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FUJIFILM Holdings (FRA:FJIA) Cyclically Adjusted Book per Share : €5.74 (As of Mar. 2024)


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What is FUJIFILM Holdings 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.

FUJIFILM Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €8.082. 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 €5.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FUJIFILM Holdings's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.90% 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 FUJIFILM Holdings was 7.80% per year. The lowest was 0.40% per year. And the median was 3.60% per year.

As of today (2024-06-10), FUJIFILM Holdings's current stock price is €10.00. FUJIFILM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.74. FUJIFILM Holdings's Cyclically Adjusted PB Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FUJIFILM Holdings was 2.13. The lowest was 0.54. And the median was 1.15.


FUJIFILM Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for FUJIFILM Holdings'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.

FUJIFILM Holdings Cyclically Adjusted Book per Share Chart

FUJIFILM Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.85 5.92 6.02 5.74

FUJIFILM 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 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 6.02 5.68 5.79 5.91 5.74

Competitive Comparison of FUJIFILM Holdings's Cyclically Adjusted Book per Share

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's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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 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, FUJIFILM Holdings'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)
=8.082/107.2000*107.2000
=8.082

Current CPI (Mar. 2024) = 107.2000.

FUJIFILM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.062 98.000 5.537
201409 5.237 98.500 5.700
201412 5.251 97.900 5.750
201503 5.922 97.900 6.485
201506 5.613 98.400 6.115
201509 5.730 98.500 6.236
201512 5.954 98.100 6.506
201603 5.927 97.900 6.490
201606 6.142 98.100 6.712
201609 6.367 98.000 6.965
201612 6.433 98.400 7.008
201703 6.443 98.100 7.041
201706 6.432 98.500 7.000
201709 6.157 98.800 6.680
201712 6.238 99.400 6.728
201803 6.160 99.200 6.657
201806 6.381 99.200 6.896
201809 6.237 99.900 6.693
201812 6.429 99.700 6.913
201903 6.605 99.700 7.102
201906 6.743 99.800 7.243
201909 6.998 100.100 7.494
201912 6.904 100.500 7.364
202003 6.846 100.300 7.317
202006 6.842 99.900 7.342
202009 6.753 99.900 7.246
202012 6.871 99.300 7.418
202103 7.102 99.900 7.621
202106 7.130 99.500 7.682
202109 7.348 100.100 7.869
202112 7.702 100.100 8.248
202203 7.969 101.100 8.450
202206 7.801 101.800 8.215
202209 7.979 103.100 8.296
202212 7.835 104.100 8.068
202303 8.023 104.400 8.238
202306 7.882 105.200 8.032
202309 7.834 106.200 7.908
202312 7.859 106.800 7.888
202403 8.082 107.200 8.082

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


FUJIFILM Holdings  (FRA:FJIA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.00/5.74
=1.74

* 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 FUJIFILM Holdings was 2.13. The lowest was 0.54. And the median was 1.15.


Be Aware

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


FUJIFILM Holdings Cyclically Adjusted Book per Share Related Terms

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


FUJIFILM Holdings (FRA:FJIA) Business Description

Industry
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.

FUJIFILM Holdings (FRA:FJIA) Headlines

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