Clear SecureYOU +0.42%70 PB Ratio is 28.75 as of Jun. 25, 2026, which is 189% above its 10-year median of 9.94. GuruFocus rates YOU with a GF Score™ of 70/100 and a GF Value™ of $36.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,625 Software companies, Clear Secure ranks worse than 97.49% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Clear Secure's share price is $52.95. Clear Secure's Book Value per Share for the quarter that ended in Mar. 2026 was $1.84. Hence, Clear Secure's PB Ratio of today is 28.75.
The historical rank and industry rank for Clear Secure's PB Ratio or its related term are showing as below:
YOU'
s PB Ratio Range Over the Past 10 Years
Min: 5.43 Med: 9.94 Max: 56.48
Current: 28.78
During the past 7 years, Clear Secure's highest PB Ratio was 56.48. The lowest was 5.43. And the median was 9.94.
YOU's PB Ratio is ranked worse than 97.49% of 2625
companies
in the Software industry
Industry Median: 2.36
vs YOU: 28.78
During the past 12 months, Clear Secure's average Book Value Per Share Growth Rate was 47.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Clear Secure was 31.00% per year. The lowest was -18.00% per year. And the median was -0.25% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Clear Secure PB Ratio Related Terms
Clear Secure PB Ratio Historical Data
* Premium members only.
The historical data trend for Clear Secure's PB 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.
For the Software - Application subindustry, Clear Secure's PB Ratio, along with its competitors' market caps and PB 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.
Clear Secure PB Ratio vs Software Industry
For the Software industry and Technology sector, Clear Secure's PB Ratio distribution charts can be found below:
* The bar in red indicates where Clear Secure's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Clear Secure's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Clear Secure (YOU) has a PB Ratio of 28.75 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Clear Secure and its competitors. This is 189% above median its historical median of 9.94. Over the past decade, Clear Secure's PB Ratio has ranged from 5.43 to 56.48. According to the industry distribution chart, Clear Secure ranks #2559 out of 2625 companies in the Software industry, placing it in the top 97.5%.
Is Clear Secure's PB Ratio too high?
Clear Secure's current PB Ratio of 28.75 is 189% above median its 10-year median of 9.94. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 56.48. The Software industry median PB Ratio is 2.36. Clear Secure's value of 28.75 is 1118.2% above this industry median. Based on the distribution chart, Clear Secure ranks #2559 out of 2625 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Clear Secure has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clear Secure's PB Ratio compare to APPF and NAVN?
According to the Software industry distribution chart, Clear Secure ranks #2559 out of 2625 companies for PB Ratio. This places Clear Secure in the lower half of its industry. The industry median PB Ratio is 2.36. Clear Secure's value of 28.75 is 1118.2% above this benchmark. Historically, Clear Secure's own PB Ratio has ranged from 5.43 to 56.48 over the past decade. While the company's 10-year median is 9.94 vs. the industry median of 2.36, Clear Secure 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 PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.36, based on 2,625 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clear Secure's current PB Ratio of 28.75 is 1118.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Clear Secure and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clear Secure's current PB Ratio is 28.75, which is 189% above median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clear Secure stock overvalued right now?
Based on GuruFocus' analysis, Clear Secure (YOU) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.02, compared to a current price of $52.95 — trading 47% above its estimated fair value. The current PB Ratio is 28.75, which is 189% above median its 10-year median of 9.94 and 1118.2% above the Software industry median of 2.36. Clear Secure's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Clear Secure (YOU), the current PB Ratio is 28.75 as of Jun. 25, 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 Clear Secure (YOU) Overvalued in 2026?
Based on GuruFocus' analysis, Clear Secure stock appears to be overvalued.
The current stock price of $52.95 is trading 47% above its estimated GF Value™ of $36.02.
GuruFocus considers Clear Secure to be Significantly Overvalued.
Key valuation signals for YOU:
PB Ratio: 28.75 (189% above median its 10-year median of 9.94)
GF Value™: $36.02 vs. price of $52.95 (47% above fair value)
Industry Position: 1118.2% above the Software median (#2559 of 2625)
No single metric tells the full story. See the YOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clear Secure Inc is an identity company making experiences safer and easier digitally and physically. It is involved in creating a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports, helping to make the travel experience safe and easy. The Company's operations are mainly focused on growing and maintaining its secure identity network across multiple offerings in both aviation and non-aviation channels.
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