ClearOne (ClearOne) Price-to-Tangible-Book

: 0.53 (As of Today)

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As of today (2024-04-19), ClearOne's share price is $0.95445. ClearOne's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.79. Hence, ClearOne's Price to Tangible Book Ratio of today is 0.53.

The historical rank and industry rank for ClearOne's Price-to-Tangible-Book or its related term are showing as below:

CLRO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5 Med: 1.24 Max: 1.88
Current: 0.53

During the past 13 years, ClearOne's highest Price to Tangible Book Ratio was 1.88. The lowest was 0.50. And the median was 1.24.

CLRO's Price-to-Tangible-Book is ranked better than
92.7% of 2302 companies
in the Hardware industry
Industry Median: 1.97 vs CLRO: 0.53

A closely related ratio is called PB Ratio. As of today, ClearOne's share price is $0.95445. ClearOne's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.86. Hence, ClearOne's P/B Ratio of today is 0.51.

ClearOne Price-to-Tangible-Book Historical Data

The historical data trend for ClearOne's Price-to-Tangible-Book 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.

ClearOne Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.91

1.39

1.09

0.51

0.60

ClearOne Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																0.51	0.51	0.48	0.45	0.60

Competitive Comparison

For the Communication Equipment subindustry, ClearOne's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

ClearOne Price-to-Tangible-Book Distribution

For the Hardware industry and Technology sector, ClearOne's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ClearOne's Price-to-Tangible-Book falls into.

ClearOne Price-to-Tangible-Book Calculation

ClearOne's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.95445	/	1.794
	=	0.53

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

ClearOne Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of ClearOne's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

ClearOne (ClearOne) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ClearOne Inc (NAS:CLRO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

5225 Wiley Post Way, Suite 500, Salt Lake City, UT, USA, 84116

Website

https://www.clearone.com

ClearOne Inc is a communications solutions company, which is engaged in designing, developing, and selling conferencing, collaboration, streaming, and digital signage solutions for audio, video, and visual communication. It sells its commercial products to end-users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators, and other resellers. Its products include professional audio, network media streaming, and professional microphones. Geographically the firm has its business presence across the US and international market.

Executives

Edward D Bagley	director, 10 percent owner	2350 OAK HILL LANE, SALT LAKE CITY UT 84121
Larry Hendricks	director	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Derek Graham	officer: Interim CEO	C/O CLEARONE, INC., 5225 WILEY POST WAY, STE. 500, SALT LAKE CITY UT 84116
Clearone, Inc.	officer: Interim CEO	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Zeynep Hakimoglu	officer: VP of Product Management	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Bruce Whaley	director	C/O CLEARONE, EDGEWATER CORPORATE PARK, S. TOWER, 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Narasimhan Narayanan	officer: VP FINANCE	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Lisa Higley	director	C/O CLEARONE INC., 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
E Bryan Bagley	10 percent owner	1470 ARLINGTON DR, SALT LAKE CITY UT 84103
Scott Huntsman	director	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Brad Baldwin	director	3607 APPLEMILL COVE, SALT LAKE CITY UT 84109
Eric L Robinson	director	551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
Michael J Braithwaite	officer: SVP	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Joseph Paul Sorrentino	officer: EXEC VP OF SALES	1825 RESEARCH WAY, SALT LAKE CITY UT 84119
Mark Allen Fletcher	officer: VP OF WORLDWIDE SALES	5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116