Klabin (BSP:KLBN3) Cyclically Adjusted PS Ratio: (As of Aug. 10, 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.

BSP:KLBN3 Klabin SA BSP:KLBN3
57 GF Score
Price R$3.62
GF Value R$4.17
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Klabin Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Klabin  (BSP:KLBN3) 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.


Klabin Cyclically Adjusted PS Ratio Related Terms


Klabin Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Klabin'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.

Klabin Cyclically Adjusted PS Ratio Chart

Klabin 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 2.80 1.73 1.69 1.83 1.28

Klabin 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 1.32 1.23 1.28 1.27 0.00

BSP:KLBN3 vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Klabin'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.


Klabin Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


BSP:KLBN3
57GF Score
Klabin SA BSP:KLBN3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Klabin 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.

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

For example, Klabin'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)
=0.837/177.5443*177.5443
=0.837

Current CPI (Jun. 2026) = 177.5443.

Klabin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.326 109.986 0.526
201612 0.366 110.802 0.586
201703 0.320 111.869 0.508
201706 0.340 112.115 0.538
201709 0.381 112.777 0.600
201712 0.394 114.068 0.613
201803 0.375 114.868 0.580
201806 0.439 117.038 0.666
201809 0.479 117.881 0.721
201812 0.478 118.340 0.717
201903 0.426 120.124 0.630
201906 0.444 120.977 0.652
201909 0.423 121.292 0.619
201912 0.462 123.436 0.665
202003 0.442 124.092 0.632
202006 0.397 123.557 0.570
202009 0.515 125.095 0.731
202012 0.520 129.012 0.716
202103 0.569 131.660 0.767
202106 0.668 133.871 0.886
202109 0.715 137.913 0.920
202112 0.749 141.992 0.937
202203 0.724 146.537 0.877
202206 0.824 149.784 0.977
202209 0.898 147.800 1.079
202212 0.832 150.207 0.983
202303 0.789 153.352 0.913
202306 0.700 154.519 0.804
202309 0.718 155.464 0.820
202312 1.154 157.148 1.304
202403 0.722 159.372 0.804
202406 0.805 161.052 0.887
202409 1.092 162.342 1.194
202412 0.970 164.740 1.045
202503 0.791 168.102 0.835
202506 0.863 169.670 0.903
202509 0.885 170.739 0.920
202512 0.841 171.765 0.869
202603 0.805 175.066 0.816
202606 0.837 177.544 0.837

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.

Is Klabin (BSP:KLBN3) Overvalued in 2026?

Based on GuruFocus' analysis, Klabin stock appears to be undervalued. The current stock price of R$3.62 is trading 13.2% below its estimated GF Value™ of R$4.17. GuruFocus considers Klabin to be Modestly Undervalued.

Key valuation signals for BSP:KLBN3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$4.17 vs. price of R$3.62 (13.2% below fair value)
  • GF Score™: 57/100 with 10 warning signs

No single metric tells the full story. See the BSP:KLBN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Klabin Business Description

Address Avenida Brigadeiro Faria Lima 3600, 3rd, 4th and 5th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Klabin SA operates in various segments of the pulp and paper industry, supplying domestic and foreign markets with wood, bleached pulp, packaging paper, paper sacks, and corrugated cardboard boxes. The firm organizes itself into four segments based on product type: Forestry, Paper, Packaging, and Pulp. The Forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties. The Paper segment mainly involves the production of cardboard, Kraftliner, and recycled paper rolls, and their sale. The Packaging segment, which derives maximum revenue, involves the production and sale of corrugated cardboard boxes, cardboard, and industrial bags. The Pulp segment includes the production and sale of short, long, and fluff fiber pulp.
57GF Score

Get the complete analysis for BSP:KLBN3

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

R$3.62
Price
R$4.17
GF Value