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.
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.
First Tractor CoFIRRF 64 Shiller PE Ratio is 47.32 as of Aug. 12, 2026, which is 56% above its 10-year median of 30.25. GuruFocus rates FIRRF with a GF Score™ of 64/100 and a GF Value™ of $0.70. The stock has 7 warning signs investors should review. Among 137 Farm & Heavy Construction Machinery companies, First Tractor Co ranks worse than 85.4% on this metric.
As of today (2026-08-12), First Tractor Co's current share price is $0.9463. First Tractor Co's E10 for the quarter that ended in Dec. 2025 was $0.02. First Tractor Co's Shiller PE Ratio for today is 47.32.
The historical rank and industry rank for First Tractor Co's Shiller PE Ratio or its related term are showing as below:
FIRRF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.06 Med: 30.25 Max: 52.63
Current: 37.54
During the past years, First Tractor Co's highest Shiller PE Ratio was 52.63. The lowest was 21.06. And the median was 30.25.
FIRRF's Shiller PE Ratio is ranked worse than 85.4% of 137
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 19.48
vs FIRRF: 37.54
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.
First Tractor Co's adjusted earnings per share data for the three months ended in Dec. 2025 was $-0.023. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.02 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
First Tractor Co (OTCPK:FIRRF) 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.
First Tractor Co Shiller PE Ratio Related Terms
First Tractor Co Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for First Tractor Co'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.
FIRRF vs CAT, DE, PCAR: Shiller PE Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, First Tractor Co'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.
First Tractor Co Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where First Tractor Co's Shiller PE Ratio falls into.
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.
* 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.
First Tractor Co's E10 for the quarter that ended in Dec. 2025 is calculated as:
For example, First Tractor Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:
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.
First Tractor Co (FIRRF) has a Shiller PE Ratio of 47.32 as of Aug. 12, 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 First Tractor Co and its competitors. This is 56% above median its historical median of 30.25. Over the past decade, First Tractor Co's Shiller PE Ratio has ranged from 21.06 to 52.63. According to the industry distribution chart, First Tractor Co ranks #117 out of 137 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 85.4%.
Is First Tractor Co's Shiller PE Ratio too high?
First Tractor Co's current Shiller PE Ratio of 47.32 is 56% above median its 10-year median of 30.25. Over the past 10 years, this metric has ranged from a low of 21.06 to a high of 52.63. The Farm & Heavy Construction Machinery industry median Shiller PE Ratio is 19.48. First Tractor Co's value of 47.32 is 142.9% above this industry median. Based on the distribution chart, First Tractor Co ranks #117 out of 137 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, First Tractor Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does First Tractor Co's Shiller PE Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, First Tractor Co ranks #117 out of 137 companies for Shiller PE Ratio. This places First Tractor Co in the lower half of its industry. The industry median Shiller PE Ratio is 19.48. First Tractor Co's value of 47.32 is 142.9% above this benchmark. Historically, First Tractor Co's own Shiller PE Ratio has ranged from 21.06 to 52.63 over the past decade. While the company's 10-year median is 30.25 vs. the industry median of 19.48, First Tractor Co 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 a Farm & Heavy Construction Machinery company?
The median Shiller PE Ratio among Farm & Heavy Construction Machinery companies is 19.48, based on 137 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. First Tractor Co's current Shiller PE Ratio of 47.32 is 142.9% 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 First Tractor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Shiller PE Ratio is 19.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Tractor Co's current Shiller PE Ratio is 47.32, which is 56% above median its own 10-year median of 30.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Tractor Co stock overvalued right now?
First Tractor Co (FIRRF) has a current Shiller PE Ratio of 47.32. The stock's GF Value™ is $0.70, compared to a current price of $0.95 — trading 35.2% above its estimated fair value. The current Shiller PE Ratio is 47.32, which is 56% above median its 10-year median of 30.25 and 142.9% above the Farm & Heavy Construction Machinery industry median of 19.48. First Tractor Co's overall GF Score™ is 64/100 with 7 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 First Tractor Co (FIRRF), the current Shiller PE Ratio is 47.32 as of Aug. 12, 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 First Tractor Co (FIRRF) Overvalued in 2026?
Based on GuruFocus' analysis, First Tractor Co stock appears to be overvalued.
The current stock price of $0.95 is trading 35.2% above its estimated GF Value™ of $0.70.
Key valuation signals for FIRRF:
Shiller PE Ratio: 47.32 (56% above median its 10-year median of 30.25)
GF Value™: $0.70 vs. price of $0.95 (35.2% above fair value)
Industry Position: 142.9% above the Farm & Heavy Construction Machinery median (#117 of 137)
No single metric tells the full story. See the FIRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Tractor Co Ltd is an agricultural machinery and equipment manufacturing service provider in China. The company focuses on the R&D and manufacturing of medium and largesized tractors and their core components, accelerating the product upgrades towards high-end, intelligent and green technologies. The company has two reportable segments: agricultural machinery segment and power machinery segment. The agricultural machinery segment is responsible for the production and sales of agricultural tractors and harvesters. The power machinery segment is mainly responsible for the production and sales of diesel engines. The majority of the company's revenue is derived from the Agricultural machinery segment.
64GF Score
Get the complete analysis for FIRRF
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FIRRF has been successfully added to your 
