FUJIY (FUJIFILM Holdings) Cyclically Adjusted PB Ratio: 1.41 (As of Aug. 25, 2026) — Near Median

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FUJIY FUJIFILM Holdings Corp FUJIY
86 GF Score
Price $10.14
GF Value $11.67
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FUJIFILM Holdings Cyclically Adjusted PB Ratio?

FUJIFILM Holdings FUJIY -1.07% 86 Cyclically Adjusted PB Ratio is 1.41 as of Aug. 25, 2026, which is 4% above its 10-year median of 1.35. GuruFocus rates FUJIY with a GF Score™ of 86/100 and a GF Value™ of $11.67 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 433 Conglomerates companies, FUJIFILM Holdings ranks worse than 63.28% on this metric.

As of today (2026-08-25), FUJIFILM Holdings's current share price is $10.14. FUJIFILM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.20. FUJIFILM Holdings's Cyclically Adjusted PB Ratio for today is 1.41.

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

FUJIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.35   Max: 2.13
Current: 1.46

During the past years, FUJIFILM Holdings's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.93. And the median was 1.35.

FUJIY's Cyclically Adjusted PB Ratio is ranked worse than
63.28% of 433 companies
in the Conglomerates industry
Industry Median: 1.01 vs FUJIY: 1.46

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.

FUJIFILM Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $10.037. 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 $7.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FUJIFILM Holdings  (OTCPK:FUJIY) 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.


FUJIFILM Holdings Cyclically Adjusted PB Ratio Related Terms


FUJIFILM Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FUJIFILM Holdings'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.

FUJIFILM Holdings Cyclically Adjusted PB Ratio Chart

FUJIFILM Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.27 1.77 1.36 1.32

FUJIFILM Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.36 1.48 1.71 1.51 1.32

FUJIY vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, FUJIFILM Holdings'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.


FUJIFILM Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, FUJIFILM Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FUJIY
86GF Score
FUJIFILM Holdings Corp FUJIY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FUJIFILM Holdings 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.

FUJIFILM Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.14/7.20
=1.41

* 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.

FUJIFILM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, FUJIFILM Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=10.037/112.7000*112.7000
=10.037

Current CPI (Mar. 2026) = 112.7000.

FUJIFILM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.901 98.100 7.928
201609 7.146 98.000 8.218
201612 6.785 98.400 7.771
201703 6.890 98.100 7.915
201706 7.227 98.500 8.269
201709 7.339 98.800 8.372
201712 7.382 99.400 8.370
201803 7.595 99.200 8.629
201806 7.454 99.200 8.468
201809 7.278 99.900 8.211
201812 7.314 99.700 8.268
201903 7.463 99.700 8.436
201906 7.620 99.800 8.605
201909 7.707 100.100 8.677
201912 7.672 100.500 8.603
202003 7.564 100.300 8.499
202006 7.704 99.900 8.691
202009 7.954 99.900 8.973
202012 8.358 99.300 9.486
202103 8.455 99.900 9.538
202106 8.590 99.500 9.730
202109 8.645 100.100 9.733
202112 8.703 100.100 9.798
202203 8.777 101.100 9.784
202206 8.246 101.800 9.129
202209 7.900 103.100 8.636
202212 8.300 104.100 8.986
202303 8.590 104.400 9.273
202306 8.539 105.200 9.148
202309 8.361 106.200 8.873
202312 8.570 106.800 9.043
202403 8.784 107.200 9.235
202406 8.869 108.200 9.238
202409 9.165 108.900 9.485
202412 9.153 110.700 9.318
202503 9.323 111.100 9.457
202506 9.762 111.700 9.849
202509 9.792 112.000 9.853
202512 9.898 113.000 9.872
202603 10.037 112.700 10.037

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.

What does a Cyclically Adjusted PB Ratio of 1.41 mean?
FUJIFILM Holdings (FUJIY) has a Cyclically Adjusted PB Ratio of 1.41 as of Aug. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on FUJIFILM Holdings and its competitors. This is near median its historical median of 1.35. Over the past decade, FUJIFILM Holdings' Cyclically Adjusted PB Ratio has ranged from 0.93 to 2.13. According to the industry distribution chart, FUJIFILM Holdings ranks #274 out of 433 companies in the Conglomerates industry, placing it in the top 63.3%.
Is FUJIFILM Holdings' Cyclically Adjusted PB Ratio too high?
FUJIFILM Holdings' current Cyclically Adjusted PB Ratio of 1.41 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.13. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. FUJIFILM Holdings' value of 1.41 is 39.6% above this industry median. Based on the distribution chart, FUJIFILM Holdings ranks #274 out of 433 companies in the Conglomerates industry, which is below the industry midpoint. Overall, FUJIFILM Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FUJIFILM Holdings' Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, FUJIFILM Holdings ranks #274 out of 433 companies for Cyclically Adjusted PB Ratio. This places FUJIFILM Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. FUJIFILM Holdings' value of 1.41 is 39.6% above this benchmark. Historically, FUJIFILM Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.93 to 2.13 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.01, FUJIFILM Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FUJIFILM Holdings's current Cyclically Adjusted PB Ratio of 1.41 is 39.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on FUJIFILM Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FUJIFILM Holdings's current Cyclically Adjusted PB Ratio is 1.41, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FUJIFILM Holdings stock overvalued right now?
Based on GuruFocus' analysis, FUJIFILM Holdings (FUJIY) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.67, compared to a current price of $10.14 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is near median its 10-year median of 1.35 and 39.6% above the Conglomerates industry median of 1.01. FUJIFILM Holdings' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For FUJIFILM Holdings (FUJIY), the current Cyclically Adjusted PB Ratio is 1.41 as of Aug. 25, 2026. 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 FUJIFILM Holdings (FUJIY) Overvalued in 2026?

Based on GuruFocus' analysis, FUJIFILM Holdings stock appears to be undervalued. The current stock price of $10.14 is trading 13.1% below its estimated GF Value™ of $11.67. GuruFocus considers FUJIFILM Holdings to be Modestly Undervalued.

Key valuation signals for FUJIY:

  • Cyclically Adjusted PB Ratio: 1.41 (near median its 10-year median of 1.35)
  • GF Value™: $11.67 vs. price of $10.14 (13.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 39.6% above the Conglomerates median (#274 of 433)

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


FUJIFILM Holdings Business Description

Address 7-3, Akasaka 9-chome, Minato-ku, Tokyo, JPN, 107-0052
FUJIFILM Holdings Corp offers products and services used in photo development and film and photo taking processes. The company produces color films and single use cameras, color paper and chemicals, photofinishing equipment, film and photo processing services, electronic imaging such as digital cameras, optical devices such as camera modules for mobile phones, TV camera lenses and cine lenses, x-ray imaging systems and films, inkjet printers, flat panel materials, recording storage mediums such as data cartridges and videotape products, and office products such as office printers.
86GF Score

Get the complete analysis for FUJIY

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

$10.14
Price
$11.67
GF Value