GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FuelCell Energy Inc (WBO:FCE2) » Definitions » Cyclically Adjusted PB Ratio

FuelCell Energy (WBO:FCE2) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 26, 2025)


View and export this data going back to 2018. Start your Free Trial

What is FuelCell Energy Cyclically Adjusted PB Ratio?

As of today (2025-06-26), FuelCell Energy's current share price is €5.058. FuelCell Energy's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was €365.47. 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:

WBO:FCE2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.22   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 0.22.

WBO:FCE2's Cyclically Adjusted PB Ratio is ranked better than
99.96% of 2230 companies
in the Industrial Products industry
Industry Median: 2.05 vs WBO:FCE2: 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 Apr. 2025 was €23.804. 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 €365.47 for the trailing ten years ended in Apr. 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 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.11 0.40 0.15 0.05

FuelCell Energy Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 0.05 0.03 0.02 0.02 0.01

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.


;
;

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
=5.058/365.47
=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 Apr. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=23.804/135.3468*135.3468
=23.804

Current CPI (Apr. 2025) = 135.3468.

FuelCell Energy Quarterly Data

Book Value per Share CPI Adj_Book
201507 1,262.197 100.691 1,696.625
201510 1,179.444 100.346 1,590.829
201601 1,143.269 99.957 1,548.037
201604 971.442 100.947 1,302.484
201607 1,221.108 101.524 1,627.929
201610 1,059.918 101.988 1,406.602
201701 856.388 102.456 1,131.304
201704 710.364 103.167 931.938
201707 512.059 103.278 671.059
201710 446.472 104.070 580.654
201801 406.449 104.578 526.035
201804 353.250 105.708 452.296
201807 319.355 106.324 406.528
201810 268.831 106.695 341.023
201901 171.282 106.200 218.291
201904 97.265 107.818 122.099
201907 19.188 108.250 23.991
201910 10.608 108.577 13.223
202001 8.275 108.841 10.290
202004 6.449 108.173 8.069
202007 10.646 109.318 13.181
202010 16.833 109.861 20.738
202101 25.019 110.364 30.682
202104 24.034 112.673 28.871
202107 46.139 115.183 54.216
202110 45.314 116.696 52.556
202201 43.555 118.619 49.697
202204 49.659 121.978 55.102
202207 51.588 125.002 55.857
202210 51.384 125.734 55.312
202301 45.824 126.223 49.136
202304 42.944 127.992 45.412
202307 42.669 128.974 44.777
202310 43.028 129.810 44.863
202401 40.465 130.124 42.089
202404 39.025 132.289 39.927
202407 33.750 132.708 34.421
202410 29.596 133.182 30.077
202501 29.021 134.029 29.306
202504 23.804 135.347 23.804

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  (WBO:FCE2) 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

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