Tokushu Tokai Paper Co (TSE:3708) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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TSE:3708 Tokushu Tokai Paper Co Ltd TSE:3708
59 GF Score
Price 円2,216.00
GF Value 円1,392.34
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tokushu Tokai Paper Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokushu Tokai Paper Co  (TSE:3708) 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.


Tokushu Tokai Paper Co Cyclically Adjusted PS Ratio Related Terms


Tokushu Tokai Paper Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tokushu Tokai Paper Co'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.

Tokushu Tokai Paper Co Cyclically Adjusted PS Ratio Chart

Tokushu Tokai Paper Co 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 0.56 0.49 0.64 0.52 0.69

Tokushu Tokai Paper Co 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 0.56 0.68 0.68 0.68 0.78

Tokushu Tokai Paper Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Tokushu Tokai Paper Co'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.


Tokushu Tokai Paper Co Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


TSE:3708
59GF Score
Tokushu Tokai Paper Co Ltd TSE:3708
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokushu Tokai Paper Co 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.

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

For example, Tokushu Tokai Paper Co'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)
=714.453/113.6000*113.6000
=714.453

Current CPI (Jun. 2026) = 113.6000.

Tokushu Tokai Paper Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 428.078 98.000 496.221
201612 430.308 98.400 496.778
201703 447.051 98.100 517.686
201706 441.074 98.500 508.690
201709 452.991 98.800 520.848
201712 459.060 99.400 524.640
201803 462.927 99.200 530.126
201806 467.940 99.200 535.867
201809 472.216 99.900 536.974
201812 504.997 99.700 575.403
201903 513.913 99.700 585.562
201906 469.331 99.800 534.228
201909 484.140 100.100 549.434
201912 482.871 100.500 545.812
202003 491.175 100.300 556.306
202006 434.087 99.900 493.616
202009 469.093 99.900 533.423
202012 489.262 99.300 559.720
202103 497.510 99.900 565.737
202106 467.322 99.500 533.546
202109 497.094 100.100 564.135
202112 520.181 100.100 590.335
202203 540.382 101.100 607.195
202206 577.902 101.800 644.889
202209 587.188 103.100 646.989
202212 589.425 104.100 643.215
202303 589.245 104.400 641.171
202306 574.261 105.200 620.115
202309 618.825 106.200 661.945
202312 627.317 106.800 667.259
202403 608.745 107.200 645.088
202406 639.192 108.200 671.093
202409 671.714 108.900 700.704
202412 699.124 110.700 717.439
202503 675.742 111.100 690.948
202506 694.309 111.700 706.119
202509 675.246 112.000 684.892
202512 684.155 113.000 687.788
202603 655.281 112.700 660.514
202606 714.453 113.600 714.453

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 Tokushu Tokai Paper Co (TSE:3708) Overvalued in 2026?

Based on GuruFocus' analysis, Tokushu Tokai Paper Co stock appears to be overvalued. The current stock price of 円2,216.00 is trading 59.2% above its estimated GF Value™ of 円1,392.34. GuruFocus considers Tokushu Tokai Paper Co to be Significantly Overvalued.

Key valuation signals for TSE:3708:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,392.34 vs. price of 円2,216.00 (59.2% above fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the TSE:3708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokushu Tokai Paper Co Business Description

Address Zyouwa Yaesu Build 6F, Tokyo, JPN
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.
59GF Score

Get the complete analysis for TSE:3708

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

円2,216.00
Price
円1,392.34
GF Value