International Paper Co (BSP:I1PC34) Cyclically Adjusted Book per Share: R$122.96 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:I1PC34 International Paper Co BSP:I1PC34
67 GF Score
Price R$186.96
GF Value R$214.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is International Paper Co Cyclically Adjusted Book per Share?

International Paper Co BSP:I1PC34 67 Cyclically Adjusted Book per Share is R$122.96 as of Mar. 2026. GuruFocus rates BSP:I1PC34 with a GF Score™ of 67/100 and a GF Value™ of R$214.01 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

International Paper Co's adjusted book value per share for the three months ended in Mar. 2026 was R$146.279. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$122.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, International Paper Co's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of International Paper Co was 7.60% per year. The lowest was -7.70% per year. And the median was -2.50% per year.

As of today (2026-07-23), International Paper Co's current stock price is R$186.96. International Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$122.96. International Paper Co's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of International Paper Co was 4.00. The lowest was 1.23. And the median was 2.56.


International Paper Co  (BSP:I1PC34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

International Paper Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=186.96/122.96
=1.52

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of International Paper Co was 4.00. The lowest was 1.23. And the median was 2.56.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


International Paper Co Cyclically Adjusted Book per Share Related Terms


International Paper Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for International Paper Co's Cyclically Adjusted Book per Share 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.

International Paper Co Cyclically Adjusted Book per Share Chart

International Paper Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.95 108.01 100.24 135.83 133.42

International Paper Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 127.11 124.14 124.01 133.42 122.96

BSP:I1PC34 vs AMCR, PKG, BALL: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, International Paper Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


International Paper Co Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, International Paper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Paper Co's Cyclically Adjusted PB Ratio falls into.


BSP:I1PC34
67GF Score
International Paper Co BSP:I1PC34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Paper Co Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, International Paper Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=146.279/330.2130*330.2130
=146.279

Current CPI (Mar. 2026) = 330.2130.

International Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 33.502 241.018 45.900
201609 33.301 241.428 45.547
201612 35.405 241.432 48.424
201703 34.655 243.801 46.938
201706 36.274 244.955 48.899
201709 37.280 246.819 49.876
201712 52.043 246.524 69.710
201803 57.369 249.554 75.911
201806 63.117 251.989 82.710
201809 71.420 252.439 93.424
201812 71.369 251.233 93.805
201903 71.674 254.202 93.106
201906 73.238 256.143 94.417
201909 78.177 256.759 100.542
201912 80.740 256.974 103.751
202003 85.297 258.115 109.123
202006 93.143 257.797 119.307
202009 97.436 260.280 123.615
202012 102.789 260.474 130.310
202103 111.609 264.877 139.139
202106 107.467 271.696 130.613
202109 131.184 274.310 157.919
202112 135.688 278.802 160.709
202203 119.334 287.504 137.061
202206 126.095 296.311 140.522
202209 139.908 296.808 155.654
202212 127.234 296.797 141.559
202303 125.922 301.836 137.761
202306 117.892 305.109 127.592
202309 126.779 307.789 136.015
202312 118.305 306.746 127.356
202403 118.832 312.332 125.635
202406 133.296 314.175 140.100
202409 137.552 315.301 144.057
202412 143.526 315.605 150.169
202503 197.377 319.799 203.804
202506 195.579 322.561 200.219
202509 175.925 324.800 178.857
202512 153.204 324.054 156.116
202603 146.279 330.213 146.279

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$122.96 mean?
International Paper Co (BSP:I1PC34) has a Cyclically Adjusted Book per Share of R$122.96 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on International Paper Co and its competitors.
Is International Paper Co's Cyclically Adjusted Book per Share too high?
International Paper Co's current Cyclically Adjusted Book per Share is R$122.96. Overall, International Paper Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Paper Co's Cyclically Adjusted Book per Share compare to AMCR and PKG?
International Paper Co's Cyclically Adjusted Book per Share of R$122.96 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on International Paper Co and its competitors. International Paper Co's current Cyclically Adjusted Book per Share is R$122.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Paper Co stock overvalued right now?
Based on GuruFocus' analysis, International Paper Co (BSP:I1PC34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$214.01, compared to a current price of R$186.96 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$122.96. International Paper Co's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For International Paper Co (BSP:I1PC34), the current Cyclically Adjusted Book per Share is R$122.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is International Paper Co (BSP:I1PC34) Overvalued in 2026?

Based on GuruFocus' analysis, International Paper Co stock appears to be undervalued. The current stock price of R$186.96 is trading 12.6% below its estimated GF Value™ of R$214.01. GuruFocus considers International Paper Co to be Modestly Undervalued.

Key valuation signals for BSP:I1PC34:

  • Cyclically Adjusted Book per Share: R$122.96
  • GF Value™: R$214.01 vs. price of R$186.96 (12.6% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the BSP:I1PC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Paper Co Business Description

Address 6400 Poplar Avenue, Memphis, TN, USA, 38197
International Paper manufactures packaging products. It accounts for roughly one-third of the North American corrugated packaging market. The company also has a substantial presence in Europe following its acquisition of DS Smith. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.
67GF Score

Get the complete analysis for BSP:I1PC34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$186.96
Price
R$214.01
GF Value