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Clearfield (STU:AP7) Cyclically Adjusted PB Ratio : 3.51 (As of May. 22, 2025)


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What is Clearfield Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Clearfield's current share price is €33.40. Clearfield's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €9.51. Clearfield's Cyclically Adjusted PB Ratio for today is 3.51.

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

STU:AP7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 5.05   Max: 22.17
Current: 3.65

During the past years, Clearfield's highest Cyclically Adjusted PB Ratio was 22.17. The lowest was 2.38. And the median was 5.05.

STU:AP7's Cyclically Adjusted PB Ratio is ranked worse than
77.43% of 1914 companies
in the Hardware industry
Industry Median: 1.645 vs STU:AP7: 3.65

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.

Clearfield's adjusted book value per share data for the three months ended in Mar. 2025 was €17.578. 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 €9.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearfield Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clearfield'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.

* Premium members only.

Clearfield Cyclically Adjusted PB Ratio Chart

Clearfield Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 9.11 17.73 3.68 4.10

Clearfield Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.56 4.24 4.10 3.14 2.87

Competitive Comparison of Clearfield's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Clearfield'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.


Clearfield's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Clearfield's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Clearfield 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.40/9.51
=3.51

* 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.

Clearfield's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Clearfield's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.578/134.9266*134.9266
=17.578

Current CPI (Mar. 2025) = 134.9266.

Clearfield Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.266 100.684 4.377
201509 3.334 100.392 4.481
201512 3.559 99.792 4.812
201603 3.607 100.470 4.844
201606 3.748 101.688 4.973
201609 3.948 101.861 5.230
201612 4.304 101.863 5.701
201703 4.343 102.862 5.697
201706 4.109 103.349 5.364
201709 3.919 104.136 5.078
201712 4.039 104.011 5.240
201803 3.879 105.290 4.971
201806 4.188 106.317 5.315
201809 4.325 106.507 5.479
201812 4.540 105.998 5.779
201903 4.629 107.251 5.824
201906 4.730 108.070 5.905
201909 4.987 108.329 6.211
201912 4.998 108.420 6.220
202003 5.063 108.902 6.273
202006 5.182 108.767 6.428
202009 5.147 109.815 6.324
202012 5.156 109.897 6.330
202103 5.496 111.754 6.636
202106 5.828 114.631 6.860
202109 6.427 115.734 7.493
202112 7.362 117.630 8.445
202203 8.137 121.301 9.051
202206 9.391 125.017 10.135
202209 10.787 125.227 11.623
202212 18.230 125.222 19.643
202303 18.698 127.348 19.811
202306 18.865 128.729 19.773
202309 19.358 129.860 20.113
202312 18.419 129.419 19.203
202403 17.826 131.776 18.252
202406 17.914 132.554 18.235
202409 17.462 133.029 17.711
202412 18.072 133.157 18.312
202503 17.578 134.927 17.578

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.


Clearfield  (STU:AP7) 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.


Clearfield Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Clearfield's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Clearfield Business Description

Industry
Traded in Other Exchanges
Address
7050 Winnetka Avenue North, Suite 100, Brooklyn Park, MN, USA, 55428
Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a various products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has international presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.

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