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Interfor (TSX:IFP) Cyclically Adjusted PS Ratio : 0.42 (As of May. 09, 2024)


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What is Interfor Cyclically Adjusted PS Ratio?

As of today (2024-05-09), Interfor's current share price is C$18.53. Interfor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$44.10. Interfor's Cyclically Adjusted PS Ratio for today is 0.42.

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

TSX:IFP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.84   Max: 1.48
Current: 0.4

During the past years, Interfor's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.24. And the median was 0.84.

TSX:IFP's Cyclically Adjusted PS Ratio is ranked better than
63.31% of 248 companies
in the Forest Products industry
Industry Median: 0.605 vs TSX:IFP: 0.40

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.

Interfor's adjusted revenue per share data for the three months ended in Dec. 2023 was C$15.277. 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 C$44.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interfor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Interfor'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.

Interfor Cyclically Adjusted PS Ratio Chart

Interfor 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 0.62 0.93 1.34 0.54 0.53

Interfor 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 0.54 0.55 0.60 0.47 0.53

Competitive Comparison of Interfor's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Interfor'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.


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

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

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



Interfor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.53/44.1
=0.42

* 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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Interfor'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)
=15.277/125.4675*125.4675
=15.277

Current CPI (Dec. 2023) = 125.4675.

Interfor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.622 98.604 5.881
201406 5.848 99.473 7.376
201409 5.592 99.394 7.059
201412 5.828 98.367 7.434
201503 6.125 99.789 7.701
201506 6.136 100.500 7.660
201509 6.152 100.421 7.686
201512 5.874 99.947 7.374
201603 6.197 101.054 7.694
201606 6.552 102.002 8.059
201609 6.535 101.765 8.057
201612 6.315 101.449 7.810
201703 6.520 102.634 7.971
201706 7.298 103.029 8.887
201709 6.981 103.345 8.475
201712 7.601 103.345 9.228
201803 7.525 105.004 8.991
201806 8.851 105.557 10.521
201809 8.151 105.636 9.681
201812 6.801 105.399 8.096
201903 6.699 106.979 7.857
201906 7.157 107.690 8.338
201909 7.234 107.611 8.434
201912 6.792 107.769 7.907
202003 7.131 107.927 8.290
202006 5.899 108.401 6.828
202009 9.583 108.164 11.116
202012 9.928 108.559 11.474
202103 12.852 110.298 14.620
202106 16.869 111.720 18.945
202109 10.561 112.905 11.736
202112 11.095 113.774 12.235
202203 22.641 117.646 24.146
202206 25.231 120.806 26.205
202209 19.085 120.648 19.847
202212 15.717 120.964 16.302
202303 16.134 122.702 16.498
202306 16.961 124.203 17.134
202309 16.097 125.230 16.127
202312 15.277 125.468 15.277

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.


Interfor  (TSX:IFP) 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.


Interfor Cyclically Adjusted PS Ratio Related Terms

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


Interfor (TSX:IFP) 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.

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