Clear Secure (Clear Secure) Price-to-Tangible-Book : 10.86 (As of Apr. 29, 2024)

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What is Clear Secure Price-to-Tangible-Book?

As of today (2024-04-29), Clear Secure's share price is $17.54. Clear Secure's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.62. Hence, Clear Secure's Price to Tangible Book Ratio of today is 10.86.

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

YOU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.83 Med: 12.46 Max: 12.79
Current: 10.83

During the past 5 years, Clear Secure's highest Price to Tangible Book Ratio was 12.79. The lowest was 10.83. And the median was 12.46.

YOU's Price-to-Tangible-Book is ranked worse than
79.51% of 2089 companies
in the Software industry
Industry Median: 3.6 vs YOU: 10.83

A closely related ratio is called PB Ratio. As of today, Clear Secure's share price is $17.54. Clear Secure's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.52. Hence, Clear Secure's P/B Ratio of today is 6.97.

Clear Secure Price-to-Tangible-Book Historical Data

The historical data trend for Clear Secure'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.

Clear Secure Price-to-Tangible-Book Chart

Clear Secure Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

12.46

11.58

12.79

Clear Secure Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial												11.58	11.01	11.12	9.03	12.79

Competitive Comparison of Clear Secure's Price-to-Tangible-Book

For the Software - Application subindustry, Clear Secure'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.

Clear Secure's Price-to-Tangible-Book Distribution in the Software Industry

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

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

Clear Secure Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	17.54	/	1.615
	=	10.86

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.

Clear Secure Price-to-Tangible-Book Related Terms

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

Clear Secure (Clear Secure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clear Secure Inc (NYSE:YOU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 10th Avenue, 9th Floor, New York, NY, USA, 10011

Website

https://www.clearme.com

Clear Secure Inc is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.

Executives

Durable Capital Partners Lp	10 percent owner	4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Shawn Henry	director	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Jonathan J. Feldman	officer: EVP, Powered by CLEAR	85 10TH AVE., 9TH FLOOR, NEW YORK NY 10011
Kasra Moshkani	officer: EVP, Operations	85 10TH AVE., 9TH FLOOR, NEW YORK NY 10022
Patterson Richard N. Jr.	officer: Chief Info Sec. Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Jeffery H Boyd	director	C/O ASPEN GROVE CAPITAL, LLC, PO BOX 9389, AVON CO 81620
General Atlantic Partners Aiv (ac), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapco Aiv Interholdco (ac), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Matthew Levine	officer: GC & Chief Privacy Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Kenneth L. Cornick	director, 10 percent owner, officer: President & CFO	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments Ii, Llc	director, 10 percent owner, other: See Remarks	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments, Llc	director, 10 percent owner, other: See Remarks	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Dennis W. Liu	officer: Chief Accounting Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
General Atlantic (alc), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055