GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fukuvi Chemical Industry Co Ltd (TSE:7871) » Definitions » Cyclically Adjusted PB Ratio

Fukuvi Chemical Industry Co (TSE:7871) Cyclically Adjusted PB Ratio : 0.52 (As of Jun. 20, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Fukuvi Chemical Industry Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Fukuvi Chemical Industry Co's current share price is 円811.00. Fukuvi Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,560.96. Fukuvi Chemical Industry Co's Cyclically Adjusted PB Ratio for today is 0.52.

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

TSE:7871' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.43   Max: 0.61
Current: 0.53

During the past years, Fukuvi Chemical Industry Co's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.28. And the median was 0.43.

TSE:7871's Cyclically Adjusted PB Ratio is ranked better than
76.51% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs TSE:7871: 0.53

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.

Fukuvi Chemical Industry Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,763.788. 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1,560.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fukuvi Chemical Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fukuvi Chemical 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.

* Premium members only.

Fukuvi Chemical Industry Co Cyclically Adjusted PB Ratio Chart

Fukuvi Chemical Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.30 0.39 0.42 0.39

Fukuvi Chemical Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.38 0.39 0.44 0.49 0.53

Competitive Comparison of Fukuvi Chemical Industry Co's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Fukuvi Chemical 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.


Fukuvi Chemical Industry Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fukuvi Chemical Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fukuvi Chemical 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.

Fukuvi Chemical Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=811.00/1560.96
=0.52

* 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.

Fukuvi Chemical Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fukuvi Chemical Industry Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1763.788/106.8000*106.8000
=1,763.788

Current CPI (Dec. 2023) = 106.8000.

Fukuvi Chemical Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,224.861 95.700 1,366.930
201406 1,238.831 98.000 1,350.073
201409 1,246.204 98.500 1,351.214
201412 1,266.141 97.900 1,381.245
201503 1,294.421 97.900 1,412.096
201506 1,304.559 98.400 1,415.924
201509 1,306.742 98.500 1,416.853
201512 1,329.637 98.100 1,447.556
201603 1,313.145 97.900 1,432.522
201606 1,309.458 98.100 1,425.587
201609 1,325.417 98.000 1,444.434
201612 1,352.047 98.400 1,467.466
201703 1,381.394 98.100 1,503.903
201706 1,393.036 98.500 1,510.419
201709 1,423.111 98.800 1,538.343
201712 1,449.547 99.400 1,557.461
201803 1,457.100 99.200 1,568.733
201806 1,456.130 99.200 1,567.688
201809 1,465.686 99.900 1,566.920
201812 1,468.112 99.700 1,572.662
201903 1,474.868 99.700 1,579.899
201906 1,470.988 99.800 1,574.164
201909 1,482.338 100.100 1,581.555
201912 1,508.278 100.500 1,602.827
202003 1,481.225 100.300 1,577.217
202006 1,475.665 99.900 1,577.588
202009 1,491.459 99.900 1,594.473
202012 1,512.173 99.300 1,626.385
202103 1,555.203 99.900 1,662.619
202106 1,555.988 99.500 1,670.146
202109 1,573.753 100.100 1,679.089
202112 1,577.188 100.100 1,682.754
202203 1,595.661 101.100 1,685.624
202206 1,591.011 101.800 1,669.155
202209 1,612.205 103.100 1,670.063
202212 1,666.927 104.100 1,710.161
202303 1,688.171 104.400 1,726.980
202306 1,721.913 105.200 1,748.102
202309 1,748.101 106.200 1,757.977
202312 1,763.788 106.800 1,763.788

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.


Fukuvi Chemical Industry Co  (TSE:7871) 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.


Fukuvi Chemical Industry Co Cyclically Adjusted PB Ratio Related Terms

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


Fukuvi Chemical Industry Co (TSE:7871) Business Description

Traded in Other Exchanges
N/A
Address
33-66 Sanjuhassha-cho, Fukui, JPN, 918-8585
Fukuvi Chemical Industry Co Ltd is the plastic extrusion manufacturer of construction and industrial products in Japan. The company's brand portfolio consists of PlusWood, Base Board, Corner Bead, among others. The company also act as an Original Equipment Manufacturer that offers extrusions and innovative design solutions that are tailored to its customers needs. It serves as an original equipment manufacturer for the various industries namely Window Frames, Refrigerated Display Cases, Cooler Ducts for Vehicles, and many other applications.

Fukuvi Chemical Industry Co (TSE:7871) Headlines

No Headlines