CLIRF (Clearford Water Systems) Cyclically Adjusted PB Ratio: (As of Aug. 11, 2026)

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What is Clearford Water Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearford Water Systems  (OTCPK:CLIRF) 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.


Clearford Water Systems Cyclically Adjusted PB Ratio Related Terms


Clearford Water Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clearford Water Systems'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.

Clearford Water Systems Cyclically Adjusted PB Ratio Chart

Clearford Water Systems Annual Data
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Cyclically Adjusted PB Ratio
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Clearford Water Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.00 0.00 0.00 0.00

CLIRF vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Clearford Water Systems'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.


Clearford Water Systems Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Clearford Water Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Clearford Water Systems 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.

Clearford Water Systems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Clearford Water Systems's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.466/112.9049*112.9049
=-0.466

Current CPI (Sep. 2021) = 112.9049.

Clearford Water Systems Quarterly Data

Book Value per Share CPI Adj_Book
201112 -0.009 94.970 -0.011
201203 0.001 96.155 0.001
201206 -0.013 96.076 -0.015
201209 -0.019 96.392 -0.022
201212 -0.036 95.760 -0.042
201303 -0.047 97.103 -0.055
201306 -0.055 97.182 -0.064
201309 -0.054 97.419 -0.063
201312 -0.063 96.945 -0.073
201403 -0.066 98.604 -0.076
201406 -0.084 99.473 -0.095
201409 -0.101 99.394 -0.115
201412 -0.102 98.367 -0.117
201503 -0.108 99.789 -0.122
201506 -0.119 100.500 -0.134
201509 -0.099 100.421 -0.111
201512 -0.112 99.947 -0.127
201603 -0.128 101.054 -0.143
201606 -0.143 102.002 -0.158
201609 -0.152 101.765 -0.169
201612 -0.163 101.449 -0.181
201703 -0.174 102.634 -0.191
201706 -0.186 103.029 -0.204
201709 -0.211 103.345 -0.231
201712 -0.165 103.345 -0.180
201803 -0.182 105.004 -0.196
201806 -0.195 105.557 -0.209
201809 -0.216 105.636 -0.231
201812 -0.236 105.399 -0.253
201903 -0.254 106.979 -0.268
201906 -0.275 107.690 -0.288
201909 -0.293 107.611 -0.307
201912 -0.325 107.769 -0.340
202003 -0.345 107.927 -0.361
202006 -0.363 108.401 -0.378
202009 -0.381 108.164 -0.398
202012 -0.401 108.559 -0.417
202103 -0.425 110.298 -0.435
202106 -0.451 111.720 -0.456
202109 -0.466 112.905 -0.466

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.


Clearford Water Systems Business Description

Address 515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4
Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.