West Fraser Timber Co.Ltd (MEX:WFGN) Cyclically Adjusted PB Ratio: 1.11 (As of Aug. 10, 2026) — 46% Below Median

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MEX:WFGN West Fraser Timber Co.Ltd MEX:WFGN
74 GF Score
Price MXN1,894.00
GF Value MXN1,769.71
! 6 Warning Signs
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What is West Fraser Timber Co.Ltd Cyclically Adjusted PB Ratio?

West Fraser Timber Co.Ltd MEX:WFGN 74 Cyclically Adjusted PB Ratio is 1.11 as of Aug. 10, 2026, which is 46% below its 10-year median of 2.05. GuruFocus rates MEX:WFGN with a GF Score™ of 74/100 and a GF Value™ of MXN1,769.71. The stock has 6 warning signs investors should review. Among 238 Forest Products companies, West Fraser Timber Co.Ltd ranks worse than 68.07% on this metric.

As of today (2026-08-10), West Fraser Timber Co.Ltd's current share price is MXN1894.00. West Fraser Timber Co.Ltd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN1,702.84. West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio for today is 1.11.

The historical rank and industry rank for West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:WFGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.05   Max: 3.7
Current: 1.16

During the past years, West Fraser Timber Co.Ltd's highest Cyclically Adjusted PB Ratio was 3.70. The lowest was 0.83. And the median was 2.05.

MEX:WFGN's Cyclically Adjusted PB Ratio is ranked worse than
68.07% of 238 companies
in the Forest Products industry
Industry Median: 0.76 vs MEX:WFGN: 1.16

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.

West Fraser Timber Co.Ltd's adjusted book value per share data for the three months ended in Jun. 2026 was MXN1,240.309. 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 MXN1,702.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Fraser Timber Co.Ltd  (MEX:WFGN) 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.


West Fraser Timber Co.Ltd Cyclically Adjusted PB Ratio Related Terms


West Fraser Timber Co.Ltd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for West Fraser Timber Co.Ltd'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.

West Fraser Timber Co.Ltd Cyclically Adjusted PB Ratio Chart

West Fraser Timber Co.Ltd 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 3.13 1.97 1.87 1.75 1.04

West Fraser Timber Co.Ltd 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 1.30 1.19 1.04 1.08 1.11

MEX:WFGN vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd'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.


West Fraser Timber Co.Ltd Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio falls into.


MEX:WFGN
74GF Score
West Fraser Timber Co.Ltd MEX:WFGN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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West Fraser Timber Co.Ltd 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.

West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1894.00/1702.84
=1.11

* 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.

West Fraser Timber Co.Ltd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, West Fraser Timber Co.Ltd'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)
=1240.309/133.5265*133.5265
=1,240.309

Current CPI (Jun. 2026) = 133.5265.

West Fraser Timber Co.Ltd Quarterly Data

Book Value per Share CPI Adj_Book
201609 391.289 101.765 513.415
201612 439.779 101.449 578.837
201703 427.190 102.634 555.774
201706 434.732 103.029 563.418
201709 492.345 103.345 636.134
201712 546.203 103.345 705.721
201803 524.158 105.004 666.536
201806 607.650 105.557 768.659
201809 610.985 105.636 772.300
201812 597.956 105.399 757.531
201903 585.490 106.979 730.782
201906 558.589 107.690 692.601
201909 560.616 107.611 695.625
201912 523.256 107.769 648.316
202003 632.983 107.927 783.120
202006 607.845 108.401 748.730
202009 676.704 108.164 835.377
202012 717.721 108.559 882.787
202103 1,111.066 110.298 1,345.059
202106 1,314.313 111.720 1,570.855
202109 1,426.597 112.905 1,687.159
202112 1,482.646 113.774 1,740.051
202203 1,649.248 117.646 1,871.880
202206 1,809.643 120.806 2,000.194
202209 1,864.655 120.648 2,063.698
202212 1,777.751 120.964 1,962.378
202303 1,633.675 122.702 1,777.793
202306 1,521.604 124.203 1,635.822
202309 1,570.611 125.230 1,674.659
202312 1,500.287 125.072 1,601.697
202403 1,471.471 126.258 1,556.186
202406 1,642.234 127.522 1,719.564
202409 1,746.574 127.285 1,832.223
202412 1,813.154 127.364 1,900.888
202503 1,787.182 129.181 1,847.302
202506 1,644.339 129.892 1,690.349
202509 1,548.857 130.287 1,587.367
202512 1,345.023 130.366 1,377.630
202603 1,298.380 132.262 1,310.790
202606 1,240.309 133.527 1,240.309

