Japan Pulp and Paper Co (TSE:8032) Cyclically Adjusted PS Ratio: 0.26 (As of Jul. 30, 2026) — 117% Above Median

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TSE:8032 Japan Pulp and Paper Co Ltd TSE:8032
67 GF Score
Price 円1,123.00
GF Value 円761.57
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Japan Pulp and Paper Co Cyclically Adjusted PS Ratio?

Japan Pulp and Paper Co TSE:8032 +0.09% 67 Cyclically Adjusted PS Ratio is 0.26 as of Jul. 30, 2026, which is 117% above its 10-year median of 0.12. GuruFocus rates TSE:8032 with a GF Score™ of 67/100 and a GF Value™ of 円761.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 247 Forest Products companies, Japan Pulp and Paper Co ranks better than 68.42% on this metric.

As of today (2026-07-30), Japan Pulp and Paper Co's current share price is 円1123.00. Japan Pulp and Paper Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,247.86. Japan Pulp and Paper Co's Cyclically Adjusted PS Ratio for today is 0.26.

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

TSE:8032' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.12   Max: 0.29
Current: 0.26

During the past years, Japan Pulp and Paper Co's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.08. And the median was 0.12.

TSE:8032's Cyclically Adjusted PS Ratio is ranked better than
68.42% of 247 companies
in the Forest Products industry
Industry Median: 0.48 vs TSE:8032: 0.26

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.

Japan Pulp and Paper Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,367.973. 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4,247.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Pulp and Paper Co  (TSE:8032) 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.


Japan Pulp and Paper Co Cyclically Adjusted PS Ratio Related Terms


Japan Pulp and Paper Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Japan Pulp and 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.

Japan Pulp and Paper Co Cyclically Adjusted PS Ratio Chart

Japan Pulp and 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 0.10 0.13 0.13 0.15 0.24

Japan Pulp and Paper Co 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 0.15 0.15 0.17 0.21 0.24

Japan Pulp and Paper Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Japan Pulp and 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.


Japan Pulp and Paper Co Cyclically Adjusted PS Ratio vs Forest Products Industry

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

* The bar in red indicates where Japan Pulp and Paper Co's Cyclically Adjusted PS Ratio falls into.


TSE:8032
67GF Score
Japan Pulp and Paper Co Ltd TSE:8032
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Pulp and 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.

Japan Pulp and Paper Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1123.00/4247.86
=0.26

* 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.

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

For example, Japan Pulp and Paper Co'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)
=1367.973/112.7000*112.7000
=1,367.973

Current CPI (Mar. 2026) = 112.7000.

Japan Pulp and Paper Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 862.768 98.100 991.172
201609 833.034 98.000 957.989
201612 878.699 98.400 1,006.396
201703 997.615 98.100 1,146.088
201706 830.931 98.500 950.720
201709 834.494 98.800 951.898
201712 984.375 99.400 1,116.087
201803 941.076 99.200 1,069.146
201806 902.530 99.200 1,025.354
201809 931.078 99.900 1,050.375
201812 1,027.427 99.700 1,161.394
201903 917.168 99.700 1,036.759
201906 944.561 99.800 1,066.654
201909 930.690 100.100 1,047.840
201912 996.930 100.500 1,117.950
202003 975.557 100.300 1,096.164
202006 860.741 99.900 971.026
202009 778.280 99.900 878.000
202012 877.459 99.300 995.867
202103 859.095 99.900 969.169
202106 745.046 99.500 843.886
202109 770.450 100.100 867.430
202112 829.525 100.100 933.941
202203 894.443 101.100 997.069
202206 915.039 101.800 1,013.015
202209 1,022.617 103.100 1,117.836
202212 1,131.341 104.100 1,224.804
202303 897.885 104.400 969.269
202306 988.558 105.200 1,059.035
202309 985.588 106.200 1,045.911
202312 1,094.496 106.800 1,154.960
202403 993.601 107.200 1,044.579
202406 1,094.736 108.200 1,140.266
202409 1,160.255 108.900 1,200.741
202412 1,029.610 110.700 1,048.212
202503 1,206.528 111.100 1,223.904
202506 1,171.814 111.700 1,182.305
202509 1,153.065 112.000 1,160.272
202512 1,280.521 113.000 1,277.121
202603 1,367.973 112.700 1,367.973

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 0.26 mean?
Japan Pulp and Paper Co (TSE:8032) has a Cyclically Adjusted PS Ratio of 0.26 as of Jul. 30, 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 Japan Pulp and Paper Co and its competitors. This is 117% above median its historical median of 0.12. Over the past decade, Japan Pulp and Paper Co's Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.29. According to the industry distribution chart, Japan Pulp and Paper Co ranks #78 out of 247 companies in the Forest Products industry, placing it in the top 31.6%.
Is Japan Pulp and Paper Co's Cyclically Adjusted PS Ratio too high?
Japan Pulp and Paper Co's current Cyclically Adjusted PS Ratio of 0.26 is 117% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.29. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.48. Japan Pulp and Paper Co's value of 0.26 is 45.8% below this industry median. Based on the distribution chart, Japan Pulp and Paper Co ranks #78 out of 247 companies in the Forest Products industry, which is above the industry midpoint. Overall, Japan Pulp and Paper Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Pulp and Paper Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Forest Products industry distribution chart, Japan Pulp and Paper Co ranks #78 out of 247 companies for Cyclically Adjusted PS Ratio. This puts Japan Pulp and Paper Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.48. Japan Pulp and Paper Co's value of 0.26 is 45.8% below this benchmark. Historically, Japan Pulp and Paper Co's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.29 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.48, Japan Pulp and Paper Co 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. Japan Pulp and Paper Co's current Cyclically Adjusted PS Ratio of 0.26 is 45.8% 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 Japan Pulp and Paper Co 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. Japan Pulp and Paper Co's current Cyclically Adjusted PS Ratio is 0.26, which is 117% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Pulp and Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Pulp and Paper Co (TSE:8032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円761.57, compared to a current price of 円1,123.00 — trading 47.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 117% above median its 10-year median of 0.12 and 45.8% below the Forest Products industry median of 0.48. Japan Pulp and Paper Co's overall GF Score™ is 67/100 with 6 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 Japan Pulp and Paper Co (TSE:8032), the current Cyclically Adjusted PS Ratio is 0.26 as of Jul. 30, 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 Japan Pulp and Paper Co (TSE:8032) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Pulp and Paper Co stock appears to be overvalued. The current stock price of 円1,123.00 is trading 47.5% above its estimated GF Value™ of 円761.57. GuruFocus considers Japan Pulp and Paper Co to be Significantly Overvalued.

Key valuation signals for TSE:8032:

  • Cyclically Adjusted PS Ratio: 0.26 (117% above median its 10-year median of 0.12)
  • GF Value™: 円761.57 vs. price of 円1,123.00 (47.5% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 45.8% below the Forest Products median (#78 of 247)

No single metric tells the full story. See the TSE:8032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Pulp and Paper Co Business Description

Address Forefront Tower, 3-12-1 Kachidoki, Chuo-Ku, Tokyo, JPN, 1048656
Japan Pulp and Paper Co Ltd engages in the manufacture, distribution, and sale of pulp, paper-related products, and plastic, among others. Also, the company is involved in real estate leasing and generation and sale of electricity.
67GF Score

Get the complete analysis for TSE:8032

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

円1,123.00
Price
円761.57
GF Value