FMST (Foremost Clean Energy) Shiller PE Ratio: (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FMST Foremost Clean Energy Ltd FMST
32 GF Score
Price $0.74
! 1 Warning Sign
View Full Analysis

What is Foremost Clean Energy Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Foremost Clean Energy  (NAS:FMST) 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.


Foremost Clean Energy Shiller PE Ratio Related Terms


Foremost Clean Energy Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Foremost Clean Energy'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.

Foremost Clean Energy Shiller PE Ratio Chart

Foremost Clean Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Foremost Clean Energy 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 0.00 0.00 0.00 0.00 0.00

Foremost Clean Energy Shiller PE Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Foremost Clean Energy'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.


Foremost Clean Energy Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Foremost Clean Energy's Shiller PE Ratio distribution charts can be found below:

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


FMST
32GF Score
Foremost Clean Energy Ltd FMST
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foremost Clean Energy 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.

Foremost Clean Energy's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Foremost Clean Energy'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)
=-0.0457/133.5265*133.5265
=-0.046

Current CPI (Jun. 2026) = 133.5265.

Foremost Clean Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.383 101.765 -0.503
201612 -0.375 101.449 -0.493
201703 -0.213 102.634 -0.277
201706 -0.372 103.029 -0.482
201709 -0.399 103.345 -0.515
201712 -2.754 103.345 -3.558
201803 -1.186 105.004 -1.508
201806 -0.387 105.557 -0.490
201809 -0.161 105.636 -0.204
201812 0.036 105.399 0.046
201903 -0.600 106.979 -0.748
201906 -0.185 107.690 -0.230
201909 -0.088 107.611 -0.109
201912 -0.175 107.769 -0.216
202003 -0.345 107.927 -0.426
202006 -0.138 108.401 -0.170
202009 -0.033 108.164 -0.040
202012 -0.185 108.559 -0.227
202103 -0.348 110.298 -0.421
202106 -0.064 111.720 -0.076
202109 -0.031 112.905 -0.037
202112 -0.181 113.774 -0.212
202203 -0.664 117.646 -0.754
202206 -0.166 120.806 -0.184
202209 -0.151 120.648 -0.167
202212 0.394 120.964 0.434
202303 0.060 122.702 0.065
202306 -0.114 124.203 -0.122
202309 -0.292 125.230 -0.312
202312 -0.099 125.072 -0.106
202403 -0.216 126.258 -0.228
202406 -0.116 127.522 -0.122
202409 -0.203 127.285 -0.213
202412 -0.164 127.364 -0.172
202503 0.052 129.181 0.054
202506 0.027 129.892 0.027
202509 -0.155 130.287 -0.158
202512 -0.096 130.366 -0.098
202603 -0.137 132.262 -0.138
202606 -0.046 133.527 -0.046

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.


Foremost Clean Energy Business Description

Other Exchanges F0R:GermanyFAT:Canada
Address 750 West Pender Street, Suite 250, Vancouver, BC, CAN, V7Y 1K3
Foremost Clean Energy Ltd is an emerging North American uranium and lithium exploration company. Its uranium portfolio consists of projects at different stages of exploration from grassroots, to those with historical exploration and drill-ready targets. It also maintains a secondary portfolio of lithium projects at different stages of development spanning 50,000-plus acres across Manitoba and Quebec. Geographically it covers Canada and United states.
32GF Score

Get the complete analysis for FMST

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

$0.74
Price