CLNFF (Calian Group) Cyclically Adjusted PB Ratio: 3.53 (As of Jul. 14, 2026) — Near Median

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CLNFF Calian Group Ltd CLNFF
94 GF Score
Price $57.47
GF Value $47.11
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Calian Group Cyclically Adjusted PB Ratio?

Calian Group CLNFF +0.37% 94 Cyclically Adjusted PB Ratio is 3.53 as of Jul. 14, 2026, which is 9% above its 10-year median of 3.25. GuruFocus rates CLNFF with a GF Score™ of 94/100 and a GF Value™ of $47.11 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 730 Business Services companies, Calian Group ranks worse than 77.12% on this metric.

As of today (2026-07-14), Calian Group's current share price is $57.47. Calian Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.30. Calian Group's Cyclically Adjusted PB Ratio for today is 3.53.

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

CLNFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.25   Max: 5.97
Current: 3.4

During the past years, Calian Group's highest Cyclically Adjusted PB Ratio was 5.97. The lowest was 1.79. And the median was 3.25.

CLNFF's Cyclically Adjusted PB Ratio is ranked worse than
77.12% of 730 companies
in the Business Services industry
Industry Median: 1.57 vs CLNFF: 3.40

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.

Calian Group's adjusted book value per share data for the three months ended in Mar. 2026 was $21.089. 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 $16.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calian Group  (OTCPK:CLNFF) 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.


Calian Group Cyclically Adjusted PB Ratio Related Terms


Calian Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Calian Group'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.

Calian Group Cyclically Adjusted PB Ratio Chart

Calian Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 3.43 2.76 2.25 2.21

Calian Group 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 2.05 2.27 2.21 2.43 3.09

CLNFF vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Calian Group'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.


Calian Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Calian Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CLNFF
94GF Score
Calian Group Ltd CLNFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calian Group 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.

Calian Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.47/16.30
=3.53

* 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.

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

For example, Calian Group'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)
=21.089/132.2623*132.2623
=21.089

Current CPI (Mar. 2026) = 132.2623.

Calian Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.805 102.002 10.121
201609 7.984 101.765 10.377
201612 8.094 101.449 10.552
201703 8.488 102.634 10.938
201706 8.543 103.029 10.967
201709 9.519 103.345 12.183
201712 9.405 103.345 12.037
201803 9.464 105.004 11.921
201806 9.448 105.557 11.838
201809 9.886 105.636 12.378
201812 9.521 105.399 11.948
201903 9.930 106.979 12.277
201906 10.343 107.690 12.703
201909 10.961 107.611 13.472
201912 11.343 107.769 13.921
202003 13.880 107.927 17.010
202006 14.692 108.401 17.926
202009 15.520 108.164 18.978
202012 16.276 108.559 19.830
202103 20.640 110.298 24.750
202106 21.432 111.720 25.373
202109 20.444 112.905 23.949
202112 20.263 113.774 23.556
202203 20.527 117.646 23.077
202206 20.432 120.806 22.370
202209 19.712 120.648 21.610
202212 19.588 120.964 21.418
202303 19.696 122.702 21.231
202306 20.429 124.203 21.755
202309 20.544 125.230 21.698
202312 20.757 125.072 21.950
202403 20.899 126.258 21.893
202406 20.578 127.522 21.343
202409 20.439 127.285 21.238
202412 19.428 127.364 20.175
202503 19.176 129.181 19.633
202506 19.426 129.892 19.780
202509 20.462 130.287 20.772
202512 20.450 130.366 20.747
202603 21.089 132.262 21.089

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 3.53 mean?
Calian Group (CLNFF) has a Cyclically Adjusted PB Ratio of 3.53 as of Jul. 14, 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 Calian Group and its competitors. This is near median its historical median of 3.25. Over the past decade, Calian Group's Cyclically Adjusted PB Ratio has ranged from 1.79 to 5.97. According to the industry distribution chart, Calian Group ranks #563 out of 730 companies in the Business Services industry, placing it in the top 77.1%.
Is Calian Group's Cyclically Adjusted PB Ratio too high?
Calian Group's current Cyclically Adjusted PB Ratio of 3.53 is near median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 5.97. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. Calian Group's value of 3.53 is 124.8% above this industry median. Based on the distribution chart, Calian Group ranks #563 out of 730 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Calian Group has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calian Group's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Calian Group ranks #563 out of 730 companies for Cyclically Adjusted PB Ratio. This places Calian Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Calian Group's value of 3.53 is 124.8% above this benchmark. Historically, Calian Group's own Cyclically Adjusted PB Ratio has ranged from 1.79 to 5.97 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 1.57, Calian Group has consistently been above 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 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. Calian Group's current Cyclically Adjusted PB Ratio of 3.53 is 124.8% above 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 Calian Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calian Group's current Cyclically Adjusted PB Ratio is 3.53, which is near median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calian Group stock overvalued right now?
Based on GuruFocus' analysis, Calian Group (CLNFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $47.11, compared to a current price of $57.47 — trading 22% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.53, which is near median its 10-year median of 3.25 and 124.8% above the Business Services industry median of 1.57. Calian Group's overall GF Score™ is 94/100 with 6 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 Calian Group (CLNFF), the current Cyclically Adjusted PB Ratio is 3.53 as of Jul. 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 Calian Group (CLNFF) Overvalued in 2026?

Based on GuruFocus' analysis, Calian Group stock appears to be overvalued. The current stock price of $57.47 is trading 22% above its estimated GF Value™ of $47.11. GuruFocus considers Calian Group to be Modestly Overvalued.

Key valuation signals for CLNFF:

  • Cyclically Adjusted PB Ratio: 3.53 (near median its 10-year median of 3.25)
  • GF Value™: $47.11 vs. price of $57.47 (22% above fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 124.8% above the Business Services median (#563 of 730)

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


Calian Group Business Description

Other Exchanges CGY:Canada
Address 770 Palladium Drive, Ottawa, ON, CAN, K2V 1C8
Calian Group Ltd provides services to industry and government across health, learning, defence, security, aerospace, engineering, AgTech, satcom, and IT. The company operates through four segments: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS), with majority revenue from Advanced Technologies. Its solutions cover cybersecurity and cloud services, communication and connectivity, antennas and SatCom solutions, enterprise IT and managed services, defence and military support, software and embedded design, modelling and simulation, and healthcare services, including virtual care, psychological services, staff augmentation, and pharma PSP and CRO services. It generates the majority of revenue from Canada and has a presence in the United States, Europe, and other.
94GF Score

Get the complete analysis for CLNFF

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

$57.47
Price
$47.11
GF Value