Stella-Jones (FRA:97S) Cyclically Adjusted PB Ratio: 2.25 (As of Sep. 16, 2026) — 35% Below Median

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FRA:97S Stella-Jones Inc FRA:97S
85 GF Score
Price €41.60
GF Value €52.28
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Stella-Jones Cyclically Adjusted PB Ratio?

Stella-Jones FRA:97S +1.46% 85 Cyclically Adjusted PB Ratio is 2.25 as of Sep. 16, 2026, which is 35% below its 10-year median of 3.44. GuruFocus rates FRA:97S with a GF Score™ of 85/100 and a GF Value™ of €52.28 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 206 Forest Products companies, Stella-Jones ranks worse than 87.86% on this metric.

As of today (2026-09-16), Stella-Jones's current share price is €41.60. Stella-Jones's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €18.51. Stella-Jones's Cyclically Adjusted PB Ratio for today is 2.25.

The historical rank and industry rank for Stella-Jones's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:97S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 3.44   Max: 7.13
Current: 2.42

During the past years, Stella-Jones's highest Cyclically Adjusted PB Ratio was 7.13. The lowest was 1.86. And the median was 3.44.

FRA:97S's Cyclically Adjusted PB Ratio is ranked worse than
87.86% of 206 companies
in the Forest Products industry
Industry Median: 0.74 vs FRA:97S: 2.42

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.

Stella-Jones's adjusted book value per share data for the three months ended in Jun. 2026 was €24.663. 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 €18.51 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stella-Jones  (FRA:97S) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Stella-Jones Cyclically Adjusted PB Ratio Related Terms


Stella-Jones Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stella-Jones's Cyclically Adjusted PB 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.

Stella-Jones Cyclically Adjusted PB Ratio Chart

Stella-Jones Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.56 3.48 2.81 2.91

Stella-Jones Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 2.89 2.69 2.98 3.19 2.59

FRA:97S vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Stella-Jones'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.


Stella-Jones Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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


FRA:97S
85GF Score
Stella-Jones Inc FRA:97S
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stella-Jones Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Stella-Jones's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.60/18.506
=2.25

* 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.

Stella-Jones's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Stella-Jones's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=24.663/133.5265*133.5265
=24.663

Current CPI (Jun. 2026) = 133.5265.

Stella-Jones Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.671 101.765 12.689
201612 10.471 101.449 13.782
201703 10.484 102.634 13.640
201706 10.298 103.029 13.346
201709 10.382 103.345 13.414
201712 10.693 103.345 13.816
201803 10.508 105.004 13.362
201806 11.399 105.557 14.419
201809 11.891 105.636 15.031
201812 11.849 105.399 15.011
201903 12.312 106.979 15.367
201906 12.613 107.690 15.639
201909 13.390 107.611 16.615
201912 13.115 107.769 16.250
202003 13.133 107.927 16.248
202006 13.580 108.401 16.728
202009 13.657 108.164 16.859
202012 13.308 108.559 16.369
202103 14.193 110.298 17.182
202106 15.124 111.720 18.076
202109 15.537 112.905 18.375
202112 15.807 113.774 18.551
202203 16.515 117.646 18.744
202206 18.264 120.806 20.187
202209 19.658 120.648 21.756
202212 18.214 120.964 20.106
202303 18.225 122.702 19.833
202306 19.100 124.203 20.534
202309 20.513 125.230 21.872
202312 19.944 125.072 21.292
202403 20.864 126.258 22.065
202406 21.995 127.522 23.031
202409 21.610 127.285 22.670
202412 23.347 127.364 24.477
202503 23.104 129.181 23.881
202506 22.341 129.892 22.966
202509 22.950 130.287 23.521
202512 23.156 130.366 23.717
202603 23.928 132.262 24.157
202606 24.663 133.527 24.663

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

What does a Cyclically Adjusted PB Ratio of 2.25 mean?
Stella-Jones (FRA:97S) has a Cyclically Adjusted PB Ratio of 2.25 as of Sep. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Stella-Jones and its competitors. This is 35% below median its historical median of 3.44. Over the past decade, Stella-Jones' Cyclically Adjusted PB Ratio has ranged from 1.86 to 7.13. According to the industry distribution chart, Stella-Jones ranks #181 out of 206 companies in the Forest Products industry, placing it in the top 87.9%.
Is Stella-Jones' Cyclically Adjusted PB Ratio too high?
Stella-Jones' current Cyclically Adjusted PB Ratio of 2.25 is 35% below median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 7.13. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. Stella-Jones' value of 2.25 is 204.1% above this industry median. Based on the distribution chart, Stella-Jones ranks #181 out of 206 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Stella-Jones has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stella-Jones' Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Stella-Jones ranks #181 out of 206 companies for Cyclically Adjusted PB Ratio. This places Stella-Jones in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. Stella-Jones' value of 2.25 is 204.1% above this benchmark. Historically, Stella-Jones' own Cyclically Adjusted PB Ratio has ranged from 1.86 to 7.13 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 0.74, Stella-Jones has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 206 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stella-Jones's current Cyclically Adjusted PB Ratio of 2.25 is 204.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Stella-Jones and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stella-Jones's current Cyclically Adjusted PB Ratio is 2.25, which is 35% below median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stella-Jones stock overvalued right now?
Based on GuruFocus' analysis, Stella-Jones (FRA:97S) is currently considered Modestly Undervalued. The stock's GF Value™ is €52.28, compared to a current price of €41.60 — trading 20.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.25, which is 35% below median its 10-year median of 3.44 and 204.1% above the Forest Products industry median of 0.74. Stella-Jones' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Stella-Jones (FRA:97S), the current Cyclically Adjusted PB Ratio is 2.25 as of Sep. 16, 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 Stella-Jones (FRA:97S) Overvalued in 2026?

Based on GuruFocus' analysis, Stella-Jones stock appears to be undervalued. The current stock price of €41.60 is trading 20.4% below its estimated GF Value™ of €52.28. GuruFocus considers Stella-Jones to be Modestly Undervalued.

Key valuation signals for FRA:97S:

  • Cyclically Adjusted PB Ratio: 2.25 (35% below median its 10-year median of 3.44)
  • GF Value™: €52.28 vs. price of €41.60 (20.4% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 204.1% above the Forest Products median (#181 of 206)

No single metric tells the full story. See the FRA:97S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stella-Jones Business Description

Address 3100 de la Cote-Vertu Boulevard, Suite 300, Saint-Laurent, QC, CAN, H4R 2J8
Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and the Logs & Lumber segment comprises the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment. Its geographical segments are the United States and Canada, and the majority of its revenue is derived from the United States.
85GF Score

Get the complete analysis for FRA:97S

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

€41.60
Price
€52.28
GF Value