ClearSign Technologies (LTS:0I0B) Cyclically Adjusted PS Ratio: 48.13 (As of Aug. 10, 2026) — 63% Below 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.

LTS:0I0B ClearSign Technologies Corp LTS:0I0B
37 GF Score
Price $3.85
GF Value $88.80
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is ClearSign Technologies Cyclically Adjusted PS Ratio?

ClearSign Technologies LTS:0I0B +1.47% 37 Cyclically Adjusted PS Ratio is 48.13 as of Aug. 10, 2026, which is 63% below its 10-year median of 128.57. GuruFocus rates LTS:0I0B with a GF Score™ of 37/100 and a GF Value™ of $88.80 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,295 Industrial Products companies, ClearSign Technologies ranks worse than 99.52% on this metric.

As of today (2026-08-10), ClearSign Technologies's current share price is $3.85. ClearSign Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.08. ClearSign Technologies's Cyclically Adjusted PS Ratio for today is 48.13.

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

LTS:0I0B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 38.44   Med: 128.57   Max: 827.86
Current: 40.65

During the past years, ClearSign Technologies's highest Cyclically Adjusted PS Ratio was 827.86. The lowest was 38.44. And the median was 128.57.

LTS:0I0B's Cyclically Adjusted PS Ratio is ranked worse than
99.52% of 2295 companies
in the Industrial Products industry
Industry Median: 1.82 vs LTS:0I0B: 40.65

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 Mar. 2026 was $0.034. 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 $0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ClearSign Technologies  (LTS:0I0B) 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


ClearSign Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

ClearSign Technologies Cyclically Adjusted PS Ratio Chart

ClearSign Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.61 91.36 169.90 209.55 62.77

ClearSign Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 92.88 71.83 98.62 62.77 47.26

LTS:0I0B vs LIQT, RAIN, EESH: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


LTS:0I0B
37GF Score
ClearSign Technologies Corp LTS:0I0B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=3.85/0.08
=48.13

* 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 Mar. 2026 is calculated as:

For example, ClearSign Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.034/330.2130*330.2130
=0.034

Current CPI (Mar. 2026) = 330.2130.

ClearSign Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.020 241.428 0.027
201612 0.028 241.432 0.038
201703 0.024 243.801 0.033
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.012 246.524 0.016
201803 0.030 249.554 0.040
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 0.012 264.877 0.015
202106 0.000 271.696 0.000
202109 0.006 274.310 0.007
202112 0.002 278.802 0.002
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.009 296.808 0.010
202212 0.001 296.797 0.001
202303 0.023 301.836 0.025
202306 0.004 305.109 0.004
202309 0.002 307.789 0.002
202312 0.033 306.746 0.036
202403 0.028 312.332 0.030
202406 0.001 314.175 0.001
202409 0.034 315.301 0.036
202412 0.011 315.605 0.012
202503 0.073 319.799 0.075
202506 0.002 322.561 0.002
202509 0.018 324.800 0.018
202512 0.065 324.054 0.066
202603 0.034 330.213 0.034

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.

What does a Cyclically Adjusted PS Ratio of 48.13 mean?
ClearSign Technologies (LTS:0I0B) has a Cyclically Adjusted PS Ratio of 48.13 as of Aug. 10, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ClearSign Technologies and its competitors. This is 63% below median its historical median of 128.57. Over the past decade, ClearSign Technologies' Cyclically Adjusted PS Ratio has ranged from 38.44 to 827.86. According to the industry distribution chart, ClearSign Technologies ranks #2284 out of 2295 companies in the Industrial Products industry, placing it in the top 99.5%.
Is ClearSign Technologies' Cyclically Adjusted PS Ratio too high?
ClearSign Technologies' current Cyclically Adjusted PS Ratio of 48.13 is 63% below median its 10-year median of 128.57. Over the past 10 years, this metric has ranged from a low of 38.44 to a high of 827.86. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. ClearSign Technologies' value of 48.13 is 2544.5% above this industry median. Based on the distribution chart, ClearSign Technologies ranks #2284 out of 2295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ClearSign Technologies has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ClearSign Technologies' Cyclically Adjusted PS Ratio compare to LIQT and RAIN?
According to the Industrial Products industry distribution chart, ClearSign Technologies ranks #2284 out of 2295 companies for Cyclically Adjusted PS Ratio. This places ClearSign Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. ClearSign Technologies' value of 48.13 is 2544.5% above this benchmark. Historically, ClearSign Technologies' own Cyclically Adjusted PS Ratio has ranged from 38.44 to 827.86 over the past decade. While the company's 10-year median is 128.57 vs. the industry median of 1.82, ClearSign Technologies 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 Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,295 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ClearSign Technologies's current Cyclically Adjusted PS Ratio of 48.13 is 2544.5% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ClearSign Technologies and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ClearSign Technologies's current Cyclically Adjusted PS Ratio is 48.13, which is 63% below median its own 10-year median of 128.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ClearSign Technologies stock overvalued right now?
Based on GuruFocus' analysis, ClearSign Technologies (LTS:0I0B) is currently considered Possible Value Trap. The stock's GF Value™ is $88.80, compared to a current price of $3.85 — trading 95.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 48.13, which is 63% below median its 10-year median of 128.57 and 2544.5% above the Industrial Products industry median of 1.82. ClearSign Technologies' overall GF Score™ is 37/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For ClearSign Technologies (LTS:0I0B), the current Cyclically Adjusted PS Ratio is 48.13 as of Aug. 10, 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 ClearSign Technologies (LTS:0I0B) Overvalued in 2026?

Based on GuruFocus' analysis, ClearSign Technologies stock appears to be undervalued. The current stock price of $3.85 is trading 95.7% below its estimated GF Value™ of $88.80. GuruFocus considers ClearSign Technologies to be Possible Value Trap.

Key valuation signals for LTS:0I0B:

  • Cyclically Adjusted PS Ratio: 48.13 (63% below median its 10-year median of 128.57)
  • GF Value™: $88.80 vs. price of $3.85 (95.7% below fair value)
  • GF Score™: 37/100 with 2 warning signs
  • Industry Position: 2544.5% above the Industrial Products median (#2284 of 2295)

No single metric tells the full story. See the LTS:0I0B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ClearSign Technologies Business Description

Other Exchanges CLIR:USA
Address 8023 East 63rd Place, Suite 101, Tulsa, OK, USA, 74133
ClearSign Technologies Corp is engaged in designing and develop technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial combustion systems, including emission and operational performance, energy efficiency and overall cost-effectiveness. Its ClearSign Core technology has been proved to be in full scale industrial test furnaces and boilers and first customer installations are currently operating in normal commercial applications The company offers products that include process burners, boiler burners, flares, and ClearSign Eye. The company operates in one segment: Combustion segment. The products of the company include: Process Burners, Midstream and Power, Flares, Boiler Burners, and Sensing Technology.
37GF Score

Get the complete analysis for LTS:0I0B

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

$3.85
Price
$88.80
GF Value