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Canfor (FRA:NKC) Shiller PE Ratio : 5.34 (As of May. 21, 2024)


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What is Canfor Shiller PE Ratio?

As of today (2024-05-21), Canfor's current share price is €10.10. Canfor's E10 for the quarter that ended in Mar. 2024 was €1.89. Canfor's Shiller PE Ratio for today is 5.34.

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

FRA:NKC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.77   Med: 21.26   Max: 791.67
Current: 5.53

During the past years, Canfor's highest Shiller PE Ratio was 791.67. The lowest was 4.77. And the median was 21.26.

FRA:NKC's Shiller PE Ratio is ranked better than
89.42% of 189 companies
in the Forest Products industry
Industry Median: 12.5 vs FRA:NKC: 5.53

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 Mar. 2024 was €-0.367. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canfor Shiller PE Ratio Historical Data

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.

* Premium members only.

Canfor Shiller PE Ratio Chart

Canfor 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 14.30 18.80 13.22 6.65 6.29

Canfor 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 7.05 7.97 5.69 6.29 6.18

Competitive Comparison of Canfor's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



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
=10.10/1.89
=5.34

* 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 Mar. 2024 is calculated as:

For example, Canfor'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)
=-0.367/126.2576*126.2576
=-0.367

Current CPI (Mar. 2024) = 126.2576.

Canfor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.265 99.473 0.336
201409 0.240 99.394 0.305
201412 0.162 98.367 0.208
201503 0.161 99.789 0.204
201506 0.058 100.500 0.073
201509 -0.087 100.421 -0.109
201512 0.007 99.947 0.009
201603 0.136 101.054 0.170
201606 0.186 102.002 0.230
201609 0.258 101.765 0.320
201612 0.206 101.449 0.256
201703 0.349 102.634 0.429
201706 0.408 103.029 0.500
201709 0.348 103.345 0.425
201712 0.668 103.345 0.816
201803 0.546 105.004 0.657
201806 0.861 105.557 1.030
201809 0.644 105.636 0.770
201812 -0.255 105.399 -0.305
201903 -0.457 106.979 -0.539
201906 -0.253 107.690 -0.297
201909 -0.487 107.611 -0.571
201912 -0.212 107.769 -0.248
202003 -0.363 107.927 -0.425
202006 0.315 108.401 0.367
202009 1.117 108.164 1.304
202012 1.720 108.559 2.000
202103 2.286 110.298 2.617
202106 3.946 111.720 4.459
202109 1.127 112.905 1.260
202112 -0.118 113.774 -0.131
202203 3.077 117.646 3.302
202206 2.231 120.806 2.332
202209 0.538 120.648 0.563
202212 -1.154 120.964 -1.205
202303 -0.799 122.702 -0.822
202306 -0.250 124.203 -0.254
202309 -0.132 125.230 -0.133
202312 -0.663 125.072 -0.669
202403 -0.367 126.258 -0.367

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.


Canfor  (FRA:NKC) 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

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


Canfor (FRA:NKC) Business Description

Traded in Other Exchanges
Address
100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2
Canfor is a softwood lumber company that also owns around half of Canfor Pulp. 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 and the pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.

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