Clarke (FRA:CK5A) Cyclically Adjusted PB Ratio: 1.46 (As of Aug. 19, 2026) — 87% Above Median

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FRA:CK5A Clarke Inc FRA:CK5A
48 GF Score
Price €14.70
GF Value €22.41
! 3 Warning Signs
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What is Clarke Cyclically Adjusted PB Ratio?

Clarke FRA:CK5A +3.52% 48 Cyclically Adjusted PB Ratio is 1.46 as of Aug. 19, 2026, which is 87% above its 10-year median of 0.78. GuruFocus rates FRA:CK5A with a GF Score™ of 48/100 and a GF Value™ of €22.41. The stock has 3 warning signs investors should review. Among 635 Travel & Leisure companies, Clarke ranks worse than 54.02% on this metric.

As of today (2026-08-19), Clarke's current share price is €14.70. Clarke's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.05. Clarke's Cyclically Adjusted PB Ratio for today is 1.46.

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

FRA:CK5A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.78   Max: 2.34
Current: 1.41

During the past years, Clarke's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 0.42. And the median was 0.78.

FRA:CK5A's Cyclically Adjusted PB Ratio is ranked worse than
54.02% of 635 companies
in the Travel & Leisure industry
Industry Median: 1.18 vs FRA:CK5A: 1.41

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.

Clarke's adjusted book value per share data for the three months ended in Jun. 2026 was €19.175. 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 €10.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clarke  (FRA:CK5A) 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.


Clarke Cyclically Adjusted PB Ratio Related Terms


Clarke Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clarke'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.

Clarke Cyclically Adjusted PB Ratio Chart

Clarke 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 0.87 0.93 0.98 1.57 1.32

Clarke Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.56 1.79 1.32 1.41 1.32

FRA:CK5A vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Clarke'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.


Clarke Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


FRA:CK5A
48GF Score
Clarke Inc FRA:CK5A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clarke 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.70/10.05
=1.46

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=19.175/133.5265*133.5265
=19.175

Current CPI (Jun. 2026) = 133.5265.

Clarke Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.381 101.765 9.685
201612 8.249 101.449 10.857
201703 8.336 102.634 10.845
201706 8.022 103.029 10.397
201709 6.793 103.345 8.777
201712 7.088 103.345 9.158
201803 6.853 105.004 8.714
201806 7.171 105.557 9.071
201809 8.668 105.636 10.957
201812 7.987 105.399 10.118
201903 10.078 106.979 12.579
201906 9.852 107.690 12.216
201909 9.776 107.611 12.130
201912 10.294 107.769 12.754
202003 5.233 107.927 6.474
202006 5.510 108.401 6.787
202009 5.845 108.164 7.216
202012 7.185 108.559 8.837
202103 8.157 110.298 9.875
202106 9.172 111.720 10.962
202109 9.363 112.905 11.073
202112 10.008 113.774 11.746
202203 10.692 117.646 12.135
202206 9.965 120.806 11.014
202209 10.470 120.648 11.588
202212 10.618 120.964 11.721
202303 10.481 122.702 11.406
202306 10.636 124.203 11.434
202309 10.647 125.230 11.352
202312 11.296 125.072 12.060
202403 11.259 126.258 11.907
202406 11.273 127.522 11.804
202409 12.188 127.285 12.786
202412 13.307 127.364 13.951
202503 12.924 129.181 13.359
202506 12.630 129.892 12.983
202509 13.071 130.287 13.396
202512 13.049 130.366 13.365
202603 13.878 132.262 14.011
202606 19.175 133.527 19.175

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 1.46 mean?
Clarke (FRA:CK5A) has a Cyclically Adjusted PB Ratio of 1.46 as of Aug. 19, 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 Clarke and its competitors. This is 87% above median its historical median of 0.78. Over the past decade, Clarke's Cyclically Adjusted PB Ratio has ranged from 0.42 to 2.34. According to the industry distribution chart, Clarke ranks #343 out of 635 companies in the Travel & Leisure industry, placing it in the top 54%.
Is Clarke's Cyclically Adjusted PB Ratio too high?
Clarke's current Cyclically Adjusted PB Ratio of 1.46 is 87% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.34. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.18. Clarke's value of 1.46 is 23.7% above this industry median. Based on the distribution chart, Clarke ranks #343 out of 635 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Clarke has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Clarke's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Clarke ranks #343 out of 635 companies for Cyclically Adjusted PB Ratio. This places Clarke in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Clarke's value of 1.46 is 23.7% above this benchmark. Historically, Clarke's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 2.34 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.18, Clarke 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.18, based on 635 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. Clarke's current Cyclically Adjusted PB Ratio of 1.46 is 23.7% 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 Clarke and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clarke's current Cyclically Adjusted PB Ratio is 1.46, which is 87% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clarke stock overvalued right now?
Clarke (FRA:CK5A) has a current Cyclically Adjusted PB Ratio of 1.46. The stock's GF Value™ is €22.41, compared to a current price of €14.70 — trading 34.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 87% above median its 10-year median of 0.78 and 23.7% above the Travel & Leisure industry median of 1.18. Clarke's overall GF Score™ is 48/100 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 Clarke (FRA:CK5A), the current Cyclically Adjusted PB Ratio is 1.46 as of Aug. 19, 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 Clarke (FRA:CK5A) Overvalued in 2026?

Based on GuruFocus' analysis, Clarke stock appears to be undervalued. The current stock price of €14.70 is trading 34.4% below its estimated GF Value™ of €22.41.

Key valuation signals for FRA:CK5A:

  • Cyclically Adjusted PB Ratio: 1.46 (87% above median its 10-year median of 0.78)
  • GF Value™: €22.41 vs. price of €14.70 (34.4% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 23.7% above the Travel & Leisure median (#343 of 635)

No single metric tells the full story. See the FRA:CK5A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clarke Business Description

Other Exchanges CLKFF:USACKI:Canada
Address 168 Hobsons Lake Drive, Suite 300, Beechville, NS, CAN, B3S 0G4
Clarke Inc is an investment holding company and real estate company that invests in a diversified group of businesses and across real estate sectors, operating predominantly in Canada. The company operates in two segments namely, Investment and Hospitality. The Investment segment represents the Companies investment properties, loan receivable and ferry business. The Hospitality segment consists of the Companies ownership, management and operation of hotels. The maximum revenue for the company is generated from the Hospitality Segment.
48GF Score

Get the complete analysis for FRA:CK5A

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

€14.70
Price
€22.41
GF Value