Mitsubishi Paper Mills (FRA:MPX) Cyclically Adjusted PB Ratio: 0.62 (As of Jul. 16, 2026) — 77% Above Median

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FRA:MPX Mitsubishi Paper Mills Ltd FRA:MPX
38 GF Score
Price €5.90
GF Value €2.69
! 10 Warning Signs
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What is Mitsubishi Paper Mills Cyclically Adjusted PB Ratio?

Mitsubishi Paper Mills FRA:MPX +2.61% 38 Cyclically Adjusted PB Ratio is 0.62 as of Jul. 16, 2026, which is 77% above its 10-year median of 0.35. GuruFocus rates FRA:MPX with a GF Score™ of 38/100 and a GF Value™ of €2.69. The stock has 10 warning signs investors should review. Among 244 Forest Products companies, Mitsubishi Paper Mills ranks better than 61.07% on this metric.

As of today (2026-07-16), Mitsubishi Paper Mills's current share price is €5.90. Mitsubishi Paper Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.51. Mitsubishi Paper Mills's Cyclically Adjusted PB Ratio for today is 0.62.

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

FRA:MPX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.35   Max: 0.62
Current: 0.56

During the past years, Mitsubishi Paper Mills's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.17. And the median was 0.35.

FRA:MPX's Cyclically Adjusted PB Ratio is ranked better than
61.07% of 244 companies
in the Forest Products industry
Industry Median: 0.775 vs FRA:MPX: 0.56

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.

Mitsubishi Paper Mills's adjusted book value per share data for the three months ended in Mar. 2026 was €12.836. 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 €9.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Paper Mills  (FRA:MPX) 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.


Mitsubishi Paper Mills Cyclically Adjusted PB Ratio Related Terms


Mitsubishi Paper Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Paper Mills'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.

Mitsubishi Paper Mills Cyclically Adjusted PB Ratio Chart

Mitsubishi Paper Mills Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.22 0.38 0.38 0.46

Mitsubishi Paper Mills 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 0.38 0.36 0.39 0.37 0.46

Mitsubishi Paper Mills Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Mitsubishi Paper Mills'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.


Mitsubishi Paper Mills Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:MPX
38GF Score
Mitsubishi Paper Mills Ltd FRA:MPX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Paper Mills 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.

Mitsubishi Paper Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.90/9.51
=0.62

* 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.

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

For example, Mitsubishi Paper Mills'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)
=12.836/112.7000*112.7000
=12.836

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Paper Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.654 98.100 13.388
201609 12.322 98.000 14.170
201612 12.199 98.400 13.972
201703 13.174 98.100 15.135
201706 12.567 98.500 14.379
201709 12.053 98.800 13.749
201712 12.144 99.400 13.769
201803 13.364 99.200 15.183
201806 13.126 99.200 14.912
201809 13.168 99.900 14.855
201812 12.546 99.700 14.182
201903 11.829 99.700 13.371
201906 11.801 99.800 13.326
201909 12.448 100.100 14.015
201912 11.987 100.500 13.442
202003 11.391 100.300 12.799
202006 10.913 99.900 12.311
202009 10.546 99.900 11.897
202012 10.326 99.300 11.719
202103 10.884 99.900 12.279
202106 10.490 99.500 11.882
202109 11.154 100.100 12.558
202112 11.210 100.100 12.621
202203 11.990 101.100 13.366
202206 10.912 101.800 12.080
202209 10.908 103.100 11.924
202212 10.469 104.100 11.334
202303 11.506 104.400 12.421
202306 10.968 105.200 11.750
202309 10.917 106.200 11.585
202312 10.512 106.800 11.093
202403 12.751 107.200 13.405
202406 12.190 108.200 12.697
202409 12.880 108.900 13.329
202412 12.909 110.700 13.142
202503 12.071 111.100 12.245
202506 11.269 111.700 11.370
202509 10.875 112.000 10.943
202512 10.310 113.000 10.283
202603 12.836 112.700 12.836

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 0.62 mean?
Mitsubishi Paper Mills (FRA:MPX) has a Cyclically Adjusted PB Ratio of 0.62 as of Jul. 16, 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 Mitsubishi Paper Mills and its competitors. This is 77% above median its historical median of 0.35. Over the past decade, Mitsubishi Paper Mills' Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.62. According to the industry distribution chart, Mitsubishi Paper Mills ranks #95 out of 244 companies in the Forest Products industry, placing it in the top 38.9%.
Is Mitsubishi Paper Mills' Cyclically Adjusted PB Ratio too high?
Mitsubishi Paper Mills' current Cyclically Adjusted PB Ratio of 0.62 is 77% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.62. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.78. Mitsubishi Paper Mills' value of 0.62 is 20% below this industry median. Based on the distribution chart, Mitsubishi Paper Mills ranks #95 out of 244 companies in the Forest Products industry, which is above the industry midpoint. Overall, Mitsubishi Paper Mills has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Paper Mills' Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Mitsubishi Paper Mills ranks #95 out of 244 companies for Cyclically Adjusted PB Ratio. This puts Mitsubishi Paper Mills in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.78. Mitsubishi Paper Mills' value of 0.62 is 20% below this benchmark. Historically, Mitsubishi Paper Mills' own Cyclically Adjusted PB Ratio has ranged from 0.17 to 0.62 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.78, Mitsubishi Paper Mills 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.78, based on 244 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. Mitsubishi Paper Mills's current Cyclically Adjusted PB Ratio of 0.62 is 20% 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 Mitsubishi Paper Mills and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Paper Mills's current Cyclically Adjusted PB Ratio is 0.62, which is 77% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Paper Mills stock overvalued right now?
Mitsubishi Paper Mills (FRA:MPX) has a current Cyclically Adjusted PB Ratio of 0.62. The stock's GF Value™ is €2.69, compared to a current price of €5.90 — trading 119.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 77% above median its 10-year median of 0.35 and 20% below the Forest Products industry median of 0.78. Mitsubishi Paper Mills' overall GF Score™ is 38/100 with 10 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 Mitsubishi Paper Mills (FRA:MPX), the current Cyclically Adjusted PB Ratio is 0.62 as of Jul. 16, 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 Mitsubishi Paper Mills (FRA:MPX) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Paper Mills stock appears to be overvalued. The current stock price of €5.90 is trading 119.3% above its estimated GF Value™ of €2.69.

Key valuation signals for FRA:MPX:

  • Cyclically Adjusted PB Ratio: 0.62 (77% above median its 10-year median of 0.35)
  • GF Value™: €2.69 vs. price of €5.90 (119.3% above fair value)
  • GF Score™: 38/100 with 10 warning signs
  • Industry Position: 20% below the Forest Products median (#95 of 244)

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


Mitsubishi Paper Mills Business Description

Other Exchanges 3864:Japan
Address 2-10-14 Ryogoku, Sumida-ku, Tokyo, JPN, 130-0026
Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.
38GF 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.

€5.90
Price
€2.69
GF Value