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Fanuc (FRA:FUCA) Cyclically Adjusted PB Ratio : 2.49 (As of Jun. 05, 2024)


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What is Fanuc Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Fanuc's current share price is €12.50. Fanuc's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.02. Fanuc's Cyclically Adjusted PB Ratio for today is 2.49.

The historical rank and industry rank for Fanuc's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:FUCA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.52   Max: 5.86
Current: 2.79

During the past years, Fanuc's highest Cyclically Adjusted PB Ratio was 5.86. The lowest was 1.87. And the median was 3.52.

FRA:FUCA's Cyclically Adjusted PB Ratio is ranked worse than
65.97% of 2154 companies
in the Industrial Products industry
Industry Median: 1.895 vs FRA:FUCA: 2.79

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.

Fanuc's adjusted book value per share data for the three months ended in Dec. 2023 was €5.515. 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 €5.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fanuc Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fanuc'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.

Fanuc Cyclically Adjusted PB Ratio Chart

Fanuc 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 2.24 3.86 3.04 3.13 -

Fanuc 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 3.13 3.26 2.48 2.61 -

Competitive Comparison of Fanuc's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Fanuc'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.


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

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

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



Fanuc 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.

Fanuc's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.50/5.02
=2.49

* 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.

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

For example, Fanuc'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)
=5.515/106.8000*106.8000
=5.515

Current CPI (Dec. 2023) = 106.8000.

Fanuc Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.311 95.700 4.811
201406 4.493 98.000 4.896
201409 4.723 98.500 5.121
201412 4.611 97.900 5.030
201503 5.410 97.900 5.902
201506 5.951 98.400 6.459
201509 6.241 98.500 6.767
201512 6.261 98.100 6.816
201603 5.427 97.900 5.920
201606 5.582 98.100 6.077
201609 5.909 98.000 6.440
201612 5.620 98.400 6.100
201703 5.823 98.100 6.339
201706 5.663 98.500 6.140
201709 5.556 98.800 6.006
201712 5.534 99.400 5.946
201803 5.766 99.200 6.208
201806 5.807 99.200 6.252
201809 5.889 99.900 6.296
201812 5.699 99.700 6.105
201903 5.906 99.700 6.327
201906 5.706 99.800 6.106
201909 5.918 100.100 6.314
201912 5.794 100.500 6.157
202003 5.938 100.300 6.323
202006 5.805 99.900 6.206
202009 5.744 99.900 6.141
202012 5.735 99.300 6.168
202103 5.806 99.900 6.207
202106 5.631 99.500 6.044
202109 5.919 100.100 6.315
202112 5.974 100.100 6.374
202203 6.131 101.100 6.477
202206 5.769 101.800 6.052
202209 5.958 103.100 6.172
202212 5.806 104.100 5.957
202303 5.923 104.400 6.059
202306 5.582 105.200 5.667
202309 5.576 106.200 5.608
202312 5.515 106.800 5.515

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.


Fanuc  (FRA:FUCA) 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.


Fanuc Cyclically Adjusted PB Ratio Related Terms

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


Fanuc (FRA:FUCA) Business Description

Traded in Other Exchanges
Address
3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, JPN, 401-0597
Fanuc provides factory automation products, such as industrial robots, computerized numerical control systems, and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and now commands the top global market share with its CNC systems and industrial robots.

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