Fuji Electric Industry Co (TSE:6654) Cyclically Adjusted PB Ratio: 0.55 (As of Aug. 20, 2026) — 13% Below Median

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TSE:6654 Fuji Electric Industry Co Ltd TSE:6654
75 GF Score
Price 円1,090.00
GF Value 円1,183.81
Valuation Fairly Valued
! 4 Warning Signs
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What is Fuji Electric Industry Co Cyclically Adjusted PB Ratio?

Fuji Electric Industry Co TSE:6654 -0.09% 75 Cyclically Adjusted PB Ratio is 0.55 as of Aug. 20, 2026, which is 13% below its 10-year median of 0.63. GuruFocus rates TSE:6654 with a GF Score™ of 75/100 and a GF Value™ of 円1,183.81 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,167 Industrial Products companies, Fuji Electric Industry Co ranks better than 87.22% on this metric.

As of today (2026-08-20), Fuji Electric Industry Co's current share price is 円1090.00. Fuji Electric Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円1,979.96. Fuji Electric Industry Co's Cyclically Adjusted PB Ratio for today is 0.55.

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

TSE:6654' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.63   Max: 0.81
Current: 0.56

During the past years, Fuji Electric Industry Co's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.50. And the median was 0.63.

TSE:6654's Cyclically Adjusted PB Ratio is ranked better than
87.22% of 2167 companies
in the Industrial Products industry
Industry Median: 2.16 vs TSE:6654: 0.56

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.

Fuji Electric Industry Co's adjusted book value per share data for the three months ended in Jan. 2026 was 円2,011.408. 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1,979.96 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuji Electric Industry Co  (TSE:6654) 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 Electric Industry Co Cyclically Adjusted PB Ratio Related Terms


Fuji Electric Industry Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fuji Electric Industry 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 Electric Industry Co Cyclically Adjusted PB Ratio Chart

Fuji Electric Industry Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.60 0.63 0.54 0.54

Fuji Electric Industry Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.54 0.53 0.56 0.54 0.00

TSE:6654 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fuji Electric Industry 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 Electric Industry Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuji Electric Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6654
75GF Score
Fuji Electric Industry Co Ltd TSE:6654
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1090.00/1979.96
=0.55

* 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 Electric Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Fuji Electric Industry Co's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=2011.408/112.9000*112.9000
=2,011.408

Current CPI (Jan. 2026) = 112.9000.

Fuji Electric Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201601 1,691.337 97.700 1,954.472
201604 1,680.997 98.100 1,934.603
201607 1,615.111 97.900 1,862.574
201610 1,609.948 98.600 1,843.439
201701 1,737.222 98.200 1,997.275
201704 1,728.799 98.500 1,981.537
201707 1,736.124 98.300 1,993.982
201710 1,734.725 98.800 1,982.292
201801 1,745.546 99.500 1,980.625
201804 1,743.164 99.100 1,985.905
201807 1,752.794 99.200 1,994.863
201810 1,744.050 100.200 1,965.102
201901 1,751.014 99.700 1,982.843
201904 1,742.617 100.000 1,967.415
201907 1,760.897 99.800 1,992.037
201910 1,760.333 100.400 1,979.498
202001 1,770.084 100.500 1,988.482
202004 1,755.475 100.200 1,977.975
202007 1,765.719 100.000 1,993.497
202010 1,778.106 99.800 2,011.505
202101 1,787.969 99.800 2,022.662
202104 1,786.208 99.100 2,034.943
202107 1,787.643 99.700 2,024.322
202110 1,786.607 99.900 2,019.098
202201 1,791.179 100.300 2,016.193
202204 1,786.491 101.500 1,987.141
202207 1,827.864 102.300 2,017.261
202210 1,820.391 103.700 1,981.891
202301 1,832.659 104.700 1,976.191
202304 1,837.763 105.100 1,974.153
202307 1,861.575 105.700 1,988.380
202310 1,859.031 107.100 1,959.707
202401 1,881.994 106.900 1,987.625
202404 1,893.800 107.700 1,985.237
202407 1,920.915 108.600 1,996.973
202501 1,936.764 111.200 1,966.373
202504 1,929.766 111.500 1,953.996
202507 1,954.472 111.900 1,971.938
202510 1,951.185 112.800 1,952.915
202601 2,011.408 112.900 2,011.408

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 0.55 mean?
Fuji Electric Industry Co (TSE:6654) has a Cyclically Adjusted PB Ratio of 0.55 as of Aug. 20, 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 Electric Industry Co and its competitors. This is 13% below median its historical median of 0.63. Over the past decade, Fuji Electric Industry Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.81. According to the industry distribution chart, Fuji Electric Industry Co ranks #277 out of 2167 companies in the Industrial Products industry, placing it in the top 12.8%.
Is Fuji Electric Industry Co's Cyclically Adjusted PB Ratio too high?
Fuji Electric Industry Co's current Cyclically Adjusted PB Ratio of 0.55 is 13% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.81. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Fuji Electric Industry Co's value of 0.55 is 74.5% below this industry median. Based on the distribution chart, Fuji Electric Industry Co ranks #277 out of 2167 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fuji Electric Industry Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuji Electric Industry Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fuji Electric Industry Co ranks #277 out of 2167 companies for Cyclically Adjusted PB Ratio. This places Fuji Electric Industry Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.16. Fuji Electric Industry Co's value of 0.55 is 74.5% below this benchmark. Historically, Fuji Electric Industry Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.81 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 2.16, Fuji Electric Industry 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,167 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 Electric Industry Co's current Cyclically Adjusted PB Ratio of 0.55 is 74.5% 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 Electric Industry Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji Electric Industry Co's current Cyclically Adjusted PB Ratio is 0.55, which is 13% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fuji Electric Industry Co (TSE:6654) is currently considered Fairly Valued. The stock's GF Value™ is 円1,183.81, compared to a current price of 円1,090.00 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 13% below median its 10-year median of 0.63 and 74.5% below the Industrial Products industry median of 2.16. Fuji Electric Industry Co's overall GF Score™ is 75/100 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 Fuji Electric Industry Co (TSE:6654), the current Cyclically Adjusted PB Ratio is 0.55 as of Aug. 20, 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 Electric Industry Co (TSE:6654) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji Electric Industry Co stock appears to be undervalued. The current stock price of 円1,090.00 is trading 7.9% below its estimated GF Value™ of 円1,183.81. GuruFocus considers Fuji Electric Industry Co to be Fairly Valued.

Key valuation signals for TSE:6654:

  • Cyclically Adjusted PB Ratio: 0.55 (13% below median its 10-year median of 0.63)
  • GF Value™: 円1,183.81 vs. price of 円1,090.00 (7.9% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 74.5% below the Industrial Products median (#277 of 2167)

No single metric tells the full story. See the TSE:6654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Electric Industry Co Business Description

Address 585, Higashihachiman-cho, Oike-dori Tominokoji Nishi-iru, Nakagyo-ku, Kyoto, JPN, 604-0954
Fuji Electric Industry Co Ltd is a Japan-based company mainly engaged in the manufacturing and sales of control switches, connecting devices, electronic devices, pilot lamps, and indicators.
75GF Score

Get the complete analysis for TSE:6654

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

円1,090.00
Price
円1,183.81
GF Value