West Fraser Timber Co Forward P/E
What is the Forward P/E of West Fraser Timber Co?
The Forward P/E of West Fraser Timber Co. Ltd. is 9.63
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Materials sector on TSX compared to West Fraser Timber Co
What does West Fraser Timber Co do?
West Fraser Timber Co. Ltd., a diversified wood products company, produces and sells lumber, panels, and pulp and papers in western Canada and the southern United States. It offers spruce-pine-fir, Douglas Fir-Larch, Hem-Fir tree, and southern yellow pine lumber; treated wood products; and newsprint, wood chips, and other residuals and energy products. The company also provides medium density fiberboard panels and plywood; laminated veneer lumber wood products; and northern bleached softwood Kraft pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. In addition, it offers bleached chemical thermo-mechanical pulp that is used to produce coated board grades, printing and writing paper, and paper towel/napkin grades, as well as specialty papers and tissue grades. The company exports lumber to the Far East, Asia, the Caribbean, Europe, the Middle East, and South America. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.
Companies with forward p/e similar to West Fraser Timber Co
- Fox A Dl ,01 has Forward P/E of 9.61
- UP Global Sourcing Plc has Forward P/E of 9.61
- ESSA Bancorp Inc has Forward P/E of 9.62
- Dole plc has Forward P/E of 9.62
- Plus500 has Forward P/E of 9.62
- Takeda Pharmaceutical Co has Forward P/E of 9.62
- West Fraser Timber Co has Forward P/E of 9.63
- PennantPark Floating Rate Capital Ltd has Forward P/E of 9.64
- JS Global Lifestyle has Forward P/E of 9.64
- Future Consumer has Forward P/E of 9.65
- Mattel has Forward P/E of 9.65
- MLP SE has Forward P/E of 9.65
- AirBoss of America has Forward P/E of 9.66