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Fuel Tech (Fuel Tech) Shiller PE Ratio : (As of May. 05, 2024)


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What is Fuel Tech Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuel Tech Shiller PE Ratio Historical Data

The historical data trend for Fuel Tech's Shiller PE 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.

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Fuel Tech Shiller PE Ratio Chart

Fuel Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Fuel Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Fuel Tech's Shiller PE Ratio

For the Pollution & Treatment Controls subindustry, Fuel Tech's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Fuel Tech's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuel Tech's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fuel Tech's Shiller PE Ratio falls into.



Fuel Tech Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Fuel Tech's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Fuel Tech's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.02/129.4194*129.4194
=-0.020

Current CPI (Dec. 2023) = 129.4194.

Fuel Tech Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.050 99.695 -0.065
201406 -0.030 100.560 -0.039
201409 0.050 100.428 0.064
201412 -0.750 99.070 -0.980
201503 -0.070 99.621 -0.091
201506 -0.060 100.684 -0.077
201509 -0.010 100.392 -0.013
201512 -0.390 99.792 -0.506
201603 -0.110 100.470 -0.142
201606 -0.120 101.688 -0.153
201609 -0.130 101.861 -0.165
201612 -0.390 101.863 -0.496
201703 -0.110 102.862 -0.138
201706 -0.290 103.349 -0.363
201709 -0.020 104.136 -0.025
201712 -0.050 104.011 -0.062
201803 -0.010 105.290 -0.012
201806 -0.070 106.317 -0.085
201809 0.040 106.507 0.049
201812 0.040 105.998 0.049
201903 -0.050 107.251 -0.060
201906 -0.040 108.070 -0.048
201909 -0.050 108.329 -0.060
201912 -0.180 108.420 -0.215
202003 -0.100 108.902 -0.119
202006 -0.100 108.767 -0.119
202009 0.090 109.815 0.106
202012 -0.070 109.897 -0.082
202103 0.010 111.754 0.012
202106 -0.030 114.631 -0.034
202109 0.020 115.734 0.022
202112 -0.010 117.630 -0.011
202203 -0.030 121.301 -0.032
202206 -0.010 125.017 -0.010
202209 0.010 125.227 0.010
202212 -0.010 125.222 -0.010
202303 -0.010 127.348 -0.010
202306 -0.030 128.729 -0.030
202309 0.010 129.860 0.010
202312 -0.020 129.419 -0.020

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Fuel Tech  (NAS:FTEK) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Fuel Tech Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Fuel Tech's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fuel Tech (Fuel Tech) Business Description

Traded in Other Exchanges
Address
27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
Executives
Vincent J Arnone officer: Executive Vice President
Bettye J Bailey 10 percent owner C/O WHITMAN BREED ABBOTT & MORGAN LLC, 9 GREENWICH OFFICE PARK, GREENWICH CT 06831
Ellen T Albrecht officer: Acting PFO and Treasurer C/O FUEL TECH, 695 E MAIN STREET, STAMFORD CT 06901
Dennis L Zeitler director P.O. BOX 426, PITTSBURGH PA 15230
James J Markowsky director 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
Douglas G Bailey director, officer: President, CEO & Chairman
Cummings William E Jr officer: Senior Vice President, Sales C/O FUEL TECH, 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
James M Pach officer: Acting PFO & Treasurer 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
Sharon L Jones director 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
David S Collins officer: Sr. Vice President C/O FUEL TECH, 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
W Grant Gregory director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Delbert L Williamson director C/O FUEL TECH, 695 E MAIN STREET, STAMFORD CT 06901
Miguel Espinosa director
George F Maccormack director PEPCO HOLDINGS, INC., 701 NINTH STREET, NW, SUITE 1300, WASHINGTON DC 20068
Thomas S Shaw director C/O CONECTIV, 800 KING ST PO BOX 231, WILMINGTON DE 19899