Tutor Perini (FRA:PE2) Cyclically Adjusted FCF per Share: €2.87 (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:PE2 Tutor Perini Corp FRA:PE2
67 GF Score
Price €68.00
GF Value €28.25
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tutor Perini Cyclically Adjusted FCF per Share?

Tutor Perini FRA:PE2 +1.42% 67 Cyclically Adjusted FCF per Share is €2.87 as of Mar. 2026. GuruFocus rates FRA:PE2 with a GF Score™ of 67/100 and a GF Value™ of €28.25 (Significantly Overvalued). The stock has 3 warning signs investors should review.

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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Tutor Perini's adjusted free cash flow per share for the three months ended in Mar. 2026 was €2.074. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tutor Perini's average Cyclically Adjusted FCF Growth Rate was 66.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 116.60% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Tutor Perini was 116.60% per year. The lowest was -40.80% per year. And the median was 0.90% per year.

As of today (2026-07-17), Tutor Perini's current stock price is €68.00. Tutor Perini's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.87. Tutor Perini's Cyclically Adjusted Price-to-FCF of today is 23.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tutor Perini was 214.80. The lowest was 8.58. And the median was 20.55.


Tutor Perini  (FRA:PE2) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Tutor Perini's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=68.00/2.87
=23.69

* 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 Price-to-FCF of Tutor Perini was 214.80. The lowest was 8.58. And the median was 20.55.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Tutor Perini Cyclically Adjusted FCF per Share Related Terms


Tutor Perini Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Tutor Perini's Cyclically Adjusted FCF 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.

Tutor Perini Cyclically Adjusted FCF per Share Chart

Tutor Perini Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 0.30 0.71 1.93 2.79

Tutor Perini Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF 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 1.93 2.33 2.56 2.79 2.87

FRA:PE2 vs KBR, PRIM, EXPO: Cyclically Adjusted FCF per Share Comparison

For the Engineering & Construction subindustry, Tutor Perini's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Tutor Perini Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Tutor Perini's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tutor Perini's Cyclically Adjusted Price-to-FCF falls into.


FRA:PE2
67GF Score
Tutor Perini Corp FRA:PE2
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tutor Perini Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

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

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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, Tutor Perini's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.074/330.2130*330.2130
=2.074

Current CPI (Mar. 2026) = 330.2130.

Tutor Perini Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.274 241.018 -0.375
201609 1.565 241.428 2.141
201612 0.257 241.432 0.352
201703 -0.707 243.801 -0.958
201706 -0.075 244.955 -0.101
201709 0.580 246.819 0.776
201712 2.350 246.524 3.148
201803 -1.520 249.554 -2.011
201806 -0.294 251.989 -0.385
201809 0.196 252.439 0.256
201812 0.756 251.233 0.994
201903 -2.459 254.202 -3.194
201906 -0.205 256.143 -0.264
201909 3.582 256.759 4.607
201912 0.065 256.974 0.084
202003 -0.814 258.115 -1.041
202006 1.265 257.797 1.620
202009 1.006 260.280 1.276
202012 0.487 260.474 0.617
202103 -0.925 264.877 -1.153
202106 -1.513 271.696 -1.839
202109 -0.490 274.310 -0.590
202112 -0.125 278.802 -0.148
202203 1.932 287.504 2.219
202206 0.759 296.311 0.846
202209 1.152 296.808 1.282
202212 -1.123 296.797 -1.249
202303 0.064 301.836 0.070
202306 0.775 305.109 0.839
202309 1.589 307.789 1.705
202312 2.120 306.746 2.282
202403 1.539 312.332 1.627
202406 0.742 314.175 0.780
202409 0.269 315.301 0.282
202412 5.833 315.605 6.103
202503 -0.126 319.799 -0.130
202506 3.840 322.561 3.931
202509 3.813 324.800 3.877
202512 1.567 324.054 1.597
202603 2.074 330.213 2.074

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €2.87 mean?
Tutor Perini (FRA:PE2) has a Cyclically Adjusted FCF per Share of €2.87 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tutor Perini and its competitors.
Is Tutor Perini's Cyclically Adjusted FCF per Share too high?
Tutor Perini's current Cyclically Adjusted FCF per Share is €2.87. Overall, Tutor Perini has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tutor Perini's Cyclically Adjusted FCF per Share compare to KBR and PRIM?
Tutor Perini's Cyclically Adjusted FCF per Share of €2.87 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Tutor Perini and its competitors. Tutor Perini's current Cyclically Adjusted FCF per Share is €2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tutor Perini stock overvalued right now?
Based on GuruFocus' analysis, Tutor Perini (FRA:PE2) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.25, compared to a current price of €68.00 — trading 140.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.87. Tutor Perini's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Tutor Perini (FRA:PE2), the current Cyclically Adjusted FCF per Share is €2.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tutor Perini (FRA:PE2) Overvalued in 2026?

Based on GuruFocus' analysis, Tutor Perini stock appears to be overvalued. The current stock price of €68.00 is trading 140.7% above its estimated GF Value™ of €28.25. GuruFocus considers Tutor Perini to be Significantly Overvalued.

Key valuation signals for FRA:PE2:

  • Cyclically Adjusted FCF per Share: €2.87
  • GF Value™: €28.25 vs. price of €68.00 (140.7% above fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the FRA:PE2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tutor Perini Business Description

Other Exchanges TPC:USAPE2:Germany
Address 15901 Olden Street, Sylmar, CA, USA, 91342
Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. Tutor Perini has three operating segments: Civil, Building, and Specialty Contractors. A majority of its revenue is generated from the Civil segment, which specializes in public works construction and the replacement and reconstruction of infrastructure. Its civil contracting services include construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military and other government facilities, and water management and wastewater treatment facilities. Geographically it derives key revenue from the United States.
67GF Score

Get the complete analysis for FRA:PE2

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€68.00
Price
€28.25
GF Value