GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » FUJI Media Holdings Inc (OTCPK:FJTNF) » Definitions » Cyclically Adjusted PB Ratio

FUJI Media Holdings (FUJI Media Holdings) Cyclically Adjusted PB Ratio : 0.56 (As of May. 16, 2024)


View and export this data going back to 2012. Start your Free Trial

What is FUJI Media Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-16), FUJI Media Holdings's current share price is $13.29. FUJI Media Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $23.81. FUJI Media Holdings's Cyclically Adjusted PB Ratio for today is 0.56.

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

FJTNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.47   Max: 0.8
Current: 0.55

During the past years, FUJI Media Holdings's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.32. And the median was 0.47.

FJTNF's Cyclically Adjusted PB Ratio is ranked better than
75.77% of 652 companies
in the Media - Diversified industry
Industry Median: 1.13 vs FJTNF: 0.55

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.

FUJI Media Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $27.115. 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 $23.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FUJI Media Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FUJI Media 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.

FUJI Media Holdings Cyclically Adjusted PB Ratio Chart

FUJI Media 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 0.39 0.48 0.39 0.37 -

FUJI Media 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 0.37 0.46 0.48 0.46 -

Competitive Comparison of FUJI Media Holdings's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, FUJI Media 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.


FUJI Media Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FUJI Media Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FUJI Media 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.

FUJI Media Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.29/23.81
=0.56

* 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.

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

For example, FUJI Media 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)
=27.115/106.8000*106.8000
=27.115

Current CPI (Dec. 2023) = 106.8000.

FUJI Media Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.387 95.700 27.216
201406 24.892 98.000 27.127
201409 24.059 98.500 26.086
201412 22.371 97.900 24.405
201503 22.755 97.900 24.824
201506 22.217 98.400 24.114
201509 22.545 98.500 24.445
201512 22.776 98.100 24.796
201603 24.117 97.900 26.309
201606 25.843 98.100 28.135
201609 26.956 98.000 29.377
201612 24.370 98.400 26.450
201703 25.601 98.100 27.871
201706 26.550 98.500 28.787
201709 27.337 98.800 29.551
201712 27.153 99.400 29.174
201803 28.771 99.200 30.975
201806 28.212 99.200 30.373
201809 28.513 99.900 30.482
201812 27.671 99.700 29.642
201903 28.347 99.700 30.366
201906 29.740 99.800 31.826
201909 30.106 100.100 32.121
201912 30.120 100.500 32.008
202003 29.527 100.300 31.441
202006 29.885 99.900 31.949
202009 30.884 99.900 33.017
202012 32.020 99.300 34.438
202103 32.010 99.900 34.221
202106 31.937 99.500 34.280
202109 33.620 100.100 35.870
202112 31.728 100.100 33.852
202203 30.262 101.100 31.968
202206 26.899 101.800 28.220
202209 25.620 103.100 26.539
202212 27.539 104.100 28.253
202303 28.181 104.400 28.829
202306 26.644 105.200 27.049
202309 25.473 106.200 25.617
202312 27.115 106.800 27.115

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.


FUJI Media Holdings  (OTCPK:FJTNF) 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.


FUJI Media Holdings Cyclically Adjusted PB Ratio Related Terms

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


FUJI Media Holdings (FUJI Media Holdings) Business Description

Traded in Other Exchanges
Address
2-4-8, Daiba, Minato-ku, Tokyo, JPN, 137-8088
FUJI Media Holdings Inc is a diversified media company with interests in broadcasting, as the business operates several premium television stations. FUJI has seven business segments: Broadcasting, Production, Image & Music, Life Information, Advertising, City Development, and Other. The Broadcasting segment is engaged in the broadcasting of television and radio programs, while the Production segment plans and produces television programs. The Image & Music segment sells audio and video software. The Life Information segment publishes newspapers, while the Advertising segment sells advertising space across the company's various divisions. The Other segment leases real estate assets. The company earns the majority of its revenue in Japan.

FUJI Media Holdings (FUJI Media Holdings) Headlines

From GuruFocus

Brandes Funds Comments on Fuji Media Holdings

By Holly LaFon Holly LaFon 08-24-2016