Daio Paper (TSE:3880) Cyclically Adjusted PS Ratio: 0.25 (As of Aug. 03, 2026) — 36% Below Median

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TSE:3880 Daio Paper Corp TSE:3880
65 GF Score
Price 円980.00
GF Value 円950.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Daio Paper Cyclically Adjusted PS Ratio?

Daio Paper TSE:3880 -1.21% 65 Cyclically Adjusted PS Ratio is 0.25 as of Aug. 03, 2026, which is 36% below its 10-year median of 0.39. GuruFocus rates TSE:3880 with a GF Score™ of 65/100 and a GF Value™ of 円950.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 247 Forest Products companies, Daio Paper ranks better than 69.23% on this metric.

As of today (2026-08-03), Daio Paper's current share price is 円980.00. Daio Paper's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,885.04. Daio Paper's Cyclically Adjusted PS Ratio for today is 0.25.

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

TSE:3880' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.39   Max: 0.68
Current: 0.25

During the past years, Daio Paper's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.21. And the median was 0.39.

TSE:3880's Cyclically Adjusted PS Ratio is ranked better than
69.23% of 247 companies
in the Forest Products industry
Industry Median: 0.48 vs TSE:3880: 0.25

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.

Daio Paper's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,050.243. 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3,885.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daio Paper  (TSE:3880) 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.


Daio Paper Cyclically Adjusted PS Ratio Related Terms


Daio Paper Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Daio 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.

Daio Paper Cyclically Adjusted PS Ratio Chart

Daio Paper 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 0.47 0.30 0.32 0.22 0.26

Daio Paper 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 0.22 0.21 0.23 0.24 0.26

Daio Paper Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Daio 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.


Daio Paper Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


TSE:3880
65GF Score
Daio Paper Corp TSE:3880
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daio 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.

Daio Paper's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=980.00/3885.04
=0.25

* 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.

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

For example, Daio Paper'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)
=1050.243/112.7000*112.7000
=1,050.243

Current CPI (Mar. 2026) = 112.7000.

Daio Paper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 679.359 98.100 780.466
201609 688.840 98.000 792.166
201612 738.759 98.400 846.119
201703 753.052 98.100 865.127
201706 745.713 98.500 853.217
201709 768.332 98.800 876.427
201712 836.150 99.400 948.029
201803 823.204 99.200 935.233
201806 771.421 99.200 876.403
201809 772.611 99.900 871.604
201812 828.225 99.700 936.218
201903 820.392 99.700 927.364
201906 782.687 99.800 883.856
201909 828.945 100.100 933.288
201912 809.767 100.500 908.067
202003 856.821 100.300 962.749
202006 723.627 99.900 816.344
202009 847.010 99.900 955.536
202012 912.115 99.300 1,035.200
202103 905.845 99.900 1,021.909
202106 872.654 99.500 988.423
202109 914.652 100.100 1,029.783
202112 907.036 100.100 1,021.208
202203 992.633 101.100 1,106.526
202206 887.757 101.800 982.812
202209 972.097 103.100 1,062.612
202212 1,036.711 104.100 1,122.357
202303 994.958 104.400 1,074.059
202306 974.696 105.200 1,044.185
202309 1,017.473 106.200 1,079.748
202312 1,037.110 106.800 1,094.404
202403 1,009.287 107.200 1,061.069
202406 999.423 108.200 1,040.989
202409 1,006.034 108.900 1,041.139
202412 1,013.559 110.700 1,031.871
202503 1,001.352 111.100 1,015.773
202506 954.119 111.700 962.661
202509 968.160 112.000 974.211
202512 1,043.806 113.000 1,041.035
202603 1,050.243 112.700 1,050.243

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 0.25 mean?
Daio Paper (TSE:3880) has a Cyclically Adjusted PS Ratio of 0.25 as of Aug. 03, 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 Daio Paper and its competitors. This is 36% below median its historical median of 0.39. Over the past decade, Daio Paper's Cyclically Adjusted PS Ratio has ranged from 0.21 to 0.68. According to the industry distribution chart, Daio Paper ranks #76 out of 247 companies in the Forest Products industry, placing it in the top 30.8%.
Is Daio Paper's Cyclically Adjusted PS Ratio too high?
Daio Paper's current Cyclically Adjusted PS Ratio of 0.25 is 36% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.68. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.48. Daio Paper's value of 0.25 is 47.9% below this industry median. Based on the distribution chart, Daio Paper ranks #76 out of 247 companies in the Forest Products industry, which is above the industry midpoint. Overall, Daio Paper has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daio Paper's Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Daio Paper ranks #76 out of 247 companies for Cyclically Adjusted PS Ratio. This puts Daio Paper in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.48. Daio Paper's value of 0.25 is 47.9% below this benchmark. Historically, Daio Paper's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 0.68 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.48, Daio Paper 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. Daio Paper's current Cyclically Adjusted PS Ratio of 0.25 is 47.9% 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 Daio Paper 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. Daio Paper's current Cyclically Adjusted PS Ratio is 0.25, which is 36% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daio Paper stock overvalued right now?
Based on GuruFocus' analysis, Daio Paper (TSE:3880) is currently considered Fairly Valued. The stock's GF Value™ is 円950.51, compared to a current price of 円980.00 — trading 3.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is 36% below median its 10-year median of 0.39 and 47.9% below the Forest Products industry median of 0.48. Daio Paper's overall GF Score™ is 65/100 with 5 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 Daio Paper (TSE:3880), the current Cyclically Adjusted PS Ratio is 0.25 as of Aug. 03, 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 Daio Paper (TSE:3880) Overvalued in 2026?

Based on GuruFocus' analysis, Daio Paper stock appears to be overvalued. The current stock price of 円980.00 is trading 3.1% above its estimated GF Value™ of 円950.51. GuruFocus considers Daio Paper to be Fairly Valued.

Key valuation signals for TSE:3880:

  • Cyclically Adjusted PS Ratio: 0.25 (36% below median its 10-year median of 0.39)
  • GF Value™: 円950.51 vs. price of 円980.00 (3.1% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 47.9% below the Forest Products median (#76 of 247)

No single metric tells the full story. See the TSE:3880 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daio Paper Business Description

Other Exchanges DPR:Germany
Address 10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.
65GF Score

Get the complete analysis for TSE:3880

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

円980.00
Price
円950.51
GF Value