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Clearwater Paper (Clearwater Paper) Cyclically Adjusted PS Ratio : 0.35 (As of May. 01, 2024)


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What is Clearwater Paper Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Clearwater Paper's current share price is $44.48. Clearwater Paper's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $125.82. Clearwater Paper's Cyclically Adjusted PS Ratio for today is 0.35.

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: 0.15   Med: 0.31   Max: 0.83
Current: 0.36

During the past years, Clearwater Paper's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.15. And the median was 0.31.

CLW's Cyclically Adjusted PS Ratio is ranked better than
69.76% of 248 companies
in the Forest Products industry
Industry Median: 0.595 vs CLW: 0.36

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 Mar. 2024 was $29.370. 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 $125.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearwater Paper Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Clearwater Paper Cyclically Adjusted PS Ratio Chart

Clearwater Paper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.36 0.33 0.31 0.29

Clearwater Paper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.27 0.25 0.29 0.29 0.35

Competitive Comparison of Clearwater Paper's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.48/125.82
=0.35

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Clearwater Paper's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=29.37/129.4194*129.4194
=29.370

Current CPI (Mar. 2024) = 129.4194.

Clearwater Paper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.310 100.560 31.287
201409 25.430 100.428 32.771
201412 24.156 99.070 31.556
201503 22.298 99.621 28.968
201506 23.041 100.684 29.617
201509 23.164 100.392 29.862
201512 24.267 99.792 31.472
201603 24.837 100.470 31.993
201606 25.338 101.688 32.248
201609 25.517 101.861 32.421
201612 25.534 101.863 32.442
201703 26.290 102.862 33.078
201706 25.899 103.349 32.432
201709 25.744 104.136 31.995
201712 26.458 104.011 32.921
201803 26.359 105.290 32.400
201806 26.101 106.317 31.773
201809 25.746 106.507 31.285
201812 26.030 105.998 31.782
201903 25.889 107.251 31.240
201906 27.329 108.070 32.728
201909 26.918 108.329 32.159
201912 26.332 108.420 31.432
202003 28.763 108.902 34.182
202006 28.803 108.767 34.272
202009 27.254 109.815 32.119
202012 26.900 109.897 31.679
202103 25.084 111.754 29.049
202106 24.357 114.631 27.499
202109 26.545 115.734 29.684
202112 28.810 117.630 31.698
202203 28.595 121.301 30.509
202206 30.823 125.017 31.908
202209 31.522 125.227 32.577
202212 29.917 125.222 30.920
202303 30.841 127.348 31.343
202306 30.935 128.729 31.101
202309 30.772 129.860 30.668
202312 29.801 129.419 29.801
202403 29.370 129.419 29.370

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.


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

Thank you for viewing the detailed overview of Clearwater Paper's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Clearwater Paper (Clearwater Paper) Business Description

Traded in Other Exchanges
Address
601 West Riverside, Suite 1100, Spokane, WA, USA, 99201
Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.
Executives
Sherri Baker officer: SVP, CFO 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Michael S Gadd officer: Vice President 601 W FIRST AVE., SUITE 1600, SPOKANE WA 99201
Rebecca Anne Barckley officer: VP, Controller 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Michael John Murphy officer: Sr. VP, Finance and CFO KAPSTONE PAPER AND PACKAGING CORPORATION, 1101 SKOKIE BLVD., STE. 300, NORTHBROOK IL 60062
Kari G. Moyes officer: SVP, HR 601 WEST RIVERSIDE AVENUE, SUITE 1100, SPOKANE WA 99201
Steve M Bowden officer: Senior Vice President 601 WEST RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Jeanne M Hillman director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Michael J Urlick officer: Sr. VP, GM, CPD 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Vickers Tucker Christine M. director 601 W RIVERSIDE AVE. SUITE 1100, SPOKANE WA 99201
Ann C Nelson director 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Joanne P. Shufelt officer: SVP, GM, CPD 601 W. RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201
Linda K Massman officer: Vice President 601 W. FIRST AVE, SUITE 1600, SPOKANE WA 99201
John J Corkrean director 370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Robert G. Hrivnak officer: Sr. VP, Finance and CFO C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Arsen S. Kitch officer: Vice President 601 WEST RIVERSIDE AVE., SUITE 1100, SPOKANE WA 99201