Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 2.12 is 50% below its estimated 5-year average of 4.25, near the low end of its estimated 5-year range (1.78–9.73).
As of 2026-10-06T13:46:09.070Z. 37.84% below its estimated 12-month average of 3.41.
Calculation as of: 2026-10-06T13:46:09.070Z.
Quote observation: 2026-10-06T13:39:20.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 26b0198c5bf9dc7252bc1fe24d359d032e095999cd69b1b1f2815dea6e497f80
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
2.12
PB RATIO AVG TTM
3.41
PB RATIO AVG 3Y
4.25
PB RATIO AVG 5Y
4.25
PB RATIO AVG 10Y
5.12
PB RATIO AVG 15Y
5.91
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-37.84%
CURRENT VS 3Y AVG
-50.10%
CURRENT VS 5Y AVG
-50.17%
CURRENT VS 10Y AVG
-58.57%
CURRENT VS 15Y AVG
-64.12%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
2.90
median of 316 covered companies
CURRENT VS SECTOR MEDIAN
-26.90%
vs the sector median at left
ClearSign Technologies Corporation
Market Cap
$20.81M
PB Ratio
2.12
TTM Avg
3.41
3Y Avg
4.25
5Y Avg
4.25
Market Cap
$21.10M
PB Ratio
0.24
TTM Avg
0.21
3Y Avg
0.37
5Y Avg
0.48
Market Cap
$18.30M
PB Ratio
3.07
TTM Avg
6.16
3Y Avg
9.72
5Y Avg
9.72
Market Cap
$17.48M
PB Ratio
1.27
TTM Avg
0.95
3Y Avg
0.88
5Y Avg
1.02
Market Cap
$16.28M
PB Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ClearSign Technologies Corporation (CLIR) | $20.81M | 2.12 | 3.41 | 4.25 | 4.25 |
| Greenland Technologies Holding Corporation (GTEC)vs › | $21.10M | 0.24 | 0.21 | 0.37 | 0.48 |
| Performance Shipping Inc. (PSHG)vs › | $21.38M | 0.06 | 0.20 | 0.26 | 0.23 |
| Castor Maritime Inc. (CTRM)vs › | $19.28M | 0.03 | 0.27 | 0.17 | 0.16 |
| High-Trend International Group (HTCO)vs › | $18.30M | 3.07 | 6.16 | 9.72 | 9.72 |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $17.48M | 1.27 | 0.95 | 0.88 | 1.02 |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $16.28M | N/A | N/A | N/A | N/A |
| BioHarvest Sciences Inc. (BHST)vs › | $25.56M | 1.29 | 6.41 | 17.53 | 17.53 |
| Greenpro Capital Corp. (GRNQ)vs › | $15.83M | 0.77 | 2.50 | 1.85 | 1.62 |
| Knightscope, Inc. (KSCP)vs › | $14.58M | 0.49 | 1.34 | 1.97 | 1.97 |
At 2.12, P/B is below its estimated 14-year median — higher than 8% of readings in its estimated 14-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 14-year low
0.97
median
5.12
estimated 14-year high
516.30
P/B Ratio
2.12
Market Price / Book Value per Share
PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)
The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-10-05 | 1.99 |
| 2026-10-02 | 2.12 |
| 2026-10-01 | 2.14 |
| 2026-09-30 | 2.14 |
| 2026-09-29 | 2.25 |
| 2026-09-28 | 2.20 |
| 2026-09-25 | 2.08 |
| 2026-09-24 | 2.09 |
| 2026-09-23 | 2.14 |
| 2026-09-22 | 2.26 |
| 2026-09-21 | 2.29 |
| 2026-09-18 | 2.32 |
