The first, you create a new document (width=215, height=415), background's color is white.
Open this texture:
Move that texture to your document like this:
Continue to open this image.
Move it to your document like this:
Continue to open this superman picture (transparent background).
And then move to your work as shown below:
Duplicate layer superman then select Layer 3 as shown below:
Pick Smudge tool 
set options like this:
Drag some smudges following arrows.
You will get:
Change blend mode to Overlay.
You will get:
Select Layer 3 copy, press Ctrl+J to duplicate this layer, you will have Layer 3 copy 2 as shown below:
Go to Filter -> Brush strokes -> Spatter. A window will appear, you click on Ok.
You will get:
Erase the effects over the body of superman, (exclude parts contact with fire as shown below).
Create a new layer, use night sky brush (you can download it at Deviantart.com) to decorate your work.
Create a new layer, fill it with color black. Go to Filter -> Render -> Lens flare to make a spot light like this:
Change blend mode to Screen.
You will get:
Move spot light to the hand.
Click on this icon:
Choose Color Balance and set options like this:
Continue to open Color Balance and set options:
Press Ctrl+Shift +E to merge all layers.
Duplicate this layer.
Go to Filter -> Pixelate -> Mosaic. Put cell size=20.
You will get:
Continue to go to Filter -> Sharpen -> Sharpen then click on Ok.
Press Ctrl+F twice.
Change blend mode to Overlay.
Use Eraser tool to remove parts over the body.
It should now look like this:
Add some texts.
Go to blending option of text layer, set Gradient and Stroke properties to get a result like this:
Finally, click on this icon.
And choose Color Balance, set options like this.
You can put your artwork on a background that you like.
Here is my final result:
