Suzano (BSP:SUZB3) Cyclically Adjusted PS Ratio: 1.31 (As of Aug. 16, 2026) — 51% Below Median

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BSP:SUZB3 Suzano SA BSP:SUZB3
65 GF Score
Price R$42.03
GF Value R$56.81
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Suzano Cyclically Adjusted PS Ratio?

Suzano BSP:SUZB3 +1.28% 65 Cyclically Adjusted PS Ratio is 1.31 as of Aug. 16, 2026, which is 51% below its 10-year median of 2.68. GuruFocus rates BSP:SUZB3 with a GF Score™ of 65/100 and a GF Value™ of R$56.81 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 250 Forest Products companies, Suzano ranks worse than 80.8% on this metric.

As of today (2026-08-16), Suzano's current share price is R$42.03. Suzano's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$32.16. Suzano's Cyclically Adjusted PS Ratio for today is 1.31.

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

BSP:SUZB3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.68   Max: 5.55
Current: 1.31

During the past years, Suzano's highest Cyclically Adjusted PS Ratio was 5.55. The lowest was 1.27. And the median was 2.68.

BSP:SUZB3's Cyclically Adjusted PS Ratio is ranked worse than
80.8% of 250 companies
in the Forest Products industry
Industry Median: 0.49 vs BSP:SUZB3: 1.31

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.

Suzano's adjusted revenue per share data for the three months ended in Jun. 2026 was R$9.399. 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 R$32.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzano  (BSP:SUZB3) 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.


Suzano Cyclically Adjusted PS Ratio Related Terms


Suzano Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Suzano'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.

Suzano Cyclically Adjusted PS Ratio Chart

Suzano 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 3.69 2.46 2.45 2.34 1.71

Suzano 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 1.79 1.70 1.71 1.67 1.24

BSP:SUZB3 vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Suzano'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.


Suzano Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


BSP:SUZB3
65GF Score
Suzano SA BSP:SUZB3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suzano 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.

Suzano's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.03/32.16
=1.31

* 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.

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

For example, Suzano'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)
=9.399/177.5443*177.5443
=9.399

Current CPI (Jun. 2026) = 177.5443.

Suzano Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.865 109.986 3.011
201612 2.252 110.802 3.609
201703 2.064 111.869 3.276
201706 2.314 112.115 3.664
201709 2.373 112.777 3.736
201712 2.917 114.068 4.540
201803 2.737 114.868 4.230
201806 2.940 117.038 4.460
201809 3.662 117.881 5.515
201812 2.937 118.340 4.406
201903 4.352 120.124 6.432
201906 4.940 120.977 7.250
201909 4.892 121.292 7.161
201912 5.224 123.436 7.514
202003 5.174 124.092 7.403
202006 5.926 123.557 8.515
202009 5.537 125.095 7.859
202012 5.939 129.012 8.173
202103 6.588 131.660 8.884
202106 7.295 133.871 9.675
202109 7.976 137.913 10.268
202112 8.497 141.992 10.624
202203 7.219 146.537 8.747
202206 8.562 149.784 10.149
202209 10.773 147.800 12.941
202212 10.971 150.207 12.968
202303 8.542 153.352 9.890
202306 7.049 154.519 8.099
202309 6.888 155.464 7.866
202312 8.041 157.148 9.085
202403 7.370 159.372 8.210
202406 8.957 161.052 9.874
202409 9.781 162.342 10.697
202412 11.442 164.740 12.331
202503 9.300 168.102 9.822
202506 10.731 169.670 11.229
202509 9.809 170.739 10.200
202512 10.586 171.765 10.942
202603 8.853 175.066 8.978
202606 9.399 177.544 9.399

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 1.31 mean?
Suzano (BSP:SUZB3) has a Cyclically Adjusted PS Ratio of 1.31 as of Aug. 16, 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 Suzano and its competitors. This is 51% below median its historical median of 2.68. Over the past decade, Suzano's Cyclically Adjusted PS Ratio has ranged from 1.27 to 5.55. According to the industry distribution chart, Suzano ranks #202 out of 250 companies in the Forest Products industry, placing it in the top 80.8%.
Is Suzano's Cyclically Adjusted PS Ratio too high?
Suzano's current Cyclically Adjusted PS Ratio of 1.31 is 51% below median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 5.55. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.49. Suzano's value of 1.31 is 167.3% above this industry median. Based on the distribution chart, Suzano ranks #202 out of 250 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Suzano has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzano's Cyclically Adjusted PS Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Suzano ranks #202 out of 250 companies for Cyclically Adjusted PS Ratio. This places Suzano in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Suzano's value of 1.31 is 167.3% above this benchmark. Historically, Suzano's own Cyclically Adjusted PS Ratio has ranged from 1.27 to 5.55 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 0.49, Suzano 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 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. Suzano's current Cyclically Adjusted PS Ratio of 1.31 is 167.3% 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 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 Suzano 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. Suzano's current Cyclically Adjusted PS Ratio is 1.31, which is 51% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzano stock overvalued right now?
Based on GuruFocus' analysis, Suzano (BSP:SUZB3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$56.81, compared to a current price of R$42.03 — trading 26% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.31, which is 51% below median its 10-year median of 2.68 and 167.3% above the Forest Products industry median of 0.49. Suzano's overall GF Score™ is 65/100 with 5 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 Suzano (BSP:SUZB3), the current Cyclically Adjusted PS Ratio is 1.31 as of Aug. 16, 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 Suzano (BSP:SUZB3) Overvalued in 2026?

Based on GuruFocus' analysis, Suzano stock appears to be undervalued. The current stock price of R$42.03 is trading 26% below its estimated GF Value™ of R$56.81. GuruFocus considers Suzano to be Modestly Undervalued.

Key valuation signals for BSP:SUZB3:

  • Cyclically Adjusted PS Ratio: 1.31 (51% below median its 10-year median of 2.68)
  • GF Value™: R$56.81 vs. price of R$42.03 (26% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 167.3% above the Forest Products median (#202 of 250)

No single metric tells the full story. See the BSP:SUZB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suzano Business Description

Address Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Bairro Pituba, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants.
65GF Score

Get the complete analysis for BSP:SUZB3

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

R$42.03
Price
R$56.81
GF Value