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Canfor (Canfor) Cyclically Adjusted PS Ratio : 0.30 (As of Apr. 27, 2024)


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What is Canfor Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Canfor's current share price is $10.45871. Canfor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $35.31. Canfor's Cyclically Adjusted PS Ratio for today is 0.30.

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

CFPZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.73   Max: 1.42
Current: 0.31

During the past years, Canfor's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.22. And the median was 0.73.

CFPZF's Cyclically Adjusted PS Ratio is ranked better than
71.84% of 245 companies
in the Forest Products industry
Industry Median: 0.57 vs CFPZF: 0.31

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.

Canfor's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.020. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $35.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canfor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canfor's Cyclically Adjusted PS 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.

* Premium members only.

Canfor Cyclically Adjusted PS Ratio Chart

Canfor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.73 0.86 0.49 0.38

Canfor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 0.49 0.49 0.52 0.36 0.38

Competitive Comparison of Canfor's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Canfor'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.


Canfor's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

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

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



Canfor Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Canfor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.45871/35.31
=0.30

* 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.

Canfor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Canfor's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.02/125.4675*125.4675
=8.020

Current CPI (Dec. 2023) = 125.4675.

Canfor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.775 98.604 6.076
201406 6.044 99.473 7.623
201409 5.622 99.394 7.097
201412 5.512 98.367 7.031
201503 5.453 99.789 6.856
201506 5.749 100.500 7.177
201509 5.575 100.421 6.965
201512 5.761 99.947 7.232
201603 6.080 101.054 7.549
201606 5.970 102.002 7.343
201609 6.326 101.765 7.799
201612 5.891 101.449 7.286
201703 6.216 102.634 7.599
201706 6.568 103.029 7.998
201709 7.103 103.345 8.624
201712 7.007 103.345 8.507
201803 7.415 105.004 8.860
201806 8.645 105.557 10.276
201809 7.947 105.636 9.439
201812 6.075 105.399 7.232
201903 6.861 106.979 8.047
201906 7.890 107.690 9.192
201909 6.583 107.611 7.675
201912 6.702 107.769 7.803
202003 6.697 107.927 7.785
202006 6.572 108.401 7.607
202009 9.359 108.164 10.856
202012 10.088 108.559 11.659
202103 12.338 110.298 14.035
202106 16.311 111.720 18.318
202109 10.607 112.905 11.787
202112 9.861 113.774 10.874
202203 14.049 117.646 14.983
202206 13.719 120.806 14.248
202209 10.197 120.648 10.604
202212 8.280 120.964 8.588
202303 8.369 122.702 8.558
202306 9.033 124.203 9.125
202309 8.088 125.230 8.103
202312 8.020 125.468 8.020

Add all the adjusted revenue per share together and divide 10 will get our 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.


Canfor  (OTCPK:CFPZF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Canfor Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Canfor's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Canfor (Canfor) Business Description

Traded in Other Exchanges
Address
100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2
Canfor is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations and the pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.

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