CLMT (Calumet) Cyclically Adjusted PS Ratio: 0.73 (As of Jul. 15, 2026) — 564% Above Median

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CLMT Calumet Inc CLMT
50 GF Score
Price $40.01
GF Value $15.93
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Calumet Cyclically Adjusted PS Ratio?

Calumet CLMT +1.12% 50 Cyclically Adjusted PS Ratio is 0.73 as of Jul. 15, 2026, which is 564% above its 10-year median of 0.11. GuruFocus rates CLMT with a GF Score™ of 50/100 and a GF Value™ of $15.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,279 Chemicals companies, Calumet ranks better than 67.55% on this metric.

As of today (2026-07-15), Calumet's current share price is $40.005. Calumet's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $55.08. Calumet's Cyclically Adjusted PS Ratio for today is 0.73.

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

CLMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.72
Current: 0.72

During the past years, Calumet's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.01. And the median was 0.11.

CLMT's Cyclically Adjusted PS Ratio is ranked better than
67.55% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs CLMT: 0.72

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Calumet's adjusted revenue per share data for the three months ended in Mar. 2026 was $11.836. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $55.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calumet  (NAS:CLMT) 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.


Calumet Cyclically Adjusted PS Ratio Related Terms


Calumet Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Calumet'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.

Calumet Cyclically Adjusted PS Ratio Chart

Calumet 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 0.21 0.27 0.30 0.40 0.37

Calumet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.23 0.29 0.34 0.37 0.65

CLMT vs CC, ASH, KWR: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Calumet'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.


Calumet Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Calumet's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CLMT
50GF Score
Calumet Inc CLMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Calumet 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.

Calumet's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.005/55.08
=0.73

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.836/330.2130*330.2130
=11.836

Current CPI (Mar. 2026) = 330.2130.

Calumet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.674 241.018 17.364
201609 12.500 241.428 17.097
201612 10.553 241.432 14.434
201703 11.328 243.801 15.343
201706 12.443 244.955 16.774
201709 13.222 246.819 17.689
201712 11.362 246.524 15.219
201803 9.616 249.554 12.724
201806 12.164 251.989 15.940
201809 12.258 252.439 16.035
201812 10.755 251.233 14.136
201903 10.890 254.202 14.146
201906 11.467 256.143 14.783
201909 11.872 256.759 15.268
201912 9.892 256.974 12.711
202003 8.834 258.115 11.302
202006 5.766 257.797 7.386
202009 7.213 260.280 9.151
202012 7.132 260.474 9.042
202103 7.638 264.877 9.522
202106 10.224 271.696 12.426
202109 11.079 274.310 13.337
202112 10.901 278.802 12.911
202203 13.884 287.504 15.946
202206 17.929 296.311 19.980
202209 14.479 296.808 16.109
202212 12.569 296.797 13.984
202303 12.976 301.836 14.196
202306 12.698 305.109 13.743
202309 14.298 307.789 15.340
202312 12.182 306.746 13.114
202403 12.517 312.332 13.234
202406 14.073 314.175 14.791
202409 12.866 315.301 13.474
202412 11.026 315.605 11.536
202503 11.500 319.799 11.874
202506 11.828 322.561 12.109
202509 12.405 324.800 12.612
202512 11.950 324.054 12.177
202603 11.836 330.213 11.836

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.

What does a Cyclically Adjusted PS Ratio of 0.73 mean?
Calumet (CLMT) has a Cyclically Adjusted PS Ratio of 0.73 as of Jul. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Calumet and its competitors. This is 564% above median its historical median of 0.11. Over the past decade, Calumet's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.72. According to the industry distribution chart, Calumet ranks #415 out of 1279 companies in the Chemicals industry, placing it in the top 32.4%.
Is Calumet's Cyclically Adjusted PS Ratio too high?
Calumet's current Cyclically Adjusted PS Ratio of 0.73 is 564% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.72. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Calumet's value of 0.73 is 44.7% below this industry median. Based on the distribution chart, Calumet ranks #415 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. Overall, Calumet has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calumet's Cyclically Adjusted PS Ratio compare to CC and ASH?
According to the Chemicals industry distribution chart, Calumet ranks #415 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts Calumet in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. Calumet's value of 0.73 is 44.7% below this benchmark. Historically, Calumet's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.72 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.32, Calumet 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 PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calumet's current Cyclically Adjusted PS Ratio of 0.73 is 44.7% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Calumet and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calumet's current Cyclically Adjusted PS Ratio is 0.73, which is 564% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calumet stock overvalued right now?
Based on GuruFocus' analysis, Calumet (CLMT) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.93, compared to a current price of $40.01 — trading 151.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 564% above median its 10-year median of 0.11 and 44.7% below the Chemicals industry median of 1.32. Calumet's overall GF Score™ is 50/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Calumet (CLMT), the current Cyclically Adjusted PS Ratio is 0.73 as of Jul. 15, 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 Calumet (CLMT) Overvalued in 2026?

Based on GuruFocus' analysis, Calumet stock appears to be overvalued. The current stock price of $40.01 is trading 151.1% above its estimated GF Value™ of $15.93. GuruFocus considers Calumet to be Significantly Overvalued.

Key valuation signals for CLMT:

  • Cyclically Adjusted PS Ratio: 0.73 (564% above median its 10-year median of 0.11)
  • GF Value™: $15.93 vs. price of $40.01 (151.1% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 44.7% below the Chemicals median (#415 of 1279)

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


Calumet Business Description

Other Exchanges X3Q:Germany
Address 1060 N Capitol Avenue, Suite 6-401, Indianapolis, IN, USA, 46204-1044
Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets. Its segments include: Specialty Products and Solutions; Montana/Renewables; Performance Brands; and Corporate. The company generates maximum revenue from Fuels, asphalt and other by-products.
50GF Score

Get the complete analysis for CLMT

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

$40.01
Price
$15.93
GF Value