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Fuel Tech (FRA:FUE1) Shiller PE Ratio : (As of May. 23, 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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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 Mar. 2024 is calculated as:

For example, Fuel Tech's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.009/131.7762*131.7762
=0.009

Current CPI (Mar. 2024) = 131.7762.

Fuel Tech Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.022 100.560 -0.029
201409 0.039 100.428 0.051
201412 -0.608 99.070 -0.809
201503 -0.065 99.621 -0.086
201506 -0.053 100.684 -0.069
201509 -0.009 100.392 -0.012
201512 -0.358 99.792 -0.473
201603 -0.099 100.470 -0.130
201606 -0.107 101.688 -0.139
201609 -0.116 101.861 -0.150
201612 -0.370 101.863 -0.479
201703 -0.103 102.862 -0.132
201706 -0.258 103.349 -0.329
201709 -0.017 104.136 -0.022
201712 -0.042 104.011 -0.053
201803 -0.008 105.290 -0.010
201806 -0.060 106.317 -0.074
201809 0.034 106.507 0.042
201812 0.035 105.998 0.044
201903 -0.044 107.251 -0.054
201906 -0.035 108.070 -0.043
201909 -0.045 108.329 -0.055
201912 -0.162 108.420 -0.197
202003 -0.090 108.902 -0.109
202006 -0.089 108.767 -0.108
202009 0.076 109.815 0.091
202012 -0.058 109.897 -0.070
202103 0.008 111.754 0.009
202106 -0.025 114.631 -0.029
202109 0.017 115.734 0.019
202112 -0.009 117.630 -0.010
202203 -0.027 121.301 -0.029
202206 -0.009 125.017 -0.009
202209 0.010 125.227 0.011
202212 -0.009 125.222 -0.009
202303 -0.009 127.348 -0.009
202306 -0.028 128.729 -0.029
202309 0.009 129.860 0.009
202312 -0.018 129.419 -0.018
202403 0.009 131.776 0.009

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  (FRA:FUE1) 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

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Fuel Tech (FRA:FUE1) 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.

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