FutureFuel (FRA:3FF) Cyclically Adjusted PB Ratio: 0.52 (As of Jul. 19, 2026) — 51% Below Median

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FRA:3FF FutureFuel Corp FRA:3FF
58 GF Score
Price €3.99
GF Value €1.62
Valuation Significantly Overvalued
! 7 Warning Signs
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What is FutureFuel Cyclically Adjusted PB Ratio?

FutureFuel FRA:3FF 58 Cyclically Adjusted PB Ratio is 0.52 as of Jul. 19, 2026, which is 51% below its 10-year median of 1.07. GuruFocus rates FRA:3FF with a GF Score™ of 58/100 and a GF Value™ of €1.62 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,278 Chemicals companies, FutureFuel ranks better than 87.09% on this metric.

As of today (2026-07-19), FutureFuel's current share price is €3.99. FutureFuel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.68. FutureFuel's Cyclically Adjusted PB Ratio for today is 0.52.

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

FRA:3FF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.07   Max: 2.35
Current: 0.55

During the past years, FutureFuel's highest Cyclically Adjusted PB Ratio was 2.35. The lowest was 0.36. And the median was 1.07.

FRA:3FF's Cyclically Adjusted PB Ratio is ranked better than
87.09% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs FRA:3FF: 0.55

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.

FutureFuel's adjusted book value per share data for the three months ended in Mar. 2026 was €2.799. 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 €7.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FutureFuel  (FRA:3FF) 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.


FutureFuel Cyclically Adjusted PB Ratio Related Terms


FutureFuel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FutureFuel'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.

FutureFuel Cyclically Adjusted PB Ratio Chart

FutureFuel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.86 0.64 0.57 0.36

FutureFuel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.42 0.42 0.43 0.36 0.44

FRA:3FF vs RLEA, CMT, MNTK: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, FutureFuel'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.


FutureFuel Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, FutureFuel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:3FF
58GF Score
FutureFuel Corp FRA:3FF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FutureFuel 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.

FutureFuel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.99/7.68
=0.52

* 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.

FutureFuel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, FutureFuel's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.799/330.2130*330.2130
=2.799

Current CPI (Mar. 2026) = 330.2130.

FutureFuel Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.467 241.018 11.600
201609 8.712 241.428 11.916
201612 7.212 241.432 9.864
201703 7.236 243.801 9.801
201706 6.952 244.955 9.372
201709 6.631 246.819 8.871
201712 6.792 246.524 9.098
201803 7.088 249.554 9.379
201806 7.602 251.989 9.962
201809 7.795 252.439 10.197
201812 7.818 251.233 10.276
201903 7.987 254.202 10.375
201906 8.062 256.143 10.393
201909 8.409 256.759 10.815
201912 9.610 256.974 12.349
202003 7.337 258.115 9.386
202006 7.510 257.797 9.620
202009 7.314 260.280 9.279
202012 6.988 260.474 8.859
202103 6.972 264.877 8.692
202106 4.882 271.696 5.933
202109 5.177 274.310 6.232
202112 5.843 278.802 6.920
202203 5.519 287.504 6.339
202206 5.681 296.311 6.331
202209 6.429 296.808 7.153
202212 6.105 296.797 6.792
202303 6.490 301.836 7.100
202306 6.205 305.109 6.716
202309 6.359 307.789 6.822
202312 6.493 306.746 6.990
202403 4.306 312.332 4.553
202406 4.551 314.175 4.783
202409 4.391 315.301 4.599
202412 4.487 315.605 4.695
202503 3.979 319.799 4.109
202506 3.528 322.561 3.612
202509 3.290 324.800 3.345
202512 3.012 324.054 3.069
202603 2.799 330.213 2.799

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.

What does a Cyclically Adjusted PB Ratio of 0.52 mean?
FutureFuel (FRA:3FF) has a Cyclically Adjusted PB Ratio of 0.52 as of Jul. 19, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on FutureFuel and its competitors. This is 51% below median its historical median of 1.07. Over the past decade, FutureFuel's Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.35. According to the industry distribution chart, FutureFuel ranks #165 out of 1278 companies in the Chemicals industry, placing it in the top 12.9%.
Is FutureFuel's Cyclically Adjusted PB Ratio too high?
FutureFuel's current Cyclically Adjusted PB Ratio of 0.52 is 51% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.35. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. FutureFuel's value of 0.52 is 68.8% below this industry median. Based on the distribution chart, FutureFuel ranks #165 out of 1278 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, FutureFuel has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FutureFuel's Cyclically Adjusted PB Ratio compare to RLEA and CMT?
According to the Chemicals industry distribution chart, FutureFuel ranks #165 out of 1278 companies for Cyclically Adjusted PB Ratio. This places FutureFuel in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.67. FutureFuel's value of 0.52 is 68.8% below this benchmark. Historically, FutureFuel's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.35 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.67, FutureFuel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FutureFuel's current Cyclically Adjusted PB Ratio of 0.52 is 68.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on FutureFuel and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FutureFuel's current Cyclically Adjusted PB Ratio is 0.52, which is 51% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FutureFuel stock overvalued right now?
Based on GuruFocus' analysis, FutureFuel (FRA:3FF) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.62, compared to a current price of €3.99 — trading 146.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 51% below median its 10-year median of 1.07 and 68.8% below the Chemicals industry median of 1.67. FutureFuel's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For FutureFuel (FRA:3FF), the current Cyclically Adjusted PB Ratio is 0.52 as of Jul. 19, 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 FutureFuel (FRA:3FF) Overvalued in 2026?

Based on GuruFocus' analysis, FutureFuel stock appears to be overvalued. The current stock price of €3.99 is trading 146.3% above its estimated GF Value™ of €1.62. GuruFocus considers FutureFuel to be Significantly Overvalued.

Key valuation signals for FRA:3FF:

  • Cyclically Adjusted PB Ratio: 0.52 (51% below median its 10-year median of 1.07)
  • GF Value™: €1.62 vs. price of €3.99 (146.3% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 68.8% below the Chemicals median (#165 of 1278)

No single metric tells the full story. See the FRA:3FF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FutureFuel Business Description

Other Exchanges FF:USA3FF:Germany
Address 2800 Gap Road, Batesville, AR, USA, 72501
FutureFuel Corp makes and sells diversified chemical products, bio-based fuel products, and specialty chemical products. The company is organized into two segments based on product type: biofuels and chemicals. The biofuels segment sells biodiesel and other petroleum products, with fuels made from a mix of diesel, vegetable oils, and grease feedstock. The chemicals segment, which generates the majority of revenue, sells products used in the production of agricultural chemicals, including herbicides, as well as coatings and cleaning products such as detergents.
58GF Score

Get the complete analysis for FRA:3FF

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

€3.99
Price
€1.62
GF Value