Cascades (FRA:CS6) Cyclically Adjusted Book per Share: €11.65 (As of Mar. 2026)


FRA:CS6 Cascades Inc FRA:CS6
61 GF Score
Price €7.30
GF Value €137.08
! 2 Warning Signs
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What is Cascades Cyclically Adjusted Book per Share?

Cascades FRA:CS6 +0.69% 61 Cyclically Adjusted Book per Share is €11.65 as of Mar. 2026. GuruFocus rates FRA:CS6 with a GF Score™ of 61/100 and a GF Value™ of €137.08. The stock has 2 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.

Cascades's adjusted book value per share for the three months ended in Mar. 2026 was €10.934. 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 €11.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cascades's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Cascades was 8.00% per year. The lowest was -2.30% per year. And the median was 2.60% per year.

As of today (2026-06-29), Cascades's current stock price is €7.30. Cascades's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.65. Cascades's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cascades was 1.45. The lowest was 0.47. And the median was 0.86.


Cascades  (FRA:CS6) 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.

Cascades's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.30/11.65
=0.63

* 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 Cascades was 1.45. The lowest was 0.47. And the median was 0.86.


Be Aware

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


Cascades Cyclically Adjusted Book per Share Related Terms


Cascades Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cascades'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.

Cascades Cyclically Adjusted Book per Share Chart

Cascades 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 9.81 10.95 11.20 11.29 11.25

Cascades 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 11.47 11.20 11.02 11.25 11.65

FRA:CS6 vs SW, PKG, IP: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, Cascades'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.


Cascades Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

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

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


FRA:CS6
61GF Score
Cascades Inc FRA:CS6
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cascades 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, Cascades'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)
=10.934/132.2623*132.2623
=10.934

Current CPI (Mar. 2026) = 132.2623.

Cascades Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.760 102.002 8.765
201609 6.811 101.765 8.852
201612 7.398 101.449 9.645
201703 8.572 102.634 11.047
201706 10.389 103.029 13.337
201709 10.242 103.345 13.108
201712 10.137 103.345 12.974
201803 10.028 105.004 12.631
201806 10.712 105.557 13.422
201809 11.026 105.636 13.805
201812 10.463 105.399 13.130
201903 10.583 106.979 13.084
201906 10.746 107.690 13.198
201909 11.472 107.611 14.100
201912 10.810 107.769 13.267
202003 10.599 107.927 12.989
202006 10.751 108.401 13.117
202009 9.959 108.164 12.178
202012 10.979 108.559 13.376
202103 11.585 110.298 13.892
202106 11.727 111.720 13.883
202109 11.846 112.905 13.877
202112 12.881 113.774 14.974
202203 13.256 117.646 14.903
202206 13.857 120.806 15.171
202209 14.553 120.648 15.954
202212 12.954 120.964 14.164
202303 12.106 122.702 13.049
202306 12.277 124.203 13.074
202309 12.518 125.230 13.221
202312 11.804 125.072 12.483
202403 11.655 126.258 12.209
202406 11.605 127.522 12.036
202409 11.249 127.285 11.689
202412 11.443 127.364 11.883
202503 10.947 129.181 11.208
202506 10.481 129.892 10.672
202509 10.382 130.287 10.539
202512 10.521 130.366 10.674
202603 10.934 132.262 10.934

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 €11.65 mean?
Cascades (FRA:CS6) has a Cyclically Adjusted Book per Share of €11.65 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 Cascades and its competitors.
Is Cascades' Cyclically Adjusted Book per Share too high?
Cascades' current Cyclically Adjusted Book per Share is €11.65. Overall, Cascades has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cascades' Cyclically Adjusted Book per Share compare to SW and PKG?
Cascades' Cyclically Adjusted Book per Share of €11.65 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 Cascades and its competitors. Cascades's current Cyclically Adjusted Book per Share is €11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cascades stock overvalued right now?
Cascades (FRA:CS6) has a current Cyclically Adjusted Book per Share of €11.65. The stock's GF Value™ is €137.08, compared to a current price of €7.30 — trading 94.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €11.65. Cascades' overall GF Score™ is 61/100 with 2 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 Cascades (FRA:CS6), the current Cyclically Adjusted Book per Share is €11.65 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 Cascades (FRA:CS6) Overvalued in 2026?

Based on GuruFocus' analysis, Cascades stock appears to be undervalued. The current stock price of €7.30 is trading 94.7% below its estimated GF Value™ of €137.08.

Key valuation signals for FRA:CS6:

  • Cyclically Adjusted Book per Share: €11.65
  • GF Value™: €137.08 vs. price of €7.30 (94.7% below fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the FRA:CS6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cascades Business Description

Address 404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, the accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into two main business segments: Packaging Products and Tissue Papers. A majority of its revenue is generated from the Packaging Product segment. Geographically, the company generates the majority of its revenue from the operations located in Canada.
61GF Score

Get the complete analysis for FRA:CS6

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

€7.30
Price
€137.08
GF Value