Clearsign Combustion Stock Price To Earnings To Growth

CLIR Stock

USD 1.22 0.11 9.91%

ClearSign Combustion fundamentals help investors to digest information that contributes to ClearSign Combustion's financial success or failures. It also enables traders to predict the movement of ClearSign Stock. The fundamental analysis module provides a way to measure ClearSign Combustion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ClearSign Combustion stock.

Other Current Liab Total Assets

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ClearSign Combustion Company Price To Earnings To Growth Analysis

ClearSign Combustion's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

PEG Ratio

PE Ratio

EPS Growth

More About Price To Earnings To Growth | All Equity Analysis

ClearSign Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for ClearSign Combustion is extremely important. It helps to project a fair market value of ClearSign Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since ClearSign Combustion's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ClearSign Combustion's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ClearSign Combustion's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Term Debt	Intangible Assets	Net Tangible Assets	Capital Surpluse	Current Deferred Revenue	Net Receivables	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	-0.91	-0.48	0.5	0.43	0.99	0.48	0.43	0.5	0.38	0.88	0.59	-0.21	-0.13	-0.49	0.55	0.7	0.69	0.08
Total Stockholder Equity	0.99		-0.92	-0.43	0.47	0.33	0.99	0.43	0.39	0.5	0.33	0.87	0.53	-0.24	-0.18	-0.47	0.5	0.68	0.66	0.03
Net Debt	-0.91	-0.92		0.43	-0.3	-0.28	-0.91	-0.44	-0.39	-0.46	-0.26	-0.79	-0.51	-0.03	0.05	0.2	-0.5	-0.54	-0.55	-0.1
Retained Earnings	-0.48	-0.43	0.43		-0.2	-0.66	-0.49	-0.95	-0.7	-0.45	-0.01	-0.58	-0.94	-0.34	-0.45	0.46	-0.89	-0.77	-0.8	-0.6
Accounts Payable	0.5	0.47	-0.3	-0.2		0.44	0.45	0.16	0.24	0.04	0.38	0.42	0.28	-0.46	-0.21	-0.25	0.18	0.39	0.35	-0.28
Total Liab	0.43	0.33	-0.28	-0.66	0.44		0.35	0.59	0.47	0.12	0.55	0.43	0.68	0.13	0.37	-0.32	0.57	0.49	0.49	0.47
Total Current Assets	0.99	0.99	-0.91	-0.49	0.45	0.35		0.51	0.43	0.49	0.23	0.91	0.61	-0.18	-0.13	-0.49	0.59	0.75	0.74	0.12
Common Stock	0.48	0.43	-0.44	-0.95	0.16	0.59	0.51		0.73	0.27	-0.08	0.59	0.86	0.44	0.59	-0.45	0.88	0.81	0.84	0.69
Property Plant Equipment	0.43	0.39	-0.39	-0.7	0.24	0.47	0.43	0.73		0.43	-0.07	0.4	0.71	0.05	0.18	-0.33	0.76	0.6	0.63	0.42
Short Term Debt	0.5	0.5	-0.46	-0.45	0.04	0.12	0.49	0.27	0.43		0.14	0.36	0.55	-0.33	-0.45	-0.4	0.44	0.35	0.38	-0.17
Intangible Assets	0.38	0.33	-0.26	-0.01	0.38	0.55	0.23	-0.08	-0.07	0.14		0.13	0.02	-0.27	-0.12	-0.09	-0.18	-0.08	-0.11	-0.24
Net Tangible Assets	0.88	0.87	-0.79	-0.58	0.42	0.43	0.91	0.59	0.4	0.36	0.13		0.7	-0.05	0.03	-0.52	0.73	0.85	0.84	0.26
Capital Surpluse	0.59	0.53	-0.51	-0.94	0.28	0.68	0.61	0.86	0.71	0.55	0.02	0.7		0.14	0.23	-0.51	0.94	0.81	0.84	0.53
Current Deferred Revenue	-0.21	-0.24	-0.03	-0.34	-0.46	0.13	-0.18	0.44	0.05	-0.33	-0.27	-0.05	0.14		0.79	0.4	0.25	0.05	0.09	0.66
Net Receivables	-0.13	-0.18	0.05	-0.45	-0.21	0.37	-0.13	0.59	0.18	-0.45	-0.12	0.03	0.23	0.79		-0.06	0.3	0.22	0.23	0.7
Long Term Debt Total	-0.49	-0.47	0.2	0.46	-0.25	-0.32	-0.49	-0.45	-0.33	-0.4	-0.09	-0.52	-0.51	0.4	-0.06		-0.44	-0.63	-0.62	-0.13
Short Long Term Debt	0.55	0.5	-0.5	-0.89	0.18	0.57	0.59	0.88	0.76	0.44	-0.18	0.73	0.94	0.25	0.3	-0.44		0.88	0.91	0.61
Net Invested Capital	0.7	0.68	-0.54	-0.77	0.39	0.49	0.75	0.81	0.6	0.35	-0.08	0.85	0.81	0.05	0.22	-0.63	0.88		1.0	0.41
Net Working Capital	0.69	0.66	-0.55	-0.8	0.35	0.49	0.74	0.84	0.63	0.38	-0.11	0.84	0.84	0.09	0.23	-0.62	0.91	1.0		0.45
Capital Stock	0.08	0.03	-0.1	-0.6	-0.28	0.47	0.12	0.69	0.42	-0.17	-0.24	0.26	0.53	0.66	0.7	-0.13	0.61	0.41	0.45