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 1.11 mean?
West Fraser Timber Co.Ltd (MEX:WFGN) has a Cyclically Adjusted PB Ratio of 1.11 as of Aug. 10, 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 West Fraser Timber Co.Ltd and its competitors. This is 46% below median its historical median of 2.05. Over the past decade, West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.70. According to the industry distribution chart, West Fraser Timber Co.Ltd ranks #162 out of 238 companies in the Forest Products industry, placing it in the top 68.1%.
Is West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio too high?
West Fraser Timber Co.Ltd's current Cyclically Adjusted PB Ratio of 1.11 is 46% below median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.70. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.76. West Fraser Timber Co.Ltd's value of 1.11 is 46.1% above this industry median. Based on the distribution chart, West Fraser Timber Co.Ltd ranks #162 out of 238 companies in the Forest Products industry, which is below the industry midpoint. Overall, West Fraser Timber Co.Ltd has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does West Fraser Timber Co.Ltd's Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, West Fraser Timber Co.Ltd ranks #162 out of 238 companies for Cyclically Adjusted PB Ratio. This places West Fraser Timber Co.Ltd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.76. West Fraser Timber Co.Ltd's value of 1.11 is 46.1% above this benchmark. Historically, West Fraser Timber Co.Ltd's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.70 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 0.76, West Fraser Timber Co.Ltd 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 0.76, based on 238 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. West Fraser Timber Co.Ltd's current Cyclically Adjusted PB Ratio of 1.11 is 46.1% 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 West Fraser Timber Co.Ltd 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. West Fraser Timber Co.Ltd's current Cyclically Adjusted PB Ratio is 1.11, which is 46% below median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Fraser Timber Co.Ltd stock overvalued right now?
West Fraser Timber Co.Ltd (MEX:WFGN) has a current Cyclically Adjusted PB Ratio of 1.11. The stock's GF Value™ is MXN1,769.71, compared to a current price of MXN1,894.00 — trading 7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is 46% below median its 10-year median of 2.05 and 46.1% above the Forest Products industry median of 0.76. West Fraser Timber Co.Ltd's overall GF Score™ is 74/100 with 6 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 West Fraser Timber Co.Ltd (MEX:WFGN), the current Cyclically Adjusted PB Ratio is 1.11 as of Aug. 10, 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 West Fraser Timber Co.Ltd (MEX:WFGN) Overvalued in 2026?

Based on GuruFocus' analysis, West Fraser Timber Co.Ltd stock appears to be overvalued. The current stock price of MXN1,894.00 is trading 7% above its estimated GF Value™ of MXN1,769.71.

Key valuation signals for MEX:WFGN:

  • Cyclically Adjusted PB Ratio: 1.11 (46% below median its 10-year median of 2.05)
  • GF Value™: MXN1,769.71 vs. price of MXN1,894.00 (7% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 46.1% above the Forest Products median (#162 of 238)

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


West Fraser Timber Co.Ltd Business Description

Address 885 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6C 3E8
West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the Southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is one of the largest oriented strand board producers in the world.
74GF Score

Get the complete analysis for MEX:WFGN

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

MXN1,894.00
Price
MXN1,769.71
GF Value