FRCEF (Fletcher Building) Shiller PE Ratio: (As of Sep. 22, 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.

FRCEF Fletcher Building Ltd FRCEF
57 GF Score
Price $2.10
GF Value $1.18
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Fletcher Building Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fletcher Building  (OTCPK:FRCEF) 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.


Fletcher Building Shiller PE Ratio Related Terms


Fletcher Building Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Fletcher Building'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.

Fletcher Building Shiller PE Ratio Chart

Fletcher Building Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.86 13.68 11.36 19.68 30.76

Fletcher Building Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 12.89 15.27 24.34 28.75 47.94

FRCEF vs CRH, MLM, VMC: Shiller PE Ratio Comparison

For the Building Materials subindustry, Fletcher Building'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.


Fletcher Building Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fletcher Building's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fletcher Building's Shiller PE Ratio falls into.


FRCEF
57GF Score
Fletcher Building Ltd FRCEF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fletcher Building 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.

Fletcher Building's E10 for the fiscal year that ended in Jun26 is calculated as:

For example, Fletcher Building's adjusted earnings per share data for the fiscal year that ended in Jun26 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun26 (Change)*Current CPI (Jun26)
=0.1187/136.8867*136.8867
=0.119

Current CPI (Jun26) = 136.8867.

Fletcher Building Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201706 0.089 102.231 0.119
201806 -0.177 103.764 -0.233
201906 0.219 105.502 0.285
202006 -0.145 107.035 -0.185
202106 0.237 110.614 0.293
202206 0.323 118.690 0.373
202306 0.165 125.846 0.180
202406 -0.163 130.037 -0.171
202506 -0.244 133.513 -0.250
202606 0.119 136.887 0.119

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.

Is Fletcher Building (FRCEF) Overvalued in 2026?

Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued. The current stock price of $2.10 is trading 78% above its estimated GF Value™ of $1.18. GuruFocus considers Fletcher Building to be Significantly Overvalued.

Key valuation signals for FRCEF:

  • Shiller PE Ratio:
  • GF Value™: $1.18 vs. price of $2.10 (78% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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


Fletcher Building Business Description

Address 810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.
57GF Score

Get the complete analysis for FRCEF

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

$2.10
Price
$1.18
GF Value