FutureFuel (FRA:3FF) Cyclically Adjusted PS Ratio: 0.64 (As of Jul. 16, 2026) — 49% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:3FF FutureFuel Corp FRA:3FF
58 GF Score
Price €4.07
GF Value €1.71
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is FutureFuel Cyclically Adjusted PS Ratio?

FutureFuel FRA:3FF -0.25% 58 Cyclically Adjusted PS Ratio is 0.64 as of Jul. 16, 2026, which is 49% below its 10-year median of 1.26. GuruFocus rates FRA:3FF with a GF Score™ of 58/100 and a GF Value™ of €1.71 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,279 Chemicals companies, FutureFuel ranks better than 70.68% on this metric.

As of today (2026-07-16), FutureFuel's current share price is €4.07. FutureFuel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €6.40. FutureFuel's Cyclically Adjusted PS Ratio for today is 0.64.

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

FRA:3FF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.26   Max: 2.46
Current: 0.64

During the past years, FutureFuel's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.44. And the median was 1.26.

FRA:3FF's Cyclically Adjusted PS Ratio is ranked better than
70.68% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs FRA:3FF: 0.64

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

FutureFuel's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.628. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €6.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FutureFuel  (FRA:3FF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


FutureFuel Cyclically Adjusted PS Ratio Related Terms


FutureFuel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FutureFuel's Cyclically Adjusted PS 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 PS Ratio Chart

FutureFuel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.99 0.76 0.69 0.44

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 PS 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 0.51 0.52 0.53 0.44 0.53

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

For the Specialty Chemicals subindustry, FutureFuel's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Chemicals Industry

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

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


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

FutureFuel Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.07/6.40
=0.64

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.628/330.2130*330.2130
=0.628

Current CPI (Mar. 2026) = 330.2130.

FutureFuel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.388 241.018 1.902
201609 1.417 241.428 1.938
201612 1.508 241.432 2.063
201703 1.160 243.801 1.571
201706 1.387 244.955 1.870
201709 1.489 246.819 1.992
201712 1.454 246.524 1.948
201803 1.034 249.554 1.368
201806 1.730 251.989 2.267
201809 1.596 252.439 2.088
201812 1.316 251.233 1.730
201903 0.981 254.202 1.274
201906 1.434 256.143 1.849
201909 1.363 256.759 1.753
201912 0.415 256.974 0.533
202003 1.098 258.115 1.405
202006 0.963 257.797 1.234
202009 1.051 260.280 1.333
202012 0.937 260.474 1.188
202103 0.797 264.877 0.994
202106 1.406 271.696 1.709
202109 1.917 274.310 2.308
202112 2.165 278.802 2.564
202203 0.877 287.504 1.007
202206 2.546 296.311 2.837
202209 2.727 296.808 3.034
202212 2.541 296.797 2.827
202303 1.583 301.836 1.732
202306 1.799 305.109 1.947
202309 2.500 307.789 2.682
202312 1.928 306.746 2.075
202403 1.225 312.332 1.295
202406 1.537 314.175 1.615
202409 1.053 315.301 1.103
202412 1.342 315.605 1.404
202503 0.370 319.799 0.382
202506 0.706 322.561 0.723
202509 0.441 324.800 0.448
202512 0.385 324.054 0.392
202603 0.628 330.213 0.628

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.64 mean?
FutureFuel (FRA:3FF) has a Cyclically Adjusted PS Ratio of 0.64 as of Jul. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on FutureFuel and its competitors. This is 49% below median its historical median of 1.26. Over the past decade, FutureFuel's Cyclically Adjusted PS Ratio has ranged from 0.44 to 2.46. According to the industry distribution chart, FutureFuel ranks #375 out of 1279 companies in the Chemicals industry, placing it in the top 29.3%.
Is FutureFuel's Cyclically Adjusted PS Ratio too high?
FutureFuel's current Cyclically Adjusted PS Ratio of 0.64 is 49% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.46. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. FutureFuel's value of 0.64 is 51.5% below this industry median. Based on the distribution chart, FutureFuel ranks #375 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. 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 PS Ratio compare to RLEA and CMT?
According to the Chemicals industry distribution chart, FutureFuel ranks #375 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts FutureFuel in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. FutureFuel's value of 0.64 is 51.5% below this benchmark. Historically, FutureFuel's own Cyclically Adjusted PS Ratio has ranged from 0.44 to 2.46 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.32, 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 PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FutureFuel's current Cyclically Adjusted PS Ratio of 0.64 is 51.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on FutureFuel and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FutureFuel's current Cyclically Adjusted PS Ratio is 0.64, which is 49% below median its own 10-year median of 1.26. 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 €1.71, compared to a current price of €4.07 — trading 138% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.64, which is 49% below median its 10-year median of 1.26 and 51.5% below the Chemicals industry median of 1.32. 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For FutureFuel (FRA:3FF), the current Cyclically Adjusted PS Ratio is 0.64 as of Jul. 16, 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 €4.07 is trading 138% above its estimated GF Value™ of €1.71. GuruFocus considers FutureFuel to be Significantly Overvalued.

Key valuation signals for FRA:3FF:

  • Cyclically Adjusted PS Ratio: 0.64 (49% below median its 10-year median of 1.26)
  • GF Value™: €1.71 vs. price of €4.07 (138% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 51.5% below the Chemicals median (#375 of 1279)

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

€4.07
Price
€1.71
GF Value