CFWFF (Calfrac Well Services) Cyclically Adjusted PB Ratio: 0.09 (As of Aug. 28, 2026) — 200% Above Median

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CFWFF Calfrac Well Services Ltd CFWFF
57 GF Score
Price $4.99
GF Value $2.18
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Calfrac Well Services Cyclically Adjusted PB Ratio?

Calfrac Well Services CFWFF 57 Cyclically Adjusted PB Ratio is 0.09 as of Aug. 28, 2026, which is 200% above its 10-year median of 0.03. GuruFocus rates CFWFF with a GF Score™ of 57/100 and a GF Value™ of $2.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 752 Oil & Gas companies, Calfrac Well Services ranks better than 94.95% on this metric.

As of today (2026-08-28), Calfrac Well Services's current share price is $4.99. Calfrac Well Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $58.66. Calfrac Well Services's Cyclically Adjusted PB Ratio for today is 0.09.

The historical rank and industry rank for Calfrac Well Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

CFWFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 1.14
Current: 0.08

During the past years, Calfrac Well Services's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.01. And the median was 0.03.

CFWFF's Cyclically Adjusted PB Ratio is ranked better than
94.95% of 752 companies
in the Oil & Gas industry
Industry Median: 1.2 vs CFWFF: 0.08

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Calfrac Well Services's adjusted book value per share data for the three months ended in Jun. 2026 was $5.222. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $58.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calfrac Well Services  (OTCPK:CFWFF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Calfrac Well Services Cyclically Adjusted PB Ratio Related Terms


Calfrac Well Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Calfrac Well Services's Cyclically Adjusted PB 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.

Calfrac Well Services Cyclically Adjusted PB Ratio Chart

Calfrac Well Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.02 0.03 0.04

Calfrac Well Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 0.03 0.03 0.04 0.07 0.08

CFWFF vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Calfrac Well Services's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Calfrac Well Services Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Calfrac Well Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Calfrac Well Services's Cyclically Adjusted PB Ratio falls into.


CFWFF
57GF Score
Calfrac Well Services Ltd CFWFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calfrac Well Services Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Calfrac Well Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.99/58.66
=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.

Calfrac Well Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Calfrac Well Services's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.222/133.5265*133.5265
=5.222

Current CPI (Jun. 2026) = 133.5265.

Calfrac Well Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 164.665 101.765 216.059
201612 136.217 101.449 179.289
201703 132.383 102.634 172.230
201706 127.836 103.029 165.677
201709 142.809 103.345 184.516
201712 148.954 103.345 192.456
201803 148.050 105.004 188.265
201806 136.952 105.557 173.240
201809 134.524 105.636 170.042
201812 129.722 105.399 164.341
201903 121.538 106.979 151.698
201906 113.018 107.690 140.132
201909 105.787 107.611 131.263
201912 94.662 107.769 117.287
202003 57.629 107.927 71.298
202006 -8.519 108.401 -10.494
202009 -20.609 108.164 -25.441
202012 8.391 108.559 10.321
202103 8.010 110.298 9.697
202106 7.510 111.720 8.976
202109 7.351 112.905 8.694
202112 6.679 113.774 7.839
202203 6.090 117.646 6.912
202206 5.732 120.806 6.336
202209 6.545 120.648 7.244
202212 3.780 120.964 4.173
202303 4.066 122.702 4.425
202306 4.588 124.203 4.932
202309 5.327 125.230 5.680
202312 5.249 125.072 5.604
202403 5.269 126.258 5.572
202406 5.447 127.522 5.703
202409 5.429 127.285 5.695
202412 5.234 127.364 5.487
202503 5.248 129.181 5.425
202506 5.475 129.892 5.628
202509 5.509 130.287 5.646
202512 4.868 130.366 4.986
202603 5.055 132.262 5.103
202606 5.222 133.527 5.222

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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 PB Ratio of 0.09 mean?
Calfrac Well Services (CFWFF) has a Cyclically Adjusted PB Ratio of 0.09 as of Aug. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Calfrac Well Services and its competitors. This is 200% above median its historical median of 0.03. Over the past decade, Calfrac Well Services' Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.14. According to the industry distribution chart, Calfrac Well Services ranks #38 out of 752 companies in the Oil & Gas industry, placing it in the top 5.1%.
Is Calfrac Well Services' Cyclically Adjusted PB Ratio too high?
Calfrac Well Services' current Cyclically Adjusted PB Ratio of 0.09 is 200% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.14. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Calfrac Well Services' value of 0.09 is 92.5% below this industry median. Based on the distribution chart, Calfrac Well Services ranks #38 out of 752 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Calfrac Well Services has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calfrac Well Services' Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Calfrac Well Services ranks #38 out of 752 companies for Cyclically Adjusted PB Ratio. This places Calfrac Well Services in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Calfrac Well Services' value of 0.09 is 92.5% below this benchmark. Historically, Calfrac Well Services' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.14 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.20, Calfrac Well Services 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 PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 752 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calfrac Well Services's current Cyclically Adjusted PB Ratio of 0.09 is 92.5% 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 PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Calfrac Well Services and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calfrac Well Services's current Cyclically Adjusted PB Ratio is 0.09, which is 200% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calfrac Well Services stock overvalued right now?
Based on GuruFocus' analysis, Calfrac Well Services (CFWFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.18, compared to a current price of $4.99 — trading 128.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 200% above median its 10-year median of 0.03 and 92.5% below the Oil & Gas industry median of 1.20. Calfrac Well Services' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Calfrac Well Services (CFWFF), the current Cyclically Adjusted PB Ratio is 0.09 as of Aug. 28, 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 Calfrac Well Services (CFWFF) Overvalued in 2026?

Based on GuruFocus' analysis, Calfrac Well Services stock appears to be overvalued. The current stock price of $4.99 is trading 128.9% above its estimated GF Value™ of $2.18. GuruFocus considers Calfrac Well Services to be Significantly Overvalued.

Key valuation signals for CFWFF:

  • Cyclically Adjusted PB Ratio: 0.09 (200% above median its 10-year median of 0.03)
  • GF Value™: $2.18 vs. price of $4.99 (128.9% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 92.5% below the Oil & Gas median (#38 of 752)

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


Calfrac Well Services Business Description

Industry EnergyOil & Gas
Other Exchanges 5CFA:GermanyCFW:Canada
Address 407 - 8th Avenue SW, Suite 601, Calgary, AB, CAN, T2P 1E5
Calfrac Well Services Ltd is an independent provider of specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and wireline services for the oil and natural gas industries in the United States, Canada, and Argentina. The company operates through two main segments. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin in North Dakota, as well as the broader Rockies region. The Argentina segment, which generates the highest revenue, offers fracturing, coiled tubing, cementing, and other well stimulation services to oil and natural gas companies operating in the Neuquen and Comodoro Rivadavia regions.
57GF Score

Get the complete analysis for CFWFF

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

$4.99
Price
$2.18
GF Value