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Fuel Tech (Fuel Tech) Cyclically Adjusted PS Ratio : 0.55 (As of May. 26, 2024)


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What is Fuel Tech Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Fuel Tech's current share price is $1.18. Fuel Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.16. Fuel Tech's Cyclically Adjusted PS Ratio for today is 0.55.

The historical rank and industry rank for Fuel Tech's Cyclically Adjusted PS Ratio or its related term are showing as below:

FTEK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.46   Max: 2.53
Current: 0.55

During the past years, Fuel Tech's highest Cyclically Adjusted PS Ratio was 2.53. The lowest was 0.12. And the median was 0.46.

FTEK's Cyclically Adjusted PS Ratio is ranked better than
79.03% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs FTEK: 0.55

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Fuel Tech's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.161. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $2.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuel Tech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fuel Tech's Cyclically Adjusted PS 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.

* Premium members only.

Fuel Tech Cyclically Adjusted PS Ratio Chart

Fuel Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 1.25 0.48 0.48 0.47

Fuel Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.49 0.53 0.50 0.47 0.56

Competitive Comparison of Fuel Tech's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Fuel Tech's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Fuel Tech's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuel Tech's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fuel Tech's Cyclically Adjusted PS Ratio falls into.



Fuel Tech Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Fuel Tech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.18/2.16
=0.55

* 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.

Fuel Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fuel Tech's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.161/131.7762*131.7762
=0.161

Current CPI (Mar. 2024) = 131.7762.

Fuel Tech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.885 100.560 1.160
201409 0.925 100.428 1.214
201412 0.818 99.070 1.088
201503 0.659 99.621 0.872
201506 0.807 100.684 1.056
201509 0.936 100.392 1.229
201512 0.786 99.792 1.038
201603 0.769 100.470 1.009
201606 0.649 101.688 0.841
201609 0.537 101.861 0.695
201612 0.408 101.863 0.528
201703 0.362 102.862 0.464
201706 0.410 103.349 0.523
201709 0.561 104.136 0.710
201712 0.555 104.011 0.703
201803 0.530 105.290 0.663
201806 0.490 106.317 0.607
201809 0.654 106.507 0.809
201812 0.655 105.998 0.814
201903 0.420 107.251 0.516
201906 0.370 108.070 0.451
201909 0.267 108.329 0.325
201912 0.202 108.420 0.246
202003 0.154 108.902 0.186
202006 0.178 108.767 0.216
202009 0.325 109.815 0.390
202012 0.251 109.897 0.301
202103 0.181 111.754 0.213
202106 0.172 114.631 0.198
202109 0.249 115.734 0.284
202112 0.213 117.630 0.239
202203 0.183 121.301 0.199
202206 0.210 125.017 0.221
202209 0.264 125.227 0.278
202212 0.232 125.222 0.244
202303 0.241 127.348 0.249
202306 0.180 128.729 0.184
202309 0.261 129.860 0.265
202312 0.209 129.419 0.213
202403 0.161 131.776 0.161

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Fuel Tech  (NAS:FTEK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Fuel Tech Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Fuel Tech's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fuel Tech (Fuel Tech) Business Description

Traded in Other Exchanges
Address
27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
Executives
Vincent J Arnone officer: Executive Vice President
Bettye J Bailey 10 percent owner C/O WHITMAN BREED ABBOTT & MORGAN LLC, 9 GREENWICH OFFICE PARK, GREENWICH CT 06831
Ellen T Albrecht officer: Acting PFO and Treasurer C/O FUEL TECH, 695 E MAIN STREET, STAMFORD CT 06901
Dennis L Zeitler director P.O. BOX 426, PITTSBURGH PA 15230
James J Markowsky director 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
Douglas G Bailey director, officer: President, CEO & Chairman
Cummings William E Jr officer: Senior Vice President, Sales C/O FUEL TECH, 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
James M Pach officer: Acting PFO & Treasurer 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
Sharon L Jones director 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
David S Collins officer: Sr. Vice President C/O FUEL TECH, 27601 BELLA VISTA PARKWAY, WARRENVILLE IL 60555
W Grant Gregory director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Delbert L Williamson director C/O FUEL TECH, 695 E MAIN STREET, STAMFORD CT 06901
Miguel Espinosa director
George F Maccormack director PEPCO HOLDINGS, INC., 701 NINTH STREET, NW, SUITE 1300, WASHINGTON DC 20068
Thomas S Shaw director C/O CONECTIV, 800 KING ST PO BOX 231, WILMINGTON DE 19899