Clydestone Ghana (XGHA:CLYD) Cyclically Adjusted PB Ratio: 59.80 (As of Aug. 14, 2026) — 2131% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XGHA:CLYD Clydestone Ghana PLC XGHA:CLYD
29 GF Score
Price GHS5.98
GF Value GHS0.03
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Clydestone Ghana Cyclically Adjusted PB Ratio?

Clydestone Ghana XGHA:CLYD +2.22% 29 Cyclically Adjusted PB Ratio is 59.80 as of Aug. 14, 2026, which is 2131% above its 10-year median of 2.68. GuruFocus rates XGHA:CLYD with a GF Score™ of 29/100 and a GF Value™ of GHS0.03 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,552 Software companies, Clydestone Ghana ranks worse than 98.9% on this metric.

As of today (2026-08-14), Clydestone Ghana's current share price is GHS5.98. Clydestone Ghana's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was GHS0.10. Clydestone Ghana's Cyclically Adjusted PB Ratio for today is 59.80.

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

XGHA:CLYD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.68   Max: 49.23
Current: 49.23

During the past 11 years, Clydestone Ghana's highest Cyclically Adjusted PB Ratio was 49.23. The lowest was 0.38. And the median was 2.68.

XGHA:CLYD's Cyclically Adjusted PB Ratio is ranked worse than
98.9% of 1552 companies
in the Software industry
Industry Median: 2.315 vs XGHA:CLYD: 49.23

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.

Clydestone Ghana's adjusted book value per share data of for the fiscal year that ended in Dec25 was GHS0.219. 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 GHS0.10 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clydestone Ghana  (XGHA:CLYD) 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.


Clydestone Ghana Cyclically Adjusted PB Ratio Related Terms


Clydestone Ghana Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clydestone Ghana'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.

Clydestone Ghana Cyclically Adjusted PB Ratio Chart

Clydestone Ghana 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 0.00 0.00 0.00 0.36 4.63

Clydestone Ghana Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.00 0.00 4.63 0.00 0.00

XGHA:CLYD vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Clydestone Ghana'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.


Clydestone Ghana Cyclically Adjusted PB Ratio vs Software Industry

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

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


XGHA:CLYD
29GF Score
Clydestone Ghana PLC XGHA:CLYD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clydestone Ghana 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.

Clydestone Ghana's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.98/0.10
=59.80

* 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.

Clydestone Ghana's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Clydestone Ghana's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.219/324.0540*324.0540
=0.219

Current CPI (Dec25) = 324.0540.

Clydestone Ghana Annual Data

Book Value per Share CPI Adj_Book
201612 0.005 241.432 0.007
201712 0.003 246.524 0.004
201812 0.017 251.233 0.022
201912 0.031 256.974 0.039
202012 0.092 260.474 0.114
202112 0.085 278.802 0.099
202212 0.114 296.797 0.124
202312 0.118 306.746 0.125
202412 0.234 315.605 0.240
202512 0.219 324.054 0.219

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 59.80 mean?
Clydestone Ghana (XGHA:CLYD) has a Cyclically Adjusted PB Ratio of 59.80 as of Aug. 14, 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 Clydestone Ghana and its competitors. This is 2131% above median its historical median of 2.68. Over the past decade, Clydestone Ghana's Cyclically Adjusted PB Ratio has ranged from 0.38 to 49.23. According to the industry distribution chart, Clydestone Ghana ranks #1535 out of 1552 companies in the Software industry, placing it in the top 98.9%.
Is Clydestone Ghana's Cyclically Adjusted PB Ratio too high?
Clydestone Ghana's current Cyclically Adjusted PB Ratio of 59.80 is 2131% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 49.23. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Clydestone Ghana's value of 59.80 is 2483.2% above this industry median. Based on the distribution chart, Clydestone Ghana ranks #1535 out of 1552 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Clydestone Ghana has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clydestone Ghana's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Clydestone Ghana ranks #1535 out of 1552 companies for Cyclically Adjusted PB Ratio. This places Clydestone Ghana in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Clydestone Ghana's value of 59.80 is 2483.2% above this benchmark. Historically, Clydestone Ghana's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 49.23 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 2.32, Clydestone Ghana 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.32, based on 1,552 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. Clydestone Ghana's current Cyclically Adjusted PB Ratio of 59.80 is 2483.2% 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 Clydestone Ghana and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clydestone Ghana's current Cyclically Adjusted PB Ratio is 59.80, which is 2131% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clydestone Ghana stock overvalued right now?
Based on GuruFocus' analysis, Clydestone Ghana (XGHA:CLYD) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS0.03, compared to a current price of GHS5.98 — trading 19833.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 59.80, which is 2131% above median its 10-year median of 2.68 and 2483.2% above the Software industry median of 2.32. Clydestone Ghana's overall GF Score™ is 29/100 with 9 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 Clydestone Ghana (XGHA:CLYD), the current Cyclically Adjusted PB Ratio is 59.80 as of Aug. 14, 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 Clydestone Ghana (XGHA:CLYD) Overvalued in 2026?

Based on GuruFocus' analysis, Clydestone Ghana stock appears to be overvalued. The current stock price of GHS5.98 is trading 19833.3% above its estimated GF Value™ of GHS0.03. GuruFocus considers Clydestone Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:CLYD:

  • Cyclically Adjusted PB Ratio: 59.80 (2131% above median its 10-year median of 2.68)
  • GF Value™: GHS0.03 vs. price of GHS5.98 (19833.3% above fair value)
  • GF Score™: 29/100 with 9 warning signs
  • Industry Position: 2483.2% above the Software median (#1535 of 1552)

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


Clydestone Ghana Business Description

Address No. 14 Adebeto Close, P.O. Box CT 1003, North Labone, Accra, GHA
Clydestone Ghana PLC is an information and communications technology company with offices in Ghana, Nigeria, and Kenya. The company's principal activities includes Payments Service Provider, Transaction Switching Services, Provision of settlement and clearing solutions, Provision of Instant Card Issuance Solutions, Provision of Authentication and 3D Secure Solutions, Provision of ATM Monitoring Solutions, Provision of KYC and AML Solutions, Provision of Information Technology Services including, General system design, installation, Systems integration.
29GF Score

Get the complete analysis for XGHA:CLYD

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

GHS5.98
Price
GHS0.03
GF Value