GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ClearSign Technologies Corp (NAS:CLIR) » Definitions » Cyclically Adjusted PS Ratio

ClearSign Technologies (ClearSign Technologies) Cyclically Adjusted PS Ratio : 10.57 (As of Apr. 28, 2024)


View and export this data going back to 2012. Start your Free Trial

What is ClearSign Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-28), ClearSign Technologies's current share price is $0.7401. ClearSign Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.07. ClearSign Technologies's Cyclically Adjusted PS Ratio for today is 10.57.

The historical rank and industry rank for ClearSign Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:

CLIR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.93   Med: 17.59   Max: 82.79
Current: 11.33

During the past years, ClearSign Technologies's highest Cyclically Adjusted PS Ratio was 82.79. The lowest was 8.93. And the median was 17.59.

CLIR's Cyclically Adjusted PS Ratio is ranked worse than
98.14% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs CLIR: 11.33

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.

ClearSign Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.033. 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 $0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ClearSign Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ClearSign Technologies'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.

ClearSign Technologies Cyclically Adjusted PS Ratio Chart

ClearSign Technologies 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 - - 22.36 9.14 16.99

ClearSign Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.14 12.88 22.00 18.64 16.99

Competitive Comparison of ClearSign Technologies's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, ClearSign Technologies'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.


ClearSign Technologies's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ClearSign Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ClearSign Technologies 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.

ClearSign Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.7401/0.07
=10.57

* 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.

ClearSign Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ClearSign Technologies's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.033/129.4194*129.4194
=0.033

Current CPI (Dec. 2023) = 129.4194.

ClearSign Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.005 99.792 0.006
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.020 101.861 0.025
201612 0.028 101.863 0.036
201703 0.024 102.862 0.030
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.012 104.011 0.015
201803 0.030 105.290 0.037
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.012 111.754 0.014
202106 0.000 114.631 0.000
202109 0.006 115.734 0.007
202112 0.002 117.630 0.002
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.009 125.227 0.009
202212 0.001 125.222 0.001
202303 0.023 127.348 0.023
202306 0.004 128.729 0.004
202309 0.002 129.860 0.002
202312 0.033 129.419 0.033

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.


ClearSign Technologies  (NAS:CLIR) 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.


ClearSign Technologies Cyclically Adjusted PS Ratio Related Terms

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


ClearSign Technologies (ClearSign Technologies) Business Description

Traded in Other Exchanges
Address
8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133
ClearSign Technologies Corp is engaged in providing solutions to some of the pressing productivity, energy efficiency, and pollution problems affecting the energy, oil, and gas production, boiler, and processing industries. It believes that its patented ClearSign Core technology can enhance the performance of combustion systems in a broad range of markets, including the energy (upstream oil production and downstream refining), institutional, commercial, and industrial boiler, chemical, and petrochemical industries. The company offers products that include process burners, boiler burners, flares, and ClearSign Eye.
Executives
Lacy Catharine De director 6 VILLAGE NORTH DR, #107, HILTON HEAD SC 29926
Gary J. Dielsi director 18 PIERREPONT DRIVE, RIDGEFIELD CT 06877
Hoffman Robert Thurston Sr director, 10 percent owner 119 WARREN AVENUE, SPRING LAKE NJ 07762
Bruce Alan Pate director 23235 WALLING RD., GEYSERVILLE CA 95441
Brent Hinds officer: VP and Controller 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Judith S Schrecker director 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Susanne Meline director P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Deller Colin James officer: Chief Executive Officer C/O CLEARSIGN COMBUSTION CORP., 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Donald W Kendrick officer: Chief Technology Officer 12870 INTERURBAN AVENUE SOUTH, SEATTLE WA 98168
Brian Grant Fike officer: Chief Financial Officer 12755 SE 73RD PLACE, NEWCASTLE WA 98056-1315
Stephen Michael Sock officer: SVP, Business Development 4025 RAVENSWAY CT, PEARLAND TX 77584
Lon E Bell director C/O AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE CA 91706
James M Simmons director
Clirspv Llc 10 percent owner 119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762-1217
Princeton Opportunity Management Llc 10 percent owner 119 WARREN AVE, 3RD FLOOR, SPRING LAKE NJ 07762

ClearSign Technologies (ClearSign Technologies) Headlines