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Clearsign Technologies Corp
NASDAQ:CLIR

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Clearsign Technologies Corp
NASDAQ:CLIR
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Price: 5 USD -3.1% Market Closed
Market Cap: $27.1m

P/B

4.5
Current
38%
Cheaper
vs 3-y average of 7.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.5
=
Market Cap
$33.4m
/
Total Equity
$6m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.5
=
Market Cap
$33.4m
/
Total Equity
$6m

Valuation Scenarios

Clearsign Technologies Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (7.3), the stock would be worth $8 (60% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-45%
Maximum Upside
+70%
Average Upside
16%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.5 $5
0%
3-Year Average 7.3 $8
+60%
5-Year Average 7.7 $8.48
+70%
Industry Average 3.5 $3.88
-22%
Country Average 2.5 $2.76
-45%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in the United States of America
Percentile
68th
Based on 10 946 companies
68th percentile
4.5
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Clearsign Technologies Corp
Glance View

Market Cap
27.1m USD
Industry
Electrical Equipment

ClearSign Technologies Corp. engages in the design and development of technologies for the combustion systems. The company is headquartered in Tulsa, Oklahoma and currently employs 12 full-time employees. The company went IPO on 2012-04-25. The company offers products such as process burners, boiler burners, flares, and Clear Sign Eye. The firm's ClearSign Core technology can manage the performance of combustion systems in a broad range of markets, including energy (upstream oil production and downstream refining), institutional, commercial, and industrial boilers, as well as chemical, and petrochemical industries. Its uses a porous ceramic structure or metal flame holder device held at a distance from the injection planes of a burner to reduce the flame length and achieve low emissions without the need for external flue gas recirculation, catalytic reduction, or air systems. The company provides services to various industries, such as oil and gas, refining, petrochemicals, and chemicals.

CLIR Intrinsic Value
Not Available
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