Metsa Board Oyj (FRA:MSRB) Shiller PE Ratio: 10.99 (As of Sep. 14, 2026) — 44% Below Median

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FRA:MSRB Metsa Board Oyj FRA:MSRB
73 GF Score
Price €3.41
GF Value €3.45
Valuation Fairly Valued
! 6 Warning Signs
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What is Metsa Board Oyj Shiller PE Ratio?

Metsa Board Oyj FRA:MSRB -0.87% 73 Shiller PE Ratio is 10.99 as of Sep. 14, 2026, which is 44% below its 10-year median of 19.49. GuruFocus rates FRA:MSRB with a GF Score™ of 73/100 and a GF Value™ of €3.45 (Fairly Valued). The stock has 6 warning signs investors should review. Among 269 Packaging & Containers companies, Metsa Board Oyj ranks better than 78.07% on this metric.

As of today (2026-09-14), Metsa Board Oyj's current share price is €3.408. Metsa Board Oyj's E10 for the quarter that ended in Jun. 2026 was €0.31. Metsa Board Oyj's Shiller PE Ratio for today is 10.99.

The historical rank and industry rank for Metsa Board Oyj's Shiller PE Ratio or its related term are showing as below:

FRA:MSRB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.37   Med: 19.49   Max: 494
Current: 9.43

During the past years, Metsa Board Oyj's highest Shiller PE Ratio was 494.00. The lowest was 8.37. And the median was 19.49.

FRA:MSRB's Shiller PE Ratio is ranked better than
78.07% of 269 companies
in the Packaging & Containers industry
Industry Median: 15.67 vs FRA:MSRB: 9.43

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Metsa Board Oyj's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metsa Board Oyj  (FRA:MSRB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Metsa Board Oyj Shiller PE Ratio Related Terms


Metsa Board Oyj Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Metsa Board Oyj's Shiller PE 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.

Metsa Board Oyj Shiller PE Ratio Chart

Metsa Board Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 18.18 13.39 9.82 9.09

Metsa Board Oyj Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 10.57 10.08 9.09 9.88 8.87

FRA:MSRB vs SW, AMCR, PKG: Shiller PE Ratio Comparison

For the Packaging & Containers subindustry, Metsa Board Oyj's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Metsa Board Oyj Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Metsa Board Oyj's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Metsa Board Oyj's Shiller PE Ratio falls into.


FRA:MSRB
73GF Score
Metsa Board Oyj FRA:MSRB
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metsa Board Oyj Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Metsa Board Oyj's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.408/0.31
=10.99

* 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.

Metsa Board Oyj's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Metsa Board Oyj's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.02/125.0800*125.0800
=-0.020

Current CPI (Jun. 2026) = 125.0800.

Metsa Board Oyj Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.050 100.540 0.062
201612 0.069 101.020 0.085
201703 0.100 100.910 0.124
201706 0.090 101.140 0.111
201709 0.110 101.320 0.136
201712 0.118 101.510 0.145
201803 0.150 101.730 0.184
201806 0.120 102.320 0.147
201809 0.160 102.600 0.195
201812 0.140 102.710 0.170
201903 0.170 102.870 0.207
201906 0.100 103.360 0.121
201909 0.091 103.540 0.110
201912 0.050 103.650 0.060
202003 0.060 103.490 0.073
202006 0.150 103.320 0.182
202009 0.130 103.710 0.157
202012 0.140 103.890 0.169
202103 0.310 104.870 0.370
202106 0.230 105.360 0.273
202109 0.220 106.290 0.259
202112 0.190 107.490 0.221
202203 0.310 110.950 0.349
202206 0.300 113.570 0.330
202209 0.330 114.920 0.359
202212 0.210 117.320 0.224
202303 0.190 119.750 0.198
202306 0.060 120.690 0.062
202309 0.010 121.280 0.010
202312 0.010 121.540 0.010
202403 0.040 122.360 0.041
202406 -0.030 122.230 -0.031
202409 0.080 122.260 0.082
202412 -0.020 122.390 -0.020
202503 -0.020 123.010 -0.020
202506 -0.060 122.530 -0.061
202509 -0.110 122.880 -0.112
202512 -0.250 122.670 -0.255
202603 -0.040 124.670 -0.040
202606 -0.020 125.080 -0.020

