GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Corp (OTCPK:CFPZF) » Definitions » Shiller PE Ratio
中文

Canfor (Canfor) Shiller PE Ratio : 4.83 (As of Apr. 25, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Canfor Shiller PE Ratio?

As of today (2024-04-25), Canfor's current share price is $10.39. Canfor's E10 for the quarter that ended in Dec. 2023 was $2.15. Canfor's Shiller PE Ratio for today is 4.83.

The historical rank and industry rank for Canfor's Shiller PE Ratio or its related term are showing as below:

CFPZF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.77   Med: 21.93   Max: 791.67
Current: 4.97

During the past years, Canfor's highest Shiller PE Ratio was 791.67. The lowest was 4.77. And the median was 21.93.

CFPZF's Shiller PE Ratio is ranked better than
92.02% of 188 companies
in the Forest Products industry
Industry Median: 12.625 vs CFPZF: 4.97

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.

Canfor's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.723. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canfor Shiller PE Ratio Historical Data

The historical data trend for Canfor'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.

* Premium members only.

Canfor Shiller PE Ratio Chart

Canfor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 18.80 13.22 6.65 6.27

Canfor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.65 7.05 7.97 5.69 6.27

Competitive Comparison of Canfor's Shiller PE Ratio

For the Lumber & Wood Production subindustry, Canfor'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.


Canfor's Shiller PE Ratio Distribution in the Forest Products Industry

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

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



Canfor 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.

Canfor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.39/2.15
=4.83

* 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.

Canfor's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Canfor's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.723/125.4675*125.4675
=-0.723

Current CPI (Dec. 2023) = 125.4675.

Canfor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.297 98.604 0.378
201406 0.360 99.473 0.454
201409 0.309 99.394 0.390
201412 0.199 98.367 0.254
201503 0.174 99.789 0.219
201506 0.065 100.500 0.081
201509 -0.098 100.421 -0.122
201512 0.007 99.947 0.009
201603 0.151 101.054 0.187
201606 0.209 102.002 0.257
201609 0.290 101.765 0.358
201612 0.217 101.449 0.268
201703 0.373 102.634 0.456
201706 0.459 103.029 0.559
201709 0.415 103.345 0.504
201712 0.791 103.345 0.960
201803 0.673 105.004 0.804
201806 1.006 105.557 1.196
201809 0.752 105.636 0.893
201812 -0.290 105.399 -0.345
201903 -0.516 106.979 -0.605
201906 -0.286 107.690 -0.333
201909 -0.536 107.611 -0.625
201912 -0.235 107.769 -0.274
202003 -0.401 107.927 -0.466
202006 0.354 108.401 0.410
202009 1.315 108.164 1.525
202012 2.092 108.559 2.418
202103 2.721 110.298 3.095
202106 4.755 111.720 5.340
202109 1.326 112.905 1.474
202112 -0.133 113.774 -0.147
202203 3.389 117.646 3.614
202206 2.359 120.806 2.450
202209 0.532 120.648 0.553
202212 -1.222 120.964 -1.267
202303 -0.855 122.702 -0.874
202306 -0.271 124.203 -0.274
202309 -0.140 125.230 -0.140
202312 -0.723 125.468 -0.723

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.


Canfor  (OTCPK:CFPZF) 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.


Canfor Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Canfor's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Canfor (Canfor) Business Description

Traded in Other Exchanges
Address
100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2
Canfor is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations and the pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.

Canfor (Canfor) Headlines

From GuruFocus

Canfor Stock Is Estimated To Be Significantly Overvalued

By GF Value GF Value 06-06-2021

Canfor Closes VIDA Group of Sweden Acquisition

By PRNewswire PRNewswire 02-28-2019

5 Undervalued Canadian Stocks for Intelligent Investors

By Benjamin Clark Benjamin Clark 02-23-2017