FUL (H.B. Fuller Co) Shiller PE Ratio: 16.38 (As of Sep. 09, 2026) — 36% Below Median

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FUL H.B. Fuller Co FUL
84 GF Score
Price $51.92
GF Value $67.76
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is H.B. Fuller Co Shiller PE Ratio?

H.B. Fuller Co FUL -2.11% 84 Shiller PE Ratio is 16.38 as of Sep. 09, 2026, which is 36% below its 10-year median of 25.53. GuruFocus rates FUL with a GF Score™ of 84/100 and a GF Value™ of $67.76 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,086 Chemicals companies, H.B. Fuller Co ranks better than 62.34% on this metric.

As of today (2026-09-09), H.B. Fuller Co's current share price is $51.92. H.B. Fuller Co's E10 for the quarter that ended in May. 2026 was $3.17. H.B. Fuller Co's Shiller PE Ratio for today is 16.38.

The historical rank and industry rank for H.B. Fuller Co's Shiller PE Ratio or its related term are showing as below:

FUL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.23   Med: 25.53   Max: 33.18
Current: 16.38

During the past years, H.B. Fuller Co's highest Shiller PE Ratio was 33.18. The lowest was 12.23. And the median was 25.53.

FUL's Shiller PE Ratio is ranked better than
62.34% of 1086 companies
in the Chemicals industry
Industry Median: 22.255 vs FUL: 16.38

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.

H.B. Fuller Co's adjusted earnings per share data for the three months ended in May. 2026 was $1.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.17 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


H.B. Fuller Co  (NYSE:FUL) 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.


H.B. Fuller Co Shiller PE Ratio Related Terms


H.B. Fuller Co Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for H.B. Fuller 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.

H.B. Fuller Co Shiller PE Ratio Chart

H.B. Fuller Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.69 30.30 27.57 26.29 19.10

H.B. Fuller Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 18.68 19.94 19.10 21.46 20.19

FUL vs WDFC, KWR, ASH: Shiller PE Ratio Comparison

For the Specialty Chemicals subindustry, H.B. Fuller 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.


H.B. Fuller Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's Shiller PE Ratio falls into.


FUL
84GF Score
H.B. Fuller Co FUL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H.B. Fuller Co 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.

H.B. Fuller Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=51.92/3.17
=16.38

* 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.

H.B. Fuller Co's E10 for the quarter that ended in May. 2026 is calculated as:

For example, H.B. Fuller Co's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=1.23/335.1230*335.1230
=1.230

Current CPI (May. 2026) = 335.1230.

H.B. Fuller Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201608 0.640 240.849 0.891
201611 0.760 241.353 1.055
201702 0.290 243.603 0.399
201705 0.500 244.733 0.685
201708 0.490 245.519 0.669
201711 -0.150 246.669 -0.204
201802 0.920 248.991 1.238
201805 0.860 251.588 1.146
201808 0.720 252.146 0.957
201811 0.790 252.038 1.050
201902 0.240 252.776 0.318
201905 0.700 256.092 0.916
201908 0.970 256.558 1.267
201911 0.610 257.208 0.795
202002 0.190 258.678 0.246
202005 0.610 256.394 0.797
202008 0.790 259.918 1.019
202011 0.770 260.229 0.992
202102 0.560 263.014 0.714
202105 0.900 269.195 1.120
202108 0.580 273.567 0.711
202111 1.180 277.948 1.423
202202 0.690 283.716 0.815
202205 0.860 292.296 0.986
202208 0.840 296.171 0.950
202211 0.870 297.711 0.979
202302 0.390 300.840 0.434
202305 0.730 304.127 0.804
202308 0.670 307.026 0.731
202311 0.800 307.051 0.873
202402 0.550 310.326 0.594
202405 0.910 314.069 0.971
202408 0.980 314.796 1.043
202411 -0.130 315.493 -0.138
202502 0.240 319.082 0.252
202505 0.760 321.465 0.792
202508 1.220 323.976 1.262
202511 0.540 324.122 0.558
202602 0.380 326.785 0.390
202605 1.230 335.123 1.230

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 16.38 mean?
H.B. Fuller Co (FUL) has a Shiller PE Ratio of 16.38 as of Sep. 09, 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 H.B. Fuller Co and its competitors. This is 36% below median its historical median of 25.53. Over the past decade, H.B. Fuller Co's Shiller PE Ratio has ranged from 12.23 to 33.18. According to the industry distribution chart, H.B. Fuller Co ranks #409 out of 1086 companies in the Chemicals industry, placing it in the top 37.7%.
Is H.B. Fuller Co's Shiller PE Ratio too high?
H.B. Fuller Co's current Shiller PE Ratio of 16.38 is 36% below median its 10-year median of 25.53. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 33.18. The Chemicals industry median Shiller PE Ratio is 22.26. H.B. Fuller Co's value of 16.38 is 26.4% below this industry median. Based on the distribution chart, H.B. Fuller Co ranks #409 out of 1086 companies in the Chemicals industry, which is above the industry midpoint. Overall, H.B. Fuller Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's Shiller PE Ratio compare to WDFC and KWR?
According to the Chemicals industry distribution chart, H.B. Fuller Co ranks #409 out of 1086 companies for Shiller PE Ratio. This puts H.B. Fuller Co in the upper half of its industry. The industry median Shiller PE Ratio is 22.26. H.B. Fuller Co's value of 16.38 is 26.4% below this benchmark. Historically, H.B. Fuller Co's own Shiller PE Ratio has ranged from 12.23 to 33.18 over the past decade. While the company's 10-year median is 25.53 vs. the industry median of 22.26, H.B. Fuller Co has consistently been below 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 Chemicals company?
The median Shiller PE Ratio among Chemicals companies is 22.26, based on 1,086 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. H.B. Fuller Co's current Shiller PE Ratio of 16.38 is 26.4% below 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 H.B. Fuller Co and its competitors. For the Chemicals industry, the median Shiller PE Ratio is 22.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.B. Fuller Co's current Shiller PE Ratio is 16.38, which is 36% below median its own 10-year median of 25.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.B. Fuller Co stock overvalued right now?
Based on GuruFocus' analysis, H.B. Fuller Co (FUL) is currently considered Modestly Undervalued. The stock's GF Value™ is $67.76, compared to a current price of $51.92 — trading 23.4% below its estimated fair value. The current Shiller PE Ratio is 16.38, which is 36% below median its 10-year median of 25.53 and 26.4% below the Chemicals industry median of 22.26. H.B. Fuller Co's overall GF Score™ is 84/100 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 H.B. Fuller Co (FUL), the current Shiller PE Ratio is 16.38 as of Sep. 09, 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 H.B. Fuller Co (FUL) Overvalued in 2026?

Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued. The current stock price of $51.92 is trading 23.4% below its estimated GF Value™ of $67.76. GuruFocus considers H.B. Fuller Co to be Modestly Undervalued.

Key valuation signals for FUL:

  • Shiller PE Ratio: 16.38 (36% below median its 10-year median of 25.53)
  • GF Value™: $67.76 vs. price of $51.92 (23.4% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 26.4% below the Chemicals median (#409 of 1086)

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


H.B. Fuller Co Business Description

Other Exchanges HB1:Germany
Address 1200 Willow Lake Boulevard, Saint Paul, MN, USA, 55110-5101
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.
84GF Score

Get the complete analysis for FUL

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

$51.92
Price
$67.76
GF Value