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FCEL (FuelCell Energy) Cyclically Adjusted PB Ratio : 0.01 (As of May. 29, 2025)


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What is FuelCell Energy Cyclically Adjusted PB Ratio?

As of today (2025-05-29), FuelCell Energy's current share price is $5.335. FuelCell Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $473.60. FuelCell Energy's Cyclically Adjusted PB Ratio for today is 0.01.

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

FCEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.23   Max: 1.51
Current: 0.01

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

FCEL's Cyclically Adjusted PB Ratio is ranked better than
99.95% of 2123 companies
in the Industrial Products industry
Industry Median: 1.97 vs FCEL: 0.01

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 adjusted book value per share data for the three months ended in Jan. 2025 was $30.042. 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 $473.60 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


FuelCell Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FuelCell Energy'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.

FuelCell Energy Cyclically Adjusted PB Ratio Chart

FuelCell Energy Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.40 0.15 0.05 0.02

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 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 0.06 0.05 0.03 0.02 0.02

Competitive Comparison of FuelCell Energy's Cyclically Adjusted PB Ratio

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.


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FuelCell Energy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.335/473.60
=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.

FuelCell Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

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)
=30.042/134.0288*134.0288
=30.042

Current CPI (Jan. 2025) = 134.0288.

FuelCell Energy Quarterly Data

Book Value per Share CPI Adj_Book
201504 1,437.386 99.824 1,929.916
201507 1,388.549 100.691 1,848.289
201510 1,323.736 100.346 1,768.063
201601 1,241.333 99.957 1,664.453
201604 1,102.663 100.947 1,464.025
201607 1,349.290 101.524 1,781.299
201610 1,167.306 101.988 1,534.030
201701 911.052 102.456 1,191.797
201704 761.379 103.167 989.138
201707 590.609 103.278 766.463
201710 524.642 104.070 675.673
201801 495.667 104.578 635.256
201804 433.436 105.708 549.560
201807 373.078 106.324 470.291
201810 309.000 106.695 388.162
201901 195.528 106.200 246.764
201904 109.287 107.818 135.854
201907 21.511 108.250 26.634
201910 11.735 108.577 14.486
202001 9.184 108.841 11.309
202004 7.010 108.173 8.686
202007 12.236 109.318 15.002
202010 19.803 109.861 24.159
202101 30.474 110.364 37.008
202104 28.749 112.673 34.198
202107 54.538 115.183 63.461
202110 52.568 116.696 60.376
202201 49.270 118.619 55.671
202204 53.627 121.978 58.925
202207 52.481 125.002 56.271
202210 50.624 125.734 53.964
202301 49.379 126.223 52.433
202304 47.087 127.992 49.308
202307 47.200 128.974 49.050
202310 45.436 129.810 46.913
202401 44.080 130.124 45.403
202404 41.872 132.289 42.423
202407 36.605 132.708 36.969
202410 32.240 133.182 32.445
202501 30.042 134.029 30.042

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.


FuelCell Energy  (NAS:FCEL) 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.


FuelCell Energy Cyclically Adjusted PB Ratio Related Terms

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


FuelCell Energy Business Description

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.
Executives
Jason Few director, officer: CEO 2201 COLQUITT STREET, HOUSTON TX 77098
Michael S. Bishop officer: EVP, TREASURER & CFO FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06813-1305
Anthony Leo officer: EVP & Chief Technology Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Michael Lisowski officer: EVP & Chief Operating Officer C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Althann Natica Von director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Matthew F Hilzinger director
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Wilson Donna Sims director FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Betsy B Bingham director 3 GREAT PASTURE ROAD, DANBURY CT 06810
Cynthia L Hansen director 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Mark Feasel officer: EVP & Ch. Commercial Officer 3 GREAT PASTURE ROAD, DANBURY CT 06810
Joshua Dolger officer: Interim Gen Counsel & Corp Sec FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John Christopher Groobey director 38 TROLLHAVEN LANE, ANNAPOLIS MD 21401
Jennifer D Arasimowicz officer: EVP, Gen. Counsel, CAO, Secy FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
John A Rolls director