GFELF (Goodfellow) Cyclically Adjusted Book per Share: $15.19 (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GFELF Goodfellow Inc GFELF
68 GF Score
Price $8.40
GF Value $9.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goodfellow Cyclically Adjusted Book per Share?

Goodfellow GFELF 68 Cyclically Adjusted Book per Share is $15.19 as of May. 2026. GuruFocus rates GFELF with a GF Score™ of 68/100 and a GF Value™ of $9.65 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Goodfellow's adjusted book value per share for the three months ended in May. 2026 was $17.996. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $15.19 for the trailing ten years ended in May. 2026.

During the past 12 months, Goodfellow's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Goodfellow was 7.30% per year. The lowest was 0.60% per year. And the median was 5.40% per year.

As of today (2026-07-20), Goodfellow's current stock price is $8.40. Goodfellow's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $15.19. Goodfellow's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Goodfellow was 0.91. The lowest was 0.24. And the median was 0.62.


Goodfellow  (OTCPK:GFELF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Goodfellow's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.40/15.19
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Goodfellow was 0.91. The lowest was 0.24. And the median was 0.62.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Goodfellow Cyclically Adjusted Book per Share Related Terms


Goodfellow Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Goodfellow's Cyclically Adjusted Book per Share 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.

Goodfellow Cyclically Adjusted Book per Share Chart

Goodfellow Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 12.40 11.37 13.03 13.61

Goodfellow Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted Book per Share 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 13.36 15.46 13.61 13.13 15.19

GFELF vs SSD, UFPI, BCC: Cyclically Adjusted Book per Share Comparison

For the Lumber & Wood Production subindustry, Goodfellow's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Goodfellow Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Goodfellow's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Goodfellow's Cyclically Adjusted PB Ratio falls into.


GFELF
68GF Score
Goodfellow Inc GFELF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodfellow Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Goodfellow's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=17.996/134.0005*134.0005
=17.996

Current CPI (May. 2026) = 134.0005.

Goodfellow Quarterly Data

Book Value per Share CPI Adj_Book
201608 11.271 101.686 14.853
201611 9.686 101.607 12.774
201702 9.442 102.476 12.347
201705 9.050 103.108 11.762
201708 9.919 103.108 12.891
201711 10.071 103.740 13.009
201802 10.086 104.688 12.910
201805 10.033 105.399 12.756
201808 10.077 106.031 12.735
201811 10.047 105.478 12.764
201902 9.830 106.268 12.395
201905 9.778 107.927 12.140
201908 10.135 108.085 12.565
201911 10.005 107.769 12.440
202002 9.486 108.559 11.709
202005 9.305 107.532 11.595
202008 10.418 108.243 12.897
202011 10.829 108.796 13.338
202102 11.261 109.745 13.750
202105 13.138 111.404 15.803
202108 13.574 112.668 16.144
202111 14.956 113.932 17.590
202202 14.942 115.986 17.263
202205 15.909 120.016 17.763
202208 16.795 120.569 18.666
202211 16.218 121.675 17.861
202302 15.841 122.070 17.389
202305 16.346 124.045 17.658
202308 16.938 125.389 18.101
202311 16.696 125.468 17.831
202402 16.578 125.468 17.705
202405 16.835 127.601 17.679
202408 17.366 127.838 18.203
202411 17.448 127.838 18.289
202502 16.721 128.786 17.398
202505 17.488 129.813 18.052
202508 17.928 130.208 18.450
202511 17.703 130.682 18.153
202602 17.879 131.077 18.278
202605 17.996 134.001 17.996

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $15.19 mean?
Goodfellow (GFELF) has a Cyclically Adjusted Book per Share of $15.19 as of May. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Goodfellow and its competitors.
Is Goodfellow's Cyclically Adjusted Book per Share too high?
Goodfellow's current Cyclically Adjusted Book per Share is $15.19. Overall, Goodfellow has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodfellow's Cyclically Adjusted Book per Share compare to SSD and UFPI?
Goodfellow's Cyclically Adjusted Book per Share of $15.19 can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Goodfellow and its competitors. Goodfellow's current Cyclically Adjusted Book per Share is $15.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfellow stock overvalued right now?
Based on GuruFocus' analysis, Goodfellow (GFELF) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.65, compared to a current price of $8.40 — trading 13% below its estimated fair value. The current Cyclically Adjusted Book per Share is $15.19. Goodfellow's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Goodfellow (GFELF), the current Cyclically Adjusted Book per Share is $15.19 as of May. 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 Goodfellow (GFELF) Overvalued in 2026?

Based on GuruFocus' analysis, Goodfellow stock appears to be undervalued. The current stock price of $8.40 is trading 13% below its estimated GF Value™ of $9.65. GuruFocus considers Goodfellow to be Modestly Undervalued.

Key valuation signals for GFELF:

  • Cyclically Adjusted Book per Share: $15.19
  • GF Value™: $9.65 vs. price of $8.40 (13% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Goodfellow Business Description

Other Exchanges GDL:Canada
Address 225 Goodfellow Street, Delson, QC, CAN, J5B 1V5
Goodfellow Inc is engaged in various business activities related to the remanufacturing and distribution of lumber and wood products. The company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring, and Building materials. The majority of the company's revenue is generated from the sale of Lumber. The company operates in Canada and the United States; the majority of its revenue is generated from Canada.
68GF Score

Get the complete analysis for GFELF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.40
Price
$9.65
GF Value