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FUJI Soft (TSE:9749) Cyclically Adjusted Book per Share : 円1,887.36 (As of Mar. 2024)


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What is FUJI Soft 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.

FUJI Soft's adjusted book value per share for the three months ended in Mar. 2024 was 円2,019.142. 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1,887.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FUJI Soft's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 FUJI Soft was 7.00% per year. The lowest was 4.20% per year. And the median was 5.40% per year.

As of today (2024-05-21), FUJI Soft's current stock price is 円6450.00. FUJI Soft's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,887.36. FUJI Soft's Cyclically Adjusted PB Ratio of today is 3.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FUJI Soft was 3.65. The lowest was 1.03. And the median was 1.75.


FUJI Soft Cyclically Adjusted Book per Share Historical Data

The historical data trend for FUJI Soft'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.

FUJI Soft Cyclically Adjusted Book per Share Chart

FUJI Soft Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,474.04 1,522.94 1,612.26 1,759.03 1,868.16

FUJI Soft 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 1,783.72 1,817.49 1,854.90 1,868.16 1,887.36

Competitive Comparison of FUJI Soft's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, FUJI Soft'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.


FUJI Soft's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



FUJI Soft 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, FUJI Soft'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)
=2019.142/107.2000*107.2000
=2,019.142

Current CPI (Mar. 2024) = 107.2000.

FUJI Soft Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,389.578 98.000 1,520.028
201409 1,412.001 98.500 1,536.716
201412 1,437.362 97.900 1,573.904
201503 1,447.030 97.900 1,584.490
201506 1,473.813 98.400 1,605.617
201509 1,467.284 98.500 1,596.882
201512 1,489.086 98.100 1,627.217
201603 1,494.941 97.900 1,636.953
201606 1,493.826 98.100 1,632.397
201609 1,509.082 98.000 1,650.751
201612 1,549.712 98.400 1,688.304
201703 1,558.197 98.100 1,702.739
201706 1,592.616 98.500 1,733.284
201709 1,611.151 98.800 1,748.131
201712 1,671.030 99.400 1,802.157
201803 1,683.618 99.200 1,819.394
201806 1,712.079 99.200 1,850.150
201809 1,717.573 99.900 1,843.081
201812 1,696.917 99.700 1,824.569
201903 1,725.836 99.700 1,855.663
201906 1,739.497 99.800 1,868.478
201909 1,772.475 100.100 1,898.195
201912 1,797.367 100.500 1,917.191
202003 1,790.305 100.300 1,913.467
202006 1,837.743 99.900 1,972.033
202009 1,864.218 99.900 2,000.442
202012 1,910.113 99.300 2,062.076
202103 1,960.666 99.900 2,103.938
202106 1,952.965 99.500 2,104.099
202109 1,987.956 100.100 2,128.960
202112 2,007.864 100.100 2,150.280
202203 2,037.359 101.100 2,160.286
202206 2,087.465 101.800 2,198.195
202209 2,110.664 103.100 2,194.599
202212 2,144.215 104.100 2,208.068
202303 2,173.172 104.400 2,231.456
202306 2,227.281 105.200 2,269.625
202309 2,256.190 106.200 2,277.435
202312 1,976.523 106.800 1,983.926
202403 2,019.142 107.200 2,019.142

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


FUJI Soft  (TSE:9749) 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.

FUJI Soft's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6450.00/1887.36
=3.42

* 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 FUJI Soft was 3.65. The lowest was 1.03. And the median was 1.75.


Be Aware

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


FUJI Soft Cyclically Adjusted Book per Share Related Terms

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


FUJI Soft (TSE:9749) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » FUJI Soft Inc (TSE:9749) » Definitions » Cyclically Adjusted Book per Share
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Address
1-1 Sakuragicho, Naka-Ku, Kanagawa, Yokohama-Shi, JPN, 231-8008
FUJI Soft Inc is a holding company that provides a variety of information technology, or IT, services through its subsidiaries. The company organizes itself into four segments based on subsidiary. The FUJI soft segment, which generates the majority of revenue, provides system construction, cloud integration, IT security, and broadband services. The cybernet systems segment provides a variety of IT services for manufacturing companies. The vinx segment sells software and provides data center services. The cyber com segment provides software development services.

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