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Clearwater PaperCLW +5.56%52 Cyclically Adjusted PS Ratio is 0.19 as of Aug. 03, 2026, which is 37% below its 10-year median of 0.30. GuruFocus rates CLW with a GF Score™ of 52/100 and a GF Value™ of $32.30 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 247 Forest Products companies, Clearwater Paper ranks better than 79.76% on this metric.
The historical rank and industry rank for Clearwater Paper's Cyclically Adjusted PS Ratio or its related term are showing as below:
CLW'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.3 Max: 0.83
Current: 0.18
During the past years, Clearwater Paper's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.11. And the median was 0.30.
CLW's Cyclically Adjusted PS Ratio is ranked better than 79.76% of 247
companies
in the Forest Products industry
Industry Median: 0.48
vs CLW: 0.18
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.
Clearwater Paper's adjusted revenue per share data for the three months ended in Jun. 2026 was $23.242. 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 $117.85 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Clearwater Paper (NYSE:CLW) 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.
Clearwater Paper Cyclically Adjusted PS Ratio Related Terms
Clearwater Paper Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Clearwater Paper'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.
Clearwater Paper Cyclically Adjusted PS Ratio Chart
CLW vs MERC, ITP: Cyclically Adjusted PS Ratio Comparison
For the Paper & Paper Products subindustry, Clearwater Paper'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.
Clearwater Paper Cyclically Adjusted PS Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Clearwater Paper's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Clearwater Paper's Cyclically Adjusted PS Ratio falls into.
Clearwater Paper 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.
Clearwater Paper's Cyclically Adjusted PS 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 PS Ratio of 0.19 mean?
Clearwater Paper (CLW) has a Cyclically Adjusted PS Ratio of 0.19 as of Aug. 03, 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 Clearwater Paper and its competitors. This is 37% below median its historical median of 0.30. Over the past decade, Clearwater Paper's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.83. According to the industry distribution chart, Clearwater Paper ranks #50 out of 247 companies in the Forest Products industry, placing it in the top 20.2%.
Is Clearwater Paper's Cyclically Adjusted PS Ratio too high?
Clearwater Paper's current Cyclically Adjusted PS Ratio of 0.19 is 37% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.83. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.48. Clearwater Paper's value of 0.19 is 60.4% below this industry median. Based on the distribution chart, Clearwater Paper ranks #50 out of 247 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Clearwater Paper has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clearwater Paper's Cyclically Adjusted PS Ratio compare to MERC and ITP?
According to the Forest Products industry distribution chart, Clearwater Paper ranks #50 out of 247 companies for Cyclically Adjusted PS Ratio. This places Clearwater Paper in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.48. Clearwater Paper's value of 0.19 is 60.4% below this benchmark. Historically, Clearwater Paper's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.83 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.48, Clearwater Paper 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.48, based on 247 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. Clearwater Paper's current Cyclically Adjusted PS Ratio of 0.19 is 60.4% 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 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 Clearwater Paper and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearwater Paper's current Cyclically Adjusted PS Ratio is 0.19, which is 37% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearwater Paper stock overvalued right now?
Based on GuruFocus' analysis, Clearwater Paper (CLW) is currently considered Possible Value Trap. The stock's GF Value™ is $32.30, compared to a current price of $22.20 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.19, which is 37% below median its 10-year median of 0.30 and 60.4% below the Forest Products industry median of 0.48. Clearwater Paper's overall GF Score™ is 52/100 with 7 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 Clearwater Paper (CLW), the current Cyclically Adjusted PS Ratio is 0.19 as of Aug. 03, 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 Clearwater Paper (CLW) Overvalued in 2026?
Based on GuruFocus' analysis, Clearwater Paper stock appears to be undervalued.
The current stock price of $22.20 is trading 31.3% below its estimated GF Value™ of $32.30.
GuruFocus considers Clearwater Paper to be Possible Value Trap.
Key valuation signals for CLW:
Cyclically Adjusted PS Ratio: 0.19 (37% below median its 10-year median of 0.30)
GF Value™: $32.30 vs. price of $22.20 (31.3% below fair value)
Industry Position: 60.4% below the Forest Products median (#50 of 247)
No single metric tells the full story. See the CLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clearwater Paper Corp is engaged in the manufacturing and supplier of Solid Bleached Sulfate (SBS) paperboard packaging products. The company products includes: SBS paperboard which is a premium paperboard grade that is frequently used to produce folding cartons, food service, commercial printing items. It generates maximum revenue from Pulp and Paperboard segment. Company operate in United States and have globalized access too. Geographically, it derives maximum revenue from the United States.
52GF Score
Get the complete analysis for CLW
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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