Question 1

What is H.B. Fuller's P/E ratio?

Accepted Answer

H.B. Fuller (FUL) P/E ratio is 16.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for H.B. Fuller?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For H.B. Fuller specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is H.B. Fuller's P/E ratio high or low?

Accepted Answer

H.B. Fuller's P/E ratio of 16.7× is below its own 5-year average of 24.7× and below the sector median of 21.4×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is H.B. Fuller's historical P/E ratio range?

Accepted Answer

In the available daily series, H.B. Fuller (FUL) P/E ratio has ranged from a low of 10.5× in 2010 to a high of 275.5× in 2009. The 5-year average is 24.7× and the 5-year median is 24.0×.

Question 7

What was H.B. Fuller's P/E ratio in 2025?

Accepted Answer

H.B. Fuller (FUL) P/E ratio at the end of 2025 was 20.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does H.B. Fuller's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$3.18B	$152M	20.9×	-11.5×	Nov 29, 2025
2024	$4.22B	$130M	32.4×	+3.5×	Nov 30, 2024
2023	$4.19B	$145M	28.9×	+4.9×	Dec 2, 2023
2022	$4.32B	$180M	24.0×	+1.6×	Dec 3, 2022
2021	$3.93B	$175M	22.4×	-0.3×	Nov 27, 2021
2020	$2.81B	$124M	22.7×	+3.2×	Nov 28, 2020
2019	$2.55B	$131M	19.5×	+5.2×	Nov 30, 2019
2018	$2.45B	$171M	14.3×	-33.8×	Dec 1, 2018
2017	$2.8B	$58.2M	48.1×	+29.3×	Dec 2, 2017
2016	$2.33B	$124M	18.8×	-4.4×	Dec 3, 2016
2015	$1.99B	$86.1M	23.2×	-20.3×	Nov 28, 2015
2014	$2.16B	$49.9M	43.4×	+17.0×	Nov 29, 2014
2013	$2.56B	$96.8M	26.4×	+13.4×	Nov 30, 2013
2012	$1.63B	$126M	13.0×	+0.7×	Dec 1, 2012
2011	$1.09B	$89.1M	12.3×	-2.2×	Dec 3, 2011
2010	$1.03B	$70.9M	14.5×	+2.8×	Nov 27, 2010
2009	$976M	$83.7M	11.7×	-33.6×	Nov 28, 2009
2008	$855M	$18.9M	45.3×	+30.7×	Nov 29, 2008
2007	$1.49B	$102M	14.6×	+3.2×	Dec 1, 2007
2006	$1.53B	$134M	11.4×	-3.5×	Dec 2, 2006
2005	$922M	$61.6M	15.0×	-7.7×	Dec 3, 2005
2004	$808M	$35.6M	22.7×	+2.8×	Nov 27, 2004
2003	$767M	$38.6M	19.9×	-9.1×	Nov 29, 2003
2002	$815M	$28.2M	28.9×	—	Nov 30, 2002


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Builders FirstSource (BLDR)	31.0×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
Avient (AVNT)	21.1×
Steel Dynamics (STLD)	20.6×
Agnico Eagle Mines (AEM)	19.0×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for H.B. Fuller (FUL) 2002-2026

P/E Ratio daily chart for H.B. Fuller (FUL)

Historical P/E Ratio for H.B. Fuller (FUL) from 2002 to 2025

About P/E Ratio at H.B. Fuller (FUL)

H.B. Fuller P/E Ratio by Year

H.B. Fuller P/E Ratio 2025: 20.9×

H.B. Fuller P/E Ratio 2024: 32.4×

H.B. Fuller P/E Ratio 2023: 28.9×

H.B. Fuller P/E Ratio 2022: 24.0×

H.B. Fuller P/E Ratio 2021: 22.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

H.B. Fuller (FUL) Key Financials