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Interfor (Interfor) Cyclically Adjusted PB Ratio : 0.88 (As of May. 15, 2024)


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What is Interfor Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Interfor's current share price is $13.90. Interfor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $15.72. Interfor's Cyclically Adjusted PB Ratio for today is 0.88.

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

IFSPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.64   Max: 3.29
Current: 0.87

During the past years, Interfor's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 0.54. And the median was 1.64.

IFSPF's Cyclically Adjusted PB Ratio is ranked better than
51.83% of 218 companies
in the Forest Products industry
Industry Median: 0.88 vs IFSPF: 0.87

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Interfor's adjusted book value per share data for the three months ended in Mar. 2024 was $24.264. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $15.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interfor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Interfor's Cyclically Adjusted 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.

Interfor Cyclically Adjusted PB Ratio Chart

Interfor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 2.14 3.05 1.23 1.15

Interfor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 1.22 1.32 1.02 1.15 1.01

Competitive Comparison of Interfor's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Interfor's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Interfor's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Interfor's Cyclically Adjusted PB Ratio falls into.



Interfor Cyclically Adjusted PB Ratio Calculation

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

Interfor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.90/15.72
=0.88

* 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.

Interfor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Interfor's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=24.264/125.4675*125.4675
=24.264

Current CPI (Mar. 2024) = 125.4675.

Interfor Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.409 99.473 10.606
201409 8.572 99.394 10.821
201412 8.271 98.367 10.550
201503 8.259 99.789 10.384
201506 8.126 100.500 10.145
201509 7.734 100.421 9.663
201512 7.552 99.947 9.480
201603 7.614 101.054 9.454
201606 8.056 102.002 9.909
201609 8.119 101.765 10.010
201612 8.421 101.449 10.415
201703 8.584 102.634 10.494
201706 8.766 103.029 10.675
201709 9.509 103.345 11.545
201712 9.500 103.345 11.534
201803 9.949 105.004 11.888
201806 10.631 105.557 12.636
201809 10.886 105.636 12.930
201812 10.641 105.399 12.667
201903 10.381 106.979 12.175
201906 10.198 107.690 11.881
201909 9.892 107.611 11.533
201912 9.382 107.769 10.923
202003 9.403 107.927 10.931
202006 9.539 108.401 11.041
202009 11.047 108.164 12.814
202012 12.786 108.559 14.777
202103 16.108 110.298 18.323
202106 19.985 111.720 22.444
202109 20.347 112.905 22.611
202112 21.020 113.774 23.180
202203 25.725 117.646 27.435
202206 30.023 120.806 31.182
202209 30.948 120.648 32.184
202212 29.011 120.964 30.091
202303 28.204 122.702 28.840
202306 28.430 124.203 28.719
202309 27.696 125.230 27.748
202312 25.071 125.468 25.071
202403 24.264 125.468 24.264

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Interfor  (OTCPK:IFSPF) Cyclically Adjusted PB Ratio Explanation

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


Interfor Cyclically Adjusted PB Ratio Related Terms

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


Interfor (Interfor) Business Description

Traded in Other Exchanges
Address
1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2
Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.

Interfor (Interfor) Headlines

From GuruFocus

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