Cascades (TSX:CAS) Shiller PE Ratio: 12.74 (As of Aug. 26, 2026) — 11% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:CAS Cascades Inc TSX:CAS
72 GF Score
Price C$16.43
GF Value C$212.10
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Cascades Shiller PE Ratio?

Cascades TSX:CAS -1.73% 72 Shiller PE Ratio is 12.74 as of Aug. 26, 2026, which is 11% below its 10-year median of 14.34. GuruFocus rates TSX:CAS with a GF Score™ of 72/100 and a GF Value™ of C$212.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 267 Packaging & Containers companies, Cascades ranks better than 62.17% on this metric.

As of today (2026-08-26), Cascades's current share price is C$16.43. Cascades's E10 for the quarter that ended in Jun. 2026 was C$1.29. Cascades's Shiller PE Ratio for today is 12.74.

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

TSX:CAS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.85   Med: 14.34   Max: 138.33
Current: 12.77

During the past years, Cascades's highest Shiller PE Ratio was 138.33. The lowest was 6.85. And the median was 14.34.

TSX:CAS's Shiller PE Ratio is ranked better than
62.17% of 267 companies
in the Packaging & Containers industry
Industry Median: 16.27 vs TSX:CAS: 12.77

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.

Cascades's adjusted earnings per share data for the three months ended in Jun. 2026 was C$0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$1.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cascades  (TSX:CAS) 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.


Cascades Shiller PE Ratio Related Terms


Cascades Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Cascades'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.

Cascades Shiller PE Ratio Chart

Cascades 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 14.36 8.25 13.15 10.30 9.27

Cascades 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 7.43 8.02 9.27 9.08 9.06

TSX:CAS vs SW, PKG, IP: Shiller PE Ratio Comparison

For the Packaging & Containers subindustry, Cascades'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.


Cascades Shiller PE Ratio vs Packaging & Containers Industry

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

* The bar in red indicates where Cascades's Shiller PE Ratio falls into.


TSX:CAS
72GF Score
Cascades Inc TSX:CAS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cascades 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.

Cascades's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.43/1.29
=12.74

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Cascades'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)
=0.21/133.5265*133.5265
=0.210

Current CPI (Jun. 2026) = 133.5265.

Cascades Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.210 101.765 0.276
201612 0.040 101.449 0.053
201703 1.660 102.634 2.160
201706 2.610 103.029 3.383
201709 0.340 103.345 0.439
201712 0.580 103.345 0.749
201803 0.630 105.004 0.801
201806 0.270 105.557 0.342
201809 0.370 105.636 0.468
201812 -0.690 105.399 -0.874
201903 0.260 106.979 0.325
201906 0.320 107.690 0.397
201909 0.440 107.611 0.546
201912 -0.270 107.769 -0.335
202003 0.230 107.927 0.285
202006 0.570 108.401 0.702
202009 0.500 108.164 0.617
202012 0.720 108.559 0.886
202103 0.220 110.298 0.266
202106 0.020 111.720 0.024
202109 0.320 112.905 0.378
202112 1.030 113.774 1.209
202203 -0.150 117.646 -0.170
202206 0.100 120.806 0.111
202209 -0.020 120.648 -0.022
202212 -0.270 120.964 -0.298
202303 -0.750 122.702 -0.816
202306 0.220 124.203 0.237
202309 0.340 125.230 0.363
202312 -0.570 125.072 -0.609
202403 -0.200 126.258 -0.212
202406 0.010 127.522 0.010
202409 0.010 127.285 0.010
202412 -0.130 127.364 -0.136
202503 0.070 129.181 0.072
202506 -0.030 129.892 -0.031
202509 0.290 130.287 0.297
202512 0.360 130.366 0.369
202603 0.380 132.262 0.384
202606 0.210 133.527 0.210

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 12.74 mean?
Cascades (TSX:CAS) has a Shiller PE Ratio of 12.74 as of Aug. 26, 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 Cascades and its competitors. This is 11% below median its historical median of 14.34. Over the past decade, Cascades' Shiller PE Ratio has ranged from 6.85 to 138.33. According to the industry distribution chart, Cascades ranks #101 out of 267 companies in the Packaging & Containers industry, placing it in the top 37.8%.
Is Cascades' Shiller PE Ratio too high?
Cascades' current Shiller PE Ratio of 12.74 is 11% below median its 10-year median of 14.34. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 138.33. The Packaging & Containers industry median Shiller PE Ratio is 16.27. Cascades' value of 12.74 is 21.7% below this industry median. Based on the distribution chart, Cascades ranks #101 out of 267 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Cascades has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cascades' Shiller PE Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Cascades ranks #101 out of 267 companies for Shiller PE Ratio. This puts Cascades in the upper half of its industry. The industry median Shiller PE Ratio is 16.27. Cascades' value of 12.74 is 21.7% below this benchmark. Historically, Cascades' own Shiller PE Ratio has ranged from 6.85 to 138.33 over the past decade. While the company's 10-year median is 14.34 vs. the industry median of 16.27, 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 Shiller PE Ratio for a Packaging & Containers company?
The median Shiller PE Ratio among Packaging & Containers companies is 16.27, based on 267 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. Cascades's current Shiller PE Ratio of 12.74 is 21.7% 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 Cascades and its competitors. For the Packaging & Containers industry, the median Shiller PE Ratio is 16.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cascades's current Shiller PE Ratio is 12.74, which is 11% below median its own 10-year median of 14.34. 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$212.10, compared to a current price of C$16.43 — trading 92.3% below its estimated fair value. The current Shiller PE Ratio is 12.74, which is 11% below median its 10-year median of 14.34 and 21.7% below the Packaging & Containers industry median of 16.27. Cascades' overall GF Score™ is 72/100 with 5 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 Cascades (TSX:CAS), the current Shiller PE Ratio is 12.74 as of Aug. 26, 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$16.43 is trading 92.3% below its estimated GF Value™ of C$212.10. GuruFocus considers Cascades to be Possible Value Trap.

Key valuation signals for TSX:CAS:

  • Shiller PE Ratio: 12.74 (11% below median its 10-year median of 14.34)
  • GF Value™: C$212.10 vs. price of C$16.43 (92.3% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 21.7% below the Packaging & Containers median (#101 of 267)

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.
72GF Score

Get the complete analysis for TSX:CAS

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

C$16.43
Price
C$212.10
GF Value