CLIR (ClearSign Technologies) Net Cash per Share: $1.19 (As of Jun. 2026)

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.

CLIR ClearSign Technologies Corp CLIR
28 GF Score
Price $4.65
! 3 Warning Signs
View Full Analysis

What is ClearSign Technologies Net Cash per Share?

ClearSign Technologies CLIR -3.41% 28 Net Cash per Share is $1.19 as of Jun. 2026. GuruFocus rates CLIR with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 590 Industrial Products companies, ClearSign Technologies ranks better than 77.12% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). ClearSign Technologies's Net Cash per Share for the quarter that ended in Jun. 2026 was $1.19.

The historical rank and industry rank for ClearSign Technologies's Net Cash per Share or its related term are showing as below:

CLIR' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.92   Med: 5.78   Max: 43.17
Current: 3.91

During the past 13 years, the highest Price-to-Net-Cash Ratio of ClearSign Technologies was 43.17. The lowest was 1.92. And the median was 5.78.

CLIR's Price-to-Net-Cash is ranked better than
77.12% of 590 companies
in the Industrial Products industry
Industry Median: 10.335 vs CLIR: 3.91

ClearSign Technologies  (NAS:CLIR) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


ClearSign Technologies Net Cash per Share Related Terms


ClearSign Technologies Net Cash per Share Historical Data

* Premium members only.

The historical data trend for ClearSign Technologies's Net Cash per Share 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 Net Cash per Share Chart

ClearSign Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.02 0.84 2.29 1.22

ClearSign Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share 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 1.63 1.30 1.22 1.02 1.19

CLIR vs LIQT, RAIN, EESH: Net Cash per Share Comparison

For the Pollution & Treatment Controls subindustry, ClearSign Technologies's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ClearSign Technologies's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where ClearSign Technologies's Price-to-Net-Cash falls into.


CLIR
28GF Score
ClearSign Technologies Corp CLIR
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ClearSign Technologies Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

ClearSign Technologies's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.178-2.651-0)/5.329
=1.22

ClearSign Technologies's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.889-2.356-0)/6.307
=1.19

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $1.19 mean?
ClearSign Technologies (CLIR) has a Net Cash per Share of $1.19 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on ClearSign Technologies and its competitors. According to the industry distribution chart, ClearSign Technologies ranks #135 out of 590 companies in the Industrial Products industry, placing it in the top 22.9%.
Is ClearSign Technologies' Net Cash per Share too high?
ClearSign Technologies' current Net Cash per Share is $1.19. The Industrial Products industry median Net Cash per Share is 10.34. ClearSign Technologies' value of $1.19 is 88.5% below this industry median. Based on the distribution chart, ClearSign Technologies ranks #135 out of 590 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ClearSign Technologies has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does ClearSign Technologies' Net Cash per Share compare to LIQT and RAIN?
According to the Industrial Products industry distribution chart, ClearSign Technologies ranks #135 out of 590 companies for Net Cash per Share. This places ClearSign Technologies in the top 23% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 10.34. ClearSign Technologies' value of $1.19 is 88.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Industrial Products company?
The median Net Cash per Share among Industrial Products companies is 10.34, based on 590 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ClearSign Technologies's current Net Cash per Share of $1.19 is 88.5% below 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on ClearSign Technologies and its competitors. For the Industrial Products industry, the median Net Cash per Share is 10.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ClearSign Technologies's current Net Cash per Share is $1.19. 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?
ClearSign Technologies (CLIR) has a current Net Cash per Share of $1.19. The current Net Cash per Share is $1.19 and 88.5% below the Industrial Products industry median of 10.34. ClearSign Technologies' overall GF Score™ is 28/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For ClearSign Technologies (CLIR), the current Net Cash per Share is $1.19 as of Jun. 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.

ClearSign Technologies Business Description

Other Exchanges 0I0B:UK
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.
28GF Score

Get the complete analysis for CLIR

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.65
Price