| 2026-09-17 | 2.18 |
| 2026-09-16 | 2.12 |
| 2026-09-15 | 2.44 |
| 2026-09-14 | 2.32 |
| 2026-09-11 | 2.43 |
| 2026-09-10 | 2.44 |
| 2026-09-09 | 2.55 |
| 2026-09-08 | 2.60 |
| 2026-09-04 | 2.36 |
| 2026-09-03 | 2.47 |
| 2026-09-02 | 2.56 |
| 2026-09-01 | 2.50 |
| 2026-08-31 | 2.57 |
| 2026-08-28 | 2.70 |
| 2026-08-27 | 2.73 |
| 2026-08-26 | 2.81 |
| 2026-08-25 | 2.83 |
| 2026-08-24 | 2.92 |
| 2026-08-21 | 2.70 |
| 2026-08-20 | 2.82 |
| 2026-08-19 | 2.65 |
| 2026-08-18 | 2.82 |
| 2026-08-17 | 2.75 |
| 2026-08-14 | 3.43 |
| 2026-08-13 | 3.14 |
| 2026-08-12 | 3.05 |
| 2026-08-11 | 3.08 |
| 2026-08-10 | 2.89 |
| 2026-08-07 | 2.77 |
| 2026-08-06 | 2.83 |
| 2026-08-05 | 2.87 |
| 2026-08-04 | 2.95 |
| 2026-08-03 | 2.92 |
| 2026-07-31 | 2.85 |
| 2026-07-30 | 2.88 |
| 2026-07-29 | 2.97 |
| 2026-07-28 | 2.98 |
| 2026-07-27 | 2.94 |
| 2026-07-24 | 2.58 |
| 2026-07-23 | 2.47 |
| 2026-07-22 | 2.40 |
| 2026-07-21 | 2.47 |
| 2026-07-20 | 2.49 |
| 2026-07-17 | 2.67 |
| 2026-07-16 | 2.69 |
| 2026-07-15 | 2.75 |
| 2026-07-14 | 2.74 |
| 2026-07-13 | 2.67 |
| 2026-07-10 | 2.75 |
| 2026-07-09 | 2.77 |
| 2026-07-08 | 2.73 |
| 2026-07-07 | 2.83 |
| 2026-07-06 | 3.03 |
| 2026-07-02 | 3.00 |
| 2026-07-01 | 3.04 |
| 2026-06-30 | 2.71 |
| 2026-06-29 | 2.69 |
| 2026-06-26 | 2.67 |
| 2026-06-25 | 2.50 |
| 2026-06-24 | 2.60 |
| 2026-06-23 | 2.74 |
| 2026-06-22 | 2.75 |
| 2026-06-18 | 2.80 |
| 2026-06-17 | 2.99 |
| 2026-06-16 | 3.04 |
| 2026-06-15 | 3.06 |
| 2026-06-12 | 3.01 |
| 2026-06-11 | 3.08 |
| 2026-06-10 | 3.09 |
| 2026-06-09 | 3.07 |
| 2026-06-08 | 3.06 |
| 2026-06-05 | 2.91 |
| 2026-06-04 | 3.16 |
| 2026-06-03 | 3.23 |
| 2026-06-02 | 3.29 |
| 2026-06-01 | 3.30 |
| 2026-05-29 | 3.42 |
| 2026-05-28 | 3.37 |
| 2026-05-27 | 3.28 |
| 2026-05-26 | 3.42 |
| 2026-05-22 | 3.58 |
| 2026-05-21 | 3.70 |
| 2026-05-20 | 3.62 |
| 2026-05-19 | 3.40 |
| 2026-05-18 | 3.25 |
| 2026-05-15 | 2.74 |
| 2026-05-14 | 3.03 |
| 2026-05-13 | 2.59 |
| 2026-05-12 | 2.65 |
| 2026-05-11 | 2.54 |
| 2026-05-08 | 2.64 |
| 2026-05-07 | 2.81 |
| 2026-05-06 | 2.86 |
| 2026-05-05 | 2.86 |
| 2026-05-04 | 2.95 |
| 2026-05-01 | 2.98 |
| 2026-04-30 | 2.91 |
| 2026-04-29 | 3.13 |
| 2026-04-28 | 3.10 |
| 2026-04-27 | 3.05 |
| 2026-04-24 | 2.91 |
| 2026-04-23 | 3.01 |
| 2026-04-22 | 3.26 |
| 2026-04-21 | 3.15 |
| 2026-04-20 | 3.15 |
| 2026-04-17 | 3.17 |
| 2026-04-16 | 3.10 |
| 2026-04-15 | 3.40 |
| 2026-04-14 | 3.13 |
| 2026-04-13 | 3.14 |
| 2026-04-10 | 3.08 |
| 2026-04-09 | 3.60 |
| 2026-04-08 | 3.77 |
| 2026-04-07 | 3.58 |
| 2026-04-06 | 4.04 |
| 2026-04-02 | 2.81 |
| 2026-04-01 | 2.74 |
| 2026-03-31 | 2.68 |
| 2026-03-30 | 2.36 |
| 2026-03-27 | 2.30 |
| 2026-03-26 | 2.28 |
| 2026-03-25 | 2.19 |
| 2026-03-24 | 2.17 |
| 2026-03-23 | 2.21 |
| 2026-03-20 | 2.12 |
| 2026-03-19 | 2.22 |
