Fujimi (NGO:5384) Cyclically Adjusted PB Ratio: 3.04 (As of Aug. 03, 2026) — 13% Above Median

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Director of Data and Quant Analytics at GuruFocus
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NGO:5384 Fujimi Inc NGO:5384
95 GF Score
Price 円2,100.00
GF Value 円1,688.53
! 2 Warning Signs
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What is Fujimi Cyclically Adjusted PB Ratio?

Fujimi NGO:5384 95 Cyclically Adjusted PB Ratio is 3.04 as of Aug. 03, 2026, which is 13% above its 10-year median of 2.68. GuruFocus rates NGO:5384 with a GF Score™ of 95/100 and a GF Value™ of 円1,688.53. The stock has 2 warning signs investors should review. Among 731 Semiconductors companies, Fujimi ranks worse than 62.52% on this metric.

As of today (2026-08-03), Fujimi's current share price is 円2100.00. Fujimi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円691.00. Fujimi's Cyclically Adjusted PB Ratio for today is 3.04.

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

NGO:5384' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.68   Max: 5.44
Current: 4.56

During the past years, Fujimi's highest Cyclically Adjusted PB Ratio was 5.44. The lowest was 1.18. And the median was 2.68.

NGO:5384's Cyclically Adjusted PB Ratio is ranked worse than
62.52% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs NGO:5384: 4.56

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.

Fujimi's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,130.582. 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691.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujimi  (NGO:5384) 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.


Fujimi Cyclically Adjusted PB Ratio Related Terms


Fujimi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fujimi'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.

Fujimi Cyclically Adjusted PB Ratio Chart

Fujimi 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 3.43 3.43 4.59 2.28 3.04

Fujimi 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 2.28 2.42 2.53 2.71 3.04

NGO:5384 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Fujimi'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.


Fujimi Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


NGO:5384
95GF Score
Fujimi Inc NGO:5384
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujimi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2100.00/691.00
=3.04

* 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.

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

For example, Fujimi'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)
=1130.582/112.7000*112.7000
=1,130.582

Current CPI (Mar. 2026) = 112.7000.

Fujimi Quarterly Data

Book Value per Share CPI Adj_Book
201606 594.862 98.100 683.394
201609 607.285 98.000 698.378
201612 632.381 98.400 724.282
201703 624.266 98.100 717.174
201706 627.147 98.500 717.558
201709 640.995 98.800 731.175
201712 650.353 99.400 737.372
201803 647.040 99.200 735.095
201806 652.868 99.200 741.716
201809 671.192 99.900 757.191
201812 669.948 99.700 757.303
201903 679.279 99.700 767.851
201906 671.003 99.800 757.736
201909 689.246 100.100 776.004
201912 697.117 100.500 781.742
202003 702.219 100.300 789.034
202006 709.824 99.900 800.772
202009 725.749 99.900 818.738
202012 730.752 99.300 829.363
202103 756.233 99.900 853.128
202106 766.561 99.500 868.256
202109 803.856 100.100 905.041
202112 813.753 100.100 916.183
202203 848.965 101.100 946.373
202206 857.507 101.800 949.323
202209 987.667 103.100 1,079.632
202212 884.749 104.100 957.841
202303 930.229 104.400 1,004.184
202306 937.401 105.200 1,004.231
202309 962.768 106.200 1,021.694
202312 938.153 106.800 989.980
202403 978.324 107.200 1,028.518
202406 988.057 108.200 1,029.150
202409 993.193 108.900 1,027.850
202412 1,016.486 110.700 1,034.851
202503 1,026.084 111.100 1,040.861
202506 1,025.666 111.700 1,034.848
202509 1,071.270 112.000 1,077.965
202512 1,094.321 113.000 1,091.416
202603 1,130.582 112.700 1,130.582

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 3.04 mean?
Fujimi (NGO:5384) has a Cyclically Adjusted PB Ratio of 3.04 as of Aug. 03, 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 Fujimi and its competitors. This is 13% above median its historical median of 2.68. Over the past decade, Fujimi's Cyclically Adjusted PB Ratio has ranged from 1.18 to 5.44. According to the industry distribution chart, Fujimi ranks #457 out of 731 companies in the Semiconductors industry, placing it in the top 62.5%.
Is Fujimi's Cyclically Adjusted PB Ratio too high?
Fujimi's current Cyclically Adjusted PB Ratio of 3.04 is 13% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 5.44. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. Fujimi's value of 3.04 is 1.9% below this industry median. Based on the distribution chart, Fujimi ranks #457 out of 731 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Fujimi has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Fujimi's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Fujimi ranks #457 out of 731 companies for Cyclically Adjusted PB Ratio. This places Fujimi in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. Fujimi's value of 3.04 is 1.9% below this benchmark. Historically, Fujimi's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 5.44 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 3.10, Fujimi has consistently been below 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.10, based on 731 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. Fujimi's current Cyclically Adjusted PB Ratio of 3.04 is 1.9% below 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 Fujimi and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujimi's current Cyclically Adjusted PB Ratio is 3.04, which is 13% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujimi stock overvalued right now?
Fujimi (NGO:5384) has a current Cyclically Adjusted PB Ratio of 3.04. The stock's GF Value™ is 円1,688.53, compared to a current price of 円2,100.00 — trading 24.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.04, which is 13% above median its 10-year median of 2.68 and 1.9% below the Semiconductors industry median of 3.10. Fujimi's overall GF Score™ is 95/100 with 2 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 Fujimi (NGO:5384), the current Cyclically Adjusted PB Ratio is 3.04 as of Aug. 03, 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 Fujimi (NGO:5384) Overvalued in 2026?

Based on GuruFocus' analysis, Fujimi stock appears to be overvalued. The current stock price of 円2,100.00 is trading 24.4% above its estimated GF Value™ of 円1,688.53.

Key valuation signals for NGO:5384:

  • Cyclically Adjusted PB Ratio: 3.04 (13% above median its 10-year median of 2.68)
  • GF Value™: 円1,688.53 vs. price of 円2,100.00 (24.4% above fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 1.9% below the Semiconductors median (#457 of 731)

No single metric tells the full story. See the NGO:5384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujimi Business Description

Other Exchanges 5384:Japan
Address 1-1, Chiryo-2, Nishibiwajima-cho, Kiyosu, Kiyosu, JPN, 452-8502
Fujimi Inc is a Japan-based company engaged in the manufacture and sale of synthetic precision abrasives materials. The company offers abrasives for silicon wafers and other semiconductor substrates, chemical mechanical planarization products which are required for multilayered circuits on semiconductor chips, and abrasives for computer hard disks. In addition, it also provides various materials that are used in electronic components, and thermal spray material related to the engine, and many more. The company operates in four geographical regions, including Japan, North America, Asia, and Europe.
95GF Score

Get the complete analysis for NGO:5384

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

円2,100.00
Price
円1,688.53
GF Value