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LPTH (LightPath Technologies) Cyclically Adjusted PS Ratio : 1.69 (As of May. 28, 2025)


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What is LightPath Technologies Cyclically Adjusted PS Ratio?

As of today (2025-05-28), LightPath Technologies's current share price is $2.38. LightPath Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $1.41. LightPath Technologies's Cyclically Adjusted PS Ratio for today is 1.69.

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

LPTH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.35   Max: 3.97
Current: 1.68

During the past years, LightPath Technologies's highest Cyclically Adjusted PS Ratio was 3.97. The lowest was 0.49. And the median was 1.35.

LPTH's Cyclically Adjusted PS Ratio is ranked worse than
61.05% of 1841 companies
in the Hardware industry
Industry Median: 1.1 vs LPTH: 1.68

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 $0.222. 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 $1.41 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
=2.38/1.41
=1.69

* 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)
=0.222/134.9266*134.9266
=0.222

Current CPI (Mar. 2025) = 134.9266.

LightPath Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.296 100.684 0.397
201509 0.253 100.392 0.340
201512 0.278 99.792 0.376
201603 0.236 100.470 0.317
201606 0.279 101.688 0.370
201609 0.291 101.861 0.385
201612 0.328 101.863 0.434
201703 0.331 102.862 0.434
201706 0.343 103.349 0.448
201709 0.289 104.136 0.374
201712 0.316 104.011 0.410
201803 0.312 105.290 0.400
201806 0.295 106.317 0.374
201809 0.332 106.507 0.421
201812 0.312 105.998 0.397
201903 0.306 107.251 0.385
201906 0.339 108.070 0.423
201909 0.292 108.329 0.364
201912 0.351 108.420 0.437
202003 0.316 108.902 0.392
202006 0.327 108.767 0.406
202009 0.334 109.815 0.410
202012 0.380 109.897 0.467
202103 0.406 111.754 0.490
202106 0.311 114.631 0.366
202109 0.337 115.734 0.393
202112 0.342 117.630 0.392
202203 0.307 121.301 0.341
202206 0.329 125.017 0.355
202209 0.272 125.227 0.293
202212 0.312 125.222 0.336
202303 0.211 127.348 0.224
202306 0.260 128.729 0.273
202309 0.216 129.860 0.224
202312 0.195 129.419 0.203
202403 0.203 131.776 0.208
202406 0.222 132.554 0.226
202409 0.212 133.029 0.215
202412 0.187 133.157 0.189
202503 0.222 134.927 0.222

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  (NAS:LPTH) 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.
Executives
Shmuel Rubin director, officer: Chief Executive Officer 12619 OXON ROAD, HERNDON VA 20171-1707
Albert Miranda officer: Chief Financial Officer 1102 DUNCAN CR., UNIT 203, PALM BEACH GARDENS FL 33418
Louis Leeburg director LIGHTPATH TECHNOLOGIES INC, 6820 ACEDEMY PKWY EAST NE, ALBUQUERQUE NM 87109
Darcie Peck director 2603 CHALLENGER TECH COURT, SUITE 100, ORLANDO FL 32826
Steven E Creviston director
Retreage Donald O'connor Jr officer: CFO 2603 CHALLENGER TECH CT., SUITE 100, ORLANDO FL 32826
Brueck Steven R J director 2603 CHALLENGER TECH CT., SUITE 100, ., ORLANDO FL 32826
Robert Ripp director 920 ORCHID POINT WAY, VERO BEACH FL 32963
Gaynor Joseph J Jr officer: VICE PRESIDENT
Joseph Menaker director 2603 CHALLENGER TECH CT., SUITE 100, ORLANDO FL 32826
Alan Symmons officer: VP Engineering 2603 CHALLENGER TECH CT, SUITE 100, ORLANDO FL 32826
Dorothy M Cipolla officer: CFO & Secretary 6848 STAPOINT CT, WINTER PARK FL 32792
Sohail A Khan director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Craig T Dunham director DYNASIL CORPORATION, 385 COOPER ROAD, WEST BERLIN NJ 08091
Xudong Zhu director, 10 percent owner 13 BUILDING, NO. 439, CHUNXIAO RD., ZHANGJIANG HIGH-TECH PARK, PUDONG, SHANGHAI F4 201203