| 2026-03-18 | 2.29 |
| 2026-03-17 | 2.48 |
| 2026-03-16 | 2.68 |
| 2026-03-13 | 2.66 |
| 2026-03-12 | 2.70 |
| 2026-03-11 | 2.74 |
| 2026-03-10 | 3.51 |
| 2026-03-09 | 3.29 |
| 2026-03-06 | 3.29 |
| 2026-03-05 | 3.20 |
| 2026-03-04 | 3.32 |
| 2026-03-03 | 3.37 |
| 2026-03-02 | 3.45 |
| 2026-02-27 | 3.45 |
| 2026-02-26 | 3.45 |
| 2026-02-25 | 3.56 |
| 2026-02-24 | 3.61 |
| 2026-02-23 | 3.60 |
| 2026-02-20 | 3.65 |
| 2026-02-19 | 3.78 |
| 2026-02-18 | 3.73 |
| 2026-02-17 | 3.86 |
| 2026-02-13 | 3.77 |
| 2026-02-12 | 3.75 |
| 2026-02-11 | 3.57 |
| 2026-02-10 | 3.76 |
| 2026-02-09 | 4.05 |
| 2026-02-06 | 3.56 |
| 2026-02-05 | 3.49 |
| 2026-02-04 | 3.60 |
| 2026-02-03 | 3.76 |
| 2026-02-02 | 3.68 |
| 2026-01-30 | 3.69 |
| 2026-01-29 | 3.71 |
| 2026-01-28 | 3.78 |
| 2026-01-27 | 4.12 |
| 2026-01-26 | 4.30 |
| 2026-01-23 | 4.27 |
| 2026-01-22 | 4.41 |
| 2026-01-21 | 4.19 |
| 2026-01-20 | 4.61 |
| 2026-01-16 | 4.67 |
| 2026-01-15 | 4.85 |
| 2026-01-14 | 4.62 |
| 2026-01-13 | 4.71 |
| 2026-01-12 | 4.57 |
| 2026-01-09 | 4.77 |
| 2026-01-08 | 4.48 |
| 2026-01-07 | 4.72 |
| 2026-01-06 | 3.68 |
| 2026-01-05 | 3.93 |
| 2026-01-02 | 3.50 |
| 2025-12-31 | 3.41 |
| 2025-12-30 | 3.41 |
| 2025-12-29 | 3.53 |
| 2025-12-26 | 3.74 |
| 2025-12-24 | 3.85 |
| 2025-12-23 | 3.70 |
| 2025-12-22 | 3.56 |
| 2025-12-19 | 3.50 |
| 2025-12-18 | 3.64 |
| 2025-12-17 | 3.39 |
| 2025-12-16 | 3.62 |
| 2025-12-15 | 3.57 |
| 2025-12-12 | 4.02 |
| 2025-12-11 | 3.76 |
| 2025-12-10 | 4.18 |
| 2025-12-09 | 4.63 |
| 2025-12-08 | 4.61 |
| 2025-12-05 | 4.70 |
| 2025-12-04 | 4.67 |
| 2025-12-03 | 4.72 |
| 2025-12-02 | 4.41 |
| 2025-12-01 | 4.40 |
| 2025-11-28 | 4.55 |
| 2025-11-26 | 4.54 |
| 2025-11-25 | 4.63 |
| 2025-11-24 | 4.77 |
| 2025-11-21 | 4.99 |
| 2025-11-20 | 5.04 |
| 2025-11-19 | 5.27 |
| 2025-11-18 | 5.08 |
| 2025-11-17 | 5.12 |
| 2025-11-14 | 4.68 |
| 2025-11-13 | 4.59 |
| 2025-11-12 | 4.41 |
| 2025-11-11 | 4.55 |
| 2025-11-10 | 4.92 |
| 2025-11-07 | 4.93 |
| 2025-11-06 | 4.75 |
| 2025-11-05 | 4.86 |
| 2025-11-04 | 4.59 |
| 2025-11-03 | 4.53 |
| 2025-10-31 | 4.61 |
| 2025-10-30 | 4.66 |
| 2025-10-29 | 4.77 |
| 2025-10-28 | 4.84 |
| 2025-10-27 | 4.45 |
| 2025-10-24 | 4.72 |
| 2025-10-23 | 5.04 |
| 2025-10-22 | 4.40 |
| 2025-10-21 | 4.57 |
| 2025-10-20 | 5.04 |
| 2025-10-17 | 4.51 |
| 2025-10-16 | 4.61 |
| 2025-10-15 | 5.13 |
| 2025-10-14 | 5.30 |
| 2025-10-13 | 4.88 |
| 2025-10-10 | 4.56 |
| 2025-10-09 | 4.88 |
| 2025-10-08 | 5.19 |
| 2025-10-07 | 5.09 |
| 2025-10-06 | 5.62 |
| 2025-10-03 | 4.55 |
| 2025-10-02 | 4.47 |
| 2025-10-01 | 4.20 |
| 2025-09-30 | 4.09 |
| 2025-09-29 | 4.25 |
| 2025-09-26 | 4.27 |
| 2025-09-25 | 3.88 |
| 2025-09-24 | 4.02 |
| 2025-09-23 | 3.79 |
Showing the most recent 260 of 3,632 data points. The chart above shows the full history.
