Rayonier Inc
NYSE: RYN · REAL ESTATE · REIT - SPECIALTY
Updated 2026-04-29
Rayonier Inc (RYN) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for RYN.
Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.
RYN historical valuation range
Where current P/E sits in RYN's own 5Y range.
RYN intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Standard discounted cash flow models produce unreliable output for unprofitable or near-breakeven companies. Revenue-based multiples such as P/S and EV/Sales, combined with the historical valuation position above, give a more reliable read for this stock.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
RYN valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 45.15x
P/S Ratio — History
Current: 13.31x
Is RYN overvalued in 2026?
Rayonier Inc (RYN) currently trades at $21.22 per share with a market capitalization of $6,450,481,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 42/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 45.1x, above its 5-year median of 39.4x. The PEG ratio of 23.24 indicates the price has run ahead of the underlying growth rate.
Looking at its own history, RYN is currently trading more expensive than 64% of the last 5Y on P/E. This places it in the 64th percentile of its historical range, a reasonable but unremarkable position.
A standard DCF model does not produce reliable output for RYN under current conditions. For unprofitable or near-breakeven companies, revenue-based multiples such as EV/Sales and historical P/S percentile are more informative than intrinsic value calculations.
Financial quality is a concern. The Piotroski F-Score of 3/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: RYN appears richly valued on our framework, with a Smart Value Score of 42/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.
Frequently asked questions
Is RYN overvalued in 2026?
Based on a Smart Value Score of 42/100, RYN appears overvalued. Current price exceeds what fundamentals currently justify.
What is RYN's fair value?
Standard DCF is unreliable for RYN due to its current profitability profile. Revenue-based approaches such as EV/Sales or historical P/S percentile are more informative for this stock.
What P/E ratio does RYN trade at?
RYN trades at a P/E of 45.1x on trailing twelve-month earnings, compared to its 5-year median of 39.4x.
Is RYN a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 42/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.
How does RYN's valuation compare to its history?
On P/E, RYN currently sits in the 64th percentile of its own 5Y range. That is above its long-run median relative to where it has traded over the period.
What is RYN's Smart Value Score?
RYN's Smart Value Score is 42/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.