WestBond Enterprises (TSXV:WBE) Cyclically Adjusted PB Ratio: 0.93 (As of Aug. 19, 2026) — 12% Above Median

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TSXV:WBE WestBond Enterprises Corp TSXV:WBE
57 GF Score
Price C$0.21
GF Value C$0.19
Valuation Fairly Valued
! 4 Warning Signs
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What is WestBond Enterprises Cyclically Adjusted PB Ratio?

WestBond Enterprises TSXV:WBE 57 Cyclically Adjusted PB Ratio is 0.93 as of Aug. 19, 2026, which is 12% above its 10-year median of 0.83. GuruFocus rates TSXV:WBE with a GF Score™ of 57/100 and a GF Value™ of C$0.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 232 Forest Products companies, WestBond Enterprises ranks worse than 59.05% on this metric.

As of today (2026-08-19), WestBond Enterprises's current share price is C$0.205. WestBond Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.22. WestBond Enterprises's Cyclically Adjusted PB Ratio for today is 0.93.

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

TSXV:WBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.83   Max: 5.95
Current: 0.93

During the past years, WestBond Enterprises's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 0.35. And the median was 0.83.

TSXV:WBE's Cyclically Adjusted PB Ratio is ranked worse than
59.05% of 232 companies
in the Forest Products industry
Industry Median: 0.74 vs TSXV:WBE: 0.93

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.

WestBond Enterprises's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.231. 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 C$0.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WestBond Enterprises  (TSXV:WBE) 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.


WestBond Enterprises Cyclically Adjusted PB Ratio Related Terms


WestBond Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WestBond Enterprises'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.

WestBond Enterprises Cyclically Adjusted PB Ratio Chart

WestBond Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 1.16 0.62 0.62 0.96

WestBond Enterprises 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 0.62 0.66 0.77 0.86 0.96

TSXV:WBE vs SLVM: Cyclically Adjusted PB Ratio Comparison

For the Paper & Paper Products subindustry, WestBond Enterprises'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.


WestBond Enterprises Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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


TSXV:WBE
57GF Score
WestBond Enterprises Corp TSXV:WBE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WestBond Enterprises 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.

WestBond Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.205/0.22
=0.93

* 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.

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

For example, WestBond Enterprises'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)
=0.231/132.2623*132.2623
=0.231

Current CPI (Mar. 2026) = 132.2623.

WestBond Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.140 102.002 0.182
201609 0.143 101.765 0.186
201612 0.145 101.449 0.189
201703 0.145 102.634 0.187
201706 0.146 103.029 0.187
201709 0.149 103.345 0.191
201712 0.152 103.345 0.195
201803 0.154 105.004 0.194
201806 0.159 105.557 0.199
201809 0.157 105.636 0.197
201812 0.157 105.399 0.197
201903 0.162 106.979 0.200
201906 0.164 107.690 0.201
201909 0.166 107.611 0.204
201912 0.163 107.769 0.200
202003 0.166 107.927 0.203
202006 0.166 108.401 0.203
202009 0.180 108.164 0.220
202012 0.235 108.559 0.286
202103 0.224 110.298 0.269
202106 0.206 111.720 0.244
202109 0.211 112.905 0.247
202112 0.217 113.774 0.252
202203 0.219 117.646 0.246
202206 0.225 120.806 0.246
202209 0.225 120.648 0.247
202212 0.220 120.964 0.241
202303 0.220 122.702 0.237
202306 0.218 124.203 0.232
202309 0.220 125.230 0.232
202312 0.219 125.072 0.232
202403 0.214 126.258 0.224
202406 0.214 127.522 0.222
202409 0.216 127.285 0.224
202412 0.215 127.364 0.223
202503 0.215 129.181 0.220
202506 0.218 129.892 0.222
202509 0.223 130.287 0.226
202512 0.229 130.366 0.232
202603 0.231 132.262 0.231

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 0.93 mean?
WestBond Enterprises (TSXV:WBE) has a Cyclically Adjusted PB Ratio of 0.93 as of Aug. 19, 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 WestBond Enterprises and its competitors. This is 12% above median its historical median of 0.83. Over the past decade, WestBond Enterprises' Cyclically Adjusted PB Ratio has ranged from 0.35 to 5.95. According to the industry distribution chart, WestBond Enterprises ranks #137 out of 232 companies in the Forest Products industry, placing it in the top 59.1%.
Is WestBond Enterprises' Cyclically Adjusted PB Ratio too high?
WestBond Enterprises' current Cyclically Adjusted PB Ratio of 0.93 is 12% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 5.95. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. WestBond Enterprises' value of 0.93 is 25.7% above this industry median. Based on the distribution chart, WestBond Enterprises ranks #137 out of 232 companies in the Forest Products industry, which is below the industry midpoint. Overall, WestBond Enterprises has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WestBond Enterprises' Cyclically Adjusted PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, WestBond Enterprises ranks #137 out of 232 companies for Cyclically Adjusted PB Ratio. This places WestBond Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. WestBond Enterprises' value of 0.93 is 25.7% above this benchmark. Historically, WestBond Enterprises' own Cyclically Adjusted PB Ratio has ranged from 0.35 to 5.95 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.74, WestBond Enterprises 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 232 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. WestBond Enterprises's current Cyclically Adjusted PB Ratio of 0.93 is 25.7% 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 WestBond Enterprises 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. WestBond Enterprises's current Cyclically Adjusted PB Ratio is 0.93, which is 12% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestBond Enterprises stock overvalued right now?
Based on GuruFocus' analysis, WestBond Enterprises (TSXV:WBE) is currently considered Fairly Valued. The stock's GF Value™ is C$0.19, compared to a current price of C$0.21 — trading 7.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 12% above median its 10-year median of 0.83 and 25.7% above the Forest Products industry median of 0.74. WestBond Enterprises' overall GF Score™ is 57/100 with 4 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 WestBond Enterprises (TSXV:WBE), the current Cyclically Adjusted PB Ratio is 0.93 as of Aug. 19, 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 WestBond Enterprises (TSXV:WBE) Overvalued in 2026?

Based on GuruFocus' analysis, WestBond Enterprises stock appears to be overvalued. The current stock price of C$0.21 is trading 7.9% above its estimated GF Value™ of C$0.19. GuruFocus considers WestBond Enterprises to be Fairly Valued.

Key valuation signals for TSXV:WBE:

  • Cyclically Adjusted PB Ratio: 0.93 (12% above median its 10-year median of 0.83)
  • GF Value™: C$0.19 vs. price of C$0.21 (7.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 25.7% above the Forest Products median (#137 of 232)

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


WestBond Enterprises Business Description

Address 7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Wipes, Non-Wipe air-laid, and Other products. The company's product pipeline includes examination table paper, and others.
57GF Score

Get the complete analysis for TSXV:WBE

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

C$0.21
Price
C$0.19
GF Value