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FUJIFILM Holdings (FRA:FJI) Cyclically Adjusted PB Ratio

: 1.63 (As of Today)
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As of today (2024-02-26), FUJIFILM Holdings's current share price is €58.12. FUJIFILM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €35.57. FUJIFILM Holdings's Cyclically Adjusted PB Ratio for today is 1.63.

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

FRA:FJI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.13   Max: 2.13
Current: 1.68

During the past years, FUJIFILM Holdings's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.50. And the median was 1.13.

FRA:FJI's Cyclically Adjusted PB Ratio is ranked worse than
71.15% of 409 companies
in the Conglomerates industry
Industry Median: 0.91 vs FRA:FJI: 1.68

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.

FUJIFILM Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was €47.152. 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 €35.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FUJIFILM Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FUJIFILM 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.

FUJIFILM Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 1.22 1.44 1.55 1.27

FUJIFILM Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 1.27 1.27 1.58 1.57 1.51

Competitive Comparison

For the Conglomerates subindustry, FUJIFILM 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.


FUJIFILM Holdings Cyclically Adjusted PB Ratio Distribution

For the Conglomerates industry and Industrials sector, FUJIFILM Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FUJIFILM 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.12/35.57
=1.63

* 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.

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

For example, FUJIFILM 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)
=47.152/106.8000*106.8000
=47.152

Current CPI (Dec. 2023) = 106.8000.

FUJIFILM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 29.618 95.700 33.053
201406 30.371 98.000 33.098
201409 31.424 98.500 34.072
201412 31.503 97.900 34.367
201503 35.534 97.900 38.764
201506 33.677 98.400 36.552
201509 34.378 98.500 37.275
201512 35.721 98.100 38.889
201603 35.564 97.900 38.797
201606 36.849 98.100 40.117
201609 38.201 98.000 41.631
201612 38.596 98.400 41.891
201703 38.655 98.100 42.083
201706 38.590 98.500 41.842
201709 36.944 98.800 39.935
201712 37.427 99.400 40.213
201803 36.958 99.200 39.789
201806 38.286 99.200 41.219
201809 37.421 99.900 40.006
201812 38.575 99.700 41.322
201903 39.629 99.700 42.451
201906 40.460 99.800 43.298
201909 41.990 100.100 44.801
201912 41.427 100.500 44.024
202003 41.075 100.300 43.737
202006 41.050 99.900 43.885
202009 40.519 99.900 43.318
202012 41.224 99.300 44.338
202103 42.612 99.900 45.555
202106 42.779 99.500 45.918
202109 44.090 100.100 47.041
202112 46.215 100.100 49.308
202203 47.815 101.100 50.511
202206 46.806 101.800 49.105
202209 47.874 103.100 49.592
202212 47.011 104.100 48.230
202303 48.138 104.400 49.245
202306 47.291 105.200 48.010
202309 47.005 106.200 47.271
202312 47.152 106.800 47.152

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.


FUJIFILM Holdings  (FRA:FJI) 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.


FUJIFILM Holdings Cyclically Adjusted PB Ratio Related Terms

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


FUJIFILM Holdings (FRA:FJI) Business Description

Traded in Other Exchanges
Address
7-3, Akasaka 9-chome, Minato-ku, Tokyo, JPN, 107-0052
FUJIFILM Holdings Corp offers products and services used in photo development and film and photo taking processes. The company produces color films and single use cameras, color paper and chemicals, photofinishing equipment, film and photo processing services, electronic imaging such as digital cameras, optical devices such as camera modules for mobile phones, TV camera lenses and cine lenses, x-ray imaging systems and films, inkjet printers, flat panel materials, recording storage mediums such as data cartridges and videotape products, and office products such as office printers. The document solutions segment including office printers and the information solutions segment consisting of its x-ray imaging and data storage systems form most of the group's yearly revenue stream.

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