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Fujitsu (Fujitsu) Cyclically Adjusted PB Ratio : 3.68 (As of Apr. 27, 2024)


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What is Fujitsu Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Fujitsu's current share price is $15.18. Fujitsu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.12. Fujitsu's Cyclically Adjusted PB Ratio for today is 3.68.

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

FJTSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.82   Med: 3.49   Max: 4.84
Current: 4.01

During the past years, Fujitsu's highest Cyclically Adjusted PB Ratio was 4.84. The lowest was 2.82. And the median was 3.49.

FJTSF's Cyclically Adjusted PB Ratio is ranked worse than
66.69% of 1288 companies
in the Software industry
Industry Median: 2.495 vs FJTSF: 4.01

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's adjusted book value per share data for the three months ended in Mar. 2024 was $6.359. 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 $4.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujitsu Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fujitsu'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 Cyclically Adjusted PB Ratio Chart

Fujitsu 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 - 3.57 3.77 3.25 4.03

Fujitsu 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 3.25 3.28 3.01 3.54 4.03

Competitive Comparison of Fujitsu's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Fujitsu'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's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.18/4.12
=3.68

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

For example, Fujitsu'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)
=6.359/107.2000*107.2000
=6.359

Current CPI (Mar. 2024) = 107.2000.

Fujitsu Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.758 98.000 3.017
201409 2.852 98.500 3.104
201412 2.766 97.900 3.029
201503 3.172 97.900 3.473
201506 2.982 98.400 3.249
201509 3.018 98.500 3.285
201512 3.004 98.100 3.283
201603 3.350 97.900 3.668
201606 3.119 98.100 3.408
201609 3.447 98.000 3.771
201612 3.374 98.400 3.676
201703 3.806 98.100 4.159
201706 3.871 98.500 4.213
201709 4.143 98.800 4.495
201712 4.296 99.400 4.633
201803 4.983 99.200 5.385
201806 5.045 99.200 5.452
201809 5.093 99.900 5.465
201812 4.674 99.700 5.026
201903 5.025 99.700 5.403
201906 5.110 99.800 5.489
201909 5.368 100.100 5.749
201912 5.467 100.500 5.831
202003 5.756 100.300 6.152
202006 5.732 99.900 6.151
202009 5.995 99.900 6.433
202012 6.448 99.300 6.961
202103 6.704 99.900 7.194
202106 6.686 99.500 7.203
202109 6.750 100.100 7.229
202112 6.804 100.100 7.287
202203 6.826 101.100 7.238
202206 6.096 101.800 6.419
202209 5.858 103.100 6.091
202212 5.977 104.100 6.155
202303 6.303 104.400 6.472
202306 6.168 105.200 6.285
202309 5.979 106.200 6.035
202312 5.909 106.800 5.931
202403 6.359 107.200 6.359

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  (OTCPK:FJTSF) 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 Cyclically Adjusted PB Ratio Related Terms

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


Fujitsu (Fujitsu) Business Description

Industry
Traded in Other Exchanges
Address
Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7123
Fujitsu Ltd delivers total solutions in the field of information and communication technology. The company provides solutions/system integration services focused on information system consulting and construction, and infrastructure services centered on outsourcing services. Fujitsu provides services across a wide range of countries and regions, including Europe, the Americas, Asia, and Oceania. It operates in three segments namely, Technology Solutions; Ubiqitous Solutions and Device Solutions. Ubiquitous Solutions consists of PCs, mobile phones, and mobilewear. In PCs, Fujitsu's lineup includes desktop and laptop PCs known for energy efficiency, security, and other enhanced features, as well as water- and dust-resistant tablets.

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