West Coast Paper Mills (NSE:WSTCSTPAPR) Cyclically Adjusted PB Ratio: 1.71 (As of Jul. 27, 2026) — Near Median

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NSE:WSTCSTPAPR West Coast Paper Mills Ltd NSE:WSTCSTPAPR
89 GF Score
Price ₹581.70
GF Value ₹539.25
Valuation Fairly Valued
! 8 Warning Signs
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What is West Coast Paper Mills Cyclically Adjusted PB Ratio?

West Coast Paper Mills NSE:WSTCSTPAPR +5.09% 89 Cyclically Adjusted PB Ratio is 1.71 as of Jul. 27, 2026, which is 2% above its 10-year median of 1.67. GuruFocus rates NSE:WSTCSTPAPR with a GF Score™ of 89/100 and a GF Value™ of ₹539.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 244 Forest Products companies, West Coast Paper Mills ranks worse than 77.46% on this metric.

As of today (2026-07-27), West Coast Paper Mills's current share price is ₹581.70. West Coast Paper Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹341.00. West Coast Paper Mills's Cyclically Adjusted PB Ratio for today is 1.71.

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

NSE:WSTCSTPAPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.67   Max: 3.5
Current: 1.62

During the past years, West Coast Paper Mills's highest Cyclically Adjusted PB Ratio was 3.50. The lowest was 0.83. And the median was 1.67.

NSE:WSTCSTPAPR's Cyclically Adjusted PB Ratio is ranked worse than
77.46% of 244 companies
in the Forest Products industry
Industry Median: 0.745 vs NSE:WSTCSTPAPR: 1.62

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.

West Coast Paper Mills's adjusted book value per share data for the three months ended in Mar. 2026 was ₹546.230. 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 ₹341.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Coast Paper Mills  (NSE:WSTCSTPAPR) 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.


West Coast Paper Mills Cyclically Adjusted PB Ratio Related Terms


West Coast Paper Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for West Coast 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.

West Coast Paper Mills Cyclically Adjusted PB Ratio Chart

West Coast 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 1.93 2.71 2.50 1.44 1.19

West Coast 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 1.44 0.00 1.49 0.00 1.19

West Coast Paper Mills Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, West Coast 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.


West Coast Paper Mills Cyclically Adjusted PB Ratio vs Forest Products Industry

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

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


NSE:WSTCSTPAPR
89GF Score
West Coast Paper Mills Ltd NSE:WSTCSTPAPR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

West Coast 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=581.70/341.00
=1.71

* 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.

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

For example, West Coast 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)
=546.23/164.2724*164.2724
=546.230

Current CPI (Mar. 2026) = 164.2724.

West Coast Paper Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 105.961 0.000
201609 83.349 105.961 129.217
201612 0.000 105.196 0.000
201703 96.769 105.196 151.113
201706 0.000 107.109 0.000
201709 109.171 109.021 164.498
201712 0.000 109.404 0.000
201803 127.017 109.786 190.054
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 167.057 118.202 232.169
201906 0.000 120.880 0.000
201909 188.874 123.175 251.892
201912 0.000 126.235 0.000
202003 210.185 124.705 276.874
202006 0.000 127.000 0.000
202009 198.635 130.118 250.774
202012 0.000 130.889 0.000
202103 210.278 131.771 262.144
202106 0.000 134.084 0.000
202109 225.024 135.847 272.109
202112 0.000 138.161 0.000
202203 255.296 138.822 302.100
202206 0.000 142.347 0.000
202209 308.622 144.661 350.461
202212 0.000 145.763 0.000
202303 390.733 146.865 437.046
202306 0.000 150.280 0.000
202309 448.423 151.492 486.254
202312 0.000 152.924 0.000
202403 490.803 153.035 526.845
202406 0.000 155.789 0.000
202409 518.145 157.882 539.117
202412 0.000 158.323 0.000
202503 528.611 157.552 551.160
202506 0.000 159.755 0.000
202509 535.741 162.289 542.288
202512 0.000 163.281 0.000
202603 546.230 164.272 546.230

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 1.71 mean?
West Coast Paper Mills (NSE:WSTCSTPAPR) has a Cyclically Adjusted PB Ratio of 1.71 as of Jul. 27, 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 West Coast Paper Mills and its competitors. This is near median its historical median of 1.67. Over the past decade, West Coast Paper Mills' Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.50. According to the industry distribution chart, West Coast Paper Mills ranks #189 out of 244 companies in the Forest Products industry, placing it in the top 77.5%.
Is West Coast Paper Mills' Cyclically Adjusted PB Ratio too high?
West Coast Paper Mills' current Cyclically Adjusted PB Ratio of 1.71 is near median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.50. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.75. West Coast Paper Mills' value of 1.71 is 129.5% above this industry median. Based on the distribution chart, West Coast Paper Mills ranks #189 out of 244 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, West Coast Paper Mills has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does West Coast Paper Mills' Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, West Coast Paper Mills ranks #189 out of 244 companies for Cyclically Adjusted PB Ratio. This places West Coast Paper Mills in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.75. West Coast Paper Mills' value of 1.71 is 129.5% above this benchmark. Historically, West Coast Paper Mills' own Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.50 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 0.75, West Coast Paper Mills has consistently been above 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 0.75, 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. West Coast Paper Mills's current Cyclically Adjusted PB Ratio of 1.71 is 129.5% above 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 West Coast Paper Mills and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Coast Paper Mills's current Cyclically Adjusted PB Ratio is 1.71, which is near median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Coast Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, West Coast Paper Mills (NSE:WSTCSTPAPR) is currently considered Fairly Valued. The stock's GF Value™ is ₹539.25, compared to a current price of ₹581.70 — trading 7.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is near median its 10-year median of 1.67 and 129.5% above the Forest Products industry median of 0.75. West Coast Paper Mills' overall GF Score™ is 89/100 with 8 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 West Coast Paper Mills (NSE:WSTCSTPAPR), the current Cyclically Adjusted PB Ratio is 1.71 as of Jul. 27, 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 West Coast Paper Mills (NSE:WSTCSTPAPR) Overvalued in 2026?

Based on GuruFocus' analysis, West Coast Paper Mills stock appears to be overvalued. The current stock price of ₹581.70 is trading 7.9% above its estimated GF Value™ of ₹539.25. GuruFocus considers West Coast Paper Mills to be Fairly Valued.

Key valuation signals for NSE:WSTCSTPAPR:

  • Cyclically Adjusted PB Ratio: 1.71 (near median its 10-year median of 1.67)
  • GF Value™: ₹539.25 vs. price of ₹581.70 (7.9% above fair value)
  • GF Score™: 89/100 with 8 warning signs
  • Industry Position: 129.5% above the Forest Products median (#189 of 244)

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


West Coast Paper Mills Business Description

Other Exchanges 500444:India
Address No. 31, Jawaharlal Nehru Road, Kolkata, WB, IND, 700 016
West Coast Paper Mills Ltd is engaged in the production of paper and related products. The company's operating segments include Paper, Cables, and Others. The company generates maximum revenue from the Paper segment. The company's product portfolio includes Printing and Writing Paper, MG Variety, Premium Printing Paper, Security and Hi-Value Grade Papers, Business Stationery, Cup Stock, and Coated Duplex Boards. Geographically, all the operations have functioned through the Indian market.
89GF Score

Get the complete analysis for NSE:WSTCSTPAPR

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

₹581.70
Price
₹539.25
GF Value