West Fraser Timber Co P/E
What is the P/E of West Fraser Timber Co?
The P/E of West Fraser Timber Co. Ltd. is 40.28
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
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 p/e similar to West Fraser Timber Co
- COSOL has P/E of 40.20
- Xylem Inc has P/E of 40.21
- So-Young International has P/E of 40.22
- BGC Partners Inc has P/E of 40.27
- Whitestone REIT has P/E of 40.28
- Ducommun has P/E of 40.28
- West Fraser Timber Co has P/E of 40.28
- Insulet has P/E of 40.31
- Sakar Healthcare has P/E of 40.31
- HCL Technologies has P/E of 40.32
- Baby Bunting has P/E of 40.33
- EMIS Plc has P/E of 40.34
- Labcorp has P/E of 40.35