Wall Financial (TSX:WFC) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

TSX:WFC Wall Financial Corp TSX:WFC
70 GF Score
Price C$20.80
GF Value C$18.21
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Wall Financial Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wall Financial  (TSX:WFC) 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.


Wall Financial Cyclically Adjusted PB Ratio Related Terms


Wall Financial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wall Financial'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.

Wall Financial Cyclically Adjusted PB Ratio Chart

Wall Financial Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 2.23 3.63 1.76 2.05

Wall Financial Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 2.07 2.02 2.03 2.00 2.32

TSX:WFC vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Wall Financial'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.


Wall Financial Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wall Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:WFC
70GF Score
Wall Financial Corp TSX:WFC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wall Financial 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.

Wall Financial's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Wall Financial's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=7.882/134.2375*134.2375
=7.882

Current CPI (Jul. 2026) = 134.2375.

Wall Financial Quarterly Data

Book Value per Share CPI Adj_Book
201610 4.581 102.002 6.029
201701 4.403 102.318 5.777
201704 6.035 103.029 7.863
201707 5.482 103.029 7.143
201710 5.615 103.424 7.288
201801 5.804 104.056 7.487
201804 5.883 105.320 7.498
201807 6.035 106.110 7.635
201810 5.121 105.952 6.488
201901 6.570 105.557 8.355
201904 8.485 107.453 10.600
201907 7.444 108.243 9.232
201910 7.786 107.927 9.684
202001 7.877 108.085 9.783
202004 7.738 107.216 9.688
202007 7.679 108.401 9.509
202010 7.607 108.638 9.399
202101 8.208 109.192 10.091
202104 8.125 110.851 9.839
202107 8.116 112.431 9.690
202110 8.039 113.695 9.491
202201 7.625 114.801 8.916
202204 8.204 118.357 9.305
202207 8.529 120.964 9.465
202210 8.763 121.517 9.680
202301 8.875 121.596 9.798
202304 5.867 123.571 6.373
202307 6.167 124.914 6.627
202310 6.439 125.310 6.898
202401 6.439 125.072 6.911
202404 6.524 126.890 6.902
202407 6.851 128.075 7.181
202410 7.118 127.838 7.474
202501 5.744 127.443 6.050
202504 7.410 129.102 7.705
202507 7.809 130.290 8.046
202510 8.162 130.603 8.389
202601 6.757 130.366 6.958
202604 5.873 132.736 5.939
202607 7.882 134.238 7.882

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.

Is Wall Financial (TSX:WFC) Overvalued in 2026?

Based on GuruFocus' analysis, Wall Financial stock appears to be overvalued. The current stock price of C$20.80 is trading 14.2% above its estimated GF Value™ of C$18.21. GuruFocus considers Wall Financial to be Modestly Overvalued.

Key valuation signals for TSX:WFC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$18.21 vs. price of C$20.80 (14.2% above fair value)
  • GF Score™: 70/100 with 12 warning signs

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


Wall Financial Business Description

Other Exchanges WFICF:USA
Address 1088 Burrard Street, 5th Floor, Office Of The President, Vancouver, BC, CAN, V6Z 2R9
Wall Financial Corp operates predominantly in the Greater Vancouver area of British Columbia in the development and management of residential rental units, development and construction of residential housing for re-sale, and the development and management of hotel properties. The company operates in three different segments of the real estate industry: ownership and management of revenue-producing residential and commercial properties (Rental), ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development). It derives the majority of the revenue from Rental segment.
70GF Score

Get the complete analysis for TSX:WFC

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

C$20.80
Price
C$18.21
GF Value