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FUJIKURA KASEI Co (TSE:4620) Cyclically Adjusted PB Ratio : 0.51 (As of Jun. 21, 2024)


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What is FUJIKURA KASEI Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), FUJIKURA KASEI Co's current share price is 円556.00. FUJIKURA KASEI Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,090.26. FUJIKURA KASEI Co's Cyclically Adjusted PB Ratio for today is 0.51.

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

TSE:4620' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.56   Max: 0.86
Current: 0.53

During the past years, FUJIKURA KASEI Co's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.38. And the median was 0.56.

TSE:4620's Cyclically Adjusted PB Ratio is ranked better than
88.98% of 1216 companies
in the Chemicals industry
Industry Median: 1.66 vs TSE:4620: 0.53

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.

FUJIKURA KASEI Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,261.041. 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1,090.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FUJIKURA KASEI Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FUJIKURA KASEI 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.

FUJIKURA KASEI Co Cyclically Adjusted PB Ratio Chart

FUJIKURA KASEI Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.55 0.58 0.47 0.42

FUJIKURA KASEI Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.39 0.42 0.43 0.43 0.39

Competitive Comparison of FUJIKURA KASEI Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, FUJIKURA KASEI 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.


FUJIKURA KASEI Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FUJIKURA KASEI Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FUJIKURA KASEI 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.

FUJIKURA KASEI Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=556.00/1090.26
=0.51

* 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.

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

For example, FUJIKURA KASEI 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)
=1261.041/106.8000*106.8000
=1,261.041

Current CPI (Dec. 2023) = 106.8000.

FUJIKURA KASEI Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 824.314 95.700 919.924
201406 826.197 98.000 900.386
201409 836.104 98.500 906.557
201412 859.639 97.900 937.788
201503 878.666 97.900 958.545
201506 976.259 98.400 1,059.598
201509 892.848 98.500 968.083
201512 891.199 98.100 970.235
201603 905.417 97.900 987.728
201606 880.918 98.100 959.042
201609 870.868 98.000 949.068
201612 885.130 98.400 960.690
201703 959.379 98.100 1,044.462
201706 958.470 98.500 1,039.234
201709 987.709 98.800 1,067.685
201712 1,006.717 99.400 1,081.664
201803 1,021.263 99.200 1,099.505
201806 1,013.943 99.200 1,091.624
201809 1,032.214 99.900 1,103.508
201812 1,044.581 99.700 1,118.969
201903 1,048.402 99.700 1,123.063
201906 1,055.721 99.800 1,129.770
201909 1,056.859 100.100 1,127.598
201912 1,058.820 100.500 1,125.194
202003 1,059.147 100.300 1,127.786
202006 1,036.011 99.900 1,107.567
202009 1,022.280 99.900 1,092.888
202012 1,039.462 99.300 1,117.971
202103 1,064.126 99.900 1,137.624
202106 1,101.515 99.500 1,182.330
202109 1,116.835 100.100 1,191.588
202112 1,112.149 100.100 1,186.589
202203 1,124.401 101.100 1,187.795
202206 1,154.021 101.800 1,210.702
202209 1,197.886 103.100 1,240.875
202212 1,218.298 104.100 1,249.897
202303 1,189.144 104.400 1,216.481
202306 1,196.997 105.200 1,215.202
202309 1,247.097 106.200 1,254.143
202312 1,261.041 106.800 1,261.041

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.


FUJIKURA KASEI Co  (TSE:4620) 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.


FUJIKURA KASEI Co Cyclically Adjusted PB Ratio Related Terms

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FUJIKURA KASEI Co (TSE:4620) Business Description

Traded in Other Exchanges
N/A
Address
6-15, Shibakoen 2-chome, Minato-ku, Tokyo, JPN, 105-0011
FUJIKURA KASEI Co Ltd is engaged in the manufacture and sale of derivative products of acrylic resins. The company's products division include Coatings for plastics, Architectural coatings, Medical materials, Synthetic resins, and Functional polymers/polymers and resins.

FUJIKURA KASEI Co (TSE:4620) Headlines

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