Co and its competitors.
Is Fushiki Kairiku Unso Co's Cyclically Adjusted Book per Share too high?
Fushiki Kairiku Unso Co's current Cyclically Adjusted Book per Share is 円4,061.85. Overall, Fushiki Kairiku Unso Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fushiki Kairiku Unso Co's Cyclically Adjusted Book per Share compare to competitors?
Fushiki Kairiku Unso Co's Cyclically Adjusted Book per Share of 円4,061.85 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Fushiki Kairiku Unso Co and its competitors. Fushiki Kairiku Unso Co's current Cyclically Adjusted Book per Share is 円4,061.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fushiki Kairiku Unso Co stock overvalued right now?
Based on GuruFocus' analysis, Fushiki Kairiku Unso Co (TSE:9361) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,319.61, compared to a current price of 円2,070.00 — trading 56.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円4,061.85. Fushiki Kairiku Unso Co's overall GF Score™ is 65/100 with 1 warning sign 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 Fushiki Kairiku Unso Co (TSE:9361), the current Cyclically Adjusted Book per Share is 円4,061.85 as of Dec. 2025. 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 Fushiki Kairiku Unso Co (TSE:9361) Overvalued in 2026?

Based on GuruFocus' analysis, Fushiki Kairiku Unso Co stock appears to be overvalued. The current stock price of 円2,070.00 is trading 56.9% above its estimated GF Value™ of 円1,319.61. GuruFocus considers Fushiki Kairiku Unso Co to be Significantly Overvalued.

Key valuation signals for TSE:9361:

  • Cyclically Adjusted Book per Share: 円4,061.85
  • GF Value™: 円1,319.61 vs. price of 円2,070.00 (56.9% above fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the TSE:9361 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fushiki Kairiku Unso Co Business Description

Address No. 1, No. 5 town Fushikiminato, Toyama Prefecture, Takaoka, JPN, 933-0104
Fushiki Kairiku Unso Co Ltd is engaged in the port transportation business in Japan. The principal business activities of the company include warehousing, maritime transportation, occasional route business, shipping agency, customs clearance, packing, industrial waste collection and transportation, air transport agency, and measurement certification businesses, as well as business related to contracting and guarantee of the security.
65GF Score

Get the complete analysis for TSE:9361

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

円2,070.00
Price
円1,319.61
GF Value