Pack (TSE:3950) Cyclically Adjusted PS Ratio: 0.82 (As of Aug. 04, 2026) — 19% Above Median

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TSE:3950 Pack Corp TSE:3950
76 GF Score
Price 円1,445.00
GF Value 円1,264.67
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pack Cyclically Adjusted PS Ratio?

Pack TSE:3950 -0.41% 76 Cyclically Adjusted PS Ratio is 0.82 as of Aug. 04, 2026, which is 19% above its 10-year median of 0.69. GuruFocus rates TSE:3950 with a GF Score™ of 76/100 and a GF Value™ of 円1,264.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 321 Packaging & Containers companies, Pack ranks worse than 55.76% on this metric.

As of today (2026-08-04), Pack's current share price is 円1445.00. Pack's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円1,751.55. Pack's Cyclically Adjusted PS Ratio for today is 0.82.

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

TSE:3950' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.69   Max: 0.95
Current: 0.83

During the past years, Pack's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.46. And the median was 0.69.

TSE:3950's Cyclically Adjusted PS Ratio is ranked worse than
55.76% of 321 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs TSE:3950: 0.83

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.

Pack's adjusted revenue per share data for the three months ended in Dec. 2025 was 円560.371. 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1,751.55 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pack  (TSE:3950) 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.


Pack Cyclically Adjusted PS Ratio Related Terms


Pack Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pack'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.

Pack Cyclically Adjusted PS Ratio Chart

Pack 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 0.60 0.51 0.69 0.00 0.74

Pack Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.66 0.64 0.70 0.74 0.00

TSE:3950 vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Pack'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.


Pack Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pack's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3950
76GF Score
Pack Corp TSE:3950
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pack 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1445.00/1751.55
=0.82

* 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.

Pack's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Pack's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=560.371/113.0000*113.0000
=560.371

Current CPI (Dec. 2025) = 113.0000.

Pack Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 464.099 98.100 534.589
201603 336.800 97.900 388.748
201606 364.560 98.100 419.931
201609 346.388 98.000 399.407
201612 465.966 98.400 535.103
201703 338.757 98.100 390.209
201706 369.653 98.500 424.069
201709 347.690 98.800 397.662
201712 477.067 99.400 542.340
201803 337.396 99.200 384.332
201806 376.296 99.200 428.644
201809 361.986 99.900 409.454
201812 504.573 99.700 571.883
201903 357.775 99.700 405.502
201906 397.388 99.800 449.948
201909 390.223 100.100 440.511
201912 505.990 100.500 568.924
202003 343.390 100.300 386.870
202006 289.338 99.900 327.279
202009 317.326 99.900 358.937
202012 425.554 99.300 484.266
202103 312.689 99.900 353.692
202106 328.961 99.500 373.594
202109 317.151 100.100 358.023
202112 438.338 100.100 494.827
202203 335.123 101.100 374.569
202206 359.258 101.800 398.783
202209 365.798 103.100 400.923
202212 500.674 104.100 543.479
202303 375.261 104.400 406.173
202306 410.789 105.200 441.247
202309 397.250 106.200 422.686
202312 527.433 106.800 558.052
202403 397.109 107.200 418.594
202406 419.422 108.200 438.029
202412 0.000 110.700 0.000
202503 407.200 111.100 414.164
202506 433.434 111.700 438.478
202509 429.473 112.000 433.308
202512 560.371 113.000 560.371

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 0.82 mean?
Pack (TSE:3950) has a Cyclically Adjusted PS Ratio of 0.82 as of Aug. 04, 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 Pack and its competitors. This is 19% above median its historical median of 0.69. Over the past decade, Pack's Cyclically Adjusted PS Ratio has ranged from 0.46 to 0.95. According to the industry distribution chart, Pack ranks #179 out of 321 companies in the Packaging & Containers industry, placing it in the top 55.8%.
Is Pack's Cyclically Adjusted PS Ratio too high?
Pack's current Cyclically Adjusted PS Ratio of 0.82 is 19% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.95. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. Pack's value of 0.82 is 17.1% above this industry median. Based on the distribution chart, Pack ranks #179 out of 321 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Pack has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pack's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Pack ranks #179 out of 321 companies for Cyclically Adjusted PS Ratio. This places Pack in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Pack's value of 0.82 is 17.1% above this benchmark. Historically, Pack's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 0.95 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.70, Pack has consistently been above 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.70, based on 321 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. Pack's current Cyclically Adjusted PS Ratio of 0.82 is 17.1% above 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 Pack and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pack's current Cyclically Adjusted PS Ratio is 0.82, which is 19% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pack stock overvalued right now?
Based on GuruFocus' analysis, Pack (TSE:3950) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,264.67, compared to a current price of 円1,445.00 — trading 14.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 19% above median its 10-year median of 0.69 and 17.1% above the Packaging & Containers industry median of 0.70. Pack's overall GF Score™ is 76/100 with 3 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 Pack (TSE:3950), the current Cyclically Adjusted PS Ratio is 0.82 as of Aug. 04, 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 Pack (TSE:3950) Overvalued in 2026?

Based on GuruFocus' analysis, Pack stock appears to be overvalued. The current stock price of 円1,445.00 is trading 14.3% above its estimated GF Value™ of 円1,264.67. GuruFocus considers Pack to be Modestly Overvalued.

Key valuation signals for TSE:3950:

  • Cyclically Adjusted PS Ratio: 0.82 (19% above median its 10-year median of 0.69)
  • GF Value™: 円1,264.67 vs. price of 円1,445.00 (14.3% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 17.1% above the Packaging & Containers median (#179 of 321)

No single metric tells the full story. See the TSE:3950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pack Business Description

Address 2-9-3 Higashikobashi, Higashinari-ku, Osaka, JPN, 530-6020
Pack Corp is a paper and chemical products company. It manufactures and sells paper products, chemical products, and other goods, as well as related research, logistics, and services. The product portfolio of the company include paper bags, printed paper containers, corrugated cardboard, plastic bags, tailor bags, price tags, design work, advertising materials, etc.
76GF Score

Get the complete analysis for TSE:3950

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

円1,445.00
Price
円1,264.67
GF Value