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Western Forest Products (FRA:NWF) Shiller PE Ratio : 2.91 (As of Jun. 09, 2024)


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What is Western Forest Products Shiller PE Ratio?

As of today (2024-06-09), Western Forest Products's current share price is €0.32. Western Forest Products's E10 for the quarter that ended in Mar. 2024 was €0.11. Western Forest Products's Shiller PE Ratio for today is 2.91.

The historical rank and industry rank for Western Forest Products's Shiller PE Ratio or its related term are showing as below:

FRA:NWF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.91   Med: 10.68   Max: 280
Current: 3.03

During the past years, Western Forest Products's highest Shiller PE Ratio was 280.00. The lowest was 2.91. And the median was 10.68.

FRA:NWF's Shiller PE Ratio is ranked better than
95.79% of 190 companies
in the Forest Products industry
Industry Median: 12.615 vs FRA:NWF: 3.03

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.

Western Forest Products's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Forest Products Shiller PE Ratio Historical Data

The historical data trend for Western Forest Products's Shiller PE 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.

Western Forest Products Shiller PE Ratio Chart

Western Forest Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.40 9.05 10.59 5.18 4.10

Western Forest Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 5.19 5.14 4.23 4.10 3.81

Competitive Comparison of Western Forest Products's Shiller PE Ratio

For the Lumber & Wood Production subindustry, Western Forest Products's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Western Forest Products's Shiller PE Ratio falls into.



Western Forest Products Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Western Forest Products's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.32/0.11
=2.91

* 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's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Western Forest Products's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.014/126.2576*126.2576
=-0.014

Current CPI (Mar. 2024) = 126.2576.

Western Forest Products Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.048 99.473 0.061
201409 0.007 99.394 0.009
201412 0.021 98.367 0.027
201503 0.051 99.789 0.065
201506 0.036 100.500 0.045
201509 0.027 100.421 0.034
201512 0.013 99.947 0.016
201603 0.027 101.054 0.034
201606 0.041 102.002 0.051
201609 0.027 101.765 0.033
201612 0.064 101.449 0.080
201703 0.028 102.634 0.034
201706 0.040 103.029 0.049
201709 0.027 103.345 0.033
201712 0.033 103.345 0.040
201803 0.031 105.004 0.037
201806 0.046 105.557 0.055
201809 0.026 105.636 0.031
201812 0.013 105.399 0.016
201903 0.003 106.979 0.004
201906 -0.001 107.690 -0.001
201909 -0.034 107.611 -0.040
201912 -0.048 107.769 -0.056
202003 -0.039 107.927 -0.046
202006 0.013 108.401 0.015
202009 0.019 108.164 0.022
202012 0.060 108.559 0.070
202103 0.094 110.298 0.108
202106 0.143 111.720 0.162
202109 0.080 112.905 0.089
202112 0.062 113.774 0.069
202203 0.079 117.646 0.085
202206 0.089 120.806 0.093
202209 0.015 120.648 0.016
202212 -0.042 120.964 -0.044
202303 -0.034 122.702 -0.035
202306 -0.049 124.203 -0.050
202309 -0.035 125.230 -0.035
202312 -0.034 125.072 -0.034
202403 -0.014 126.258 -0.014

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Western Forest Products  (FRA:NWF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Western Forest Products Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Western Forest Products's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Forest Products (FRA:NWF) Business Description

Traded in Other Exchanges
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 timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.

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