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Fukui Computer Holdings (TSE:9790) Cyclically Adjusted PB Ratio : 3.70 (As of Jun. 19, 2024)


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What is Fukui Computer Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Fukui Computer Holdings's current share price is 円2488.00. Fukui Computer Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円671.71. Fukui Computer Holdings's Cyclically Adjusted PB Ratio for today is 3.70.

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

TSE:9790' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.26   Med: 6.27   Max: 10.27
Current: 3.62

During the past years, Fukui Computer Holdings's highest Cyclically Adjusted PB Ratio was 10.27. The lowest was 3.26. And the median was 6.27.

TSE:9790's Cyclically Adjusted PB Ratio is ranked worse than
62.6% of 1425 companies
in the Software industry
Industry Median: 2.5 vs TSE:9790: 3.62

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.

Fukui Computer Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,128.115. 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671.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fukui Computer Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fukui Computer Holdings'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.

Fukui Computer Holdings Cyclically Adjusted PB Ratio Chart

Fukui Computer Holdings 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 5.26 8.71 6.27 4.54 -

Fukui Computer Holdings 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 4.54 4.46 4.11 3.75 -

Competitive Comparison of Fukui Computer Holdings's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Fukui Computer Holdings'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.


Fukui Computer Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Fukui Computer Holdings 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.

Fukui Computer Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2488.00/671.71
=3.70

* 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.

Fukui Computer Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fukui Computer Holdings'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)
=1128.115/106.8000*106.8000
=1,128.115

Current CPI (Dec. 2023) = 106.8000.

Fukui Computer Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 358.638 95.700 400.236
201406 360.553 98.000 392.929
201409 378.877 98.500 410.803
201412 393.501 97.900 429.274
201503 412.436 97.900 449.930
201506 413.524 98.400 448.825
201509 435.591 98.500 472.296
201512 451.390 98.100 491.422
201603 469.931 97.900 512.652
201606 460.356 98.100 501.183
201609 485.731 98.000 529.348
201612 504.794 98.400 547.886
201703 532.867 98.100 580.124
201706 534.434 98.500 579.468
201709 564.335 98.800 610.030
201712 589.797 99.400 633.705
201803 423.589 99.200 456.041
201806 422.380 99.200 454.740
201809 513.504 99.900 548.971
201812 542.836 99.700 581.493
201903 513.262 99.700 549.813
201906 508.135 99.800 543.776
201909 566.997 100.100 604.948
201912 599.644 100.500 637.234
202003 621.028 100.300 661.274
202006 609.758 99.900 651.873
202009 666.299 99.900 712.320
202012 719.986 99.300 774.366
202103 759.647 99.900 812.115
202106 760.179 99.500 815.951
202109 818.751 100.100 873.553
202112 871.519 100.100 929.852
202203 917.133 101.100 968.841
202206 893.046 101.800 936.909
202209 955.875 103.100 990.179
202212 1,000.372 104.100 1,026.318
202303 1,048.744 104.400 1,072.853
202306 1,038.345 105.200 1,054.137
202309 1,086.616 106.200 1,092.755
202312 1,128.115 106.800 1,128.115

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.


Fukui Computer Holdings  (TSE:9790) 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.


Fukui Computer Holdings Cyclically Adjusted PB Ratio Related Terms

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


Fukui Computer Holdings (TSE:9790) Business Description

Traded in Other Exchanges
Address
Takagi chuo 1-2501, Fukui Prefecture, Fukui City, JPN, 910-8521
Fukui Computer Holdings Inc is engaged in architecture, surveying, development, and sale of various types of computer-aided design (CAD) software. It supplies services for two segments which are architecture and information technology respectively. The architectural business includes the 3D architectural designing system that supports total design work from design to presentation, various applications, integration / estimation, after-sales management. The Measurement Civil Engineering CAD segment is engaged in the development, sale, and maintenance of measurement CAD software and civil engineering CAD software. The Information Technology (IT) Solution segment offers solution services, including other system development, Web application and hosting services.

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