OJIPF (Oji Holdings) Cyclically Adjusted PS Ratio: 0.40 (As of Sep. 15, 2026) — Near Median

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OJIPF Oji Holdings Corp OJIPF
62 GF Score
Price $5.80
GF Value $4.99
! 7 Warning Signs
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What is Oji Holdings Cyclically Adjusted PS Ratio?

Oji Holdings OJIPF 62 Cyclically Adjusted PS Ratio is 0.40 as of Sep. 15, 2026, which is at its 10-year median of 0.40. GuruFocus rates OJIPF with a GF Score™ of 62/100 and a GF Value™ of $4.99. The stock has 7 warning signs investors should review. Among 248 Forest Products companies, Oji Holdings ranks worse than 50.4% on this metric.

As of today (2026-09-15), Oji Holdings's current share price is $5.80. Oji Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $14.48. Oji Holdings's Cyclically Adjusted PS Ratio for today is 0.40.

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

OJIPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.4   Max: 0.62
Current: 0.49

During the past years, Oji Holdings's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.30. And the median was 0.40.

OJIPF's Cyclically Adjusted PS Ratio is ranked worse than
50.4% of 248 companies
in the Forest Products industry
Industry Median: 0.485 vs OJIPF: 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.

Oji Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.316. 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 $14.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oji Holdings  (OTCPK:OJIPF) 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.


Oji Holdings Cyclically Adjusted PS Ratio Related Terms


Oji Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Oji Holdings'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.

Oji Holdings Cyclically Adjusted PS Ratio Chart

Oji Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.29 0.27 0.29 0.40

Oji Holdings 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 0.35 0.35 0.36 0.40 0.40

Oji Holdings Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Oji Holdings'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.


Oji Holdings Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


OJIPF
62GF Score
Oji Holdings Corp OJIPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Oji Holdings 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.

Oji Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.80/14.484
=0.40

* 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.

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

For example, Oji Holdings'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)
=3.316/112.7000*112.7000
=3.316

Current CPI (Mar. 2026) = 112.7000.

Oji Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.280 98.100 3.768
201609 3.383 98.000 3.890
201612 3.307 98.400 3.788
201703 3.462 98.100 3.977
201706 3.192 98.500 3.652
201709 3.349 98.800 3.820
201712 3.446 99.400 3.907
201803 3.573 99.200 4.059
201806 3.509 99.200 3.987
201809 3.468 99.900 3.912
201812 3.661 99.700 4.138
201903 3.487 99.700 3.942
201906 3.449 99.800 3.895
201909 3.618 100.100 4.073
201912 3.475 100.500 3.897
202003 3.456 100.300 3.883
202006 3.021 99.900 3.408
202009 3.143 99.900 3.546
202012 3.394 99.300 3.852
202103 3.379 99.900 3.812
202106 3.161 99.500 3.580
202109 3.353 100.100 3.775
202112 3.346 100.100 3.767
202203 3.337 101.100 3.720
202206 3.108 101.800 3.441
202209 3.197 103.100 3.495
202212 3.275 104.100 3.546
202303 3.123 104.400 3.371
202306 3.085 105.200 3.305
202309 2.978 106.200 3.160
202312 3.036 106.800 3.204
202403 2.755 107.200 2.896
202406 2.856 108.200 2.975
202409 3.299 108.900 3.414
202412 3.086 110.700 3.142
202503 3.266 111.100 3.313
202506 3.415 111.700 3.446
202509 3.361 112.000 3.382
202512 3.392 113.000 3.383
202603 3.316 112.700 3.316

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 0.40 mean?
Oji Holdings (OJIPF) has a Cyclically Adjusted PS Ratio of 0.40 as of Sep. 15, 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 Oji Holdings and its competitors. This is near median its historical median of 0.40. Over the past decade, Oji Holdings' Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.62. According to the industry distribution chart, Oji Holdings ranks #125 out of 248 companies in the Forest Products industry, placing it in the top 50.4%.
Is Oji Holdings' Cyclically Adjusted PS Ratio too high?
Oji Holdings' current Cyclically Adjusted PS Ratio of 0.40 is near median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.62. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.49. Oji Holdings' value of 0.40 is 17.5% below this industry median. Based on the distribution chart, Oji Holdings ranks #125 out of 248 companies in the Forest Products industry, which is below the industry midpoint. Overall, Oji Holdings has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Oji Holdings' Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Oji Holdings ranks #125 out of 248 companies for Cyclically Adjusted PS Ratio. This places Oji Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Oji Holdings' value of 0.40 is 17.5% below this benchmark. Historically, Oji Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.62 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.49, Oji Holdings 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 248 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. Oji Holdings's current Cyclically Adjusted PS Ratio of 0.40 is 17.5% 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 Oji Holdings 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. Oji Holdings's current Cyclically Adjusted PS Ratio is 0.40, which is near median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oji Holdings stock overvalued right now?
Oji Holdings (OJIPF) has a current Cyclically Adjusted PS Ratio of 0.40. The stock's GF Value™ is $4.99, compared to a current price of $5.80 — trading 16.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is near median its 10-year median of 0.40 and 17.5% below the Forest Products industry median of 0.49. Oji Holdings' overall GF Score™ is 62/100 with 7 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 Oji Holdings (OJIPF), the current Cyclically Adjusted PS Ratio is 0.40 as of Sep. 15, 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 Oji Holdings (OJIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued. The current stock price of $5.80 is trading 16.2% above its estimated GF Value™ of $4.99.

Key valuation signals for OJIPF:

  • Cyclically Adjusted PS Ratio: 0.40 (near median its 10-year median of 0.40)
  • GF Value™: $4.99 vs. price of $5.80 (16.2% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 17.5% below the Forest Products median (#125 of 248)

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


Oji Holdings Business Description

Other Exchanges 3861:JapanOJI:Germany
Address 7-5 Ginza, 4-chome, Chuo-ku, Tokyo, JPN, 104-0061
Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.
62GF Score

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

$5.80
Price
$4.99
GF Value