CLAR (Clarus) Cyclically Adjusted PB Ratio: 0.43 (As of Jul. 11, 2026) — 60% Below Median


CLAR Clarus Corp CLAR
61 GF Score
Price $3.37
GF Value $4.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Clarus Cyclically Adjusted PB Ratio?

Clarus CLAR +2.44% 61 Cyclically Adjusted PB Ratio is 0.43 as of Jul. 11, 2026, which is 60% below its 10-year median of 1.08. GuruFocus rates CLAR with a GF Score™ of 61/100 and a GF Value™ of $4.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 649 Travel & Leisure companies, Clarus ranks better than 79.35% on this metric.

As of today (2026-07-11), Clarus's current share price is $3.37. Clarus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.87. Clarus's Cyclically Adjusted PB Ratio for today is 0.43.

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

CLAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.08   Max: 4.15
Current: 0.42

During the past years, Clarus's highest Cyclically Adjusted PB Ratio was 4.15. The lowest was 0.34. And the median was 1.08.

CLAR's Cyclically Adjusted PB Ratio is ranked better than
79.35% of 649 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs CLAR: 0.42

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.

Clarus's adjusted book value per share data for the three months ended in Mar. 2026 was $5.038. 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 $7.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clarus  (NAS:CLAR) 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.


Clarus Cyclically Adjusted PB Ratio Related Terms


Clarus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clarus'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.

Clarus Cyclically Adjusted PB Ratio Chart

Clarus 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 3.71 0.99 0.87 0.57 0.43

Clarus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.47 0.44 0.44 0.43 0.35

CLAR vs AOUT, PLBY, PUSA: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Clarus'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.


Clarus Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CLAR
61GF Score
Clarus Corp CLAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clarus 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.

Clarus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.37/7.87
=0.43

* 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.

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

For example, Clarus's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.038/330.2130*330.2130
=5.038

Current CPI (Mar. 2026) = 330.2130.

Clarus Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.442 241.018 7.456
201609 5.395 241.428 7.379
201612 5.334 241.432 7.295
201703 5.284 243.801 7.157
201706 5.184 244.955 6.988
201709 5.154 246.819 6.895
201712 5.401 246.524 7.235
201803 5.455 249.554 7.218
201806 5.434 251.989 7.121
201809 5.470 252.439 7.155
201812 5.562 251.233 7.311
201903 5.675 254.202 7.372
201906 5.576 256.143 7.188
201909 5.650 256.759 7.266
201912 6.062 256.974 7.790
202003 6.072 258.115 7.768
202006 5.995 257.797 7.679
202009 6.289 260.280 7.979
202012 6.552 260.474 8.306
202103 6.722 264.877 8.380
202106 6.834 271.696 8.306
202109 7.947 274.310 9.567
202112 9.979 278.802 11.819
202203 10.296 287.504 11.825
202206 10.010 296.311 11.155
202209 9.804 296.808 10.907
202212 7.885 296.797 8.773
202303 7.876 301.836 8.616
202306 7.791 305.109 8.432
202309 7.671 307.789 8.230
202312 7.657 306.746 8.243
202403 8.117 312.332 8.582
202406 8.023 314.175 8.433
202409 8.041 315.301 8.421
202412 6.076 315.605 6.357
202503 5.971 319.799 6.165
202506 5.862 322.561 6.001
202509 5.880 324.800 5.978
202512 5.114 324.054 5.211
202603 5.038 330.213 5.038

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 0.43 mean?
Clarus (CLAR) has a Cyclically Adjusted PB Ratio of 0.43 as of Jul. 11, 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 Clarus and its competitors. This is 60% below median its historical median of 1.08. Over the past decade, Clarus' Cyclically Adjusted PB Ratio has ranged from 0.34 to 4.15. According to the industry distribution chart, Clarus ranks #134 out of 649 companies in the Travel & Leisure industry, placing it in the top 20.6%.
Is Clarus' Cyclically Adjusted PB Ratio too high?
Clarus' current Cyclically Adjusted PB Ratio of 0.43 is 60% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 4.15. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Clarus' value of 0.43 is 65% below this industry median. Based on the distribution chart, Clarus ranks #134 out of 649 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Clarus has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clarus' Cyclically Adjusted PB Ratio compare to AOUT and PLBY?
According to the Travel & Leisure industry distribution chart, Clarus ranks #134 out of 649 companies for Cyclically Adjusted PB Ratio. This places Clarus in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.23. Clarus' value of 0.43 is 65% below this benchmark. Historically, Clarus' own Cyclically Adjusted PB Ratio has ranged from 0.34 to 4.15 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.23, Clarus 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 649 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. Clarus's current Cyclically Adjusted PB Ratio of 0.43 is 65% 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 Clarus and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clarus's current Cyclically Adjusted PB Ratio is 0.43, which is 60% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clarus stock overvalued right now?
Based on GuruFocus' analysis, Clarus (CLAR) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.20, compared to a current price of $3.37 — trading 19.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 60% below median its 10-year median of 1.08 and 65% below the Travel & Leisure industry median of 1.23. Clarus' overall GF Score™ is 61/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Clarus (CLAR), the current Cyclically Adjusted PB Ratio is 0.43 as of Jul. 11, 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 Clarus (CLAR) Overvalued in 2026?

Based on GuruFocus' analysis, Clarus stock appears to be undervalued. The current stock price of $3.37 is trading 19.8% below its estimated GF Value™ of $4.20. GuruFocus considers Clarus to be Modestly Undervalued.

Key valuation signals for CLAR:

  • Cyclically Adjusted PB Ratio: 0.43 (60% below median its 10-year median of 1.08)
  • GF Value™: $4.20 vs. price of $3.37 (19.8% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 65% below the Travel & Leisure median (#134 of 649)

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


Clarus Business Description

Address 2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a world-wide leader in designing, manufacturing, and marketing outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and U.S.
61GF Score

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

$3.37
Price
$4.20
GF Value