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Fujitec Co (FRA:FJC) Cyclically Adjusted Book per Share : €8.58 (As of Dec. 2023)


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What is Fujitec Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Fujitec Co's adjusted book value per share for the three months ended in Dec. 2023 was €12.064. 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 €8.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fujitec Co's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fujitec Co was 8.60% per year. The lowest was 6.50% per year. And the median was 7.30% per year.

As of today (2024-05-16), Fujitec Co's current stock price is €23.40. Fujitec Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €8.58. Fujitec Co's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujitec Co was 2.97. The lowest was 1.20. And the median was 2.20.


Fujitec Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujitec Co's Cyclically Adjusted Book per Share 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.

Fujitec Co Cyclically Adjusted Book per Share Chart

Fujitec Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 8.23 8.21 8.27 8.70

Fujitec 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 Book per Share 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 8.69 8.70 8.18 8.30 8.58

Competitive Comparison of Fujitec Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Fujitec 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.


Fujitec Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujitec Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fujitec Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Fujitec 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)
=12.064/106.8000*106.8000
=12.064

Current CPI (Dec. 2023) = 106.8000.

Fujitec Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.448 95.700 7.196
201406 6.659 98.000 7.257
201409 6.794 98.500 7.366
201412 6.969 97.900 7.603
201503 8.254 97.900 9.004
201506 7.215 98.400 7.831
201509 7.680 98.500 8.327
201512 7.736 98.100 8.422
201603 8.774 97.900 9.572
201606 8.830 98.100 9.613
201609 9.076 98.000 9.891
201612 9.188 98.400 9.972
201703 9.515 98.100 10.359
201706 9.139 98.500 9.909
201709 8.950 98.800 9.675
201712 9.157 99.400 9.839
201803 9.515 99.200 10.244
201806 9.817 99.200 10.569
201809 9.977 99.900 10.666
201812 10.295 99.700 11.028
201903 10.127 99.700 10.848
201906 10.412 99.800 11.142
201909 10.826 100.100 11.551
201912 10.669 100.500 11.338
202003 11.087 100.300 11.805
202006 10.678 99.900 11.416
202009 10.625 99.900 11.359
202012 11.346 99.300 12.203
202103 10.710 99.900 11.450
202106 10.885 99.500 11.684
202109 11.578 100.100 12.353
202112 11.813 100.100 12.604
202203 11.871 101.100 12.540
202206 11.483 101.800 12.047
202209 11.947 103.100 12.376
202212 11.670 104.100 11.973
202303 11.465 104.400 11.729
202306 10.907 105.200 11.073
202309 11.374 106.200 11.438
202312 12.064 106.800 12.064

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fujitec Co  (FRA:FJC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Fujitec Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.40/8.58
=2.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujitec Co was 2.97. The lowest was 1.20. And the median was 2.20.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fujitec Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fujitec Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujitec Co (FRA:FJC) Business Description

Industry
Traded in Other Exchanges
Address
591-1 Miyatacho, Shiga Prefecture, Hikone, JPN, 522-8588
Fujitec Co Ltd is a Japan-based company that designs, develops, manufactures, sells, and installs elevators and escalators. The company has a global presence, with Japan, North America, South Asia, and East Asia being its largest markets. On the other hand, its manufacturing bases are spread worldwide, in locations including Japan, China, the United States, South Korea, Taiwan, and India. The company also provides aftersale maintenance services such as real-time parts support, remote monitoring, and product modernization.

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