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FUJIFILM Holdings (WBO:FJI) Cyclically Adjusted Book per Share : €8.86 (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 €16.163. 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 €8.86 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 €15.69. FUJIFILM Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.86. FUJIFILM Holdings's Cyclically Adjusted PB Ratio of today is 1.77.

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 - - 11.99 12.38 8.86

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 12.38 9.91 10.00 10.40 8.86

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)
=16.163/107.2000*107.2000
=16.163

Current CPI (Mar. 2024) = 107.2000.

FUJIFILM Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.124 98.000 11.074
201409 10.475 98.500 11.400
201412 10.501 97.900 11.499
201503 11.845 97.900 12.970
201506 11.226 98.400 12.230
201509 11.459 98.500 12.471
201512 11.907 98.100 13.012
201603 11.855 97.900 12.981
201606 12.283 98.100 13.422
201609 12.734 98.000 13.929
201612 12.865 98.400 14.016
201703 12.885 98.100 14.080
201706 12.863 98.500 13.999
201709 12.315 98.800 13.362
201712 12.476 99.400 13.455
201803 12.319 99.200 13.312
201806 12.762 99.200 13.791
201809 12.474 99.900 13.386
201812 12.858 99.700 13.825
201903 13.210 99.700 14.204
201906 13.487 99.800 14.487
201909 13.997 100.100 14.990
201912 13.809 100.500 14.730
202003 13.692 100.300 14.634
202006 13.683 99.900 14.683
202009 13.506 99.900 14.493
202012 13.741 99.300 14.834
202103 14.204 99.900 15.242
202106 14.260 99.500 15.364
202109 14.697 100.100 15.739
202112 15.405 100.100 16.498
202203 15.938 101.100 16.900
202206 15.602 101.800 16.430
202209 15.958 103.100 16.593
202212 15.670 104.100 16.137
202303 16.046 104.400 16.476
202306 15.764 105.200 16.064
202309 15.669 106.200 15.817
202312 15.717 106.800 15.776
202403 16.163 107.200 16.163

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


FUJIFILM Holdings  (WBO:FJI) 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
=15.69/8.86
=1.77

* 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 (WBO:FJI) 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 (WBO:FJI) Headlines

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