CLAR (Clarus) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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.

CLAR Clarus Corp CLAR
61 GF Score
Price $3.71
GF Value $3.87
Valuation Fairly Valued
! 3 Warning Signs
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What is Clarus Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clarus  (NAS:CLAR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Clarus Cyclically Adjusted PS Ratio Related Terms


Clarus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Clarus's Cyclically Adjusted PS 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.

Clarus Cyclically Adjusted PS Ratio Chart

Clarus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.16 1.08 0.90 0.57 0.41

Clarus Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 0.43 0.43 0.41 0.33 0.00

CLAR vs PLBY, AOUT, LEAT: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Clarus's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Clarus Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Clarus's Cyclically Adjusted PS Ratio falls into.


CLAR
61GF Score
Clarus Corp CLAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clarus Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.464/333.9520*333.9520
=1.464

Current CPI (Jun. 2026) = 333.9520.

Clarus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.306 241.428 1.807
201612 1.373 241.432 1.899
201703 1.378 243.801 1.888
201706 1.018 244.955 1.388
201709 1.518 246.819 2.054
201712 1.746 246.524 2.365
201803 1.759 249.554 2.354
201806 1.520 251.989 2.014
201809 1.838 252.439 2.431
201812 1.902 251.233 2.528
201903 1.987 254.202 2.610
201906 1.569 256.143 2.046
201909 1.937 256.759 2.519
201912 1.970 256.974 2.560
202003 1.731 258.115 2.240
202006 1.007 257.797 1.304
202009 2.081 260.280 2.670
202012 2.149 260.474 2.755
202103 2.300 264.877 2.900
202106 2.209 271.696 2.715
202109 3.013 274.310 3.668
202112 0.206 278.802 0.247
202203 2.846 287.504 3.306
202206 2.895 296.311 3.263
202209 2.924 296.808 3.290
202212 -0.774 296.797 -0.871
202303 1.892 301.836 2.093
202306 1.558 305.109 1.705
202309 2.170 307.789 2.354
202312 2.006 306.746 2.184
202403 1.814 312.332 1.940
202406 1.475 314.175 1.568
202409 1.750 315.301 1.854
202412 1.861 315.605 1.969
202503 1.575 319.799 1.645
202506 1.439 322.561 1.490
202509 1.806 324.800 1.857
202512 1.703 324.054 1.755
202603 1.613 330.213 1.631
202606 1.464 333.952 1.464

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is Clarus (CLAR) Overvalued in 2026?

Based on GuruFocus' analysis, Clarus stock appears to be undervalued. The current stock price of $3.71 is trading 4.3% below its estimated GF Value™ of $3.87. GuruFocus considers Clarus to be Fairly Valued.

Key valuation signals for CLAR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $3.87 vs. price of $3.71 (4.3% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Clarus Business Description

Address 2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a world-wide leader in designing, manufacturing, and marketing outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and U.S.
61GF Score

Get the complete analysis for CLAR

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

$3.71
Price
$3.87
GF Value