FLSmidth AS (CHIX:FLSC) Shiller PE Ratio: 47.90 (As of Sep. 08, 2026) — 93% Above Median

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CHIX:FLSC FLSmidth & Co AS CHIX:FLSC
59 GF Score
Price kr598.25
GF Value kr320.52
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is FLSmidth AS Shiller PE Ratio?

FLSmidth AS CHIX:FLSC 59 Shiller PE Ratio is 47.90 as of Sep. 08, 2026, which is 93% above its 10-year median of 24.84. GuruFocus rates CHIX:FLSC with a GF Score™ of 59/100 and a GF Value™ of kr320.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,798 Industrial Products companies, FLSmidth AS ranks worse than 71.52% on this metric.

As of today (2026-09-08), FLSmidth AS's current share price is kr598.25. FLSmidth AS's E10 for the quarter that ended in Jun. 2026 was kr12.49. FLSmidth AS's Shiller PE Ratio for today is 47.90.

The historical rank and industry rank for FLSmidth AS's Shiller PE Ratio or its related term are showing as below:

CHIX:FLSc' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.84   Med: 24.84   Max: 63.33
Current: 49.48

During the past years, FLSmidth AS's highest Shiller PE Ratio was 63.33. The lowest was 10.84. And the median was 24.84.

CHIX:FLSc's Shiller PE Ratio is ranked worse than
71.52% of 1798 companies
in the Industrial Products industry
Industry Median: 28.9 vs CHIX:FLSc: 49.48

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

FLSmidth AS's adjusted earnings per share data for the three months ended in Jun. 2026 was kr8.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr12.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FLSmidth AS  (CHIX:FLSc) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


FLSmidth AS Shiller PE Ratio Related Terms


FLSmidth AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for FLSmidth AS's Shiller PE 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.

FLSmidth AS Shiller PE Ratio Chart

FLSmidth AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.04 33.41 27.92 34.95 47.67

FLSmidth AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 43.18 44.93 47.67 43.97 40.95

CHIX:FLSC vs GEV, ETN, PH: Shiller PE Ratio Comparison

For the Specialty Industrial Machinery subindustry, FLSmidth AS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


FLSmidth AS Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where FLSmidth AS's Shiller PE Ratio falls into.


CHIX:FLSC
59GF Score
FLSmidth & Co AS CHIX:FLSC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FLSmidth AS Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

FLSmidth AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=598.25/12.49
=47.90

* 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.

FLSmidth AS's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, FLSmidth AS's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.1/122.9700*122.9700
=8.100

Current CPI (Jun. 2026) = 122.9700.

FLSmidth AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 3.400 100.200 4.173
201612 3.700 100.300 4.536
201703 3.200 101.200 3.888
201706 1.500 101.200 1.823
201709 0.500 101.800 0.604
201712 -3.800 101.300 -4.613
201803 2.700 101.700 3.265
201806 3.300 102.300 3.967
201809 3.200 102.400 3.843
201812 3.500 102.100 4.215
201903 2.800 102.900 3.346
201906 4.400 102.900 5.258
201909 3.800 102.900 4.541
201912 4.500 102.900 5.378
202003 2.000 103.300 2.381
202006 -0.300 103.200 -0.357
202009 0.800 103.500 0.950
202012 1.700 103.400 2.022
202103 1.000 104.300 1.179
202106 1.100 105.000 1.288
202109 1.800 105.800 2.092
202112 3.000 106.600 3.461
202203 2.300 109.900 2.574
202206 2.500 113.600 2.706
202209 2.900 116.400 3.064
202212 -1.200 115.900 -1.273
202303 1.500 117.300 1.573
202306 2.000 116.400 2.113
202309 4.800 117.400 5.028
202312 0.400 116.700 0.421
202403 3.400 118.400 3.531
202406 3.200 118.500 3.321
202409 5.000 118.900 5.171
202412 5.000 118.900 5.171
202503 6.100 120.200 6.241
202506 -8.100 120.700 -8.252
202509 6.900 121.600 6.978
202512 -5.100 121.200 -5.174
202603 18.000 121.680 18.191
202606 8.100 122.970 8.100

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 47.90 mean?
FLSmidth AS (CHIX:FLSC) has a Shiller PE Ratio of 47.90 as of Sep. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on FLSmidth AS and its competitors. This is 93% above median its historical median of 24.84. Over the past decade, FLSmidth AS's Shiller PE Ratio has ranged from 10.84 to 63.33. According to the industry distribution chart, FLSmidth AS ranks #1286 out of 1798 companies in the Industrial Products industry, placing it in the top 71.5%.
Is FLSmidth AS's Shiller PE Ratio too high?
FLSmidth AS's current Shiller PE Ratio of 47.90 is 93% above median its 10-year median of 24.84. Over the past 10 years, this metric has ranged from a low of 10.84 to a high of 63.33. The Industrial Products industry median Shiller PE Ratio is 28.90. FLSmidth AS's value of 47.90 is 65.7% above this industry median. Based on the distribution chart, FLSmidth AS ranks #1286 out of 1798 companies in the Industrial Products industry, which is below the industry midpoint. Overall, FLSmidth AS has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's Shiller PE Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FLSmidth AS ranks #1286 out of 1798 companies for Shiller PE Ratio. This places FLSmidth AS in the lower half of its industry. The industry median Shiller PE Ratio is 28.90. FLSmidth AS's value of 47.90 is 65.7% above this benchmark. Historically, FLSmidth AS's own Shiller PE Ratio has ranged from 10.84 to 63.33 over the past decade. While the company's 10-year median is 24.84 vs. the industry median of 28.90, FLSmidth AS has consistently been above 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 Shiller PE Ratio for an Industrial Products company?
The median Shiller PE Ratio among Industrial Products companies is 28.90, based on 1,798 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FLSmidth AS's current Shiller PE Ratio of 47.90 is 65.7% above 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on FLSmidth AS and its competitors. For the Industrial Products industry, the median Shiller PE Ratio is 28.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FLSmidth AS's current Shiller PE Ratio is 47.90, which is 93% above median its own 10-year median of 24.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (CHIX:FLSC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr320.52, compared to a current price of kr598.25 — trading 86.6% above its estimated fair value. The current Shiller PE Ratio is 47.90, which is 93% above median its 10-year median of 24.84 and 65.7% above the Industrial Products industry median of 28.90. FLSmidth AS's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For FLSmidth AS (CHIX:FLSC), the current Shiller PE Ratio is 47.90 as of Sep. 08, 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 FLSmidth AS (CHIX:FLSC) Overvalued in 2026?

Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued. The current stock price of kr598.25 is trading 86.6% above its estimated GF Value™ of kr320.52. GuruFocus considers FLSmidth AS to be Significantly Overvalued.

Key valuation signals for CHIX:FLSC:

  • Shiller PE Ratio: 47.90 (93% above median its 10-year median of 24.84)
  • GF Value™: kr320.52 vs. price of kr598.25 (86.6% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 65.7% above the Industrial Products median (#1286 of 1798)

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


FLSmidth AS Business Description

Address Havneholmen 2, Copenhagen, DNK, 2450
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
59GF Score

Get the complete analysis for CHIX:FLSC

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

kr598.25
Price
kr320.52
GF Value