CNLFF (Canlan Ice Sports) Cyclically Adjusted PB Ratio: 1.04 (As of Jul. 22, 2026) — Near Median

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CNLFF Canlan Ice Sports Corp CNLFF
80 GF Score
Price $2.97
GF Value $3.08
! 4 Warning Signs
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What is Canlan Ice Sports Cyclically Adjusted PB Ratio?

Canlan Ice Sports CNLFF 80 Cyclically Adjusted PB Ratio is 1.04 as of Jul. 22, 2026, which is at its 10-year median of 1.04. GuruFocus rates CNLFF with a GF Score™ of 80/100 and a GF Value™ of $3.08. The stock has 4 warning signs investors should review. Among 649 Travel & Leisure companies, Canlan Ice Sports ranks better than 51.93% on this metric.

As of today (2026-07-22), Canlan Ice Sports's current share price is $2.97275. Canlan Ice Sports's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.86. Canlan Ice Sports's Cyclically Adjusted PB Ratio for today is 1.04.

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

CNLFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.04   Max: 1.57
Current: 1.13

During the past years, Canlan Ice Sports's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.66. And the median was 1.04.

CNLFF's Cyclically Adjusted PB Ratio is ranked better than
51.93% of 649 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs CNLFF: 1.13

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.

Canlan Ice Sports's adjusted book value per share data for the three months ended in Mar. 2026 was $2.229. 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 $2.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canlan Ice Sports  (OTCPK:CNLFF) 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.


Canlan Ice Sports Cyclically Adjusted PB Ratio Related Terms


Canlan Ice Sports Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Cyclically Adjusted PB Ratio Chart

Canlan Ice Sports 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 0.91 1.01 1.04 1.04 1.06

Canlan Ice Sports 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 0.99 1.06 1.04 1.06 1.04

CNLFF vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


CNLFF
80GF Score
Canlan Ice Sports Corp CNLFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canlan Ice Sports 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.

Canlan Ice Sports's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.97275/2.86
=1.04

* 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.

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

For example, Canlan Ice Sports'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)
=2.229/132.2623*132.2623
=2.229

Current CPI (Mar. 2026) = 132.2623.

Canlan Ice Sports Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.472 102.002 3.205
201609 2.363 101.765 3.071
201612 2.449 101.449 3.193
201703 2.602 102.634 3.353
201706 2.531 103.029 3.249
201709 2.625 103.345 3.360
201712 2.654 103.345 3.397
201803 2.872 105.004 3.618
201806 2.752 105.557 3.448
201809 2.690 105.636 3.368
201812 2.780 105.399 3.489
201903 2.905 106.979 3.592
201906 2.757 107.690 3.386
201909 2.756 107.611 3.387
201912 2.755 107.769 3.381
202003 2.837 107.927 3.477
202006 2.517 108.401 3.071
202009 2.533 108.164 3.097
202012 2.441 108.559 2.974
202103 2.337 110.298 2.802
202106 2.219 111.720 2.627
202109 2.245 112.905 2.630
202112 2.367 113.774 2.752
202203 2.495 117.646 2.805
202206 2.504 120.806 2.741
202209 2.524 120.648 2.767
202212 2.575 120.964 2.816
202303 2.721 122.702 2.933
202306 2.783 124.203 2.964
202309 2.536 125.230 2.678
202312 2.496 125.072 2.639
202403 2.732 126.258 2.862
202406 2.631 127.522 2.729
202409 2.468 127.285 2.565
202412 2.569 127.364 2.668
202503 2.747 129.181 2.813
202506 2.383 129.892 2.426
202509 2.239 130.287 2.273
202512 1.957 130.366 1.985
202603 2.229 132.262 2.229

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 1.04 mean?
Canlan Ice Sports (CNLFF) has a Cyclically Adjusted PB Ratio of 1.04 as of Jul. 22, 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 Canlan Ice Sports and its competitors. This is near median its historical median of 1.04. Over the past decade, Canlan Ice Sports' Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.57. According to the industry distribution chart, Canlan Ice Sports ranks #312 out of 649 companies in the Travel & Leisure industry, placing it in the top 48.1%.
Is Canlan Ice Sports' Cyclically Adjusted PB Ratio too high?
Canlan Ice Sports' current Cyclically Adjusted PB Ratio of 1.04 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.57. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Canlan Ice Sports' value of 1.04 is 13.3% below this industry median. Based on the distribution chart, Canlan Ice Sports ranks #312 out of 649 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Canlan Ice Sports has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Canlan Ice Sports ranks #312 out of 649 companies for Cyclically Adjusted PB Ratio. This puts Canlan Ice Sports in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Canlan Ice Sports' value of 1.04 is 13.3% below this benchmark. Historically, Canlan Ice Sports' own Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.57 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.20, Canlan Ice Sports 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 1.20, 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. Canlan Ice Sports's current Cyclically Adjusted PB Ratio of 1.04 is 13.3% 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 Canlan Ice Sports and its competitors. For the Travel & Leisure 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. Canlan Ice Sports's current Cyclically Adjusted PB Ratio is 1.04, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Canlan Ice Sports (CNLFF) has a current Cyclically Adjusted PB Ratio of 1.04. The stock's GF Value™ is $3.08, compared to a current price of $2.97 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is near median its 10-year median of 1.04 and 13.3% below the Travel & Leisure industry median of 1.20. Canlan Ice Sports' overall GF Score™ is 80/100 with 4 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 Canlan Ice Sports (CNLFF), the current Cyclically Adjusted PB Ratio is 1.04 as of Jul. 22, 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 Canlan Ice Sports (CNLFF) Overvalued in 2026?

Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued. The current stock price of $2.97 is trading 3.5% below its estimated GF Value™ of $3.08.

Key valuation signals for CNLFF:

  • Cyclically Adjusted PB Ratio: 1.04 (near median its 10-year median of 1.04)
  • GF Value™: $3.08 vs. price of $2.97 (3.5% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 13.3% below the Travel & Leisure median (#312 of 649)

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


Canlan Ice Sports Business Description

Other Exchanges ICE:Canada
Address 6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
80GF 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.

$2.97
Price
$3.08
GF Value