Arctic Paper (STU:A0P) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:A0P Arctic Paper SA STU:A0P
53 GF Score
Price €1.35
GF Value €2.93
Valuation Possible Value Trap
! 5 Warning Signs
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What is Arctic Paper Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arctic Paper  (STU:A0P) 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.


Arctic Paper Cyclically Adjusted PS Ratio Related Terms


Arctic Paper Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arctic Paper'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.

Arctic Paper Cyclically Adjusted PS Ratio Chart

Arctic Paper 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 0.17 0.28 0.31 0.21 0.11

Arctic Paper 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 0.14 0.11 0.10 0.11 0.08

STU:A0P vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Arctic Paper'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.


Arctic Paper Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


STU:A0P
53GF Score
Arctic Paper SA STU:A0P
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arctic Paper 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.

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

For example, Arctic Paper'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)
=2.549/162.2800*162.2800
=2.549

Current CPI (Jun. 2026) = 162.2800.

Arctic Paper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.528 99.064 4.141
201612 2.330 100.366 3.767
201703 2.586 101.018 4.154
201706 2.406 101.180 3.859
201709 2.495 101.343 3.995
201712 2.523 102.564 3.992
201803 10.908 102.564 17.259
201806 2.654 103.378 4.166
201809 2.738 103.378 4.298
201812 2.622 103.785 4.100
201903 2.753 104.274 4.284
201906 2.570 105.983 3.935
201909 2.654 105.983 4.064
201912 2.491 107.123 3.774
202003 2.716 109.076 4.041
202006 1.972 109.402 2.925
202009 2.283 109.320 3.389
202012 2.290 109.565 3.392
202103 2.486 112.658 3.581
202106 2.505 113.960 3.567
202109 2.812 115.588 3.948
202112 2.981 119.088 4.062
202203 3.468 125.031 4.501
202206 4.024 131.705 4.958
202209 4.267 135.531 5.109
202212 3.313 139.113 3.865
202303 3.164 145.950 3.518
202306 2.657 147.009 2.933
202309 2.741 146.113 3.044
202312 2.696 147.741 2.961
202403 3.216 149.044 3.502
202406 2.816 150.997 3.026
202409 2.761 153.439 2.920
202412 2.718 154.660 2.852
202503 2.827 157.021 2.922
202506 2.824 157.509 2.910
202509 2.699 158.000 2.772
202512 2.539 158.320 2.603
202603 2.774 163.070 2.761
202606 2.549 162.280 2.549

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 Arctic Paper (STU:A0P) Overvalued in 2026?

Based on GuruFocus' analysis, Arctic Paper stock appears to be undervalued. The current stock price of €1.35 is trading 54.1% below its estimated GF Value™ of €2.93. GuruFocus considers Arctic Paper to be Possible Value Trap.

Key valuation signals for STU:A0P:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €2.93 vs. price of €1.35 (54.1% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the STU:A0P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arctic Paper Business Description

Other Exchanges ARP:SwedenATC:Poland
Address UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470
Arctic Paper SA produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry. The company's segment includes Paper and Pulp. The firm derives maximum revenue from the Paper segment. The majority of revenue is generated from Uncoated segment. Geographically, the firm derives revenue from Germany, France, the UK, Scandinavia, Western Europe (other countries), Poland, Central and Eastern Europe (other than Poland), and Outside Europe.
53GF Score

Get the complete analysis for STU:A0P

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

€1.35
Price
€2.93
GF Value