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.99 mean?
Metsa Board Oyj (FRA:MSRB) has a Shiller PE Ratio of 10.99 as of Sep. 14, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Metsa Board Oyj and its competitors. This is 44% below median its historical median of 19.49. Over the past decade, Metsa Board Oyj's Shiller PE Ratio has ranged from 8.37 to 494.00. According to the industry distribution chart, Metsa Board Oyj ranks #59 out of 269 companies in the Packaging & Containers industry, placing it in the top 21.9%.
Is Metsa Board Oyj's Shiller PE Ratio too high?
Metsa Board Oyj's current Shiller PE Ratio of 10.99 is 44% below median its 10-year median of 19.49. Over the past 10 years, this metric has ranged from a low of 8.37 to a high of 494.00. The Packaging & Containers industry median Shiller PE Ratio is 15.67. Metsa Board Oyj's value of 10.99 is 29.9% below this industry median. Based on the distribution chart, Metsa Board Oyj ranks #59 out of 269 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Metsa Board Oyj has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metsa Board Oyj's Shiller PE Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Metsa Board Oyj ranks #59 out of 269 companies for Shiller PE Ratio. This places Metsa Board Oyj in the top 22% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 15.67. Metsa Board Oyj's value of 10.99 is 29.9% below this benchmark. Historically, Metsa Board Oyj's own Shiller PE Ratio has ranged from 8.37 to 494.00 over the past decade. While the company's 10-year median is 19.49 vs. the industry median of 15.67, Metsa Board Oyj 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 Shiller PE Ratio for a Packaging & Containers company?
The median Shiller PE Ratio among Packaging & Containers companies is 15.67, based on 269 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Metsa Board Oyj's current Shiller PE Ratio of 10.99 is 29.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Metsa Board Oyj and its competitors. For the Packaging & Containers industry, the median Shiller PE Ratio is 15.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metsa Board Oyj's current Shiller PE Ratio is 10.99, which is 44% below median its own 10-year median of 19.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metsa Board Oyj stock overvalued right now?
Based on GuruFocus' analysis, Metsa Board Oyj (FRA:MSRB) is currently considered Fairly Valued. The stock's GF Value™ is €3.45, compared to a current price of €3.41 — trading 1.2% below its estimated fair value. The current Shiller PE Ratio is 10.99, which is 44% below median its 10-year median of 19.49 and 29.9% below the Packaging & Containers industry median of 15.67. Metsa Board Oyj's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Metsa Board Oyj (FRA:MSRB), the current Shiller PE Ratio is 10.99 as of Sep. 14, 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 Metsa Board Oyj (FRA:MSRB) Overvalued in 2026?

Based on GuruFocus' analysis, Metsa Board Oyj stock appears to be undervalued. The current stock price of €3.41 is trading 1.2% below its estimated GF Value™ of €3.45. GuruFocus considers Metsa Board Oyj to be Fairly Valued.

Key valuation signals for FRA:MSRB:

  • Shiller PE Ratio: 10.99 (44% below median its 10-year median of 19.49)
  • GF Value™: €3.45 vs. price of €3.41 (1.2% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 29.9% below the Packaging & Containers median (#59 of 269)

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


Metsa Board Oyj Business Description

Address Revontulenpuisto 2, P.O. Box 20, Espoo, FIN, 02100
Metsa Board Oyj is the European producer of premium lightweight paperboards. Its product portfolio includes pulp, boxboard, and linerboard, which are used in foodservice and consumer goods packaging. The company's customers are typically boxboard printers, carton board manufacturers in the food, cosmetics, and pharmaceutical industries, and manufacturers of branded goods and wholesalers. It operates fiber mills that produce its fiber-based products from timber. The Company operates in European Nations like Germany, Sweden, Spain, etc., and also in other countries like the UK, Norway, Canada, Asia, and Turkey. The majority of the revenue is generated in Europe.
73GF Score

Get the complete analysis for FRA:MSRB

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

€3.41
Price
€3.45
GF Value