Canfor (TSX:CFP) Shiller PE Ratio: 10.69 (As of Sep. 14, 2026) — Near Median

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TSX:CFP Canfor Corp TSX:CFP
71 GF Score
Price C$14.97
GF Value C$15.30
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Canfor Shiller PE Ratio?

Canfor TSX:CFP +2.89% 71 Shiller PE Ratio is 10.69 as of Sep. 14, 2026, which is 3% below its 10-year median of 11.04. GuruFocus rates TSX:CFP with a GF Score™ of 71/100 and a GF Value™ of C$15.30 (Fairly Valued). The stock has 9 warning signs investors should review. Among 190 Forest Products companies, Canfor ranks better than 56.32% on this metric.

As of today (2026-09-14), Canfor's current share price is C$14.97. Canfor's E10 for the quarter that ended in Jun. 2026 was C$1.40. Canfor's Shiller PE Ratio for today is 10.69.

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

TSX:CFP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.77   Med: 11.04   Max: 791.67
Current: 10.67

During the past years, Canfor's highest Shiller PE Ratio was 791.67. The lowest was 4.77. And the median was 11.04.

TSX:CFP's Shiller PE Ratio is ranked better than
56.32% of 190 companies
in the Forest Products industry
Industry Median: 11.94 vs TSX:CFP: 10.67

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.

Canfor's adjusted earnings per share data for the three months ended in Jun. 2026 was C$-0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$1.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canfor  (TSX:CFP) 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.


Canfor Shiller PE Ratio Related Terms


Canfor Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Canfor'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.

Canfor Shiller PE Ratio Chart

Canfor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.22 6.65 6.29 7.03 7.79

Canfor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.20 6.66 7.79 9.53 9.61

TSX:CFP vs SSD, UFPI, BCC: Shiller PE Ratio Comparison

For the Lumber & Wood Production subindustry, Canfor'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.


Canfor Shiller PE Ratio vs Forest Products Industry

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

* The bar in red indicates where Canfor's Shiller PE Ratio falls into.


TSX:CFP
71GF Score
Canfor Corp TSX:CFP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canfor 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.

Canfor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.97/1.40
=10.69

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Canfor's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.16/133.5265*133.5265
=-0.160

Current CPI (Jun. 2026) = 133.5265.

Canfor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.380 101.765 0.499
201612 0.290 101.449 0.382
201703 0.500 102.634 0.651
201706 0.610 103.029 0.791
201709 0.510 103.345 0.659
201712 1.010 103.345 1.305
201803 0.870 105.004 1.106
201806 1.320 105.557 1.670
201809 0.980 105.636 1.239
201812 -0.390 105.399 -0.494
201903 -0.690 106.979 -0.861
201906 -0.380 107.690 -0.471
201909 -0.710 107.611 -0.881
201912 -0.310 107.769 -0.384
202003 -0.560 107.927 -0.693
202006 0.480 108.401 0.591
202009 1.740 108.164 2.148
202012 2.680 108.559 3.296
202103 3.420 110.298 4.140
202106 5.810 111.720 6.944
202109 1.680 112.905 1.987
202112 -0.170 113.774 -0.200
202203 4.290 117.646 4.869
202206 3.020 120.806 3.338
202209 0.710 120.648 0.786
202212 -1.660 120.964 -1.832
202303 -1.170 122.702 -1.273
202306 -0.360 124.203 -0.387
202309 -0.190 125.230 -0.203
202312 -0.970 125.072 -1.036
202403 -0.540 126.258 -0.571
202406 -1.610 127.522 -1.686
202409 -2.960 127.285 -3.105
202412 -0.530 127.364 -0.556
202503 -0.260 129.181 -0.269
202506 -1.710 129.892 -1.758
202509 -1.480 130.287 -1.517
202512 -3.330 130.366 -3.411
202603 -0.620 132.262 -0.626
202606 -0.160 133.527 -0.160

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.69 mean?
Canfor (TSX:CFP) has a Shiller PE Ratio of 10.69 as of Sep. 14, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Canfor and its competitors. This is near median its historical median of 11.04. Over the past decade, Canfor's Shiller PE Ratio has ranged from 4.77 to 791.67. According to the industry distribution chart, Canfor ranks #83 out of 190 companies in the Forest Products industry, placing it in the top 43.7%.
Is Canfor's Shiller PE Ratio too high?
Canfor's current Shiller PE Ratio of 10.69 is near median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 791.67. The Forest Products industry median Shiller PE Ratio is 11.94. Canfor's value of 10.69 is 10.5% below this industry median. Based on the distribution chart, Canfor ranks #83 out of 190 companies in the Forest Products industry, which is above the industry midpoint. Overall, Canfor has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canfor's Shiller PE Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Canfor ranks #83 out of 190 companies for Shiller PE Ratio. This puts Canfor in the upper half of its industry. The industry median Shiller PE Ratio is 11.94. Canfor's value of 10.69 is 10.5% below this benchmark. Historically, Canfor's own Shiller PE Ratio has ranged from 4.77 to 791.67 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 11.94, Canfor has consistently been below 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 Shiller PE Ratio for a Forest Products company?
The median Shiller PE Ratio among Forest Products companies is 11.94, based on 190 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canfor's current Shiller PE Ratio of 10.69 is 10.5% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Canfor and its competitors. For the Forest Products industry, the median Shiller PE Ratio is 11.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canfor's current Shiller PE Ratio is 10.69, which is near median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canfor stock overvalued right now?
Based on GuruFocus' analysis, Canfor (TSX:CFP) is currently considered Fairly Valued. The stock's GF Value™ is C$15.30, compared to a current price of C$14.97 — trading 2.2% below its estimated fair value. The current Shiller PE Ratio is 10.69, which is near median its 10-year median of 11.04 and 10.5% below the Forest Products industry median of 11.94. Canfor's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Canfor (TSX:CFP), the current Shiller PE Ratio is 10.69 as of Sep. 14, 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 Canfor (TSX:CFP) Overvalued in 2026?

Based on GuruFocus' analysis, Canfor stock appears to be undervalued. The current stock price of C$14.97 is trading 2.2% below its estimated GF Value™ of C$15.30. GuruFocus considers Canfor to be Fairly Valued.

Key valuation signals for TSX:CFP:

  • Shiller PE Ratio: 10.69 (near median its 10-year median of 11.04)
  • GF Value™: C$15.30 vs. price of C$14.97 (2.2% below fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 10.5% below the Forest Products median (#83 of 190)

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


Canfor Business Description

Other Exchanges CFPZF:USANKC:Germany
Address 101-161 East 4th Avenue, Vancouver, BC, CAN, V5T 1G4
Canfor is a softwood lumber company that also owns Canfor Pulp Products. 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. The pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.
71GF Score

Get the complete analysis for TSX:CFP

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

C$14.97
Price
C$15.30
GF Value