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West Fraser Timber Co.Ltd (TSX:WFG) PB Ratio : 0.90 (As of Apr. 26, 2024)


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What is West Fraser Timber Co.Ltd PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), West Fraser Timber Co.Ltd's share price is C$107.50. West Fraser Timber Co.Ltd's Book Value per Share for the quarter that ended in Mar. 2024 was C$119.88. Hence, West Fraser Timber Co.Ltd's PB Ratio of today is 0.90.

The historical rank and industry rank for West Fraser Timber Co.Ltd's PB Ratio or its related term are showing as below:

TSX:WFG' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.73   Max: 3.19
Current: 0.91

During the past 13 years, West Fraser Timber Co.Ltd's highest PB Ratio was 3.19. The lowest was 0.65. And the median was 1.73.

TSX:WFG's PB Ratio is ranked better than
52.46% of 284 companies
in the Forest Products industry
Industry Median: 0.925 vs TSX:WFG: 0.91

During the past 12 months, West Fraser Timber Co.Ltd's average Book Value Per Share Growth Rate was -4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 36.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of West Fraser Timber Co.Ltd was 50.20% per year. The lowest was -9.30% per year. And the median was 8.40% per year.

Back to Basics: PB Ratio


West Fraser Timber Co.Ltd PB Ratio Historical Data

The historical data trend for West Fraser Timber Co.Ltd's 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.

* Premium members only.

West Fraser Timber Co.Ltd PB Ratio Chart

West Fraser Timber Co.Ltd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.77 1.30 0.79 0.96

West Fraser Timber Co.Ltd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.78 0.97 0.81 0.96 0.98

Competitive Comparison of West Fraser Timber Co.Ltd's PB Ratio

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd's PB Ratio, along with its competitors' market caps and 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.


West Fraser Timber Co.Ltd's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's PB Ratio distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's PB Ratio falls into.



West Fraser Timber Co.Ltd PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

West Fraser Timber Co.Ltd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=107.50/119.883
=0.90

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


West Fraser Timber Co.Ltd  (TSX:WFG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


West Fraser Timber Co.Ltd PB Ratio Related Terms

Thank you for viewing the detailed overview of West Fraser Timber Co.Ltd's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


West Fraser Timber Co.Ltd (TSX:WFG) Business Description

Traded in Other Exchanges
Address
c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1
West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.

West Fraser Timber Co.Ltd (TSX:WFG) Headlines