GFELF (Goodfellow) Cyclically Adjusted PB Ratio: 0.55 (As of Jul. 18, 2026) — 11% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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 $9.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goodfellow Cyclically Adjusted PB Ratio?

Goodfellow GFELF 68 Cyclically Adjusted PB Ratio is 0.55 as of Jul. 18, 2026, which is 11% below its 10-year median of 0.62. GuruFocus rates GFELF with a GF Score™ of 68/100 and a GF Value™ of $9.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 244 Forest Products companies, Goodfellow ranks better than 61.07% on this metric.

As of today (2026-07-18), Goodfellow's current share 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 for today is 0.55.

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

GFELF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.62   Max: 0.91
Current: 0.55

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

GFELF's Cyclically Adjusted PB Ratio is ranked better than
61.07% of 244 companies
in the Forest Products industry
Industry Median: 0.76 vs GFELF: 0.55

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goodfellow  (OTCPK:GFELF) 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.


Goodfellow Cyclically Adjusted PB Ratio Related Terms


Goodfellow Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goodfellow'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.

Goodfellow Cyclically Adjusted PB Ratio Chart

Goodfellow Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.72 0.79 0.75 0.60

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 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 0.68 0.59 0.60 0.63 0.57

GFELF vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio 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 PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodfellow 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.

Goodfellow's Cyclically Adjusted PB Ratio for 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.

Goodfellow's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

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.

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 0.55 mean?
Goodfellow (GFELF) has a Cyclically Adjusted PB Ratio of 0.55 as of Jul. 18, 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 Goodfellow and its competitors. This is 11% below median its historical median of 0.62. Over the past decade, Goodfellow's Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.91. According to the industry distribution chart, Goodfellow ranks #95 out of 244 companies in the Forest Products industry, placing it in the top 38.9%.
Is Goodfellow's Cyclically Adjusted PB Ratio too high?
Goodfellow's current Cyclically Adjusted PB Ratio of 0.55 is 11% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.91. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.76. Goodfellow's value of 0.55 is 27.6% below this industry median. Based on the distribution chart, Goodfellow ranks #95 out of 244 companies in the Forest Products industry, which is above the industry midpoint. 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 PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Goodfellow ranks #95 out of 244 companies for Cyclically Adjusted PB Ratio. This puts Goodfellow in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.76. Goodfellow's value of 0.55 is 27.6% below this benchmark. Historically, Goodfellow's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.91 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.76, Goodfellow has consistently been below 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 0.76, based on 244 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. Goodfellow's current Cyclically Adjusted PB Ratio of 0.55 is 27.6% below 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 Goodfellow and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfellow's current Cyclically Adjusted PB Ratio is 0.55, which is 11% below median its own 10-year median of 0.62. 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 $9.64, compared to a current price of $8.40 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 11% below median its 10-year median of 0.62 and 27.6% below the Forest Products industry median of 0.76. 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Goodfellow (GFELF), the current Cyclically Adjusted PB Ratio is 0.55 as of Jul. 18, 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 12.9% below its estimated GF Value™ of $9.64. GuruFocus considers Goodfellow to be Modestly Undervalued.

Key valuation signals for GFELF:

  • Cyclically Adjusted PB Ratio: 0.55 (11% below median its 10-year median of 0.62)
  • GF Value™: $9.64 vs. price of $8.40 (12.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 27.6% below the Forest Products median (#95 of 244)

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

$8.40
Price
$9.64
GF Value