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LightPath Technologies (FRA:LPZB) Cyclically Adjusted PS Ratio : 2.05 (As of Jun. 02, 2025)


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What is LightPath Technologies Cyclically Adjusted PS Ratio?

As of today (2025-06-02), LightPath Technologies's current share price is €2.52. LightPath Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €1.23. LightPath Technologies's Cyclically Adjusted PS Ratio for today is 2.05.

The historical rank and industry rank for LightPath Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:LPZB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.36   Max: 3.97
Current: 1.99

During the past years, LightPath Technologies's highest Cyclically Adjusted PS Ratio was 3.97. The lowest was 0.49. And the median was 1.36.

FRA:LPZB's Cyclically Adjusted PS Ratio is ranked worse than
65.91% of 1839 companies
in the Hardware industry
Industry Median: 1.13 vs FRA:LPZB: 1.99

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

LightPath Technologies's adjusted revenue per share data for the three months ended in Mar. 2025 was €0.205. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €1.23 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


LightPath Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for LightPath Technologies's Cyclically Adjusted PS 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.

* Premium members only.

LightPath Technologies Cyclically Adjusted PS Ratio Chart

LightPath Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 2.02 0.90 0.97 0.90

LightPath Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.90 0.97 2.52 1.42

Competitive Comparison of LightPath Technologies's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, LightPath Technologies's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


LightPath Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LightPath Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where LightPath Technologies's Cyclically Adjusted PS Ratio falls into.


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LightPath Technologies Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

LightPath Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.52/1.23
=2.05

* 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.

LightPath Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, LightPath Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.205/134.9266*134.9266
=0.205

Current CPI (Mar. 2025) = 134.9266.

LightPath Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.264 100.684 0.354
201509 0.226 100.392 0.304
201512 0.255 99.792 0.345
201603 0.212 100.470 0.285
201606 0.248 101.688 0.329
201609 0.260 101.861 0.344
201612 0.311 101.863 0.412
201703 0.310 102.862 0.407
201706 0.306 103.349 0.399
201709 0.242 104.136 0.314
201712 0.267 104.011 0.346
201803 0.253 105.290 0.324
201806 0.253 106.317 0.321
201809 0.284 106.507 0.360
201812 0.274 105.998 0.349
201903 0.271 107.251 0.341
201906 0.300 108.070 0.375
201909 0.265 108.329 0.330
201912 0.316 108.420 0.393
202003 0.286 108.902 0.354
202006 0.291 108.767 0.361
202009 0.284 109.815 0.349
202012 0.312 109.897 0.383
202103 0.341 111.754 0.412
202106 0.258 114.631 0.304
202109 0.287 115.734 0.335
202112 0.303 117.630 0.348
202203 0.279 121.301 0.310
202206 0.312 125.017 0.337
202209 0.275 125.227 0.296
202212 0.294 125.222 0.317
202303 0.197 127.348 0.209
202306 0.240 128.729 0.252
202309 0.202 129.860 0.210
202312 0.179 129.419 0.187
202403 0.186 131.776 0.190
202406 0.206 132.554 0.210
202409 0.191 133.029 0.194
202412 0.178 133.157 0.180
202503 0.205 134.927 0.205

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


LightPath Technologies  (FRA:LPZB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


LightPath Technologies Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of LightPath Technologies's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


LightPath Technologies Business Description

Traded in Other Exchanges
Address
2603 Challenger Tech Court, Suite 100, Orlando, FL, USA, 32826
LightPath Technologies Inc is a manufacturer, distributor, and integrator of proprietary optical components and assemblies. It is also engaged in the research and development for optical solutions for the traditional optics markets and communications markets. The company's business based on the following product groups: precision molded optics, specialty products, and infrared products. It currently serves the following major markets, distribution and catalog, laser, industrial, instrumentation, telecommunications, and defense.

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