CVTGF (Clairvest Group) Cyclically Adjusted PB Ratio: 1.03 (As of Jul. 18, 2026) — 27% Below Median

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CVTGF Clairvest Group Inc CVTGF
59 GF Score
Price $49.00
GF Value $84.95
! 2 Warning Signs
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What is Clairvest Group Cyclically Adjusted PB Ratio?

Clairvest Group CVTGF 59 Cyclically Adjusted PB Ratio is 1.03 as of Jul. 18, 2026, which is 27% below its 10-year median of 1.41. GuruFocus rates CVTGF with a GF Score™ of 59/100 and a GF Value™ of $84.95. The stock has 2 warning signs investors should review. Among 999 Asset Management companies, Clairvest Group ranks worse than 63.76% on this metric.

As of today (2026-07-18), Clairvest Group's current share price is $49.00. Clairvest Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $47.42. Clairvest Group's Cyclically Adjusted PB Ratio for today is 1.03.

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

CVTGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.41   Max: 1.83
Current: 1.08

During the past years, Clairvest Group's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 1.01. And the median was 1.41.

CVTGF's Cyclically Adjusted PB Ratio is ranked worse than
63.76% of 999 companies
in the Asset Management industry
Industry Median: 0.85 vs CVTGF: 1.08

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.

Clairvest Group's adjusted book value per share data for the three months ended in Mar. 2026 was $70.411. 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 $47.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clairvest Group  (OTCPK:CVTGF) 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.


Clairvest Group Cyclically Adjusted PB Ratio Related Terms


Clairvest Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clairvest 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.

Clairvest Group Cyclically Adjusted PB Ratio Chart

Clairvest Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.50 1.24 1.07 1.03

Clairvest 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 1.07 1.16 1.05 1.05 1.03

CVTGF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Clairvest 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.


Clairvest Group Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Clairvest Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CVTGF
59GF Score
Clairvest Group Inc CVTGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clairvest 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/47.42
=1.03

* 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.

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

For example, Clairvest 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)
=70.411/132.2623*132.2623
=70.411

Current CPI (Mar. 2026) = 132.2623.

Clairvest Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.093 102.002 32.537
201609 25.214 101.765 32.770
201612 26.295 101.449 34.282
201703 27.050 102.634 34.859
201706 26.393 103.029 33.882
201709 30.860 103.345 39.495
201712 33.504 103.345 42.879
201803 34.029 105.004 42.863
201806 35.943 105.557 45.036
201809 36.871 105.636 46.165
201812 36.953 105.399 46.371
201903 38.476 106.979 47.569
201906 38.619 107.690 47.431
201909 39.535 107.611 48.591
201912 43.425 107.769 53.294
202003 39.792 107.927 48.764
202006 43.737 108.401 53.364
202009 43.586 108.164 53.297
202012 43.708 108.559 53.251
202103 45.323 110.298 54.349
202106 47.135 111.720 55.802
202109 46.954 112.905 55.004
202112 50.454 113.774 58.653
202203 61.875 117.646 69.563
202206 59.980 120.806 65.668
202209 59.582 120.648 65.318
202212 60.342 120.964 65.978
202303 59.236 122.702 63.851
202306 61.371 124.203 65.353
202309 58.097 125.230 61.359
202312 58.425 125.072 61.784
202403 59.221 126.258 62.037
202406 59.113 127.522 61.311
202409 62.057 127.285 64.484
202412 60.911 127.364 63.254
202503 61.509 129.181 62.976
202506 65.068 129.892 66.255
202509 60.663 130.287 61.583
202512 66.443 130.366 67.409
202603 70.411 132.262 70.411

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 1.03 mean?
Clairvest Group (CVTGF) has a Cyclically Adjusted PB Ratio of 1.03 as of Jul. 18, 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 Clairvest Group and its competitors. This is 27% below median its historical median of 1.41. Over the past decade, Clairvest Group's Cyclically Adjusted PB Ratio has ranged from 1.01 to 1.83. According to the industry distribution chart, Clairvest Group ranks #637 out of 999 companies in the Asset Management industry, placing it in the top 63.8%.
Is Clairvest Group's Cyclically Adjusted PB Ratio too high?
Clairvest Group's current Cyclically Adjusted PB Ratio of 1.03 is 27% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.83. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Clairvest Group's value of 1.03 is 21.2% above this industry median. Based on the distribution chart, Clairvest Group ranks #637 out of 999 companies in the Asset Management industry, which is below the industry midpoint. Overall, Clairvest Group has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Clairvest Group's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Clairvest Group ranks #637 out of 999 companies for Cyclically Adjusted PB Ratio. This places Clairvest Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Clairvest Group's value of 1.03 is 21.2% above this benchmark. Historically, Clairvest Group's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 1.83 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.85, Clairvest 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 999 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. Clairvest Group's current Cyclically Adjusted PB Ratio of 1.03 is 21.2% 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 Clairvest Group and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clairvest Group's current Cyclically Adjusted PB Ratio is 1.03, which is 27% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clairvest Group stock overvalued right now?
Clairvest Group (CVTGF) has a current Cyclically Adjusted PB Ratio of 1.03. The stock's GF Value™ is $84.95, compared to a current price of $49.00 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 27% below median its 10-year median of 1.41 and 21.2% above the Asset Management industry median of 0.85. Clairvest Group's overall GF Score™ is 59/100 with 2 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 Clairvest Group (CVTGF), the current Cyclically Adjusted PB Ratio is 1.03 as of Jul. 18, 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 Clairvest Group (CVTGF) Overvalued in 2026?

Based on GuruFocus' analysis, Clairvest Group stock appears to be undervalued. The current stock price of $49.00 is trading 42.3% below its estimated GF Value™ of $84.95.

Key valuation signals for CVTGF:

  • Cyclically Adjusted PB Ratio: 1.03 (27% below median its 10-year median of 1.41)
  • GF Value™: $84.95 vs. price of $49.00 (42.3% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 21.2% above the Asset Management median (#637 of 999)

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


Clairvest Group Business Description

Other Exchanges CVG:Canada
Address 22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of businesses that have the potential to create average returns in their respective industries. It contributes financing and strategic expertise to support the growth and development of its investee companies to create realizable value for all shareholders. It invests its capital into entrepreneurial corporations.
59GF 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.

$49.00
Price
$84.95
GF Value