Cascades (TSX:CAS) Cyclically Adjusted PS Ratio: 0.09 (As of Jul. 22, 2026) — 65% Below Median

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TSX:CAS Cascades Inc TSX:CAS
63 GF Score
Price C$12.39
GF Value C$221.35
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Cascades Cyclically Adjusted PS Ratio?

Cascades TSX:CAS -0.16% 63 Cyclically Adjusted PS Ratio is 0.09 as of Jul. 22, 2026, which is 65% below its 10-year median of 0.26. GuruFocus rates TSX:CAS with a GF Score™ of 63/100 and a GF Value™ of C$221.35 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 319 Packaging & Containers companies, Cascades ranks better than 95.61% on this metric.

As of today (2026-07-22), Cascades's current share price is C$12.39. Cascades's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$140.85. Cascades's Cyclically Adjusted PS Ratio for today is 0.09.

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

TSX:CAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.26   Max: 0.43
Current: 0.09

During the past years, Cascades's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.07. And the median was 0.26.

TSX:CAS's Cyclically Adjusted PS Ratio is ranked better than
95.61% of 319 companies
in the Packaging & Containers industry
Industry Median: 0.69 vs TSX:CAS: 0.09

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.

Cascades's adjusted revenue per share data for the three months ended in Mar. 2026 was C$893.085. 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 C$140.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cascades  (TSX:CAS) 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.


Cascades Cyclically Adjusted PS Ratio Related Terms


Cascades Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cascades'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.

Cascades Cyclically Adjusted PS Ratio Chart

Cascades 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 0.30 0.17 0.25 0.23 0.24

Cascades 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 0.19 0.17 0.18 0.24 0.08

TSX:CAS vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Cascades'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.


Cascades Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

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

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


TSX:CAS
63GF Score
Cascades Inc TSX:CAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cascades 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.39/140.85
=0.09

* 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.

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

For example, Cascades'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)
=893.085/132.2623*132.2623
=893.085

Current CPI (Mar. 2026) = 132.2623.

Cascades Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.346 102.002 13.415
201609 10.569 101.765 13.736
201612 10.087 101.449 13.151
201703 10.346 102.634 13.333
201706 11.553 103.029 14.831
201709 11.281 103.345 14.438
201712 11.090 103.345 14.193
201803 11.227 105.004 14.141
201806 12.163 105.557 15.240
201809 12.141 105.636 15.201
201812 12.439 105.399 15.609
201903 12.848 106.979 15.884
201906 13.413 107.690 16.473
201909 13.233 107.611 16.264
201912 12.814 107.769 15.726
202003 13.243 107.927 16.229
202006 10.669 108.401 13.017
202009 10.554 108.164 12.905
202012 10.194 108.559 12.420
202103 9.107 110.298 10.921
202106 9.256 111.720 10.958
202109 9.985 112.905 11.697
202112 10.105 113.774 11.747
202203 10.216 117.646 11.485
202206 11.070 120.806 12.120
202209 11.611 120.648 12.729
202212 11.285 120.964 12.339
202303 11.261 122.702 12.138
202306 11.580 124.203 12.331
202309 11.842 125.230 12.507
202312 11.253 125.072 11.900
202403 10.957 126.258 11.478
202406 11.698 127.522 12.133
202409 11.886 127.285 12.351
202412 11.949 127.364 12.409
202503 11.378 129.181 11.649
202506 11.733 129.892 11.947
202509 12.216 130.287 12.401
202512 11.821 130.366 11.993
202603 893.085 132.262 893.085

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 0.09 mean?
Cascades (TSX:CAS) has a Cyclically Adjusted PS Ratio of 0.09 as of Jul. 22, 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 Cascades and its competitors. This is 65% below median its historical median of 0.26. Over the past decade, Cascades' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.43. According to the industry distribution chart, Cascades ranks #14 out of 319 companies in the Packaging & Containers industry, placing it in the top 4.4%.
Is Cascades' Cyclically Adjusted PS Ratio too high?
Cascades' current Cyclically Adjusted PS Ratio of 0.09 is 65% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.43. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.69. Cascades' value of 0.09 is 87% below this industry median. Based on the distribution chart, Cascades ranks #14 out of 319 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Cascades has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cascades' Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Cascades ranks #14 out of 319 companies for Cyclically Adjusted PS Ratio. This places Cascades in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.69. Cascades' value of 0.09 is 87% below this benchmark. Historically, Cascades' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.43 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.69, Cascades 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.69, based on 319 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. Cascades's current Cyclically Adjusted PS Ratio of 0.09 is 87% 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 Cascades and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cascades's current Cyclically Adjusted PS Ratio is 0.09, which is 65% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cascades stock overvalued right now?
Based on GuruFocus' analysis, Cascades (TSX:CAS) is currently considered Possible Value Trap. The stock's GF Value™ is C$221.35, compared to a current price of C$12.39 — trading 94.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 65% below median its 10-year median of 0.26 and 87% below the Packaging & Containers industry median of 0.69. Cascades' overall GF Score™ is 63/100 with 1 warning sign 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 Cascades (TSX:CAS), the current Cyclically Adjusted PS Ratio is 0.09 as of Jul. 22, 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 Cascades (TSX:CAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cascades stock appears to be undervalued. The current stock price of C$12.39 is trading 94.4% below its estimated GF Value™ of C$221.35. GuruFocus considers Cascades to be Possible Value Trap.

Key valuation signals for TSX:CAS:

  • Cyclically Adjusted PS Ratio: 0.09 (65% below median its 10-year median of 0.26)
  • GF Value™: C$221.35 vs. price of C$12.39 (94.4% below fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 87% below the Packaging & Containers median (#14 of 319)

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


Cascades Business Description

Other Exchanges CADNF:USACS6:Germany
Address 404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, the accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into two main business segments: Packaging Products and Tissue Papers. A majority of its revenue is generated from the Packaging Product segment. Geographically, the company generates the majority of its revenue from the operations located in Canada.
63GF Score

Get the complete analysis for TSX:CAS

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

C$12.39
Price
C$221.35
GF Value