GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FuelCell Energy Inc (MIL:1FEY2) » Definitions » Cyclically Adjusted Book per Share

FuelCell Energy (MIL:1FEY2) Cyclically Adjusted Book per Share : €467.13 (As of Jan. 2025)


View and export this data going back to 2023. Start your Free Trial

What is FuelCell Energy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

FuelCell Energy's adjusted book value per share for the three months ended in Jan. 2025 was €29.021. 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 €467.13 for the trailing ten years ended in Jan. 2025.

During the past 12 months, FuelCell Energy's average Cyclically Adjusted Book Growth Rate was -24.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -20.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of FuelCell Energy was 22.90% per year. The lowest was -41.10% per year. And the median was -6.35% per year.

As of today (2025-06-01), FuelCell Energy's current stock price is €4.6625. FuelCell Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was €467.13. FuelCell Energy's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FuelCell Energy was 1.51. The lowest was 0.01. And the median was 0.23.


FuelCell Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for FuelCell Energy's Cyclically Adjusted Book per Share 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.

FuelCell Energy Cyclically Adjusted Book per Share Chart

FuelCell Energy Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 524.97

FuelCell Energy Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Cyclically Adjusted Book per Share 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 607.96 543.01 523.91 524.97 467.13

Competitive Comparison of FuelCell Energy's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.


FuelCell Energy's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Cyclically Adjusted PB Ratio falls into.


;
;

FuelCell Energy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, FuelCell Energy's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=29.021/134.0288*134.0288
=29.021

Current CPI (Jan. 2025) = 134.0288.

FuelCell Energy Quarterly Data

Book Value per Share CPI Adj_Book
201504 1,328.143 99.824 1,783.240
201507 1,262.197 100.691 1,680.103
201510 1,179.444 100.346 1,575.338
201601 1,143.269 99.957 1,532.963
201604 971.442 100.947 1,289.800
201607 1,221.108 101.524 1,612.076
201610 1,059.918 101.988 1,392.904
201701 856.388 102.456 1,120.288
201704 710.364 103.167 922.863
201707 512.059 103.278 664.525
201710 446.472 104.070 575.000
201801 406.449 104.578 520.913
201804 353.250 105.708 447.891
201807 319.355 106.324 402.569
201810 268.831 106.695 337.702
201901 171.282 106.200 216.165
201904 97.265 107.818 120.910
201907 19.188 108.250 23.757
201910 10.608 108.577 13.095
202001 8.275 108.841 10.190
202004 6.449 108.173 7.990
202007 10.646 109.318 13.053
202010 16.833 109.861 20.536
202101 25.019 110.364 30.384
202104 24.034 112.673 28.589
202107 46.139 115.183 53.688
202110 45.314 116.696 52.045
202201 43.555 118.619 49.213
202204 49.659 121.978 54.565
202207 51.588 125.002 55.313
202210 51.384 125.734 54.774
202301 45.824 126.223 48.658
202304 42.944 127.992 44.969
202307 42.669 128.974 44.341
202310 43.028 129.810 44.427
202401 40.465 130.124 41.679
202404 39.025 132.289 39.538
202407 33.750 132.708 34.086
202410 29.596 133.182 29.784
202501 29.021 134.029 29.021

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


FuelCell Energy  (MIL:1FEY2) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

FuelCell Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.6625/467.13
=0.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of FuelCell Energy was 1.51. The lowest was 0.01. And the median was 0.23.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


FuelCell Energy Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of FuelCell Energy's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


FuelCell Energy Business Description

Traded in Other Exchanges
Address
3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company operates in USA, South Korea, Europe and Canada. Majority of revenue is from USA and South Korea.

FuelCell Energy Headlines

No Headlines