Metsa Board Oyj (CHIX:METSBH) Cyclically Adjusted PS Ratio: (As of Aug. 10, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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CHIX:METSBH Metsa Board Oyj CHIX:METSBH
59 GF Score
Price €3.03
GF Value €3.69
! 6 Warning Signs
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What is Metsa Board Oyj Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metsa Board Oyj  (CHIX:METSBh) 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.


Metsa Board Oyj Cyclically Adjusted PS Ratio Related Terms


Metsa Board Oyj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Metsa Board Oyj'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.

Metsa Board Oyj Cyclically Adjusted PS Ratio Chart

Metsa Board Oyj 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 1.56 1.58 1.20 0.87 0.70

Metsa Board Oyj 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 0.89 0.83 0.70 0.75 0.00

CHIX:METSBH vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Metsa Board Oyj'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.


Metsa Board Oyj Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Metsa Board Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:METSBH
59GF Score
Metsa Board Oyj CHIX:METSBH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Metsa Board Oyj 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.

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

For example, Metsa Board Oyj'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)
=1.393/125.0800*125.0800
=1.393

Current CPI (Jun. 2026) = 125.0800.

Metsa Board Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.183 100.540 1.472
201612 1.186 101.020 1.468
201703 1.300 100.910 1.611
201706 1.219 101.140 1.508
201709 1.340 101.320 1.654
201712 1.269 101.510 1.564
201803 1.370 101.730 1.684
201806 1.489 102.320 1.820
201809 1.322 102.600 1.612
201812 1.277 102.710 1.555
201903 1.389 102.870 1.689
201906 1.314 103.360 1.590
201909 1.376 103.540 1.662
201912 1.477 103.650 1.782
202003 1.282 103.490 1.549
202006 1.373 103.320 1.662
202009 1.303 103.710 1.571
202012 1.343 103.890 1.617
202103 1.389 104.870 1.657
202106 1.574 105.360 1.869
202109 1.435 106.290 1.689
202112 1.430 107.490 1.664
202203 1.630 110.950 1.838
202206 1.834 113.570 2.020
202209 1.818 114.920 1.979
202212 1.673 117.320 1.784
202303 1.517 119.750 1.585
202306 1.510 120.690 1.565
202309 1.350 121.280 1.392
202312 1.191 121.540 1.226
202403 1.477 122.360 1.510
202406 1.681 122.230 1.720
202409 1.391 122.260 1.423
202412 1.222 122.390 1.249
202503 1.374 123.010 1.397
202506 1.272 122.530 1.298
202509 1.277 122.880 1.300
202512 1.094 122.670 1.115
202603 1.071 124.670 1.075
202606 1.393 125.080 1.393

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 Metsa Board Oyj (CHIX:METSBH) Overvalued in 2026?

Based on GuruFocus' analysis, Metsa Board Oyj stock appears to be undervalued. The current stock price of €3.03 is trading 17.8% below its estimated GF Value™ of €3.69.

Key valuation signals for CHIX:METSBH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €3.69 vs. price of €3.03 (17.8% below fair value)
  • GF Score™: 59/100 with 6 warning signs

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


Metsa Board Oyj Business Description

Address Revontulenpuisto 2, P.O. Box 20, Espoo, FIN, 02100
Metsa Board Oyj is the European producer of premium lightweight paperboards. Its product portfolio includes pulp, boxboard, and linerboard, which are used in foodservice and consumer goods packaging. The company's customers are typically boxboard printers, carton board manufacturers in the food, cosmetics, and pharmaceutical industries, and manufacturers of branded goods and wholesalers. It operates fiber mills that produce its fiber-based products from timber. The Company operates in European Nations like Germany, Sweden, Spain, etc., and also in other countries like the UK, Norway, Canada, Asia, and Turkey. The majority of the revenue is generated in Europe.
59GF Score

Get the complete analysis for CHIX:METSBH

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

€3.03
Price
€3.69
GF Value