BLRDY (Billerud AB) Cyclically Adjusted PS Ratio: 0.29 (As of Aug. 20, 2026) — 74% Below Median

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.

BLRDY Billerud AB BLRDY
66 GF Score
Price $15.00
GF Value $28.32
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Billerud AB Cyclically Adjusted PS Ratio?

Billerud AB BLRDY -15.78% 66 Cyclically Adjusted PS Ratio is 0.29 as of Aug. 20, 2026, which is 74% below its 10-year median of 1.13. GuruFocus rates BLRDY with a GF Score™ of 66/100 and a GF Value™ of $28.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 250 Forest Products companies, Billerud AB ranks worse than 50.4% on this metric.

As of today (2026-08-20), Billerud AB's current share price is $15.00. Billerud AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $51.53. Billerud AB's Cyclically Adjusted PS Ratio for today is 0.29.

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

BLRDY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.13   Max: 1.76
Current: 0.49

During the past years, Billerud AB's highest Cyclically Adjusted PS Ratio was 1.76. The lowest was 0.40. And the median was 1.13.

BLRDY's Cyclically Adjusted PS Ratio is ranked worse than
50.4% of 250 companies
in the Forest Products industry
Industry Median: 0.485 vs BLRDY: 0.49

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Billerud AB's adjusted revenue per share data for the three months ended in Jun. 2026 was $8.311. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $51.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Billerud AB  (OTCPK:BLRDY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Billerud AB Cyclically Adjusted PS Ratio Related Terms


Billerud AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Billerud AB's Cyclically Adjusted PS 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.

Billerud AB Cyclically Adjusted PS Ratio Chart

Billerud AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 0.96 0.72 0.68 0.61

Billerud AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 0.65 0.55 0.61 0.47 0.40

BLRDY vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Billerud AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Billerud AB Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Billerud AB's Cyclically Adjusted PS Ratio falls into.


BLRDY
66GF Score
Billerud AB BLRDY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Billerud AB Cyclically Adjusted PS Ratio Calculation

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

Billerud AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.00/51.53
=0.29

* 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.

Billerud AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Billerud AB's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.311/134.6100*134.6100
=8.311

Current CPI (Jun. 2026) = 134.6100.

Billerud AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.687 101.138 7.569
201612 5.343 102.022 7.050
201703 5.688 102.022 7.505
201706 5.803 102.752 7.602
201709 6.209 103.279 8.093
201712 5.960 103.793 7.730
201803 6.442 103.962 8.341
201806 6.032 104.875 7.742
201809 6.083 105.679 7.748
201812 5.825 105.912 7.403
201903 6.309 105.886 8.020
201906 6.027 106.742 7.601
201909 5.406 107.214 6.787
201912 5.552 107.766 6.935
202003 5.825 106.563 7.358
202006 5.916 107.498 7.408
202009 5.656 107.635 7.073
202012 6.218 108.296 7.729
202103 6.875 108.360 8.540
202106 7.489 108.928 9.255
202109 6.750 110.338 8.235
202112 9.122 112.486 10.916
202203 7.476 114.825 8.764
202206 9.309 118.384 10.585
202209 8.698 122.296 9.574
202212 9.271 126.365 9.876
202303 8.836 127.042 9.362
202306 7.439 129.407 7.738
202309 7.412 130.224 7.662
202312 7.504 131.912 7.657
202403 8.056 132.205 8.203
202406 8.256 132.716 8.374
202409 8.489 132.304 8.637
202412 8.395 132.987 8.497
202503 8.810 132.825 8.928
202506 8.628 133.699 8.687
202509 8.498 133.480 8.570
202512 7.994 133.390 8.067
202603 8.480 133.560 8.547
202606 8.311 134.610 8.311

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.29 mean?
Billerud AB (BLRDY) has a Cyclically Adjusted PS Ratio of 0.29 as of Aug. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Billerud AB and its competitors. This is 74% below median its historical median of 1.13. Over the past decade, Billerud AB's Cyclically Adjusted PS Ratio has ranged from 0.40 to 1.76. According to the industry distribution chart, Billerud AB ranks #126 out of 250 companies in the Forest Products industry, placing it in the top 50.4%.
Is Billerud AB's Cyclically Adjusted PS Ratio too high?
Billerud AB's current Cyclically Adjusted PS Ratio of 0.29 is 74% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.76. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.49. Billerud AB's value of 0.29 is 40.2% below this industry median. Based on the distribution chart, Billerud AB ranks #126 out of 250 companies in the Forest Products industry, which is below the industry midpoint. Overall, Billerud AB has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Billerud AB's Cyclically Adjusted PS Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Billerud AB ranks #126 out of 250 companies for Cyclically Adjusted PS Ratio. This places Billerud AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Billerud AB's value of 0.29 is 40.2% below this benchmark. Historically, Billerud AB's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 1.76 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.49, Billerud AB 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 PS Ratio for a Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.49, based on 250 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Billerud AB's current Cyclically Adjusted PS Ratio of 0.29 is 40.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Billerud AB and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Billerud AB's current Cyclically Adjusted PS Ratio is 0.29, which is 74% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Billerud AB stock overvalued right now?
Based on GuruFocus' analysis, Billerud AB (BLRDY) is currently considered Possible Value Trap. The stock's GF Value™ is $28.32, compared to a current price of $15.00 — trading 47% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 74% below median its 10-year median of 1.13 and 40.2% below the Forest Products industry median of 0.49. Billerud AB's overall GF Score™ is 66/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Billerud AB (BLRDY), the current Cyclically Adjusted PS Ratio is 0.29 as of Aug. 20, 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 Billerud AB (BLRDY) Overvalued in 2026?

Based on GuruFocus' analysis, Billerud AB stock appears to be undervalued. The current stock price of $15.00 is trading 47% below its estimated GF Value™ of $28.32. GuruFocus considers Billerud AB to be Possible Value Trap.

Key valuation signals for BLRDY:

  • Cyclically Adjusted PS Ratio: 0.29 (74% below median its 10-year median of 1.13)
  • GF Value™: $28.32 vs. price of $15.00 (47% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 40.2% below the Forest Products median (#126 of 250)

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


Billerud AB Business Description

Address Evenemangsgatan 17, P.O. Box 703, Solna, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated sheets, Web papers, Hardwood Pulp, and Containerboard, among others. The company has has three operating segments: Region Europe, Region North America and Other. The majority of revenue is derived from the Region Europe segment.
66GF Score

Get the complete analysis for BLRDY

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

$15.00
Price
$28.32
GF Value