Metsa Board Oyj (FRA:MSRB) Cyclically Adjusted PS Ratio: 0.67 (As of Jul. 11, 2026) — 44% Below Median


FRA:MSRB Metsa Board Oyj FRA:MSRB
58 GF Score
Price €2.66
GF Value €3.48
! 6 Warning Signs
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What is Metsa Board Oyj Cyclically Adjusted PS Ratio?

Metsa Board Oyj FRA:MSRB 58 Cyclically Adjusted PS Ratio is 0.67 as of Jul. 11, 2026, which is 44% below its 10-year median of 1.20. GuruFocus rates FRA:MSRB with a GF Score™ of 58/100 and a GF Value™ of €3.48. The stock has 6 warning signs investors should review. Among 319 Packaging & Containers companies, Metsa Board Oyj ranks better than 53.92% on this metric.

As of today (2026-07-11), Metsa Board Oyj's current share price is €2.662. Metsa Board Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.98. Metsa Board Oyj's Cyclically Adjusted PS Ratio for today is 0.67.

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

FRA:MSRB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.2   Max: 1.91
Current: 0.65

During the past years, Metsa Board Oyj's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.65. And the median was 1.20.

FRA:MSRB's Cyclically Adjusted PS Ratio is ranked better than
53.92% of 319 companies
in the Packaging & Containers industry
Industry Median: 0.69 vs FRA:MSRB: 0.65

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 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.

Metsa Board Oyj's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.071. 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 €3.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metsa Board Oyj  (FRA:MSRB) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.82 0.89 0.83 0.70 0.75

FRA:MSRB 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.


FRA:MSRB
58GF Score
Metsa Board Oyj FRA:MSRB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.662/3.98
=0.67

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

For example, Metsa Board Oyj's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.071/124.6700*124.6700
=1.071

Current CPI (Mar. 2026) = 124.6700.

Metsa Board Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.094 100.390 1.359
201609 1.183 100.540 1.467
201612 1.186 101.020 1.464
201703 1.300 100.910 1.606
201706 1.219 101.140 1.503
201709 1.340 101.320 1.649
201712 1.269 101.510 1.559
201803 1.370 101.730 1.679
201806 1.489 102.320 1.814
201809 1.322 102.600 1.606
201812 1.277 102.710 1.550
201903 1.389 102.870 1.683
201906 1.314 103.360 1.585
201909 1.376 103.540 1.657
201912 1.477 103.650 1.777
202003 1.282 103.490 1.544
202006 1.373 103.320 1.657
202009 1.303 103.710 1.566
202012 1.343 103.890 1.612
202103 1.389 104.870 1.651
202106 1.574 105.360 1.862
202109 1.435 106.290 1.683
202112 1.430 107.490 1.659
202203 1.630 110.950 1.832
202206 1.834 113.570 2.013
202209 1.818 114.920 1.972
202212 1.673 117.320 1.778
202303 1.517 119.750 1.579
202306 1.510 120.690 1.560
202309 1.350 121.280 1.388
202312 1.191 121.540 1.222
202403 1.477 122.360 1.505
202406 1.681 122.230 1.715
202409 1.391 122.260 1.418
202412 1.222 122.390 1.245
202503 1.374 123.010 1.393
202506 1.272 122.530 1.294
202509 1.277 122.880 1.296
202512 1.094 122.670 1.112
202603 1.071 124.670 1.071

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 0.67 mean?
Metsa Board Oyj (FRA:MSRB) has a Cyclically Adjusted PS Ratio of 0.67 as of Jul. 11, 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 Metsa Board Oyj and its competitors. This is 44% below median its historical median of 1.20. Over the past decade, Metsa Board Oyj's Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.91. According to the industry distribution chart, Metsa Board Oyj ranks #147 out of 319 companies in the Packaging & Containers industry, placing it in the top 46.1%.
Is Metsa Board Oyj's Cyclically Adjusted PS Ratio too high?
Metsa Board Oyj's current Cyclically Adjusted PS Ratio of 0.67 is 44% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.91. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.69. Metsa Board Oyj's value of 0.67 is 2.9% below this industry median. Based on the distribution chart, Metsa Board Oyj ranks #147 out of 319 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Metsa Board Oyj has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Metsa Board Oyj's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Metsa Board Oyj ranks #147 out of 319 companies for Cyclically Adjusted PS Ratio. This puts Metsa Board Oyj in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.69. Metsa Board Oyj's value of 0.67 is 2.9% below this benchmark. Historically, Metsa Board Oyj's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.91 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 0.69, Metsa Board Oyj 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.69, based on 319 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. Metsa Board Oyj's current Cyclically Adjusted PS Ratio of 0.67 is 2.9% 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 Metsa Board Oyj and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metsa Board Oyj's current Cyclically Adjusted PS Ratio is 0.67, which is 44% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metsa Board Oyj stock overvalued right now?
Metsa Board Oyj (FRA:MSRB) has a current Cyclically Adjusted PS Ratio of 0.67. The stock's GF Value™ is €3.48, compared to a current price of €2.66 — trading 23.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.67, which is 44% below median its 10-year median of 1.20 and 2.9% below the Packaging & Containers industry median of 0.69. Metsa Board Oyj's overall GF Score™ is 58/100 with 6 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 Metsa Board Oyj (FRA:MSRB), the current Cyclically Adjusted PS Ratio is 0.67 as of Jul. 11, 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 Metsa Board Oyj (FRA:MSRB) Overvalued in 2026?

Based on GuruFocus' analysis, Metsa Board Oyj stock appears to be undervalued. The current stock price of €2.66 is trading 23.5% below its estimated GF Value™ of €3.48.

Key valuation signals for FRA:MSRB:

  • Cyclically Adjusted PS Ratio: 0.67 (44% below median its 10-year median of 1.20)
  • GF Value™: €3.48 vs. price of €2.66 (23.5% below fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 2.9% below the Packaging & Containers median (#147 of 319)

No single metric tells the full story. See the FRA:MSRB 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.
58GF Score

Get the complete analysis for FRA:MSRB

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

€2.66
Price
€3.48
GF Value