CLFD (Clearfield) PS Ratio: 2.64 (As of Aug. 18, 2026) — Near 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.

CLFD Clearfield Inc CLFD
72 GF Score
Price $29.50
GF Value $39.25
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Clearfield PS Ratio?

Clearfield CLFD +2.33% 72 PS Ratio is 2.64 as of Aug. 18, 2026, which is 6% below its 10-year median of 2.82. GuruFocus rates CLFD with a GF Score™ of 72/100 and a GF Value™ of $39.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,472 Hardware companies, Clearfield ranks worse than 58.54% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Clearfield's share price is $29.50. Clearfield's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $11.19. Hence, Clearfield's PS Ratio for today is 2.64.

Good Sign:

Clearfield Inc stock PS Ratio (=2.64) is close to 2-year low of 2.46.

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

CLFD' s PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.82   Max: 7.76
Current: 2.64

During the past 13 years, Clearfield's highest PS Ratio was 7.76. The lowest was 1.33. And the median was 2.82.

CLFD's PS Ratio is ranked worse than
58.54% of 2472 companies
in the Hardware industry
Industry Median: 1.9 vs CLFD: 2.64

Clearfield's Revenue per Sharefor the three months ended in Jun. 2026 was $3.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $11.19.

Warning Sign:

Clearfield Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Clearfield was 37.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -18.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.70% per year.

During the past 13 years, Clearfield's highest 3-Year average Revenue per Share Growth Rate was 230.70% per year. The lowest was -44.40% per year. And the median was 8.25% per year.

Back to Basics: PS Ratio


Clearfield  (NAS:CLFD) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Clearfield PS Ratio Related Terms


Clearfield PS Ratio Historical Data

* Premium members only.

The historical data trend for Clearfield's 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.

Clearfield PS Ratio Chart

Clearfield Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 5.37 1.91 4.52 3.20

Clearfield Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.31 3.20 2.62 2.46 3.56

CLFD vs BKTI, AVNW, LTRX: PS Ratio Comparison

For the Communication Equipment subindustry, Clearfield's PS Ratio, along with its competitors' market caps and 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.


Clearfield PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Clearfield's PS Ratio distribution charts can be found below:

* The bar in red indicates where Clearfield's PS Ratio falls into.


CLFD
72GF Score
Clearfield Inc CLFD
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clearfield PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Clearfield's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=29.50/11.191
=2.64

Clearfield's Share Price of today is $29.50.
Clearfield's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.19.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.64 mean?
Clearfield (CLFD) has a PS Ratio of 2.64 as of Aug. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Clearfield and its competitors. This is near median its historical median of 2.82. Over the past decade, Clearfield's PS Ratio has ranged from 1.33 to 7.76. According to the industry distribution chart, Clearfield ranks #1447 out of 2472 companies in the Hardware industry, placing it in the top 58.5%.
Is Clearfield's PS Ratio too high?
Clearfield's current PS Ratio of 2.64 is near median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 7.76. The Hardware industry median PS Ratio is 1.90. Clearfield's value of 2.64 is 38.9% above this industry median. Based on the distribution chart, Clearfield ranks #1447 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Clearfield has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clearfield's PS Ratio compare to BKTI and AVNW?
According to the Hardware industry distribution chart, Clearfield ranks #1447 out of 2472 companies for PS Ratio. This places Clearfield in the lower half of its industry. The industry median PS Ratio is 1.90. Clearfield's value of 2.64 is 38.9% above this benchmark. Historically, Clearfield's own PS Ratio has ranged from 1.33 to 7.76 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.90, Clearfield 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 PS Ratio for a Hardware company?
The median PS Ratio among Hardware companies is 1.90, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clearfield's current PS Ratio of 2.64 is 38.9% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Clearfield and its competitors. For the Hardware industry, the median PS Ratio is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearfield's current PS Ratio is 2.64, which is near median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearfield stock overvalued right now?
Based on GuruFocus' analysis, Clearfield (CLFD) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.25, compared to a current price of $29.50 — trading 24.8% below its estimated fair value. The current PS Ratio is 2.64, which is near median its 10-year median of 2.82 and 38.9% above the Hardware industry median of 1.90. Clearfield's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Clearfield (CLFD), the current PS Ratio is 2.64 as of Aug. 18, 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 Clearfield (CLFD) Overvalued in 2026?

Based on GuruFocus' analysis, Clearfield stock appears to be undervalued. The current stock price of $29.50 is trading 24.8% below its estimated GF Value™ of $39.25. GuruFocus considers Clearfield to be Modestly Undervalued.

Key valuation signals for CLFD:

  • PS Ratio: 2.64 (near median its 10-year median of 2.82)
  • GF Value™: $39.25 vs. price of $29.50 (24.8% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 38.9% above the Hardware median (#1447 of 2472)

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


Clearfield Business Description

Other Exchanges AP7:Germany
Address 7050 Winnetka Avenue North, Suite 100, Brooklyn Park, MN, USA, 55428
Clearfield Inc designs, manufactures, and distributes fiber protection, fiber management, and fiber delivery solutions to enable rapid and cost-effective fiber-fed deployment throughout the broadband service provider space prominently across North America. Its 'fiber to anywhere' platform serves the requirements of Community Broadband customers, Multiple System Operators, Large Regional Service Providers, National Carriers, and International customers (including Europe, Canada, Mexico, and Caribbean Markets). Its product offerings include Accessories, Cassettes, Cable & Drop Assemblies, Frames & Panels, Microducts, Optical Components, etc. The company derives the majority of its revenue from the United States.
72GF Score

Get the complete analysis for CLFD

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

$29.50
Price
$39.25
GF Value