CADNF (Cascades) Cyclically Adjusted PB Ratio: 0.61 (As of Jul. 09, 2026) — 29% Below Median


CADNF Cascades Inc CADNF
62 GF Score
Price $8.22
GF Value $156.53
Valuation Possible Value Trap
! 2 Warning Signs
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What is Cascades Cyclically Adjusted PB Ratio?

Cascades CADNF +0.04% 62 Cyclically Adjusted PB Ratio is 0.61 as of Jul. 09, 2026, which is 29% below its 10-year median of 0.86. GuruFocus rates CADNF with a GF Score™ of 62/100 and a GF Value™ of $156.53 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 314 Packaging & Containers companies, Cascades ranks better than 69.75% on this metric.

As of today (2026-07-09), Cascades's current share price is $8.22. Cascades's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.38. Cascades's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for Cascades's Cyclically Adjusted PB Ratio or its related term are showing as below:

CADNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.86   Max: 1.45
Current: 0.62

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

CADNF's Cyclically Adjusted PB Ratio is ranked better than
69.75% of 314 companies
in the Packaging & Containers industry
Industry Median: 1.21 vs CADNF: 0.62

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 adjusted book value per share data for the three months ended in Mar. 2026 was $12.641. 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 $13.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cascades  (OTCPK:CADNF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cascades Cyclically Adjusted PB Ratio Related Terms


Cascades Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cascades's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Cascades Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.53 0.75 0.68 0.68

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 PB Ratio 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 0.54 0.49 0.53 0.68 0.63

CADNF vs SW, PKG, IP: Cyclically Adjusted PB Ratio 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.


CADNF
62GF Score
Cascades Inc CADNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cascades Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.22/13.38
=0.61

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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)
=12.641/132.2623*132.2623
=12.641

Current CPI (Mar. 2026) = 132.2623.

Cascades Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.595 102.002 9.848
201609 7.644 101.765 9.935
201612 7.804 101.449 10.174
201703 9.168 102.634 11.815
201706 11.673 103.029 14.985
201709 12.208 103.345 15.624
201712 11.996 103.345 15.353
201803 12.365 105.004 15.575
201806 12.514 105.557 15.680
201809 12.866 105.636 16.109
201812 11.903 105.399 14.937
201903 11.958 106.979 14.784
201906 12.142 107.690 14.912
201909 12.634 107.611 15.528
201912 12.011 107.769 14.741
202003 11.712 107.927 14.353
202006 12.107 108.401 14.772
202009 11.730 108.164 14.343
202012 13.356 108.559 16.272
202103 13.792 110.298 16.539
202106 14.129 111.720 16.727
202109 13.936 112.905 16.325
202112 14.555 113.774 16.920
202203 14.599 117.646 16.413
202206 14.648 120.806 16.037
202209 14.409 120.648 15.796
202212 13.723 120.964 15.005
202303 12.962 122.702 13.972
202306 13.301 124.203 14.164
202309 13.360 125.230 14.110
202312 12.873 125.072 13.613
202403 12.669 126.258 13.272
202406 12.492 127.522 12.956
202409 12.486 127.285 12.974
202412 11.982 127.364 12.443
202503 11.835 129.181 12.117
202506 12.088 129.892 12.309
202509 12.186 130.287 12.371
202512 12.319 130.366 12.498
202603 12.641 132.262 12.641

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

What does a Cyclically Adjusted PB Ratio of 0.61 mean?
Cascades (CADNF) has a Cyclically Adjusted PB Ratio of 0.61 as of Jul. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Cascades and its competitors. This is 29% below median its historical median of 0.86. Over the past decade, Cascades' Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.45. According to the industry distribution chart, Cascades ranks #95 out of 314 companies in the Packaging & Containers industry, placing it in the top 30.3%.
Is Cascades' Cyclically Adjusted PB Ratio too high?
Cascades' current Cyclically Adjusted PB Ratio of 0.61 is 29% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.45. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.21. Cascades' value of 0.61 is 49.6% below this industry median. Based on the distribution chart, Cascades ranks #95 out of 314 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Cascades has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cascades' Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Cascades ranks #95 out of 314 companies for Cyclically Adjusted PB Ratio. This puts Cascades in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Cascades' value of 0.61 is 49.6% below this benchmark. Historically, Cascades' own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.45 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.21, Cascades has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.21, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cascades's current Cyclically Adjusted PB Ratio of 0.61 is 49.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Cascades and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cascades's current Cyclically Adjusted PB Ratio is 0.61, which is 29% below median its own 10-year median of 0.86. 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?
Based on GuruFocus' analysis, Cascades (CADNF) is currently considered Possible Value Trap. The stock's GF Value™ is $156.53, compared to a current price of $8.22 — trading 94.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 29% below median its 10-year median of 0.86 and 49.6% below the Packaging & Containers industry median of 1.21. Cascades' overall GF Score™ is 62/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Cascades (CADNF), the current Cyclically Adjusted PB Ratio is 0.61 as of Jul. 09, 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 (CADNF) Overvalued in 2026?

Based on GuruFocus' analysis, Cascades stock appears to be undervalued. The current stock price of $8.22 is trading 94.7% below its estimated GF Value™ of $156.53. GuruFocus considers Cascades to be Possible Value Trap.

Key valuation signals for CADNF:

  • Cyclically Adjusted PB Ratio: 0.61 (29% below median its 10-year median of 0.86)
  • GF Value™: $156.53 vs. price of $8.22 (94.7% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 49.6% below the Packaging & Containers median (#95 of 314)

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


Cascades Business Description

Other Exchanges CS6:GermanyCAS:Canada
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.
62GF Score

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

$8.22
Price
$156.53
GF Value