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Goodfellow (Goodfellow) Cyclically Adjusted Book per Share : $10.19 (As of Feb. 2024)


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What is Goodfellow Cyclically Adjusted Book per Share?

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 Feb. 2024 was $16.578. 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 $10.19 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Goodfellow's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 7.40% per year. The lowest was 0.60% per year. And the median was 5.00% per year.

As of today (2024-05-19), Goodfellow's current stock price is $8.9789. Goodfellow's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $10.19. Goodfellow's Cyclically Adjusted PB Ratio of today is 0.88.

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 0.67.


Goodfellow Cyclically Adjusted Book per Share Historical Data

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.

* Premium members only.

Goodfellow Cyclically Adjusted Book per Share Chart

Goodfellow Annual Data
Trend Aug13 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.54 18.25 13.47 12.40 11.37

Goodfellow Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9.86 12.46 10.47 11.37 10.19

Competitive Comparison of Goodfellow's Cyclically Adjusted Book per Share

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=16.578/125.4675*125.4675
=16.578

Current CPI (Feb. 2024) = 125.4675.

Goodfellow Quarterly Data

Book Value per Share CPI Adj_Book
201311 13.072 97.182 16.877
201402 12.371 98.051 15.830
201405 12.777 99.394 16.129
201502 11.204 99.078 14.188
201505 11.815 100.263 14.785
201508 11.162 100.579 13.924
201511 11.340 100.421 14.168
201602 10.838 100.421 13.541
201605 11.741 101.765 14.476
201608 11.271 101.686 13.907
201611 9.686 101.607 11.961
201702 9.442 102.476 11.560
201705 9.051 103.108 11.014
201708 9.919 103.108 12.070
201711 10.072 103.740 12.182
201802 10.086 104.688 12.088
201805 10.034 105.399 11.945
201808 10.078 106.031 11.925
201811 10.048 105.478 11.952
201902 9.831 106.268 11.607
201905 9.779 107.927 11.368
201908 10.136 108.085 11.766
201911 10.006 107.769 11.649
202002 9.487 108.559 10.965
202005 9.305 107.532 10.857
202008 10.419 108.243 12.077
202011 10.830 108.796 12.490
202102 11.262 109.745 12.875
202105 13.138 111.404 14.797
202108 13.575 112.668 15.117
202111 14.957 113.932 16.471
202202 14.943 115.986 16.165
202205 15.910 120.016 16.633
202208 16.795 120.569 17.477
202211 16.218 121.675 16.724
202302 15.840 122.070 16.281
202305 16.347 124.045 16.534
202308 16.937 125.389 16.948
202311 16.695 125.468 16.695
202402 16.578 125.468 16.578

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


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
=8.9789/10.19
=0.88

* 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 0.67.


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

Thank you for viewing the detailed overview of Goodfellow's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Goodfellow (Goodfellow) Business Description

Industry
Traded in Other Exchanges
Address
225 Goodfellow Street, Delson, QC, CAN, J5B 1V5
Goodfellow Inc is engaged in various business activities related to 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. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.

Goodfellow (Goodfellow) Headlines

From GuruFocus

Goodfellow Reports Its Results for the Second Quarter Ended May 31, 2021

By GlobeNewswire GlobeNewswire 07-08-2021

Goodfellow Inc. Announces Director Resignation

By GlobeNewswire GlobeNewswire 01-16-2023

Goodfellow Inc. Declares Dividend

By GlobeNewswire GlobeNewswire 10-21-2021

Goodfellow Inc. Renews its Normal Course Issuer Bid

By GlobeNewswire 11-15-2023

Goodfellow Reports Its Results of Annual Meeting of Shareholders

By GlobeNewswire GlobeNewswire 06-07-2022

UPDATE - Goodfellow Collaborates With Sherwin Williams

By GlobeNewswire GlobeNewswire 10-26-2018