Forum Energy Technologies (STU:1FE1) Cyclically Adjusted PS Ratio: 0.59 (As of Aug. 14, 2026) — 490% Above Median

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STU:1FE1 Forum Energy Technologies Inc STU:1FE1
47 GF Score
Price €71.00
GF Value €17.03
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Forum Energy Technologies Cyclically Adjusted PS Ratio?

Forum Energy Technologies STU:1FE1 +0.71% 47 Cyclically Adjusted PS Ratio is 0.59 as of Aug. 14, 2026, which is 490% above its 10-year median of 0.10. GuruFocus rates STU:1FE1 with a GF Score™ of 47/100 and a GF Value™ of €17.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 716 Oil & Gas companies, Forum Energy Technologies ranks better than 65.36% on this metric.

As of today (2026-08-14), Forum Energy Technologies's current share price is €71.00. Forum Energy Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €119.89. Forum Energy Technologies's Cyclically Adjusted PS Ratio for today is 0.59.

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

STU:1FE1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.59
Current: 0.59

During the past years, Forum Energy Technologies's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.01. And the median was 0.10.

STU:1FE1's Cyclically Adjusted PS Ratio is ranked better than
65.36% of 716 companies
in the Oil & Gas industry
Industry Median: 1.06 vs STU:1FE1: 0.59

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.

Forum Energy Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was €16.679. 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 €119.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forum Energy Technologies  (STU:1FE1) 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.


Forum Energy Technologies Cyclically Adjusted PS Ratio Related Terms


Forum Energy Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Forum Energy Technologies'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.

Forum Energy Technologies Cyclically Adjusted PS Ratio Chart

Forum Energy Technologies 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 0.07 0.13 0.11 0.10 0.26

Forum Energy Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.13 0.18 0.26 0.42 0.36

STU:1FE1 vs EROK, ACDC, CLB: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies'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.


Forum Energy Technologies Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:1FE1
47GF Score
Forum Energy Technologies Inc STU:1FE1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forum Energy Technologies 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.

Forum Energy Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.00/119.89
=0.59

* 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.

Forum Energy Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Forum Energy Technologies's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16.679/333.9520*333.9520
=16.679

Current CPI (Jun. 2026) = 333.9520.

Forum Energy Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 27.118 241.428 37.511
201612 30.056 241.432 41.574
201703 33.377 243.801 45.719
201706 37.220 244.955 50.743
201709 34.632 246.819 46.858
201712 39.328 246.524 53.275
201803 36.611 249.554 48.993
201806 43.147 251.989 57.181
201809 42.045 252.439 55.621
201812 43.990 251.233 58.474
201903 43.885 254.202 57.653
201906 39.534 256.143 51.543
201909 39.393 256.759 51.236
201912 32.555 256.974 42.307
202003 29.732 258.115 38.468
202006 18.027 257.797 23.352
202009 15.764 260.280 20.226
202012 16.614 260.474 21.301
202103 17.138 264.877 21.607
202106 20.230 271.696 24.865
202109 21.169 274.310 25.772
202112 23.160 278.802 27.741
202203 24.793 287.504 28.798
202206 15.547 296.311 17.522
202209 17.405 296.808 19.583
202212 31.139 296.797 35.037
202303 17.338 301.836 19.183
202306 16.765 305.109 18.350
202309 16.161 307.789 17.535
202312 16.611 306.746 18.084
202403 15.261 312.332 16.317
202406 15.461 314.175 16.434
202409 15.185 315.301 16.083
202412 15.563 315.605 16.468
202503 14.225 319.799 14.855
202506 13.796 322.561 14.283
202509 14.312 324.800 14.715
202512 15.415 324.054 15.886
202603 15.508 330.213 15.684
202606 16.679 333.952 16.679

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 0.59 mean?
Forum Energy Technologies (STU:1FE1) has a Cyclically Adjusted PS Ratio of 0.59 as of Aug. 14, 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 Forum Energy Technologies and its competitors. This is 490% above median its historical median of 0.10. Over the past decade, Forum Energy Technologies' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.59. According to the industry distribution chart, Forum Energy Technologies ranks #248 out of 716 companies in the Oil & Gas industry, placing it in the top 34.6%.
Is Forum Energy Technologies' Cyclically Adjusted PS Ratio too high?
Forum Energy Technologies' current Cyclically Adjusted PS Ratio of 0.59 is 490% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.59. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Forum Energy Technologies' value of 0.59 is 44.3% below this industry median. Based on the distribution chart, Forum Energy Technologies ranks #248 out of 716 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Forum Energy Technologies has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Energy Technologies' Cyclically Adjusted PS Ratio compare to EROK and ACDC?
According to the Oil & Gas industry distribution chart, Forum Energy Technologies ranks #248 out of 716 companies for Cyclically Adjusted PS Ratio. This puts Forum Energy Technologies in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Forum Energy Technologies' value of 0.59 is 44.3% below this benchmark. Historically, Forum Energy Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.59 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 1.06, Forum Energy Technologies 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 716 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. Forum Energy Technologies's current Cyclically Adjusted PS Ratio of 0.59 is 44.3% 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 Forum Energy Technologies and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Energy Technologies's current Cyclically Adjusted PS Ratio is 0.59, which is 490% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Energy Technologies stock overvalued right now?
Based on GuruFocus' analysis, Forum Energy Technologies (STU:1FE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €17.03, compared to a current price of €71.00 — trading 316.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.59, which is 490% above median its 10-year median of 0.10 and 44.3% below the Oil & Gas industry median of 1.06. Forum Energy Technologies' overall GF Score™ is 47/100 with 6 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 Forum Energy Technologies (STU:1FE1), the current Cyclically Adjusted PS Ratio is 0.59 as of Aug. 14, 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 Forum Energy Technologies (STU:1FE1) Overvalued in 2026?

Based on GuruFocus' analysis, Forum Energy Technologies stock appears to be overvalued. The current stock price of €71.00 is trading 316.9% above its estimated GF Value™ of €17.03. GuruFocus considers Forum Energy Technologies to be Significantly Overvalued.

Key valuation signals for STU:1FE1:

  • Cyclically Adjusted PS Ratio: 0.59 (490% above median its 10-year median of 0.10)
  • GF Value™: €17.03 vs. price of €71.00 (316.9% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 44.3% below the Oil & Gas median (#248 of 716)

No single metric tells the full story. See the STU:1FE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forum Energy Technologies Business Description

Industry EnergyOil & Gas
Other Exchanges FET:USA
Address 10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064
Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.
47GF Score

Get the complete analysis for STU:1FE1

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

€71.00
Price
€17.03
GF Value