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FUJIFILM Holdings (TSE:4901) Cyclically Adjusted PB Ratio : 1.93 (As of Jun. 13, 2024)


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What is FUJIFILM Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-13), FUJIFILM Holdings's current share price is 円3683.00. FUJIFILM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,906.55. FUJIFILM Holdings's Cyclically Adjusted PB Ratio for today is 1.93.

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

TSE:4901' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.15   Max: 2.13
Current: 1.93

During the past years, FUJIFILM Holdings's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.59. And the median was 1.15.

TSE:4901's Cyclically Adjusted PB Ratio is ranked worse than
72.41% of 453 companies
in the Conglomerates industry
Industry Median: 0.97 vs TSE:4901: 1.93

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. 2024 was 円2,632.112. 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1,906.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FUJIFILM Holdings Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

FUJIFILM Holdings Cyclically Adjusted PB Ratio Chart

FUJIFILM Holdings 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 1.22 1.44 1.55 1.27 1.77

FUJIFILM Holdings 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 1.27 1.58 1.57 1.51 1.77

Competitive Comparison of FUJIFILM Holdings's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=3683.00/1906.55
=1.93

* 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. 2024 is calculated as:

For example, FUJIFILM Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2632.112/107.2000*107.2000
=2,632.112

Current CPI (Mar. 2024) = 107.2000.

FUJIFILM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,403.861 98.000 1,535.652
201409 1,450.072 98.500 1,578.149
201412 1,545.041 97.900 1,691.812
201503 1,543.336 97.900 1,689.945
201506 1,558.723 98.400 1,698.121
201509 1,545.261 98.500 1,681.746
201512 1,577.680 98.100 1,724.030
201603 1,490.818 97.900 1,632.438
201606 1,453.979 98.100 1,588.854
201609 1,454.634 98.000 1,591.191
201612 1,574.197 98.400 1,714.979
201703 1,556.084 98.100 1,700.430
201706 1,603.071 98.500 1,744.662
201709 1,625.946 98.800 1,764.184
201712 1,667.458 99.400 1,798.305
201803 1,610.870 99.200 1,740.779
201806 1,640.906 99.200 1,773.237
201809 1,631.581 99.900 1,750.806
201812 1,641.300 99.700 1,764.768
201903 1,658.954 99.700 1,783.750
201906 1,646.890 99.800 1,769.004
201909 1,657.713 100.100 1,775.293
201912 1,673.963 100.500 1,785.561
202003 1,628.891 100.300 1,740.948
202006 1,657.669 99.900 1,778.800
202009 1,679.762 99.900 1,802.507
202012 1,735.124 99.300 1,873.165
202103 1,838.042 99.900 1,972.353
202106 1,891.685 99.500 2,038.077
202109 1,904.718 100.100 2,039.818
202112 1,981.445 100.100 2,121.987
202203 2,081.437 101.100 2,207.023
202206 2,209.383 101.800 2,326.580
202209 2,263.887 103.100 2,353.915
202212 2,239.590 104.100 2,306.283
202303 2,296.325 104.400 2,357.912
202306 2,414.218 105.200 2,460.116
202309 2,472.269 106.200 2,495.548
202312 2,467.861 106.800 2,477.104
202403 2,632.112 107.200 2,632.112

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.


FUJIFILM Holdings  (TSE:4901) 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

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FUJIFILM Holdings (TSE:4901) Business Description

Traded in Other Exchanges
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. The document solutions segment including office printers and the information solutions segment consisting of its x-ray imaging and data storage systems form most of the group's yearly revenue stream.

FUJIFILM Holdings (TSE:4901) Headlines

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