Click cells to compare fundamentals

Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.

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Predict ClearSign Combustion

ClearSign Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.65

At this time, ClearSign Combustion's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Based on the latest financial disclosure, ClearSign Combustion has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The price to earnings to growth for all United States stocks is 100.0% higher than that of the company.

ClearSign Combustion Current Valuation Drivers

We derive many important indicators used in calculating different scores of ClearSign Combustion from analyzing ClearSign Combustion's financial statements. These drivers represent accounts that assess ClearSign Combustion's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ClearSign Combustion's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	20.3M	81.6M	43.1M	19.1M	42.7M	52.4M
Enterprise Value	12.3M	73.4M	36.0M	13.0M	37.3M	46.1M

ClearSign Fundamentals

	Return On Equity	-0.46
	Return On Asset	-0.27
	Profit Margin	(2.10) %
	Operating Margin	(47.49) %
	Current Valuation	41.48 M
	Shares Outstanding	50.23 M
	Shares Owned By Insiders	20.06 %
	Shares Owned By Institutions	6.40 %
	Number Of Shares Shorted	339.69 K
	Price To Earning	(4.19) X
	Price To Book	3.76 X
	Price To Sales	22.25 X
	Revenue	2.4 M
	Gross Profit	(452 K)
	EBITDA	(5.68 M)
	Net Income	(5.19 M)
	Cash And Equivalents	9.01 M
	Cash Per Share	0.24 X
	Total Debt	172 K
	Debt To Equity	0.05 %
	Current Ratio	10.61 X
	Book Value Per Share	0.13 X
	Cash Flow From Operations	(3.23 M)
	Short Ratio	3.78 X
	Earnings Per Share	(0.11) X
	Target Price	6.0
	Number Of Employees	16
	Beta	1.07
	Market Capitalization	55.76 M
	Total Asset	7.62 M
	Retained Earnings	(93.72 M)
	Working Capital	8.59 M
	Current Asset	11.19 M
	Current Liabilities	1.62 M
	Net Asset	7.62 M

About ClearSign Combustion Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ClearSign Combustion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ClearSign Combustion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ClearSign Combustion based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with ClearSign Combustion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ClearSign Combustion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ClearSign Combustion will appreciate offsetting losses from the drop in the long position's value.

Moving together with ClearSign Stock

0.89	KN	Knowles Cor	Pair Corr
0.81	UI	Ubiquiti Networks	Pair Corr

Moving against ClearSign Stock

0.93	VRME	VerifyMe	Pair Corr
0.85	VISL	Vislink Technologies	Pair Corr
0.75	DM	Desktop Metal	Pair Corr
0.46	VSAT	ViaSat Inc	Pair Corr
0.44	FN	Fabrinet	Pair Corr

The ability to find closely correlated positions to ClearSign Combustion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClearSign Combustion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ClearSign Combustion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ClearSign Combustion to buy it.

The correlation of ClearSign Combustion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ClearSign Combustion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClearSign Combustion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ClearSign Combustion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for ClearSign Stock Analysis

When running ClearSign Combustion's price analysis, check to measure ClearSign Combustion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ClearSign Combustion is operating at the current time. Most of ClearSign Combustion's value examination focuses on studying past and present price action to predict the probability of ClearSign Combustion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ClearSign Combustion's price. Additionally, you may evaluate how the addition of ClearSign Combustion to your portfolios can decrease your overall portfolio volatility.

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