JK Paper (NSE:JKPAPER) Cyclically Adjusted PB Ratio: (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:JKPAPER JK Paper Ltd NSE:JKPAPER
84 GF Score
Price ₹396.55
GF Value ₹408.06
Valuation Fairly Valued
! 6 Warning Signs
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What is JK Paper Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JK Paper  (NSE:JKPAPER) 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.


JK Paper Cyclically Adjusted PB Ratio Related Terms


JK Paper Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JK Paper'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.

JK Paper Cyclically Adjusted PB Ratio Chart

JK Paper 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 0.00 0.00 0.00 1.74 1.50

JK Paper Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 1.99 0.00 1.50 0.00

JK Paper Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, JK Paper'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.


JK Paper Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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


NSE:JKPAPER
84GF Score
JK Paper Ltd NSE:JKPAPER
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JK Paper 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

JK Paper Quarterly Data

Book Value per Share CPI Adj_Book
201203 62.290 76.889 135.582
201303 64.070 85.687 125.137
201403 58.570 91.425 107.215
201503 73.189 97.163 126.064
201603 80.668 102.518 131.688
201703 84.718 105.196 134.779
201803 93.623 109.786 142.718
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 114.343 118.202 161.893
201906 0.000 120.880 0.000
201909 125.587 123.175 170.634
201912 0.000 126.235 0.000
202003 132.711 124.705 178.101
202006 0.000 127.000 0.000
202009 135.919 130.118 174.819
202012 0.000 130.889 0.000
202103 148.527 131.771 188.639
202106 0.000 134.084 0.000
202109 157.948 135.847 194.585
202112 0.000 138.161 0.000
202203 176.860 138.822 213.214
202206 0.000 142.347 0.000
202209 206.192 144.661 238.542
202212 0.000 145.763 0.000
202303 238.132 146.865 271.360
202306 0.000 150.280 0.000
202309 272.048 151.492 300.539
202312 0.000 152.924 0.000
202403 299.259 153.035 327.267
202406 0.000 155.789 0.000
202409 311.081 157.882 329.750
202412 0.000 158.323 0.000
202503 317.123 157.552 336.860
202506 0.000 159.755 0.000
202509 322.870 162.289 332.953
202512 0.000 163.281 0.000
202603 304.465 164.272 310.183
202606 0.000 167.357 0.000

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.

Is JK Paper (NSE:JKPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, JK Paper stock appears to be undervalued. The current stock price of ₹396.55 is trading 2.8% below its estimated GF Value™ of ₹408.06. GuruFocus considers JK Paper to be Fairly Valued.

Key valuation signals for NSE:JKPAPER:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹408.06 vs. price of ₹396.55 (2.8% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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


JK Paper Business Description

Other Exchanges 532162:India
Address 4 Bahadur Shah Zafar Marg, Nehru House, 3rd Floor, New Delhi, IND, 110 002
JK Paper Ltd is a paper manufacturing company. Its products are paper and paper board. The company offers various categories of paper products including official documentation; uncoated writing and printing paper; coated paper and board; and packaging board, carton board, and container board to service the varied needs of the packaging industry. It markets the products through the distribution network of distributors, depots, regional marketing offices, and other dealers. The product brands of the company include JK Endura, JK Copier, JK Easy Copier, and Others. The majority of the company's revenue comes from India.
84GF Score

Get the complete analysis for NSE:JKPAPER

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

₹396.55
Price
₹408.06
GF Value