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FUJIFILM Holdings (FRA:FJIA) Cyclically Adjusted PB Ratio : 1.92 (As of Jun. 11, 2024)


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What is FUJIFILM Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-11), FUJIFILM Holdings's current share price is €11.00. 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 for today is 1.92.

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

FRA:FJIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.15   Max: 2.13
Current: 1.93

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

FRA:FJIA's Cyclically Adjusted PB Ratio is ranked worse than
73.01% of 452 companies
in the Conglomerates industry
Industry Median: 0.97 vs FRA:FJIA: 1.93

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 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.

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 Cyclically Adjusted PB Ratio Chart

FUJIFILM 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 1.22 1.44 1.55 1.27 1.77

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 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 1.27 1.58 1.57 1.51 1.77

Competitive Comparison of FUJIFILM Holdings's Cyclically Adjusted PB Ratio

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 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
=11.00/5.74
=1.92

* 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 Mar. 2024 is calculated as:

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.

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:FJIA) 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:FJIA) 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.

FUJIFILM Holdings (FRA:FJIA) Headlines

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