Wajax (WJXFF) Cyclically Adjusted PB Ratio: 1.41 (As of Aug. 24, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

WJXFF Wajax Corp WJXFF
76 GF Score
Price $21.34
GF Value $18.22
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Wajax Cyclically Adjusted PB Ratio?

Wajax WJXFF -1.04% 76 Cyclically Adjusted PB Ratio is 1.41 as of Aug. 24, 2026, which is 8% above its 10-year median of 1.31. GuruFocus rates WJXFF with a GF Score™ of 76/100 and a GF Value™ of $18.22 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 126 Industrial Distribution companies, Wajax ranks worse than 53.17% on this metric.

As of today (2026-08-24), Wajax's current share price is $21.336. Wajax's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $15.17. Wajax's Cyclically Adjusted PB Ratio for today is 1.41.

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

WJXFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.31   Max: 1.87
Current: 1.4

During the past years, Wajax's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.36. And the median was 1.31.

WJXFF's Cyclically Adjusted PB Ratio is ranked worse than
53.17% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.26 vs WJXFF: 1.40

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.

Wajax's adjusted book value per share data for the three months ended in Jun. 2026 was $18.276. 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 $15.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wajax  (OTCPK:WJXFF) 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.


Wajax Cyclically Adjusted PB Ratio Related Terms


Wajax Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wajax'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.

Wajax Cyclically Adjusted PB Ratio Chart

Wajax 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 1.46 1.10 1.60 1.06 1.32

Wajax 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 1.12 1.18 1.32 1.54 1.44

WJXFF vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Wajax'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.


Wajax Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wajax's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WJXFF
76GF Score
Wajax Corp WJXFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wajax 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.

Wajax's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.336/15.17
=1.41

* 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.

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

For example, Wajax'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)
=18.276/133.5265*133.5265
=18.276

Current CPI (Jun. 2026) = 133.5265.

Wajax Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.521 101.765 13.805
201612 10.259 101.449 13.503
201703 10.475 102.634 13.628
201706 10.581 103.029 13.713
201709 11.674 103.345 15.083
201712 11.029 103.345 14.250
201803 11.576 105.004 14.720
201806 11.712 105.557 14.815
201809 11.994 105.636 15.161
201812 11.075 105.399 14.031
201903 11.162 106.979 13.932
201906 11.478 107.690 14.232
201909 11.649 107.611 14.454
201912 12.022 107.769 14.895
202003 11.218 107.927 13.879
202006 11.681 108.401 14.388
202009 11.959 108.164 14.763
202012 12.606 108.559 15.505
202103 13.319 110.298 16.124
202106 14.238 111.720 17.017
202109 14.232 112.905 16.831
202112 14.148 113.774 16.604
202203 14.796 117.646 16.793
202206 15.378 120.806 16.997
202209 15.356 120.648 16.995
202212 15.420 120.964 17.021
202303 15.493 122.702 16.860
202306 16.667 124.203 17.918
202309 16.995 125.230 18.121
202312 17.069 125.072 18.223
202403 17.152 126.258 18.139
202406 17.398 127.522 18.217
202409 17.525 127.285 18.384
202412 16.497 127.364 17.295
202503 16.483 129.181 17.037
202506 17.562 129.892 18.053
202509 17.703 130.287 18.143
202512 17.870 130.366 18.303
202603 18.278 132.262 18.453
202606 18.276 133.527 18.276

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 1.41 mean?
Wajax (WJXFF) has a Cyclically Adjusted PB Ratio of 1.41 as of Aug. 24, 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 Wajax and its competitors. This is near median its historical median of 1.31. Over the past decade, Wajax's Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.87. According to the industry distribution chart, Wajax ranks #67 out of 126 companies in the Industrial Distribution industry, placing it in the top 53.2%.
Is Wajax's Cyclically Adjusted PB Ratio too high?
Wajax's current Cyclically Adjusted PB Ratio of 1.41 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.87. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.26. Wajax's value of 1.41 is 11.9% above this industry median. Based on the distribution chart, Wajax ranks #67 out of 126 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Wajax has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wajax's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Wajax ranks #67 out of 126 companies for Cyclically Adjusted PB Ratio. This places Wajax in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Wajax's value of 1.41 is 11.9% above this benchmark. Historically, Wajax's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.87 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.26, Wajax 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.26, based on 126 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. Wajax's current Cyclically Adjusted PB Ratio of 1.41 is 11.9% 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 Wajax and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wajax's current Cyclically Adjusted PB Ratio is 1.41, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wajax stock overvalued right now?
Based on GuruFocus' analysis, Wajax (WJXFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.22, compared to a current price of $21.34 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is near median its 10-year median of 1.31 and 11.9% above the Industrial Distribution industry median of 1.26. Wajax's overall GF Score™ is 76/100 with 3 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 Wajax (WJXFF), the current Cyclically Adjusted PB Ratio is 1.41 as of Aug. 24, 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 Wajax (WJXFF) Overvalued in 2026?

Based on GuruFocus' analysis, Wajax stock appears to be overvalued. The current stock price of $21.34 is trading 17.1% above its estimated GF Value™ of $18.22. GuruFocus considers Wajax to be Modestly Overvalued.

Key valuation signals for WJXFF:

  • Cyclically Adjusted PB Ratio: 1.41 (near median its 10-year median of 1.31)
  • GF Value™: $18.22 vs. price of $21.34 (17.1% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 11.9% above the Industrial Distribution median (#67 of 126)

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


Wajax Business Description

Other Exchanges WJX:Canada
Address 10 Diesel Drive, Toronto, ON, CAN, M8W 2T8
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.
76GF Score

Get the complete analysis for WJXFF

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

$21.34
Price
$18.22
GF Value