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Fujitec Co (Fujitec Co) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Fujitec Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujitec Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujitec Co's Cyclically Adjusted PB Ratio 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.

Fujitec Co Cyclically Adjusted PB Ratio Chart

Fujitec Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 2.21 2.71 2.55 -

Fujitec Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 2.55 2.79 2.55 2.59 -

Competitive Comparison of Fujitec Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujitec Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujitec Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Fujitec Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fujitec Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.146/106.8000*106.8000
=13.146

Current CPI (Dec. 2023) = 106.8000.

Fujitec Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.919 95.700 9.953
201406 9.048 98.000 9.860
201409 8.756 98.500 9.494
201412 8.594 97.900 9.375
201503 8.932 97.900 9.744
201506 8.097 98.400 8.788
201509 8.619 98.500 9.345
201512 8.426 98.100 9.173
201603 9.770 97.900 10.658
201606 9.921 98.100 10.801
201609 10.187 98.000 11.102
201612 9.692 98.400 10.519
201703 10.176 98.100 11.078
201706 10.268 98.500 11.133
201709 10.667 98.800 11.531
201712 10.836 99.400 11.643
201803 11.727 99.200 12.625
201806 10.938 99.200 11.776
201809 11.089 99.900 11.855
201812 11.155 99.700 11.949
201903 11.445 99.700 12.260
201906 11.760 99.800 12.585
201909 11.911 100.100 12.708
201912 11.824 100.500 12.565
202003 12.246 100.300 13.040
202006 12.025 99.900 12.856
202009 12.506 99.900 13.370
202012 12.981 99.300 13.961
202103 12.742 99.900 13.622
202106 13.110 99.500 14.072
202109 13.600 100.100 14.510
202112 13.325 100.100 14.217
202203 13.025 101.100 13.759
202206 12.106 101.800 12.701
202209 11.806 103.100 12.230
202212 12.316 104.100 12.635
202303 12.255 104.400 12.537
202306 11.813 105.200 11.993
202309 12.125 106.200 12.194
202312 13.146 106.800 13.146

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


Fujitec Co  (OTCPK:FJTCF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Fujitec Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fujitec Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujitec Co (Fujitec Co) Business Description

Traded in Other Exchanges
Address
591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a global presence, with Japan, North America, South Asia, and East Asia being its largest markets. On the other hand, its manufacturing bases are spread worldwide, in locations including Japan, China, the United States, South Korea, Taiwan, and India. The company also provides aftersale maintenance services such as real-time parts support, remote monitoring, and product modernization.

Fujitec Co (Fujitec Co) Headlines

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