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Mitsubishi Paper MillsTSE:3864 +0.54%43 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 02, 2026, which is 120% above its 10-year median of 0.10. GuruFocus rates TSE:3864 with a GF Score™ of 43/100 and a GF Value™ of 円505.31 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 247 Forest Products companies, Mitsubishi Paper Mills ranks better than 74.49% on this metric.
The historical rank and industry rank for Mitsubishi Paper Mills's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:3864'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.22
Current: 0.22
During the past years, Mitsubishi Paper Mills's highest Cyclically Adjusted PS Ratio was 0.22. The lowest was 0.05. And the median was 0.10.
TSE:3864's Cyclically Adjusted PS Ratio is ranked better than 74.49% of 247
companies
in the Forest Products industry
Industry Median: 0.48
vs TSE:3864: 0.22
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.
Mitsubishi Paper Mills's adjusted revenue per share data for the three months ended in Mar. 2026 was 円905.697. 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 円5,104.30 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mitsubishi Paper Mills (TSE:3864) 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.
Mitsubishi Paper Mills Cyclically Adjusted PS Ratio Related Terms
Mitsubishi Paper Mills Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Mitsubishi Paper Mills'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.
Mitsubishi Paper Mills Cyclically Adjusted PS Ratio Chart
Mitsubishi Paper Mills Cyclically Adjusted PS Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Mitsubishi Paper Mills'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.
Mitsubishi Paper Mills Cyclically Adjusted PS Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Mitsubishi Paper Mills's Cyclically Adjusted PS Ratio falls into.
Mitsubishi Paper Mills 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.
* 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.
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 0.22 mean?
Mitsubishi Paper Mills (TSE:3864) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 02, 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 Mitsubishi Paper Mills and its competitors. This is 120% above median its historical median of 0.10. Over the past decade, Mitsubishi Paper Mills' Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.22. According to the industry distribution chart, Mitsubishi Paper Mills ranks #63 out of 247 companies in the Forest Products industry, placing it in the top 25.5%.
Is Mitsubishi Paper Mills' Cyclically Adjusted PS Ratio too high?
Mitsubishi Paper Mills' current Cyclically Adjusted PS Ratio of 0.22 is 120% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.22. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.48. Mitsubishi Paper Mills' value of 0.22 is 54.2% below this industry median. Based on the distribution chart, Mitsubishi Paper Mills ranks #63 out of 247 companies in the Forest Products industry, which is above the industry midpoint. Overall, Mitsubishi Paper Mills has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Paper Mills' Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Mitsubishi Paper Mills ranks #63 out of 247 companies for Cyclically Adjusted PS Ratio. This puts Mitsubishi Paper Mills in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.48. Mitsubishi Paper Mills' value of 0.22 is 54.2% below this benchmark. Historically, Mitsubishi Paper Mills' own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.22 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.48, Mitsubishi Paper Mills 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 0.48, based on 247 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. Mitsubishi Paper Mills's current Cyclically Adjusted PS Ratio of 0.22 is 54.2% 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 Mitsubishi Paper Mills and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Paper Mills's current Cyclically Adjusted PS Ratio is 0.22, which is 120% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Paper Mills (TSE:3864) is currently considered Significantly Overvalued. The stock's GF Value™ is 円505.31, compared to a current price of 円1,123.00 — trading 122.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 120% above median its 10-year median of 0.10 and 54.2% below the Forest Products industry median of 0.48. Mitsubishi Paper Mills' overall GF Score™ is 43/100 with 10 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 Mitsubishi Paper Mills (TSE:3864), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 02, 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 Mitsubishi Paper Mills (TSE:3864) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Paper Mills stock appears to be overvalued.
The current stock price of 円1,123.00 is trading 122.2% above its estimated GF Value™ of 円505.31.
GuruFocus considers Mitsubishi Paper Mills to be Significantly Overvalued.
Key valuation signals for TSE:3864:
Cyclically Adjusted PS Ratio: 0.22 (120% above median its 10-year median of 0.10)
GF Value™: 円505.31 vs. price of 円1,123.00 (122.2% above fair value)
Industry Position: 54.2% below the Forest Products median (#63 of 247)
No single metric tells the full story. See the TSE:3864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.
43GF Score
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