Taiga Building Products (TSX:TBL) Cyclically Adjusted Book per Share: C$2.21 (As of Mar. 2026)


TSX:TBL Taiga Building Products Ltd TSX:TBL
73 GF Score
Price C$3.70
GF Value C$3.28
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taiga Building Products Cyclically Adjusted Book per Share?

Taiga Building Products TSX:TBL 73 Cyclically Adjusted Book per Share is C$2.21 as of Mar. 2026. GuruFocus rates TSX:TBL with a GF Score™ of 73/100 and a GF Value™ of C$3.28 (Modestly Overvalued). 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.

Taiga Building Products's adjusted book value per share for the three months ended in Mar. 2026 was C$2.949. 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 C$2.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Taiga Building Products's average Cyclically Adjusted Book Growth Rate was 24.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 74.70% 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 Taiga Building Products was 74.70% per year. The lowest was -2.00% per year. And the median was 27.60% per year.

As of today (2026-07-06), Taiga Building Products's current stock price is C$3.70. Taiga Building Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.21. Taiga Building Products's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taiga Building Products was 25.50. The lowest was 1.60. And the median was 2.91.


Taiga Building Products  (TSX:TBL) 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.

Taiga Building Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.70/2.21
=1.67

* 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 Taiga Building Products was 25.50. The lowest was 1.60. And the median was 2.91.


Be Aware

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


Taiga Building Products Cyclically Adjusted Book per Share Related Terms


Taiga Building Products Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Taiga Building Products'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.

Taiga Building Products Cyclically Adjusted Book per Share Chart

Taiga Building Products Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 0.39 0.99 1.60 2.08

Taiga Building Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.77 1.88 1.98 2.08 2.21

TSX:TBL vs GWW, FAST, FERG: Cyclically Adjusted Book per Share Comparison

For the Industrial Distribution subindustry, Taiga Building Products'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.


Taiga Building Products Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Taiga Building Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:TBL
73GF Score
Taiga Building Products Ltd TSX:TBL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiga Building Products 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, Taiga Building Products's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.949/132.2623*132.2623
=2.949

Current CPI (Mar. 2026) = 132.2623.

Taiga Building Products Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.678 102.002 -0.879
201609 -0.567 101.765 -0.737
201612 -0.549 101.449 -0.716
201703 -0.551 102.634 -0.710
201706 -0.422 103.029 -0.542
201709 -0.278 103.345 -0.356
201712 0.820 103.345 1.049
201803 0.891 105.004 1.122
201806 0.952 105.557 1.193
201809 0.994 105.636 1.245
201812 1.024 105.399 1.285
201903 1.098 106.979 1.357
201906 1.139 107.690 1.399
201909 1.227 107.611 1.508
201912 1.253 107.769 1.538
202003 1.357 107.927 1.663
202006 1.459 108.401 1.780
202009 1.759 108.164 2.151
202012 1.889 108.559 2.301
202103 1.871 110.298 2.244
202106 2.399 111.720 2.840
202109 2.378 112.905 2.786
202112 2.468 113.774 2.869
202203 2.818 117.646 3.168
202206 3.041 120.806 3.329
202209 3.281 120.648 3.597
202212 3.358 120.964 3.672
202303 3.483 122.702 3.754
202306 3.615 124.203 3.850
202309 3.838 125.230 4.054
202312 3.755 125.072 3.971
202403 3.814 126.258 3.995
202406 3.958 127.522 4.105
202409 4.071 127.285 4.230
202412 4.302 127.364 4.467
202503 4.316 129.181 4.419
202506 2.707 129.892 2.756
202509 2.857 130.287 2.900
202512 2.842 130.366 2.883
202603 2.949 132.262 2.949

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 C$2.21 mean?
Taiga Building Products (TSX:TBL) has a Cyclically Adjusted Book per Share of C$2.21 as of Mar. 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 Taiga Building Products and its competitors.
Is Taiga Building Products' Cyclically Adjusted Book per Share too high?
Taiga Building Products' current Cyclically Adjusted Book per Share is C$2.21. Overall, Taiga Building Products has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiga Building Products' Cyclically Adjusted Book per Share compare to GWW and FAST?
Taiga Building Products' Cyclically Adjusted Book per Share of C$2.21 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Cyclically Adjusted Book per Share depends on the Industrial Distribution 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 Taiga Building Products and its competitors. Taiga Building Products's current Cyclically Adjusted Book per Share is C$2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiga Building Products stock overvalued right now?
Based on GuruFocus' analysis, Taiga Building Products (TSX:TBL) is currently considered Modestly Overvalued. The stock's GF Value™ is C$3.28, compared to a current price of C$3.70 — trading 12.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$2.21. Taiga Building Products' overall GF Score™ is 73/100 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 Taiga Building Products (TSX:TBL), the current Cyclically Adjusted Book per Share is C$2.21 as of Mar. 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 Taiga Building Products (TSX:TBL) Overvalued in 2026?

Based on GuruFocus' analysis, Taiga Building Products stock appears to be overvalued. The current stock price of C$3.70 is trading 12.8% above its estimated GF Value™ of C$3.28. GuruFocus considers Taiga Building Products to be Modestly Overvalued.

Key valuation signals for TSX:TBL:

  • Cyclically Adjusted Book per Share: C$2.21
  • GF Value™: C$3.28 vs. price of C$3.70 (12.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Taiga Building Products Business Description

Other Exchanges TGAFF:USA4T7:Germany
Address 4710 Kingsway, Suite 800, Burnaby, BC, CAN, V5H 4M2
Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. The product range of the company includes composite decking, engineered wood, lumber, mouldings, panels, polyethylene, treated wood, roofing, flooring, and others. The company earns the majority of its revenue from Canada, followed by the United States.
73GF Score

Get the complete analysis for TSX:TBL

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

C$3.70
Price
C$3.28
GF Value