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Canfor Pulp Products (TSX:CFX) Cyclically Adjusted PS Ratio : 0.08 (As of May. 20, 2024)


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What is Canfor Pulp Products Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Canfor Pulp Products's current share price is C$1.49. Canfor Pulp Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$19.41. Canfor Pulp Products's Cyclically Adjusted PS Ratio for today is 0.08.

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

TSX:CFX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.5   Max: 2
Current: 0.08

During the past years, Canfor Pulp Products's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.08. And the median was 0.50.

TSX:CFX's Cyclically Adjusted PS Ratio is ranked better than
92.34% of 248 companies
in the Forest Products industry
Industry Median: 0.59 vs TSX:CFX: 0.08

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.

Canfor Pulp Products's adjusted revenue per share data for the three months ended in Mar. 2024 was C$3.408. 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$19.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canfor Pulp Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canfor Pulp Products'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.

Canfor Pulp Products Cyclically Adjusted PS Ratio Chart

Canfor Pulp Products 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 0.50 0.45 0.38 0.22 0.09

Canfor Pulp Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.11 0.10 0.09 0.09

Competitive Comparison of Canfor Pulp Products's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Canfor Pulp Products'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.


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

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

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



Canfor Pulp Products 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.

Canfor Pulp Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.49/19.41
=0.08

* 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 Pulp Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Canfor Pulp Products's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.408/126.2576*126.2576
=3.408

Current CPI (Mar. 2024) = 126.2576.

Canfor Pulp Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.556 99.473 4.513
201409 3.349 99.394 4.254
201412 3.727 98.367 4.784
201503 3.867 99.789 4.893
201506 3.928 100.500 4.935
201509 4.204 100.421 5.286
201512 4.765 99.947 6.019
201603 4.288 101.054 5.357
201606 3.793 102.002 4.695
201609 4.300 101.765 5.335
201612 3.963 101.449 4.932
201703 4.641 102.634 5.709
201706 4.244 103.029 5.201
201709 4.351 103.345 5.316
201712 4.948 103.345 6.045
201803 5.513 105.004 6.629
201806 6.075 105.557 7.266
201809 5.034 105.636 6.017
201812 4.440 105.399 5.319
201903 4.659 106.979 5.499
201906 4.896 107.690 5.740
201909 3.325 107.611 3.901
201912 3.794 107.769 4.445
202003 4.225 107.927 4.943
202006 3.843 108.401 4.476
202009 3.471 108.164 4.052
202012 3.645 108.559 4.239
202103 4.022 110.298 4.604
202106 5.125 111.720 5.792
202109 4.582 112.905 5.124
202112 3.822 113.774 4.241
202203 3.377 117.646 3.624
202206 4.429 120.806 4.629
202209 4.726 120.648 4.946
202212 4.110 120.964 4.290
202303 3.730 122.702 3.838
202306 3.825 124.203 3.888
202309 2.894 125.230 2.918
202312 2.972 125.072 3.000
202403 3.408 126.258 3.408

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.


Canfor Pulp Products  (TSX:CFX) 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.


Canfor Pulp Products Cyclically Adjusted PS Ratio Related Terms

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


Canfor Pulp Products (TSX:CFX) Business Description

Traded in Other Exchanges
Address
100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2
Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates Majority of the revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Majority of Canfor Pulp's revenue comes from Asia. The majority of the company's shares are owned by Canfor Corporation.

Canfor Pulp Products (TSX:CFX) Headlines

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