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FUJIFILM Holdings (WBO:FJI) Cyclically Adjusted PB Ratio : 1.77 (As of Jun. 10, 2024)


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What is FUJIFILM Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-10), FUJIFILM Holdings's current share 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 for today is 1.77.

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

WBO:FJI' 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.

WBO:FJI's Cyclically Adjusted PB Ratio is ranked worse than
71.4% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs WBO:FJI: 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 €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.

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
=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.

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)
=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.

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  (WBO: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 (WBO: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.

FUJIFILM Holdings (WBO:FJI) Headlines

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