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Fujitsu General (TSE:6755) Cyclically Adjusted PB Ratio : 1.90 (As of Apr. 30, 2024)


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What is Fujitsu General Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Fujitsu General's current share price is 円2039.00. Fujitsu General's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,071.16. Fujitsu General's Cyclically Adjusted PB Ratio for today is 1.90.

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

TSE:6755' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 3.32   Max: 5.23
Current: 1.84

During the past years, Fujitsu General's highest Cyclically Adjusted PB Ratio was 5.23. The lowest was 1.66. And the median was 3.32.

TSE:6755's Cyclically Adjusted PB Ratio is ranked worse than
60.55% of 289 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs TSE:6755: 1.84

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 General's adjusted book value per share data for the three months ended in Mar. 2024 was 円1,324.107. 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1,071.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujitsu General Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujitsu General'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.

Fujitsu General Cyclically Adjusted PB Ratio Chart

Fujitsu General 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 2.93 4.12 2.81 3.87 1.76

Fujitsu General 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 3.87 3.16 2.74 2.21 1.76

Competitive Comparison of Fujitsu General's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Fujitsu General'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 General's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fujitsu General's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujitsu General 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 General's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2039.00/1071.16
=1.90

* 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 General's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fujitsu General'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)
=1324.107/107.2000*107.2000
=1,324.107

Current CPI (Mar. 2024) = 107.2000.

Fujitsu General Quarterly Data

Book Value per Share CPI Adj_Book
201406 538.081 98.000 588.595
201409 587.141 98.500 639.000
201412 640.837 97.900 701.713
201503 710.152 97.900 777.613
201506 761.700 98.400 829.820
201509 723.932 98.500 787.873
201512 763.334 98.100 834.143
201603 812.554 97.900 889.742
201606 797.808 98.100 871.815
201609 813.099 98.000 889.431
201612 821.328 98.400 894.780
201703 886.884 98.100 969.154
201706 935.313 98.500 1,017.924
201709 950.921 98.800 1,031.769
201712 943.753 99.400 1,017.810
201803 998.920 99.200 1,079.478
201806 1,003.097 99.200 1,083.992
201809 1,025.309 99.900 1,100.231
201812 979.976 99.700 1,053.695
201903 1,046.451 99.700 1,125.171
201906 1,039.502 99.800 1,116.579
201909 1,046.737 100.100 1,120.981
201912 1,041.939 100.500 1,111.402
202003 1,021.744 100.300 1,092.033
202006 1,066.417 99.900 1,144.343
202009 1,086.001 99.900 1,165.358
202012 1,084.914 99.300 1,171.226
202103 1,161.600 99.900 1,246.482
202106 1,177.532 99.500 1,268.658
202109 1,162.423 100.100 1,244.873
202112 1,159.662 100.100 1,241.916
202203 1,205.415 101.100 1,278.145
202206 1,241.758 101.800 1,307.627
202209 1,247.419 103.100 1,297.025
202212 1,202.754 104.100 1,238.571
202303 1,272.778 104.400 1,306.914
202306 1,320.071 105.200 1,345.167
202309 1,336.344 106.200 1,348.927
202312 1,287.546 106.800 1,292.368
202403 1,324.107 107.200 1,324.107

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.


Fujitsu General  (TSE:6755) 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 General Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fujitsu General's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujitsu General (TSE:6755) Business Description

Traded in Other Exchanges
Address
3-3-17, Suenaga, Kawasaki-shi, Kanagawa, JPN, 213-8502
Fujitsu General Ltd is a Japan-based company engaged in the manufacturing and selling of engineering and electronics equipment which includes air conditioners, electric carpets, fire-fighting systems, surveillance cameras and security network systems. Its products include Air Conditioners business, Electronic Devices such as Air to Water, Air Deodoriser, Charge-coupled device Cameras, Low Noise Block down converter, Ku band transmitter for broadband satellite communications and Others.

Fujitsu General (TSE:6755) Headlines

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