H.B. Fuller Co (FRA:HB1) Cyclically Adjusted PS Ratio: 0.82 (As of Jul. 26, 2026) — 31% 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:HB1 H.B. Fuller Co FRA:HB1
83 GF Score
Price €47.80
GF Value €57.58
! 4 Warning Signs
View Full Analysis

What is H.B. Fuller Co Cyclically Adjusted PS Ratio?

H.B. Fuller Co FRA:HB1 -1.24% 83 Cyclically Adjusted PS Ratio is 0.82 as of Jul. 26, 2026, which is 31% below its 10-year median of 1.19. GuruFocus rates FRA:HB1 with a GF Score™ of 83/100 and a GF Value™ of €57.58. The stock has 4 warning signs investors should review. Among 1,277 Chemicals companies, H.B. Fuller Co ranks better than 65.15% on this metric.

As of today (2026-07-26), H.B. Fuller Co's current share price is €47.80. H.B. Fuller Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €58.62. H.B. Fuller Co's Cyclically Adjusted PS Ratio for today is 0.82.

The historical rank and industry rank for H.B. Fuller Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:HB1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.19   Max: 1.58
Current: 0.8

During the past years, H.B. Fuller Co's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.57. And the median was 1.19.

FRA:HB1's Cyclically Adjusted PS Ratio is ranked better than
65.15% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs FRA:HB1: 0.80

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.

H.B. Fuller Co's adjusted revenue per share data for the three months ended in May. 2026 was €14.771. 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 €58.62 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


H.B. Fuller Co  (FRA:HB1) 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.


H.B. Fuller Co Cyclically Adjusted PS Ratio Related Terms


H.B. Fuller Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for H.B. Fuller Co'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.

H.B. Fuller Co Cyclically Adjusted PS Ratio Chart

H.B. Fuller Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.36 1.22 1.19 0.87

H.B. Fuller Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.85 0.92 0.87 0.97 0.92

FRA:HB1 vs HWKN, WDFC, AVNT: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, H.B. Fuller Co'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.


H.B. Fuller Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's Cyclically Adjusted PS Ratio falls into.


FRA:HB1
83GF Score
H.B. Fuller Co FRA:HB1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H.B. Fuller Co 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.

H.B. Fuller Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.80/58.62
=0.82

* 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.

H.B. Fuller Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, H.B. Fuller Co's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=14.771/335.1230*335.1230
=14.771

Current CPI (May. 2026) = 335.1230.

H.B. Fuller Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 8.891 240.849 12.371
201611 10.373 241.353 14.403
201702 9.184 243.603 12.634
201705 9.834 244.733 13.466
201708 9.238 245.519 12.609
201711 11.171 246.669 15.177
201802 11.129 248.991 14.979
201805 12.881 251.588 17.158
201808 12.791 252.146 17.000
201811 13.000 252.038 17.285
201902 11.423 252.776 15.144
201905 13.033 256.092 17.055
201908 12.662 256.558 16.539
201911 12.759 257.208 16.624
202002 11.276 258.678 14.608
202005 11.890 256.394 15.541
202008 11.110 259.918 14.325
202011 12.441 260.229 16.022
202102 11.255 263.014 14.341
202105 12.549 269.195 15.622
202108 12.861 273.567 15.755
202111 14.298 277.948 17.239
202202 13.621 283.716 16.089
202205 17.060 292.296 19.560
202208 16.851 296.171 19.067
202211 16.945 297.711 19.074
202302 13.516 300.840 15.056
202305 14.832 304.127 16.344
202308 14.739 307.026 16.088
202311 14.855 307.051 16.213
202402 13.279 310.326 14.340
202405 14.979 314.069 15.983
202408 14.697 314.796 15.646
202411 15.351 315.493 16.306
202502 13.513 319.082 14.192
202505 14.496 321.465 15.112
202508 13.891 323.976 14.369
202511 14.002 324.122 14.477
202602 11.747 326.785 12.047
202605 14.771 335.123 14.771

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 0.82 mean?
H.B. Fuller Co (FRA:HB1) has a Cyclically Adjusted PS Ratio of 0.82 as of Jul. 26, 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 H.B. Fuller Co and its competitors. This is 31% below median its historical median of 1.19. Over the past decade, H.B. Fuller Co's Cyclically Adjusted PS Ratio has ranged from 0.57 to 1.58. According to the industry distribution chart, H.B. Fuller Co ranks #445 out of 1277 companies in the Chemicals industry, placing it in the top 34.8%.
Is H.B. Fuller Co's Cyclically Adjusted PS Ratio too high?
H.B. Fuller Co's current Cyclically Adjusted PS Ratio of 0.82 is 31% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.58. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. H.B. Fuller Co's value of 0.82 is 36.4% below this industry median. Based on the distribution chart, H.B. Fuller Co ranks #445 out of 1277 companies in the Chemicals industry, which is above the industry midpoint. Overall, H.B. Fuller Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's Cyclically Adjusted PS Ratio compare to HWKN and WDFC?
According to the Chemicals industry distribution chart, H.B. Fuller Co ranks #445 out of 1277 companies for Cyclically Adjusted PS Ratio. This puts H.B. Fuller Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. H.B. Fuller Co's value of 0.82 is 36.4% below this benchmark. Historically, H.B. Fuller Co's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 1.58 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.29, H.B. Fuller Co 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 1.29, based on 1,277 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. H.B. Fuller Co's current Cyclically Adjusted PS Ratio of 0.82 is 36.4% 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 H.B. Fuller Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.B. Fuller Co's current Cyclically Adjusted PS Ratio is 0.82, which is 31% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.B. Fuller Co stock overvalued right now?
H.B. Fuller Co (FRA:HB1) has a current Cyclically Adjusted PS Ratio of 0.82. The stock's GF Value™ is €57.58, compared to a current price of €47.80 — trading 17% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 31% below median its 10-year median of 1.19 and 36.4% below the Chemicals industry median of 1.29. H.B. Fuller Co's overall GF Score™ is 83/100 with 4 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 H.B. Fuller Co (FRA:HB1), the current Cyclically Adjusted PS Ratio is 0.82 as of Jul. 26, 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 H.B. Fuller Co (FRA:HB1) Overvalued in 2026?

Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued. The current stock price of €47.80 is trading 17% below its estimated GF Value™ of €57.58.

Key valuation signals for FRA:HB1:

  • Cyclically Adjusted PS Ratio: 0.82 (31% below median its 10-year median of 1.19)
  • GF Value™: €57.58 vs. price of €47.80 (17% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 36.4% below the Chemicals median (#445 of 1277)

No single metric tells the full story. See the FRA:HB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H.B. Fuller Co Business Description

Other Exchanges FUL:USA
Address 1200 Willow Lake Boulevard, Saint Paul, MN, USA, 55110-5101
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.
83GF Score

Get the complete analysis for FRA:HB1

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

€47.80
Price
€57.58
GF Value