Clairvest Group (FRA:N77) Cyclically Adjusted PB Ratio: 1.08 (As of Aug. 03, 2026) — 23% Below Median

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FRA:N77 Clairvest Group Inc FRA:N77
61 GF Score
Price €47.20
GF Value €82.77
! 1 Warning Sign
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What is Clairvest Group Cyclically Adjusted PB Ratio?

Clairvest Group FRA:N77 -1.26% 61 Cyclically Adjusted PB Ratio is 1.08 as of Aug. 03, 2026, which is 23% below its 10-year median of 1.41. GuruFocus rates FRA:N77 with a GF Score™ of 61/100 and a GF Value™ of €82.77. The stock has 1 warning sign investors should review. Among 998 Asset Management companies, Clairvest Group ranks worse than 65.13% on this metric.

As of today (2026-08-03), Clairvest Group's current share price is €47.20. Clairvest Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €43.55. Clairvest Group's Cyclically Adjusted PB Ratio for today is 1.08.

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

FRA:N77' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.41   Max: 1.83
Current: 1.09

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.

FRA:N77's Cyclically Adjusted PB Ratio is ranked worse than
65.13% of 998 companies
in the Asset Management industry
Industry Median: 0.84 vs FRA:N77: 1.09

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 €60.906. 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 €43.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clairvest Group  (FRA:N77) 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

FRA:N77 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.


FRA:N77
61GF Score
Clairvest Group Inc FRA:N77
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
=47.20/43.55
=1.08

* 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)
=60.906/132.2623*132.2623
=60.906

Current CPI (Mar. 2026) = 132.2623.

Clairvest Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.332 102.002 28.957
201609 22.466 101.765 29.199
201612 24.928 101.449 32.500
201703 25.292 102.634 32.593
201706 23.489 103.029 30.154
201709 25.891 103.345 33.136
201712 28.311 103.345 36.233
201803 27.598 105.004 34.762
201806 30.767 105.557 38.551
201809 31.598 105.636 39.562
201812 32.482 105.399 40.761
201903 34.051 106.979 42.098
201906 34.177 107.690 41.975
201909 35.898 107.611 44.121
201912 39.082 107.769 47.964
202003 36.012 107.927 44.132
202006 38.838 108.401 47.387
202009 37.005 108.164 45.249
202012 35.928 108.559 43.773
202103 38.072 110.298 45.654
202106 39.122 111.720 46.316
202109 39.911 112.905 46.754
202112 44.652 113.774 51.908
202203 56.183 117.646 63.163
202206 56.741 120.806 62.122
202209 60.178 120.648 65.971
202212 56.963 120.964 62.284
202303 55.326 122.702 59.637
202306 56.645 124.203 60.320
202309 54.437 125.230 57.494
202312 53.576 125.072 56.656
202403 54.484 126.258 57.075
202406 54.916 127.522 56.957
202409 55.913 127.285 58.100
202412 58.170 127.364 60.407
202503 56.896 129.181 58.253
202506 56.414 129.892 57.443
202509 51.685 130.287 52.469
202512 56.742 130.366 57.567
202603 60.906 132.262 60.906

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 1.08 mean?
Clairvest Group (FRA:N77) has a Cyclically Adjusted PB Ratio of 1.08 as of Aug. 03, 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 23% 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 #650 out of 998 companies in the Asset Management industry, placing it in the top 65.1%.
Is Clairvest Group's Cyclically Adjusted PB Ratio too high?
Clairvest Group's current Cyclically Adjusted PB Ratio of 1.08 is 23% 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 0.84. Clairvest Group's value of 1.08 is 28.6% above this industry median. Based on the distribution chart, Clairvest Group ranks #650 out of 998 companies in the Asset Management industry, which is below the industry midpoint. Overall, Clairvest Group has a GF Score™ of 61/100, 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 #650 out of 998 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 0.84. Clairvest Group's value of 1.08 is 28.6% 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 0.84, 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 0.84, based on 998 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 1.08 is 28.6% 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 0.84 — 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 1.08, which is 23% 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 (FRA:N77) has a current Cyclically Adjusted PB Ratio of 1.08. The stock's GF Value™ is €82.77, compared to a current price of €47.20 — trading 43% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 23% below median its 10-year median of 1.41 and 28.6% above the Asset Management industry median of 0.84. Clairvest Group's overall GF Score™ is 61/100 with 1 warning sign 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 (FRA:N77), the current Cyclically Adjusted PB Ratio is 1.08 as of Aug. 03, 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 (FRA:N77) Overvalued in 2026?

Based on GuruFocus' analysis, Clairvest Group stock appears to be undervalued. The current stock price of €47.20 is trading 43% below its estimated GF Value™ of €82.77.

Key valuation signals for FRA:N77:

  • Cyclically Adjusted PB Ratio: 1.08 (23% below median its 10-year median of 1.41)
  • GF Value™: €82.77 vs. price of €47.20 (43% below fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 28.6% above the Asset Management median (#650 of 998)

No single metric tells the full story. See the FRA:N77 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.
61GF Score

Get the complete analysis for FRA:N77

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

€47.20
Price
€82.77
GF Value