Kyodo Paper Holdings (TSE:9849) Cyclically Adjusted PS Ratio: 0.18 (As of Sep. 16, 2026) — Near Median

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TSE:9849 Kyodo Paper Holdings TSE:9849
66 GF Score
Price 円4,500.00
GF Value 円4,517.69
Valuation Fairly Valued
! 3 Warning Signs
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What is Kyodo Paper Holdings Cyclically Adjusted PS Ratio?

Kyodo Paper Holdings TSE:9849 -0.22% 66 Cyclically Adjusted PS Ratio is 0.18 as of Sep. 16, 2026, which is at its 10-year median of 0.18. GuruFocus rates TSE:9849 with a GF Score™ of 66/100 and a GF Value™ of 円4,517.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 461 Conglomerates companies, Kyodo Paper Holdings ranks better than 86.33% on this metric.

As of today (2026-09-16), Kyodo Paper Holdings's current share price is 円4500.00. Kyodo Paper Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円25,696.26. Kyodo Paper Holdings's Cyclically Adjusted PS Ratio for today is 0.18.

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

TSE:9849' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.18   Max: 0.21
Current: 0.17

During the past years, Kyodo Paper Holdings's highest Cyclically Adjusted PS Ratio was 0.21. The lowest was 0.15. And the median was 0.18.

TSE:9849's Cyclically Adjusted PS Ratio is ranked better than
86.33% of 461 companies
in the Conglomerates industry
Industry Median: 0.75 vs TSE:9849: 0.17

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.

Kyodo Paper Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円6,371.238. 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25,696.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyodo Paper Holdings  (TSE:9849) 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.


Kyodo Paper Holdings Cyclically Adjusted PS Ratio Related Terms


Kyodo Paper Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kyodo Paper Holdings'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.

Kyodo Paper Holdings Cyclically Adjusted PS Ratio Chart

Kyodo Paper Holdings 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 0.19 0.18 0.19 0.19 0.17

Kyodo Paper Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.18 0.18 0.18 0.17 0.17

TSE:9849 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Kyodo Paper Holdings'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.


Kyodo Paper Holdings Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kyodo Paper Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9849
66GF Score
Kyodo Paper Holdings TSE:9849
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyodo Paper Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4500.00/25696.259
=0.18

* 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.

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

For example, Kyodo Paper Holdings'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)
=6371.238/112.7000*112.7000
=6,371.238

Current CPI (Mar. 2026) = 112.7000.

Kyodo Paper Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 6,197.672 98.100 7,120.057
201603 6,380.360 97.900 7,344.909
201606 6,014.563 98.100 6,909.697
201609 5,700.911 98.000 6,556.048
201612 5,998.989 98.400 6,870.793
201703 6,276.916 98.100 7,211.095
201706 5,733.662 98.500 6,560.241
201709 5,764.652 98.800 6,575.671
201712 5,804.082 99.400 6,580.685
201803 5,914.104 99.200 6,718.947
201806 5,521.770 99.200 6,273.221
201809 5,352.595 99.900 6,038.413
201812 6,146.841 99.700 6,948.335
201903 6,297.905 99.700 7,119.096
201906 6,429.616 99.800 7,260.699
201909 5,871.214 100.100 6,610.248
201912 5,604.675 100.500 6,285.044
202003 5,694.099 100.300 6,398.055
202006 4,579.503 99.900 5,166.266
202009 4,629.939 99.900 5,223.164
202012 5,234.240 99.300 5,940.572
202103 5,307.216 99.900 5,987.220
202106 4,894.472 99.500 5,543.789
202109 4,577.965 100.100 5,154.212
202112 4,999.561 100.100 5,628.876
202203 6,564.807 101.100 7,318.039
202206 6,014.221 101.800 6,658.180
202209 5,906.065 103.100 6,455.999
202212 6,287.667 104.100 6,807.109
202303 7,216.713 104.400 7,790.456
202306 6,435.083 105.200 6,893.858
202309 5,906.357 106.200 6,267.857
202312 6,245.121 106.800 6,590.123
202403 6,239.420 107.200 6,559.539
202409 5,907.671 108.900 6,113.816
202503 6,452.808 111.100 6,545.738
202506 6,301.519 111.700 6,357.934
202509 5,654.859 112.000 5,690.202
202512 6,003.068 113.000 5,987.131
202603 6,371.238 112.700 6,371.238

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 0.18 mean?
Kyodo Paper Holdings (TSE:9849) has a Cyclically Adjusted PS Ratio of 0.18 as of Sep. 16, 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 Kyodo Paper Holdings and its competitors. This is near median its historical median of 0.18. Over the past decade, Kyodo Paper Holdings' Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.21. According to the industry distribution chart, Kyodo Paper Holdings ranks #63 out of 461 companies in the Conglomerates industry, placing it in the top 13.7%.
Is Kyodo Paper Holdings' Cyclically Adjusted PS Ratio too high?
Kyodo Paper Holdings' current Cyclically Adjusted PS Ratio of 0.18 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.21. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Kyodo Paper Holdings' value of 0.18 is 76% below this industry median. Based on the distribution chart, Kyodo Paper Holdings ranks #63 out of 461 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Kyodo Paper Holdings has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kyodo Paper Holdings' Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kyodo Paper Holdings ranks #63 out of 461 companies for Cyclically Adjusted PS Ratio. This places Kyodo Paper Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.75. Kyodo Paper Holdings' value of 0.18 is 76% below this benchmark. Historically, Kyodo Paper Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.21 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.75, Kyodo Paper Holdings 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 461 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. Kyodo Paper Holdings's current Cyclically Adjusted PS Ratio of 0.18 is 76% 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 Kyodo Paper Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyodo Paper Holdings's current Cyclically Adjusted PS Ratio is 0.18, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyodo Paper Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kyodo Paper Holdings (TSE:9849) is currently considered Fairly Valued. The stock's GF Value™ is 円4,517.69, compared to a current price of 円4,500.00 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.18, which is near median its 10-year median of 0.18 and 76% below the Conglomerates industry median of 0.75. Kyodo Paper Holdings' overall GF Score™ is 66/100 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 Kyodo Paper Holdings (TSE:9849), the current Cyclically Adjusted PS Ratio is 0.18 as of Sep. 16, 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 Kyodo Paper Holdings (TSE:9849) Overvalued in 2026?

Based on GuruFocus' analysis, Kyodo Paper Holdings stock appears to be undervalued. The current stock price of 円4,500.00 is trading 0.4% below its estimated GF Value™ of 円4,517.69. GuruFocus considers Kyodo Paper Holdings to be Fairly Valued.

Key valuation signals for TSE:9849:

  • Cyclically Adjusted PS Ratio: 0.18 (near median its 10-year median of 0.18)
  • GF Value™: 円4,517.69 vs. price of 円4,500.00 (0.4% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 76% below the Conglomerates median (#63 of 461)

No single metric tells the full story. See the TSE:9849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyodo Paper Holdings Business Description

Address Sumitomo Real Estate Ueno Building, 6th Floor, 1-9-12 Kitaueno, Taito-ku, Tokyo, JPN
Kyodo Paper Holdings is engaged in the sale of paper and paper products, warehousing, sale of chemical products, sale of industrial equipment, and leasing and management of real estate.
66GF Score

Get the complete analysis for TSE:9849

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

円4,500.00
Price
円4,517.69
GF Value