Sappi (SPPJY) Cyclically Adjusted PS Ratio: 0.07 (As of Jul. 19, 2026) — 74% Below Median

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SPPJY Sappi Ltd SPPJY
52 GF Score
Price $0.79
GF Value $1.97
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Sappi Cyclically Adjusted PS Ratio?

Sappi SPPJY +8.48% 52 Cyclically Adjusted PS Ratio is 0.07 as of Jul. 19, 2026, which is 74% below its 10-year median of 0.27. GuruFocus rates SPPJY with a GF Score™ of 52/100 and a GF Value™ of $1.97 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 249 Forest Products companies, Sappi ranks better than 92.77% on this metric.

As of today (2026-07-19), Sappi's current share price is $0.794. Sappi's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $11.19. Sappi's Cyclically Adjusted PS Ratio for today is 0.07.

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

SPPJY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.27   Max: 0.69
Current: 0.06

During the past years, Sappi's highest Cyclically Adjusted PS Ratio was 0.69. The lowest was 0.05. And the median was 0.27.

SPPJY's Cyclically Adjusted PS Ratio is ranked better than
92.77% of 249 companies
in the Forest Products industry
Industry Median: 0.45 vs SPPJY: 0.06

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.

Sappi's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.195. 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 $11.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sappi  (OTCPK:SPPJY) 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.


Sappi Cyclically Adjusted PS Ratio Related Terms


Sappi Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sappi'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.

Sappi Cyclically Adjusted PS Ratio Chart

Sappi Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.25 0.24 0.26 0.12

Sappi 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 0.19 0.16 0.12 0.13 0.09

SPPJY vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Sappi'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.


Sappi Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


SPPJY
52GF Score
Sappi Ltd SPPJY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sappi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.794/11.19
=0.07

* 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.

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

For example, Sappi'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)
=2.195/164.7700*164.7700
=2.195

Current CPI (Mar. 2026) = 164.7700.

Sappi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.257 106.713 3.485
201609 2.471 107.694 3.781
201612 2.406 109.002 3.637
201703 2.401 111.400 3.551
201706 2.290 112.054 3.367
201709 2.576 112.926 3.759
201712 2.423 113.907 3.505
201803 2.723 115.542 3.883
201806 2.627 116.959 3.701
201809 2.783 118.376 3.874
201812 2.580 118.921 3.575
201903 2.736 120.774 3.733
201906 2.509 122.191 3.383
201909 2.678 123.281 3.579
201912 2.390 123.717 3.183
202003 2.390 125.679 3.133
202006 1.657 124.807 2.188
202009 1.985 126.878 2.578
202012 2.127 127.467 2.749
202103 2.126 129.628 2.702
202106 2.305 131.113 2.897
202109 2.556 133.273 3.160
202112 2.820 135.029 3.441
202203 3.085 137.594 3.694
202206 3.018 140.835 3.531
202209 3.189 143.671 3.657
202212 2.754 145.156 3.126
202303 2.377 147.586 2.654
202306 2.210 148.802 2.447
202309 2.304 151.502 2.506
202312 2.100 152.718 2.266
202403 2.327 155.483 2.466
202406 2.264 156.269 2.387
202409 2.419 157.212 2.535
202412 2.243 157.212 2.351
202503 2.219 159.728 2.289
202506 2.178 160.985 2.229
202509 2.288 162.570 2.319
202512 2.123 162.880 2.148
202603 2.195 164.770 2.195

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 0.07 mean?
Sappi (SPPJY) has a Cyclically Adjusted PS Ratio of 0.07 as of Jul. 19, 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 Sappi and its competitors. This is 74% below median its historical median of 0.27. Over the past decade, Sappi's Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.69. According to the industry distribution chart, Sappi ranks #18 out of 249 companies in the Forest Products industry, placing it in the top 7.2%.
Is Sappi's Cyclically Adjusted PS Ratio too high?
Sappi's current Cyclically Adjusted PS Ratio of 0.07 is 74% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.69. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.45. Sappi's value of 0.07 is 84.4% below this industry median. Based on the distribution chart, Sappi ranks #18 out of 249 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sappi has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sappi's Cyclically Adjusted PS Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Sappi ranks #18 out of 249 companies for Cyclically Adjusted PS Ratio. This places Sappi in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. Sappi's value of 0.07 is 84.4% below this benchmark. Historically, Sappi's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.69 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.45, Sappi 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 0.45, based on 249 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. Sappi's current Cyclically Adjusted PS Ratio of 0.07 is 84.4% 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 Sappi and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sappi's current Cyclically Adjusted PS Ratio is 0.07, which is 74% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sappi stock overvalued right now?
Based on GuruFocus' analysis, Sappi (SPPJY) is currently considered Possible Value Trap. The stock's GF Value™ is $1.97, compared to a current price of $0.79 — trading 59.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.07, which is 74% below median its 10-year median of 0.27 and 84.4% below the Forest Products industry median of 0.45. Sappi's overall GF Score™ is 52/100 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 Sappi (SPPJY), the current Cyclically Adjusted PS Ratio is 0.07 as of Jul. 19, 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 Sappi (SPPJY) Overvalued in 2026?

Based on GuruFocus' analysis, Sappi stock appears to be undervalued. The current stock price of $0.79 is trading 59.7% below its estimated GF Value™ of $1.97. GuruFocus considers Sappi to be Possible Value Trap.

Key valuation signals for SPPJY:

  • Cyclically Adjusted PS Ratio: 0.07 (74% below median its 10-year median of 0.27)
  • GF Value™: $1.97 vs. price of $0.79 (59.7% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 84.4% below the Forest Products median (#18 of 249)

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


Sappi Business Description

Other Exchanges SAP:South AfricaSPI:Germany
Address 108 Oxford Road, Ground Floor, Houghton Estate, Rosebank, Oxford Room, Johannesburg, GT, ZAF, 2198
Sappi Ltd is engaged in the manufacturing of sustainable woodfibre-based products including specialty and packaging papers, graphic papers, release papers, pulp, and biomaterials like lignin and furfural from renewable resources. The products and services include Dissolving pulp, Graphic papers, Packaging and specialty papers, Casting and release papers, Biomaterials and Bio-energy. The company's geographical segments include Europe, North America and South Africa. The majority of revenue is generated from South Africa.
52GF Score

Get the complete analysis for SPPJY

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

$0.79
Price
$1.97
GF Value