Canaf Investments (TSXV:CAF) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:CAF Canaf Investments Inc TSXV:CAF
69 GF Score
Price C$0.33
GF Value C$0.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Canaf Investments Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canaf Investments  (TSXV:CAF) 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.


Canaf Investments Cyclically Adjusted PS Ratio Related Terms


Canaf Investments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Canaf Investments'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.

Canaf Investments Cyclically Adjusted PS Ratio Chart

Canaf Investments Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.27 0.43 0.68 0.65

Canaf Investments Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.66 0.84 0.65 0.71 0.63

TSXV:CAF vs HCC, AMR, SXC: Cyclically Adjusted PS Ratio Comparison

For the Coking Coal subindustry, Canaf Investments'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.


Canaf Investments Cyclically Adjusted PS Ratio vs Steel Industry

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

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


TSXV:CAF
69GF Score
Canaf Investments Inc TSXV:CAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canaf Investments 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.

Canaf Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.114/132.7364*132.7364
=0.114

Current CPI (Apr. 2026) = 132.7364.

Canaf Investments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.031 101.844 0.040
201610 0.050 102.002 0.065
201701 0.084 102.318 0.109
201704 0.098 103.029 0.126
201707 0.055 103.029 0.071
201710 0.059 103.424 0.076
201801 0.087 104.056 0.111
201804 0.146 105.320 0.184
201807 0.095 106.110 0.119
201810 0.070 105.952 0.088
201901 0.068 105.557 0.086
201904 0.052 107.453 0.064
201907 0.096 108.243 0.118
201910 0.114 107.927 0.140
202001 0.074 108.085 0.091
202004 0.082 107.216 0.102
202007 0.113 108.401 0.138
202010 0.116 108.638 0.142
202101 0.086 109.192 0.105
202104 0.083 110.851 0.099
202107 0.118 112.431 0.139
202110 0.089 113.695 0.104
202201 0.062 114.801 0.072
202204 0.095 118.357 0.107
202207 0.147 120.964 0.161
202210 0.163 121.517 0.178
202301 0.138 121.596 0.151
202304 0.136 123.571 0.146
202307 0.177 124.914 0.188
202310 0.231 125.310 0.245
202401 0.203 125.072 0.215
202404 0.131 126.890 0.137
202407 0.196 128.075 0.203
202410 0.161 127.838 0.167
202501 0.177 127.443 0.184
202504 0.116 129.102 0.119
202507 0.142 130.290 0.145
202510 0.145 130.603 0.147
202601 0.131 130.366 0.133
202604 0.114 132.736 0.114

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 Canaf Investments (TSXV:CAF) Overvalued in 2026?

Based on GuruFocus' analysis, Canaf Investments stock appears to be overvalued. The current stock price of C$0.33 is trading 43.5% above its estimated GF Value™ of C$0.23. GuruFocus considers Canaf Investments to be Significantly Overvalued.

Key valuation signals for TSXV:CAF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: C$0.23 vs. price of C$0.33 (43.5% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Canaf Investments Business Description

Other Exchanges CAFZF:USA
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments: head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
69GF Score

Get the complete analysis for TSXV:CAF

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

C$0.33
Price
C$0.23
GF Value