Fujitsu (TSE:6702) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6702 Fujitsu Ltd TSE:6702
79 GF Score
Price 円3,979.00
GF Value 円3,304.78
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Fujitsu Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujitsu  (TSE:6702) 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.


Fujitsu Cyclically Adjusted PB Ratio Related Terms


Fujitsu Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fujitsu'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.

Fujitsu Cyclically Adjusted PB Ratio Chart

Fujitsu 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 3.20 2.76 3.41 3.64 3.57

Fujitsu Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.42 4.28 5.17 3.72 3.72

TSE:6702 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Fujitsu'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.


Fujitsu Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:6702
79GF Score
Fujitsu Ltd TSE:6702
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujitsu 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.

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

For example, Fujitsu's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1184.351/113.6000*113.6000
=1,184.351

Current CPI (Jun. 2026) = 113.6000.

Fujitsu Quarterly Data

Book Value per Share CPI Adj_Book
201609 413.964 98.000 479.860
201612 457.375 98.400 528.026
201703 497.056 98.100 575.592
201706 496.720 98.500 572.867
201709 527.533 98.800 606.556
201712 546.210 99.400 624.240
201803 585.265 99.200 670.223
201806 613.145 99.200 702.150
201809 630.077 99.900 716.484
201812 583.806 99.700 665.199
201903 618.515 99.700 704.747
201906 610.240 99.800 694.622
201909 635.009 100.100 720.650
201912 649.295 100.500 733.929
202003 673.384 100.300 762.676
202006 670.956 99.900 762.969
202009 676.932 99.900 769.765
202012 714.730 99.300 817.657
202103 777.341 99.900 883.943
202106 785.878 99.500 897.244
202109 798.655 100.100 906.366
202112 833.898 100.100 946.362
202203 873.098 101.100 981.048
202206 884.373 101.800 986.884
202209 912.167 103.100 1,005.065
202212 890.844 104.100 972.141
202303 922.174 104.400 1,003.438
202306 953.492 105.200 1,029.626
202309 968.172 106.200 1,035.634
202312 934.866 106.800 994.389
202403 1,043.249 107.200 1,105.533
202406 1,058.718 108.200 1,111.556
202409 1,038.502 108.900 1,083.323
202412 1,027.976 110.700 1,054.906
202503 1,070.176 111.100 1,094.257
202506 1,072.450 111.700 1,090.692
202509 1,123.393 112.000 1,139.441
202512 1,149.588 113.000 1,155.692
202603 1,178.587 112.700 1,187.999
202606 1,184.351 113.600 1,184.351

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.

Is Fujitsu (TSE:6702) Overvalued in 2026?

Based on GuruFocus' analysis, Fujitsu stock appears to be overvalued. The current stock price of 円3,979.00 is trading 20.4% above its estimated GF Value™ of 円3,304.78. GuruFocus considers Fujitsu to be Modestly Overvalued.

Key valuation signals for TSE:6702:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円3,304.78 vs. price of 円3,979.00 (20.4% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the TSE:6702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujitsu Business Description

Address 4-1-1 Kamikodanaka, Nakahara-ku, Kawasaki-shi, Kanagawa Prefecture, Tokyo, JPN, 211-8588
Fujitsu Ltd delivers total solutions in the field of information and communication technology. The company provides solutions/system integration services focused on information system consulting and construction, and infrastructure services centered on outsourcing services. The company operates in three segments. The Hardware Solution segment covers system products such as servers, storage systems, and network equipment, including mobile base stations and optical transmission systems. Service Solution consists of global services centered on Fujitsu Uvance, along with Japan and overseas region-specific businesses. Ubiquitous Solution focuses on client computing devices such as personal computers. It generates the majority of its revenue from the Service Solution segment.
79GF Score

Get the complete analysis for TSE:6702

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

円3,979.00
Price
円3,304.78
GF Value