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Interfor (TSX:IFP) PB Ratio : 0.53 (As of Apr. 28, 2024)


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What is Interfor 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 (2024-04-28), Interfor's share price is C$17.91. Interfor's Book Value per Share for the quarter that ended in Dec. 2023 was C$33.64. Hence, Interfor's PB Ratio of today is 0.53.

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

TSX:IFP' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.31   Max: 2.45
Current: 0.53

During the past 13 years, Interfor's highest PB Ratio was 2.45. The lowest was 0.46. And the median was 1.31.

TSX:IFP's PB Ratio is ranked better than
76.06% of 284 companies
in the Forest Products industry
Industry Median: 0.935 vs TSX:IFP: 0.53

During the past 12 months, Interfor's average Book Value Per Share Growth Rate was -14.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Interfor was 47.20% per year. The lowest was -9.70% per year. And the median was 3.40% per year.

Back to Basics: PB Ratio


Interfor PB Ratio Historical Data

The historical data trend for Interfor'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.

Interfor PB Ratio Chart

Interfor 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 1.19 1.45 1.51 0.53 0.70

Interfor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.53 0.57 0.66 0.54 0.70

Competitive Comparison of Interfor's PB Ratio

For the Lumber & Wood Production subindustry, Interfor'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.


Interfor's PB Ratio Distribution in the Forest Products Industry

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

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



Interfor 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.

Interfor's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=17.91/33.635
=0.53

* 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.


Interfor  (TSX:IFP) 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.


Interfor PB Ratio Related Terms

Thank you for viewing the detailed overview of Interfor's PB 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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