H.B. Fuller Co (FRA:HB1) PE Ratio without NRI: 13.56 (As of Jul. 04, 2026) — 30% Below Median


FRA:HB1 H.B. Fuller Co FRA:HB1
83 GF Score
Price €50.50
GF Value €58.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is H.B. Fuller Co PE Ratio without NRI?

H.B. Fuller Co FRA:HB1 +1.41% 83 PE Ratio without NRI is 13.56 as of Jul. 04, 2026, which is 30% below its 10-year median of 19.48. GuruFocus rates FRA:HB1 with a GF Score™ of 83/100 and a GF Value™ of €58.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,176 Chemicals companies, H.B. Fuller Co ranks better than 76.53% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-04), H.B. Fuller Co's share price is €50.50. H.B. Fuller Co's EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 was €3.72. Therefore, H.B. Fuller Co's PE Ratio without NRI for today is 13.56.

During the past 13 years, H.B. Fuller Co's highest PE Ratio without NRI was 24.77. The lowest was 9.14. And the median was 19.48.

H.B. Fuller Co's EPS without NRI for the three months ended in May. 2026 was €1.05. Its EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 was €3.72.

As of today (2026-07-04), H.B. Fuller Co's share price is €50.50. H.B. Fuller Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was €2.89. Therefore, H.B. Fuller Co's PE Ratio (TTM) for today is 17.48.

Good Sign:

H.B. Fuller Co stock PE Ratio (=17.23) is close to 5-year low of 16.75.

During the past years, H.B. Fuller Co's highest PE Ratio (TTM) was 49.25. The lowest was 10.40. And the median was 22.59.

H.B. Fuller Co's EPS (Diluted) for the three months ended in May. 2026 was €1.05. Its EPS (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was €2.89.

H.B. Fuller Co's EPS (Basic) for the three months ended in May. 2026 was €1.07. Its EPS (Basic) for the trailing twelve months (TTM) ended in May. 2026 was €2.92.


H.B. Fuller Co  (FRA:HB1) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


H.B. Fuller Co PE Ratio without NRI Related Terms


H.B. Fuller Co PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for H.B. Fuller Co's PE Ratio without NRI 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 PE Ratio without NRI Chart

H.B. Fuller Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.08 20.08 19.56 20.02 13.75

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
PE Ratio without NRI 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 14.81 15.65 13.75 15.32 14.76

FRA:HB1 vs HWKN, WDFC, AVNT: PE Ratio without NRI Comparison

For the Specialty Chemicals subindustry, H.B. Fuller Co's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's PE Ratio without NRI falls into.


FRA:HB1
83GF Score
H.B. Fuller Co FRA:HB1
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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H.B. Fuller Co PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

H.B. Fuller Co's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=50.50/3.724
=13.56

H.B. Fuller Co's Share Price of today is €50.50.
H.B. Fuller Co's EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.72.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 13.56 mean?
H.B. Fuller Co (FRA:HB1) has a PE Ratio without NRI of 13.56 as of Jul. 04, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on H.B. Fuller Co and its competitors. This is 30% below median its historical median of 19.48. Over the past decade, H.B. Fuller Co's PE Ratio without NRI has ranged from 9.14 to 24.77. According to the industry distribution chart, H.B. Fuller Co ranks #276 out of 1176 companies in the Chemicals industry, placing it in the top 23.5%.
Is H.B. Fuller Co's PE Ratio without NRI too high?
H.B. Fuller Co's current PE Ratio without NRI of 13.56 is 30% below median its 10-year median of 19.48. Over the past 10 years, this metric has ranged from a low of 9.14 to a high of 24.77. The Chemicals industry median PE Ratio without NRI is 24.05. H.B. Fuller Co's value of 13.56 is 43.6% below this industry median. Based on the distribution chart, H.B. Fuller Co ranks #276 out of 1176 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, H.B. Fuller Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's PE Ratio without NRI compare to HWKN and WDFC?
According to the Chemicals industry distribution chart, H.B. Fuller Co ranks #276 out of 1176 companies for PE Ratio without NRI. This places H.B. Fuller Co in the top 24% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 24.05. H.B. Fuller Co's value of 13.56 is 43.6% below this benchmark. Historically, H.B. Fuller Co's own PE Ratio without NRI has ranged from 9.14 to 24.77 over the past decade. While the company's 10-year median is 19.48 vs. the industry median of 24.05, 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 PE Ratio without NRI for a Chemicals company?
The median PE Ratio without NRI among Chemicals companies is 24.05, based on 1,176 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H.B. Fuller Co's current PE Ratio without NRI of 13.56 is 43.6% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on H.B. Fuller Co and its competitors. For the Chemicals industry, the median PE Ratio without NRI is 24.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.B. Fuller Co's current PE Ratio without NRI is 13.56, which is 30% below median its own 10-year median of 19.48. 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?
Based on GuruFocus' analysis, H.B. Fuller Co (FRA:HB1) is currently considered Modestly Undervalued. The stock's GF Value™ is €58.28, compared to a current price of €50.50 — trading 13.3% below its estimated fair value. The current PE Ratio without NRI is 13.56, which is 30% below median its 10-year median of 19.48 and 43.6% below the Chemicals industry median of 24.05. 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 PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For H.B. Fuller Co (FRA:HB1), the current PE Ratio without NRI is 13.56 as of Jul. 04, 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 €50.50 is trading 13.3% below its estimated GF Value™ of €58.28. GuruFocus considers H.B. Fuller Co to be Modestly Undervalued.

Key valuation signals for FRA:HB1:

  • PE Ratio without NRI: 13.56 (30% below median its 10-year median of 19.48)
  • GF Value™: €58.28 vs. price of €50.50 (13.3% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 43.6% below the Chemicals median (#276 of 1176)

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

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€50.50
Price
€58.28
GF Value