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Clean Energy FuelsFRA:WIQ -0.30%63 Cyclically Adjusted PB Ratio is 0.54 as of Aug. 02, 2026, which is 16% below its 10-year median of 0.64. GuruFocus rates FRA:WIQ with a GF Score™ of 63/100 and a GF Value™ of €2.55 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 765 Oil & Gas companies, Clean Energy Fuels ranks better than 73.2% on this metric.
The historical rank and industry rank for Clean Energy Fuels's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:WIQ'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.64 Max: 3.83
Current: 0.55
During the past years, Clean Energy Fuels's highest Cyclically Adjusted PB Ratio was 3.83. The lowest was 0.26. And the median was 0.64.
FRA:WIQ's Cyclically Adjusted PB Ratio is ranked better than 73.2% of 765
companies
in the Oil & Gas industry
Industry Median: 1.21
vs FRA:WIQ: 0.55
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.
Clean Energy Fuels's adjusted book value per share data for the three months ended in Mar. 2026 was €2.192. 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 €3.05 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Clean Energy Fuels (FRA:WIQ) 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.
Clean Energy Fuels Cyclically Adjusted PB Ratio Related Terms
Clean Energy Fuels Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Clean Energy Fuels'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.
Clean Energy Fuels Cyclically Adjusted PB Ratio Chart
FRA:WIQ vs SGU, FGPR, BDCO: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.
Clean Energy Fuels Cyclically Adjusted PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Clean Energy Fuels's Cyclically Adjusted PB Ratio falls into.
Clean Energy Fuels 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.
Clean Energy Fuels's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.54 mean?
Clean Energy Fuels (FRA:WIQ) has a Cyclically Adjusted PB Ratio of 0.54 as of Aug. 02, 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 Clean Energy Fuels and its competitors. This is 16% below median its historical median of 0.64. Over the past decade, Clean Energy Fuels' Cyclically Adjusted PB Ratio has ranged from 0.26 to 3.83. According to the industry distribution chart, Clean Energy Fuels ranks #205 out of 765 companies in the Oil & Gas industry, placing it in the top 26.8%.
Is Clean Energy Fuels' Cyclically Adjusted PB Ratio too high?
Clean Energy Fuels' current Cyclically Adjusted PB Ratio of 0.54 is 16% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 3.83. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Clean Energy Fuels' value of 0.54 is 55.4% below this industry median. Based on the distribution chart, Clean Energy Fuels ranks #205 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Clean Energy Fuels has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Cyclically Adjusted PB Ratio compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #205 out of 765 companies for Cyclically Adjusted PB Ratio. This puts Clean Energy Fuels in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Clean Energy Fuels' value of 0.54 is 55.4% below this benchmark. Historically, Clean Energy Fuels' own Cyclically Adjusted PB Ratio has ranged from 0.26 to 3.83 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.21, Clean Energy Fuels 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 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. Clean Energy Fuels's current Cyclically Adjusted PB Ratio of 0.54 is 55.4% 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 Clean Energy Fuels and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Energy Fuels's current Cyclically Adjusted PB Ratio is 0.54, which is 16% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Clean Energy Fuels (FRA:WIQ) is currently considered Possible Value Trap. The stock's GF Value™ is €2.55, compared to a current price of €1.65 — trading 35.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 16% below median its 10-year median of 0.64 and 55.4% below the Oil & Gas industry median of 1.21. Clean Energy Fuels' overall GF Score™ is 63/100 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 Clean Energy Fuels (FRA:WIQ), the current Cyclically Adjusted PB Ratio is 0.54 as of Aug. 02, 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 Clean Energy Fuels (FRA:WIQ) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued.
The current stock price of €1.65 is trading 35.3% below its estimated GF Value™ of €2.55.
GuruFocus considers Clean Energy Fuels to be Possible Value Trap.
Key valuation signals for FRA:WIQ:
Cyclically Adjusted PB Ratio: 0.54 (16% below median its 10-year median of 0.64)
GF Value™: €2.55 vs. price of €1.65 (35.3% below fair value)
Industry Position: 55.4% below the Oil & Gas median (#205 of 765)
No single metric tells the full story. See the FRA:WIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
63GF Score
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