Fuji Pharma Co (TSE:4554) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 11, 2026) — Near Median

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TSE:4554 Fuji Pharma Co Ltd TSE:4554
82 GF Score
Price 円1,824.00
GF Value 円1,895.18
Valuation Fairly Valued
! 3 Warning Signs
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What is Fuji Pharma Co Cyclically Adjusted PB Ratio?

Fuji Pharma Co TSE:4554 +2.99% 82 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 11, 2026, which is 4% above its 10-year median of 1.13. GuruFocus rates TSE:4554 with a GF Score™ of 82/100 and a GF Value™ of 円1,895.18 (Fairly Valued). The stock has 3 warning signs investors should review. Among 732 Drug Manufacturers companies, Fuji Pharma Co ranks better than 68.17% on this metric.

As of today (2026-08-11), Fuji Pharma Co's current share price is 円1824.00. Fuji Pharma Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,561.26. Fuji Pharma Co's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSE:4554' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.13   Max: 2.24
Current: 1.13

During the past years, Fuji Pharma Co's highest Cyclically Adjusted PB Ratio was 2.24. The lowest was 0.83. And the median was 1.13.

TSE:4554's Cyclically Adjusted PB Ratio is ranked better than
68.17% of 732 companies
in the Drug Manufacturers industry
Industry Median: 1.81 vs TSE:4554: 1.13

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 Pharma Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,966.156. 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1,561.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuji Pharma Co  (TSE:4554) 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.


Fuji Pharma Co Cyclically Adjusted PB Ratio Related Terms


Fuji Pharma Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fuji Pharma 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.

Fuji Pharma Co Cyclically Adjusted PB Ratio Chart

Fuji Pharma Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 0.89 0.92 0.92 1.02

Fuji Pharma Co 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 0.92 0.93 1.02 1.22 1.52

TSE:4554 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Fuji Pharma 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.


Fuji Pharma Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Fuji Pharma Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4554
82GF Score
Fuji Pharma Co Ltd TSE:4554
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji Pharma 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.

Fuji Pharma Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1824.00/1561.26
=1.17

* 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.

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

For example, Fuji Pharma Co'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)
=1966.156/112.7000*112.7000
=1,966.156

Current CPI (Mar. 2026) = 112.7000.

Fuji Pharma Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 962.380 98.100 1,105.609
201609 976.803 98.000 1,123.323
201612 1,020.656 98.400 1,168.983
201703 1,044.522 98.100 1,199.976
201706 1,064.643 98.500 1,218.125
201709 1,089.144 98.800 1,242.374
201712 1,123.793 99.400 1,274.160
201803 1,133.516 99.200 1,287.775
201806 1,146.447 99.200 1,302.465
201809 1,181.311 99.900 1,332.670
201812 1,205.040 99.700 1,362.167
201903 1,228.234 99.700 1,388.385
201906 1,304.502 99.800 1,473.120
201909 1,263.514 100.100 1,422.558
201912 1,287.173 100.500 1,443.427
202003 1,260.240 100.300 1,416.042
202006 1,279.757 99.900 1,443.730
202009 1,282.390 99.900 1,446.700
202012 1,306.878 99.300 1,483.234
202103 1,339.408 99.900 1,511.024
202106 1,357.178 99.500 1,537.226
202109 1,345.535 100.100 1,514.903
202112 1,387.574 100.100 1,562.234
202203 1,471.816 101.100 1,640.689
202206 1,462.140 101.800 1,618.695
202209 1,473.595 103.100 1,610.807
202212 1,581.354 104.100 1,711.994
202303 1,664.787 104.400 1,797.141
202306 1,664.499 105.200 1,783.166
202309 1,694.112 106.200 1,797.801
202312 1,726.637 106.800 1,822.022
202403 1,812.356 107.200 1,905.341
202406 1,849.087 108.200 1,925.990
202409 1,873.889 108.900 1,939.277
202412 1,964.174 110.700 1,999.660
202503 1,880.882 111.100 1,907.969
202506 1,861.460 111.700 1,878.125
202509 1,917.890 112.000 1,929.877
202512 1,960.540 113.000 1,955.335
202603 1,966.156 112.700 1,966.156

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 1.17 mean?
Fuji Pharma Co (TSE:4554) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 11, 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 Fuji Pharma Co and its competitors. This is near median its historical median of 1.13. Over the past decade, Fuji Pharma Co's Cyclically Adjusted PB Ratio has ranged from 0.83 to 2.24. According to the industry distribution chart, Fuji Pharma Co ranks #233 out of 732 companies in the Drug Manufacturers industry, placing it in the top 31.8%.
Is Fuji Pharma Co's Cyclically Adjusted PB Ratio too high?
Fuji Pharma Co's current Cyclically Adjusted PB Ratio of 1.17 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.24. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.81. Fuji Pharma Co's value of 1.17 is 35.4% below this industry median. Based on the distribution chart, Fuji Pharma Co ranks #233 out of 732 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Fuji Pharma Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuji Pharma Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Fuji Pharma Co ranks #233 out of 732 companies for Cyclically Adjusted PB Ratio. This puts Fuji Pharma Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Fuji Pharma Co's value of 1.17 is 35.4% below this benchmark. Historically, Fuji Pharma Co's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 2.24 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.81, Fuji Pharma Co 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.81, based on 732 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. Fuji Pharma Co's current Cyclically Adjusted PB Ratio of 1.17 is 35.4% 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 Fuji Pharma Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji Pharma Co's current Cyclically Adjusted PB Ratio is 1.17, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji Pharma Co stock overvalued right now?
Based on GuruFocus' analysis, Fuji Pharma Co (TSE:4554) is currently considered Fairly Valued. The stock's GF Value™ is 円1,895.18, compared to a current price of 円1,824.00 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is near median its 10-year median of 1.13 and 35.4% below the Drug Manufacturers industry median of 1.81. Fuji Pharma Co's overall GF Score™ is 82/100 with 3 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 Fuji Pharma Co (TSE:4554), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 11, 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 Fuji Pharma Co (TSE:4554) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji Pharma Co stock appears to be undervalued. The current stock price of 円1,824.00 is trading 3.8% below its estimated GF Value™ of 円1,895.18. GuruFocus considers Fuji Pharma Co to be Fairly Valued.

Key valuation signals for TSE:4554:

  • Cyclically Adjusted PB Ratio: 1.17 (near median its 10-year median of 1.13)
  • GF Value™: 円1,895.18 vs. price of 円1,824.00 (3.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 35.4% below the Drug Manufacturers median (#233 of 732)

No single metric tells the full story. See the TSE:4554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Pharma Co Business Description

Address 5-7 Sanban-cho, Chiyoda-ku, Tokyo, JPN, 102-0075
Fuji Pharma Co Ltd is involved in the development, manufacture, and marketing of pharmaceutical products, such as injection agents, internal drugs, drugs for external use, and diagnostic products. The group consists of a single segment, the pharmaceutical business.
82GF Score

Get the complete analysis for TSE:4554

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

円1,824.00
Price
円1,895.18
GF Value