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Fuso Chemical Co (TSE:4368) Cyclically Adjusted PB Ratio : 2.18 (As of Jun. 07, 2024)


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What is Fuso Chemical Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Fuso Chemical Co's current share price is 円3800.00. Fuso Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,746.41. Fuso Chemical Co's Cyclically Adjusted PB Ratio for today is 2.18.

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

TSE:4368' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2   Med: 2.94   Max: 4.58
Current: 2.2

During the past years, Fuso Chemical Co's highest Cyclically Adjusted PB Ratio was 4.58. The lowest was 2.00. And the median was 2.94.

TSE:4368's Cyclically Adjusted PB Ratio is ranked worse than
60.2% of 1196 companies
in the Chemicals industry
Industry Median: 1.695 vs TSE:4368: 2.20

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.

Fuso Chemical Co's adjusted book value per share data for the three months ended in Mar. 2024 was 円2,695.768. 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 円1,746.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuso Chemical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fuso Chemical Co'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.

Fuso Chemical Co Cyclically Adjusted PB Ratio Chart

Fuso Chemical Co 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 2.86 3.45 3.40 2.46 2.63

Fuso Chemical Co 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 2.46 2.84 2.39 2.46 2.63

Competitive Comparison of Fuso Chemical Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Fuso Chemical Co'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.


Fuso Chemical Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fuso Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fuso Chemical Co 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.

Fuso Chemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3800.00/1746.41
=2.18

* 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.

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

For example, Fuso Chemical Co'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)
=2695.768/107.2000*107.2000
=2,695.768

Current CPI (Mar. 2024) = 107.2000.

Fuso Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 845.172 98.000 924.515
201409 886.271 98.500 964.551
201412 939.285 97.900 1,028.512
201503 970.518 97.900 1,062.712
201506 999.807 98.400 1,089.221
201509 1,029.151 98.500 1,120.051
201512 1,116.955 98.100 1,220.567
201603 1,125.641 97.900 1,232.571
201606 1,120.150 98.100 1,224.058
201609 1,158.987 98.000 1,267.790
201612 1,231.042 98.400 1,341.135
201703 1,271.793 98.100 1,389.768
201706 1,304.722 98.500 1,419.961
201709 1,361.471 98.800 1,477.224
201712 1,400.031 99.400 1,509.893
201803 1,412.219 99.200 1,526.108
201806 1,443.840 99.200 1,560.279
201809 1,503.807 99.900 1,613.695
201812 1,516.472 99.700 1,630.550
201903 1,558.773 99.700 1,676.033
201906 1,562.770 99.800 1,678.647
201909 1,607.408 100.100 1,721.420
201912 1,645.809 100.500 1,755.530
202003 1,698.117 100.300 1,814.937
202006 1,718.230 99.900 1,843.786
202009 1,763.322 99.900 1,892.173
202012 1,789.661 99.300 1,932.041
202103 1,863.743 99.900 1,999.932
202106 1,901.647 99.500 2,048.810
202109 1,952.945 100.100 2,091.466
202112 2,018.365 100.100 2,161.526
202203 2,136.653 101.100 2,265.571
202206 2,262.247 101.800 2,382.248
202209 2,353.634 103.100 2,447.231
202212 2,388.712 104.100 2,459.846
202303 2,482.807 104.400 2,549.396
202306 2,542.487 105.200 2,590.823
202309 2,604.812 106.200 2,629.339
202312 2,606.878 106.800 2,616.642
202403 2,695.768 107.200 2,695.768

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.


Fuso Chemical Co  (TSE:4368) 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.


Fuso Chemical Co Cyclically Adjusted PB Ratio Related Terms

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


Fuso Chemical Co (TSE:4368) Business Description

Traded in Other Exchanges
N/A
Address
4-10-3 Koraibashi, Nissei Fushimicho Building New Building 5th Floor, Chuo-ku, Osaka, JPN, 541-0043
Fuso Chemical Co Ltd is a Japan-based company which is mainly engaged in the life science business and the electronic material and functional chemical business. It is involved in the manufacturing and selling of fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products. It also provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals.

Fuso Chemical Co (TSE:4368) Headlines

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