Fujitsu (TSE:6702) Cyclically Adjusted PB Ratio: 4.43 (As of Aug. 07, 2026) — 19% Above Median

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TSE:6702 Fujitsu Ltd TSE:6702
72 GF Score
Price 円3,579.00
GF Value 円3,190.30
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Fujitsu Cyclically Adjusted PB Ratio?

Fujitsu TSE:6702 +2.76% 72 Cyclically Adjusted PB Ratio is 4.43 as of Aug. 07, 2026, which is 19% above its 10-year median of 3.72. GuruFocus rates TSE:6702 with a GF Score™ of 72/100 and a GF Value™ of 円3,190.30 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,564 Software companies, Fujitsu ranks worse than 73.21% on this metric.

As of today (2026-08-07), Fujitsu's current share price is 円3579.00. Fujitsu's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円807.68. Fujitsu's Cyclically Adjusted PB Ratio for today is 4.43.

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

TSE:6702' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.72   Max: 5.97
Current: 4.43

During the past years, Fujitsu's highest Cyclically Adjusted PB Ratio was 5.97. The lowest was 1.89. And the median was 3.72.

TSE:6702's Cyclically Adjusted PB Ratio is ranked worse than
73.21% of 1564 companies
in the Software industry
Industry Median: 2.245 vs TSE:6702: 4.43

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.

Fujitsu's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,173.251. 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807.68 for the trailing ten years ended in Jun. 2026.

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 3.77 3.25 4.03 4.21 4.06

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 4.87 4.70 5.66 4.06 4.02

TSE:6702 vs IBM, ACN, FISV: 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
72GF Score
Fujitsu Ltd TSE:6702
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3579.00/807.68
=4.43

* 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'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)
=1173.251/113.6000*113.6000
=1,173.251

Current CPI (Jun. 2026) = 113.6000.

Fujitsu Quarterly Data

Book Value per Share CPI Adj_Book
201609 350.817 98.000 406.661
201612 391.332 98.400 451.782
201703 429.798 98.100 497.707
201706 429.318 98.500 495.132
201709 458.922 98.800 527.667
201712 485.203 99.400 554.518
201803 528.383 99.200 605.084
201806 555.268 99.200 635.871
201809 570.911 99.900 649.204
201812 524.453 99.700 597.571
201903 558.530 99.700 636.399
201906 552.239 99.800 628.601
201909 577.301 100.100 655.159
201912 596.480 100.500 674.230
202003 619.710 100.300 701.885
202006 616.676 99.900 701.245
202009 632.959 99.900 719.761
202012 669.280 99.300 765.662
202103 728.714 99.900 828.648
202106 736.131 99.500 840.447
202109 743.537 100.100 843.814
202112 774.555 100.100 879.015
202203 809.466 101.100 909.548
202206 816.663 101.800 911.325
202209 839.392 103.100 924.878
202212 806.358 104.100 879.945
202303 842.534 104.400 916.780
202306 871.869 105.200 941.486
202309 883.936 106.200 945.529
202312 850.831 106.800 905.004
202403 952.757 107.200 1,009.638
202406 966.478 108.200 1,014.713
202409 945.928 108.900 986.753
202412 935.269 110.700 959.770
202503 979.533 111.100 1,001.575
202506 1,062.833 111.700 1,080.912
202509 1,113.171 112.000 1,129.073
202512 1,138.321 113.000 1,144.365
202603 1,167.247 112.700 1,176.568
202606 1,173.251 113.600 1,173.251

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 4.43 mean?
Fujitsu (TSE:6702) has a Cyclically Adjusted PB Ratio of 4.43 as of Aug. 07, 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 Fujitsu and its competitors. This is 19% above median its historical median of 3.72. Over the past decade, Fujitsu's Cyclically Adjusted PB Ratio has ranged from 1.89 to 5.97. According to the industry distribution chart, Fujitsu ranks #1145 out of 1564 companies in the Software industry, placing it in the top 73.2%.
Is Fujitsu's Cyclically Adjusted PB Ratio too high?
Fujitsu's current Cyclically Adjusted PB Ratio of 4.43 is 19% above median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 5.97. The Software industry median Cyclically Adjusted PB Ratio is 2.25. Fujitsu's value of 4.43 is 97.3% above this industry median. Based on the distribution chart, Fujitsu ranks #1145 out of 1564 companies in the Software industry, which is below the industry midpoint. Overall, Fujitsu has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujitsu's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Fujitsu ranks #1145 out of 1564 companies for Cyclically Adjusted PB Ratio. This places Fujitsu in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. Fujitsu's value of 4.43 is 97.3% above this benchmark. Historically, Fujitsu's own Cyclically Adjusted PB Ratio has ranged from 1.89 to 5.97 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 2.25, Fujitsu has consistently been above 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.25, based on 1,564 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. Fujitsu's current Cyclically Adjusted PB Ratio of 4.43 is 97.3% above 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 Fujitsu and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujitsu's current Cyclically Adjusted PB Ratio is 4.43, which is 19% above median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujitsu stock overvalued right now?
Based on GuruFocus' analysis, Fujitsu (TSE:6702) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,190.30, compared to a current price of 円3,579.00 — trading 12.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.43, which is 19% above median its 10-year median of 3.72 and 97.3% above the Software industry median of 2.25. Fujitsu's overall GF Score™ is 72/100 with 1 warning sign 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 Fujitsu (TSE:6702), the current Cyclically Adjusted PB Ratio is 4.43 as of Aug. 07, 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 Fujitsu (TSE:6702) Overvalued in 2026?

Based on GuruFocus' analysis, Fujitsu stock appears to be overvalued. The current stock price of 円3,579.00 is trading 12.2% above its estimated GF Value™ of 円3,190.30. GuruFocus considers Fujitsu to be Modestly Overvalued.

Key valuation signals for TSE:6702:

  • Cyclically Adjusted PB Ratio: 4.43 (19% above median its 10-year median of 3.72)
  • GF Value™: 円3,190.30 vs. price of 円3,579.00 (12.2% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 97.3% above the Software median (#1145 of 1564)

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.
72GF 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3,579.00
Price
円3,190.30
GF Value