Weyerhaeuser Co (HAM:WHC) Cyclically Adjusted PB Ratio: 1.62 (As of Jul. 17, 2026) — 34% Below Median

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HAM:WHC Weyerhaeuser Co HAM:WHC
72 GF Score
Price €21.50
GF Value €23.56
Valuation Fairly Valued
! 7 Warning Signs
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What is Weyerhaeuser Co Cyclically Adjusted PB Ratio?

Weyerhaeuser Co HAM:WHC +2.53% 72 Cyclically Adjusted PB Ratio is 1.62 as of Jul. 17, 2026, which is 34% below its 10-year median of 2.46. GuruFocus rates HAM:WHC with a GF Score™ of 72/100 and a GF Value™ of €23.56 (Fairly Valued). The stock has 7 warning signs investors should review. Among 559 REITs companies, Weyerhaeuser Co ranks worse than 82.47% on this metric.

As of today (2026-07-17), Weyerhaeuser Co's current share price is €21.50. Weyerhaeuser Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €13.25. Weyerhaeuser Co's Cyclically Adjusted PB Ratio for today is 1.62.

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

HAM:WHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.46   Max: 3.51
Current: 1.6

During the past years, Weyerhaeuser Co's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 1.32. And the median was 2.46.

HAM:WHC's Cyclically Adjusted PB Ratio is ranked worse than
82.47% of 559 companies
in the REITs industry
Industry Median: 0.83 vs HAM:WHC: 1.60

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.

Weyerhaeuser Co's adjusted book value per share data for the three months ended in Mar. 2026 was €11.324. 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 €13.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weyerhaeuser Co  (HAM:WHC) 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.


Weyerhaeuser Co Cyclically Adjusted PB Ratio Related Terms


Weyerhaeuser Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Weyerhaeuser Co'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.

Weyerhaeuser Co Cyclically Adjusted PB Ratio Chart

Weyerhaeuser Co 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 3.27 2.24 2.41 1.92 1.57

Weyerhaeuser Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.97 1.71 1.64 1.57 1.60

HAM:WHC vs SBAC, LAMR, GLPI: Cyclically Adjusted PB Ratio Comparison

For the REIT - Specialty subindustry, Weyerhaeuser Co'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.


Weyerhaeuser Co Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Weyerhaeuser Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:WHC
72GF Score
Weyerhaeuser Co HAM:WHC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Weyerhaeuser Co 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.

Weyerhaeuser Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.50/13.25
=1.62

* 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.

Weyerhaeuser Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Weyerhaeuser Co'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)
=11.324/330.2130*330.2130
=11.324

Current CPI (Mar. 2026) = 330.2130.

Weyerhaeuser Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.433 241.018 15.664
201609 10.948 241.428 14.974
201612 11.626 241.432 15.901
201703 11.466 243.801 15.530
201706 10.748 244.955 14.489
201709 10.077 246.819 13.482
201712 9.957 246.524 13.337
201803 9.636 249.554 12.750
201806 10.486 251.989 13.741
201809 10.360 252.439 13.552
201812 10.653 251.233 14.002
201903 10.458 254.202 13.585
201906 10.365 256.143 13.362
201909 10.479 256.759 13.477
201912 9.874 256.974 12.688
202003 8.670 258.115 11.092
202006 9.760 257.797 12.502
202009 9.699 260.280 12.305
202012 9.603 260.474 12.174
202103 10.465 264.877 13.046
202106 11.513 271.696 13.993
202109 11.767 274.310 14.165
202112 12.751 278.802 15.102
202203 12.469 287.504 14.321
202206 13.795 296.311 15.373
202209 14.842 296.808 16.512
202212 13.847 296.797 15.406
202303 12.848 301.836 14.056
202306 12.807 305.109 13.861
202309 13.126 307.789 14.082
202312 12.862 306.746 13.846
202403 12.686 312.332 13.412
202406 12.827 314.175 13.482
202409 12.307 315.301 12.889
202412 12.790 315.605 13.382
202503 12.294 319.799 12.694
202506 11.439 322.561 11.710
202509 11.155 324.800 11.341
202512 11.172 324.054 11.384
202603 11.324 330.213 11.324

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 1.62 mean?
Weyerhaeuser Co (HAM:WHC) has a Cyclically Adjusted PB Ratio of 1.62 as of Jul. 17, 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 Weyerhaeuser Co and its competitors. This is 34% below median its historical median of 2.46. Over the past decade, Weyerhaeuser Co's Cyclically Adjusted PB Ratio has ranged from 1.32 to 3.51. According to the industry distribution chart, Weyerhaeuser Co ranks #461 out of 559 companies in the REITs industry, placing it in the top 82.5%.
Is Weyerhaeuser Co's Cyclically Adjusted PB Ratio too high?
Weyerhaeuser Co's current Cyclically Adjusted PB Ratio of 1.62 is 34% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 3.51. The REITs industry median Cyclically Adjusted PB Ratio is 0.83. Weyerhaeuser Co's value of 1.62 is 95.2% above this industry median. Based on the distribution chart, Weyerhaeuser Co ranks #461 out of 559 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Weyerhaeuser Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weyerhaeuser Co's Cyclically Adjusted PB Ratio compare to SBAC and LAMR?
According to the REITs industry distribution chart, Weyerhaeuser Co ranks #461 out of 559 companies for Cyclically Adjusted PB Ratio. This places Weyerhaeuser Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.83. Weyerhaeuser Co's value of 1.62 is 95.2% above this benchmark. Historically, Weyerhaeuser Co's own Cyclically Adjusted PB Ratio has ranged from 1.32 to 3.51 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 0.83, Weyerhaeuser Co 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.83, based on 559 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. Weyerhaeuser Co's current Cyclically Adjusted PB Ratio of 1.62 is 95.2% 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 Weyerhaeuser Co and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Weyerhaeuser Co's current Cyclically Adjusted PB Ratio is 1.62, which is 34% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weyerhaeuser Co stock overvalued right now?
Based on GuruFocus' analysis, Weyerhaeuser Co (HAM:WHC) is currently considered Fairly Valued. The stock's GF Value™ is €23.56, compared to a current price of €21.50 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.62, which is 34% below median its 10-year median of 2.46 and 95.2% above the REITs industry median of 0.83. Weyerhaeuser Co's overall GF Score™ is 72/100 with 7 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 Weyerhaeuser Co (HAM:WHC), the current Cyclically Adjusted PB Ratio is 1.62 as of Jul. 17, 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 Weyerhaeuser Co (HAM:WHC) Overvalued in 2026?

Based on GuruFocus' analysis, Weyerhaeuser Co stock appears to be undervalued. The current stock price of €21.50 is trading 8.7% below its estimated GF Value™ of €23.56. GuruFocus considers Weyerhaeuser Co to be Fairly Valued.

Key valuation signals for HAM:WHC:

  • Cyclically Adjusted PB Ratio: 1.62 (34% below median its 10-year median of 2.46)
  • GF Value™: €23.56 vs. price of €21.50 (8.7% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 95.2% above the REITs median (#461 of 559)

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


Weyerhaeuser Co Business Description

Industry Real EstateREITs
Other Exchanges WY:USA0LWG:UKWHC:Germany
Address 220 Occidental Avenue South, Seattle, WA, USA, 98104-7800
Weyerhaeuser Co ranks among the world's key forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016.
72GF Score

Get the complete analysis for HAM:WHC

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

€21.50
Price
€23.56
GF Value