Western Forest Products (FRA:NWF0) Cyclically Adjusted Revenue per Share: €65.62 (As of Mar. 2026)

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FRA:NWF0 Western Forest Products Inc FRA:NWF0
60 GF Score
Price €10.80
GF Value €7.69
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Western Forest Products Cyclically Adjusted Revenue per Share?

Western Forest Products FRA:NWF0 +0.93% 60 Cyclically Adjusted Revenue per Share is €65.62 as of Mar. 2026. GuruFocus rates FRA:NWF0 with a GF Score™ of 60/100 and a GF Value™ of €7.69 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Western Forest Products's adjusted revenue per share for the three months ended in Mar. 2026 was €12.032. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €65.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Western Forest Products's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Western Forest Products was 9.70% per year. The lowest was -22.00% per year. And the median was 2.50% per year.

As of today (2026-07-29), Western Forest Products's current stock price is €10.80. Western Forest Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €65.62. Western Forest Products's Cyclically Adjusted PS Ratio of today is 0.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Western Forest Products was 1.15. The lowest was 0.10. And the median was 0.47.


Western Forest Products  (FRA:NWF0) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Western Forest Products's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.80/65.62
=0.16

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Western Forest Products was 1.15. The lowest was 0.10. And the median was 0.47.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Western Forest Products Cyclically Adjusted Revenue per Share Related Terms


Western Forest Products Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Western Forest Products's Cyclically Adjusted Revenue per Share 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.

Western Forest Products Cyclically Adjusted Revenue per Share Chart

Western Forest Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.73 69.00 71.34 68.79 64.65

Western Forest Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 68.07 64.48 66.78 64.65 65.62

FRA:NWF0 vs SSD, UFPI, BCC: Cyclically Adjusted Revenue per Share Comparison

For the Lumber & Wood Production subindustry, Western Forest Products's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Western Forest Products Cyclically Adjusted PS Ratio vs Forest Products Industry

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

* The bar in red indicates where Western Forest Products's Cyclically Adjusted PS Ratio falls into.


FRA:NWF0
60GF Score
Western Forest Products Inc FRA:NWF0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Forest Products Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Western Forest Products's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.032/132.2623*132.2623
=12.032

Current CPI (Mar. 2026) = 132.2623.

Western Forest Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.650 102.002 20.293
201609 16.486 101.765 21.427
201612 15.664 101.449 20.422
201703 15.109 102.634 19.471
201706 14.454 103.029 18.555
201709 14.600 103.345 18.685
201712 14.036 103.345 17.964
201803 13.735 105.004 17.301
201806 16.062 105.557 20.126
201809 14.573 105.636 18.246
201812 14.336 105.399 17.990
201903 14.247 106.979 17.614
201906 16.405 107.690 20.148
201909 7.759 107.611 9.536
201912 4.419 107.769 5.423
202003 5.137 107.927 6.295
202006 13.428 108.401 16.384
202009 14.896 108.164 18.215
202012 16.337 108.559 19.904
202103 17.106 110.298 20.512
202106 22.591 111.720 26.745
202109 19.932 112.905 23.349
202112 19.989 113.774 23.237
202203 23.489 117.646 26.407
202206 29.540 120.806 32.341
202209 24.860 120.648 27.253
202212 19.102 120.964 20.886
202303 17.055 122.702 18.384
202306 18.161 124.203 19.339
202309 15.158 125.230 16.009
202312 15.965 125.072 16.883
202403 15.418 126.258 16.151
202406 19.871 127.522 20.610
202409 15.227 127.285 15.822
202412 17.343 127.364 18.010
202503 16.020 129.181 16.402
202506 17.369 129.892 17.686
202509 13.591 130.287 13.797
202512 11.837 130.366 12.009
202603 12.032 132.262 12.032

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €65.62 mean?
Western Forest Products (FRA:NWF0) has a Cyclically Adjusted Revenue per Share of €65.62 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Forest Products and its competitors.
Is Western Forest Products' Cyclically Adjusted Revenue per Share too high?
Western Forest Products' current Cyclically Adjusted Revenue per Share is €65.62. Overall, Western Forest Products has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Forest Products' Cyclically Adjusted Revenue per Share compare to SSD and UFPI?
Western Forest Products' Cyclically Adjusted Revenue per Share of €65.62 can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Forest Products company?
A good Cyclically Adjusted Revenue per Share depends on the Forest Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Forest Products and its competitors. Western Forest Products's current Cyclically Adjusted Revenue per Share is €65.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Forest Products stock overvalued right now?
Based on GuruFocus' analysis, Western Forest Products (FRA:NWF0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.69, compared to a current price of €10.80 — trading 40.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €65.62. Western Forest Products' overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Western Forest Products (FRA:NWF0), the current Cyclically Adjusted Revenue per Share is €65.62 as of Mar. 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 Western Forest Products (FRA:NWF0) Overvalued in 2026?

Based on GuruFocus' analysis, Western Forest Products stock appears to be overvalued. The current stock price of €10.80 is trading 40.4% above its estimated GF Value™ of €7.69. GuruFocus considers Western Forest Products to be Significantly Overvalued.

Key valuation signals for FRA:NWF0:

  • Cyclically Adjusted Revenue per Share: €65.62
  • GF Value™: €7.69 vs. price of €10.80 (40.4% above fair value)
  • GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the FRA:NWF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Forest Products Business Description

Other Exchanges WFSTF:USAWEF:Canada
Address 1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3
Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glue-laminated timber (glulam) remanufacturing, and lumber purchase and wholesaling activities. The Company manages its business as a single operating segment, with the majority of Western's property, plant and equipment, biological assets and timber license located in Canada. The company operates in United States, Canada, Japan, China, Europe and Other countries. It derives maximum revenue from Canada.
60GF Score

Get the complete analysis for FRA:NWF0

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

€10.80
Price
€7.69
GF Value