International Paper Co (XSWX:IP) Cyclically Adjusted PB Ratio: 1.66 (As of Aug. 09, 2026) — 35% Below Median

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XSWX:IP International Paper Co XSWX:IP
68 GF Score
Price CHF33.58
GF Value CHF34.59
! 4 Warning Signs
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What is International Paper Co Cyclically Adjusted PB Ratio?

International Paper Co XSWX:IP 68 Cyclically Adjusted PB Ratio is 1.66 as of Aug. 09, 2026, which is 35% below its 10-year median of 2.55. GuruFocus rates XSWX:IP with a GF Score™ of 68/100 and a GF Value™ of CHF34.59. The stock has 4 warning signs investors should review. Among 312 Packaging & Containers companies, International Paper Co ranks worse than 62.18% on this metric.

As of today (2026-08-09), International Paper Co's current share price is CHF33.575. International Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF20.17. International Paper Co's Cyclically Adjusted PB Ratio for today is 1.66.

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

XSWX:IP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.55   Max: 4
Current: 1.65

During the past years, International Paper Co's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 1.23. And the median was 2.55.

XSWX:IP's Cyclically Adjusted PB Ratio is ranked worse than
62.18% of 312 companies
in the Packaging & Containers industry
Industry Median: 1.175 vs XSWX:IP: 1.65

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.

International Paper Co's adjusted book value per share data for the three months ended in Jun. 2026 was CHF21.820. 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 CHF20.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Paper Co  (XSWX:IP) 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.


International Paper Co Cyclically Adjusted PB Ratio Related Terms


International Paper Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for International Paper Co'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.

International Paper Co Cyclically Adjusted PB Ratio Chart

International Paper Co 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 2.63 1.77 1.76 2.51 1.66

International Paper Co 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 2.05 1.98 1.66 1.45 1.51

XSWX:IP vs PKG, AMCR, SW: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, International Paper Co'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.


International Paper Co Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

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

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


XSWX:IP
68GF Score
International Paper Co XSWX:IP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Paper Co 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.

International Paper Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.575/20.17
=1.66

* 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.

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

For example, International Paper Co'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)
=21.82/333.9520*333.9520
=21.820

Current CPI (Jun. 2026) = 333.9520.

International Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.962 241.428 13.780
201612 10.761 241.432 14.885
201703 11.097 243.801 15.200
201706 10.656 244.955 14.528
201709 11.455 246.819 15.499
201712 15.589 246.524 21.118
201803 16.586 249.554 22.195
201806 16.570 251.989 21.960
201809 16.832 252.439 22.267
201812 18.229 251.233 24.231
201903 18.671 254.202 24.529
201906 18.767 256.143 24.468
201909 18.799 256.759 24.451
201912 19.329 256.974 25.119
202003 16.746 258.115 21.666
202006 17.078 257.797 22.123
202009 16.508 260.280 21.181
202012 17.750 260.474 22.757
202103 18.416 264.877 23.219
202106 19.401 271.696 23.847
202109 22.932 274.310 27.918
202112 22.099 278.802 26.470
202203 22.287 287.504 25.888
202206 24.236 296.311 27.315
202209 25.969 296.808 29.219
202212 22.597 296.797 25.426
202303 22.375 301.836 24.756
202306 21.870 305.109 23.937
202309 23.093 307.789 25.056
202312 20.880 306.746 22.732
202403 21.204 312.332 22.672
202406 22.120 314.175 23.512
202409 21.043 315.301 22.288
202412 20.975 315.605 22.194
202503 30.288 319.799 31.628
202506 28.678 322.561 29.691
202509 26.115 324.800 26.851
202512 22.378 324.054 23.062
202603 22.022 330.213 22.271
202606 21.820 333.952 21.820

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 1.66 mean?
International Paper Co (XSWX:IP) has a Cyclically Adjusted PB Ratio of 1.66 as of Aug. 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 International Paper Co and its competitors. This is 35% below median its historical median of 2.55. Over the past decade, International Paper Co's Cyclically Adjusted PB Ratio has ranged from 1.23 to 4.00. According to the industry distribution chart, International Paper Co ranks #194 out of 312 companies in the Packaging & Containers industry, placing it in the top 62.2%.
Is International Paper Co's Cyclically Adjusted PB Ratio too high?
International Paper Co's current Cyclically Adjusted PB Ratio of 1.66 is 35% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 4.00. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.18. International Paper Co's value of 1.66 is 41.3% above this industry median. Based on the distribution chart, International Paper Co ranks #194 out of 312 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, International Paper Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does International Paper Co's Cyclically Adjusted PB Ratio compare to PKG and AMCR?
According to the Packaging & Containers industry distribution chart, International Paper Co ranks #194 out of 312 companies for Cyclically Adjusted PB Ratio. This places International Paper Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. International Paper Co's value of 1.66 is 41.3% above this benchmark. Historically, International Paper Co's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 4.00 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.18, International Paper Co 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.18, based on 312 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. International Paper Co's current Cyclically Adjusted PB Ratio of 1.66 is 41.3% 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 International Paper Co and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Paper Co's current Cyclically Adjusted PB Ratio is 1.66, which is 35% below median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Paper Co stock overvalued right now?
International Paper Co (XSWX:IP) has a current Cyclically Adjusted PB Ratio of 1.66. The stock's GF Value™ is CHF34.59, compared to a current price of CHF33.58 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.66, which is 35% below median its 10-year median of 2.55 and 41.3% above the Packaging & Containers industry median of 1.18. International Paper Co's overall GF Score™ is 68/100 with 4 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 International Paper Co (XSWX:IP), the current Cyclically Adjusted PB Ratio is 1.66 as of Aug. 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 International Paper Co (XSWX:IP) Overvalued in 2026?

Based on GuruFocus' analysis, International Paper Co stock appears to be undervalued. The current stock price of CHF33.58 is trading 2.9% below its estimated GF Value™ of CHF34.59.

Key valuation signals for XSWX:IP:

  • Cyclically Adjusted PB Ratio: 1.66 (35% below median its 10-year median of 2.55)
  • GF Value™: CHF34.59 vs. price of CHF33.58 (2.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 41.3% above the Packaging & Containers median (#194 of 312)

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


International Paper Co Business Description

Address 6400 Poplar Avenue, Memphis, TN, USA, 38197
International Paper manufactures packaging products. It accounts for roughly one-third of the North American corrugated packaging market. The company also has a substantial presence in Europe following its acquisition of DS Smith. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.
68GF Score

Get the complete analysis for XSWX:IP

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

CHF33.58
Price
CHF34.59
GF Value