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FET (Forum Energy Technologies) Shiller PE Ratio : (As of Apr. 10, 2025)


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What is Forum Energy Technologies Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forum Energy Technologies Shiller PE Ratio Historical Data

The historical data trend for Forum Energy Technologies'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.

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Forum Energy Technologies Shiller PE Ratio Chart

Forum Energy Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Forum Energy Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Forum Energy Technologies's Shiller PE Ratio

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


Forum Energy Technologies's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Forum Energy Technologies's Shiller PE Ratio falls into.


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Forum Energy Technologies 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.

Forum Energy Technologies's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Forum Energy Technologies's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-8.39/133.1571*133.1571
=-8.390

Current CPI (Dec. 2024) = 133.1571.

Forum Energy Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 6.200 99.621 8.287
201506 2.000 100.684 2.645
201509 1.400 100.392 1.857
201512 -36.200 99.792 -48.303
201603 -5.000 100.470 -6.627
201606 -6.200 101.688 -8.119
201609 -4.000 101.861 -5.229
201612 -2.800 101.863 -3.660
201703 -3.200 102.862 -4.142
201706 -16.200 103.349 -20.872
201709 -3.000 104.136 -3.836
201712 9.400 104.011 12.034
201803 5.000 105.290 6.323
201806 -2.800 106.317 -3.507
201809 -0.600 106.507 -0.750
201812 -70.600 105.998 -88.689
201903 -1.400 107.251 -1.738
201906 -2.400 108.070 -2.957
201909 -96.600 108.329 -118.739
201912 -2.200 108.420 -2.702
202003 -6.680 108.902 -8.168
202006 -0.980 108.767 -1.200
202009 -3.860 109.815 -4.680
202012 -5.850 109.897 -7.088
202103 -5.280 111.754 -6.291
202106 -3.870 114.631 -4.495
202109 -2.050 115.734 -2.359
202112 -3.460 117.630 -3.917
202203 -1.620 121.301 -1.778
202206 1.150 125.017 1.225
202209 1.820 125.227 1.935
202212 -2.220 125.222 -2.361
202303 -0.340 127.348 -0.356
202306 -0.640 128.729 -0.662
202309 0.770 129.860 0.790
202312 -1.640 129.419 -1.687
202403 -0.850 131.776 -0.859
202406 -0.540 132.554 -0.542
202409 -1.200 133.029 -1.201
202412 -8.390 133.157 -8.390

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.


Forum Energy Technologies  (NYSE:FET) 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.


Forum Energy Technologies Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Forum Energy Technologies's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Forum Energy Technologies Business Description

Traded in Other Exchanges
Address
10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064
Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. 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. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.
Executives
Neal Lux officer: SVP Operations 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
C Christopher Gaut director, officer: President, CEO & COB 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
John C Ivascu officer: SVP and General Counsel 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
Katherine Campbell Keller officer: VP PAO 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Scf Partners, Inc. 10 percent owner, other: Member of Group 600 TRAVIS STE 6600, HOUSTON TX 77002
Rowsey Paul E Iii director CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Emily Reichert director 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Evelyn M Angelle director 10200 BELLAIRE BLVD., 2NE-12A, HOUSTON TX 77072
Andrew L Waite director
David C Baldwin director 11700 OLD KATY ROAD, SUITE 300, HOUSTON TX 77079
Michael Dewayne Danford officer: VP - Human Resources 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
John Mcelroy officer: Principal Accounting Officer 10344 SAM HOUSTON PARK DRIVE, HOUSTON TX 77064
Scf Gp Llc 10 percent owner 600 TRAVIS STREET, SUITE 6600, HOUSTON TX 77002
Prady Iyyanki officer: EVP & Chief Operating Officer 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024