LightPath Technologies (FRA:LPZB) Cyclically Adjusted Revenue per Share: €1.16 (As of Mar. 2026)

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FRA:LPZB LightPath Technologies Inc FRA:LPZB
49 GF Score
Price €10.60
GF Value €2.11
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is LightPath Technologies Cyclically Adjusted Revenue per Share?

LightPath Technologies FRA:LPZB +2.91% 49 Cyclically Adjusted Revenue per Share is €1.16 as of Mar. 2026. GuruFocus rates FRA:LPZB with a GF Score™ of 49/100 and a GF Value™ of €2.11 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2026 was €0.283. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €1.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LightPath Technologies's average Cyclically Adjusted Revenue Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of LightPath Technologies was 8.30% per year. The lowest was -18.20% per year. And the median was -3.30% per year.

As of today (2026-08-11), LightPath Technologies's current stock price is €10.60. LightPath Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.16. LightPath Technologies's Cyclically Adjusted PS Ratio of today is 9.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LightPath Technologies was 11.79. The lowest was 0.49. And the median was 1.58.


LightPath Technologies  (FRA:LPZB) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.60/1.16
=9.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LightPath Technologies was 11.79. The lowest was 0.49. And the median was 1.58.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


LightPath Technologies Cyclically Adjusted Revenue per Share Related Terms


LightPath Technologies Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for LightPath Technologies's Cyclically Adjusted Revenue per Share 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.

LightPath Technologies Cyclically Adjusted Revenue per Share Chart

LightPath Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.18 1.30 1.30 1.16

LightPath Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 1.23 1.16 1.15 1.19 1.16

FRA:LPZB vs KOPN, MEI, LYTS: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


FRA:LPZB
49GF Score
LightPath Technologies Inc FRA:LPZB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LightPath Technologies Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, LightPath Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.283/330.2130*330.2130
=0.283

Current CPI (Mar. 2026) = 330.2130.

LightPath Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.248 241.018 0.340
201609 0.260 241.428 0.356
201612 0.311 241.432 0.425
201703 0.310 243.801 0.420
201706 0.306 244.955 0.413
201709 0.242 246.819 0.324
201712 0.267 246.524 0.358
201803 0.253 249.554 0.335
201806 0.253 251.989 0.332
201809 0.284 252.439 0.371
201812 0.274 251.233 0.360
201903 0.271 254.202 0.352
201906 0.300 256.143 0.387
201909 0.265 256.759 0.341
201912 0.316 256.974 0.406
202003 0.286 258.115 0.366
202006 0.291 257.797 0.373
202009 0.284 260.280 0.360
202012 0.312 260.474 0.396
202103 0.341 264.877 0.425
202106 0.258 271.696 0.314
202109 0.287 274.310 0.345
202112 0.303 278.802 0.359
202203 0.279 287.504 0.320
202206 0.312 296.311 0.348
202209 0.275 296.808 0.306
202212 0.294 296.797 0.327
202303 0.197 301.836 0.216
202306 0.240 305.109 0.260
202309 0.202 307.789 0.217
202312 0.179 306.746 0.193
202403 0.186 312.332 0.197
202406 0.206 314.175 0.217
202409 0.191 315.301 0.200
202412 0.178 315.605 0.186
202503 0.205 319.799 0.212
202506 0.247 322.561 0.253
202509 0.296 324.800 0.301
202512 0.297 324.054 0.303
202603 0.283 330.213 0.283

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

What does a Cyclically Adjusted Revenue per Share of €1.16 mean?
LightPath Technologies (FRA:LPZB) has a Cyclically Adjusted Revenue per Share of €1.16 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on LightPath Technologies and its competitors.
Is LightPath Technologies' Cyclically Adjusted Revenue per Share too high?
LightPath Technologies' current Cyclically Adjusted Revenue per Share is €1.16. Overall, LightPath Technologies has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightPath Technologies' Cyclically Adjusted Revenue per Share compare to KOPN and MEI?
LightPath Technologies' Cyclically Adjusted Revenue per Share of €1.16 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on LightPath Technologies and its competitors. LightPath Technologies's current Cyclically Adjusted Revenue per Share is €1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightPath Technologies stock overvalued right now?
Based on GuruFocus' analysis, LightPath Technologies (FRA:LPZB) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.11, compared to a current price of €10.60 — trading 402.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €1.16. LightPath Technologies' overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For LightPath Technologies (FRA:LPZB), the current Cyclically Adjusted Revenue per Share is €1.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LightPath Technologies (FRA:LPZB) Overvalued in 2026?

Based on GuruFocus' analysis, LightPath Technologies stock appears to be overvalued. The current stock price of €10.60 is trading 402.4% above its estimated GF Value™ of €2.11. GuruFocus considers LightPath Technologies to be Significantly Overvalued.

Key valuation signals for FRA:LPZB:

  • Cyclically Adjusted Revenue per Share: €1.16
  • GF Value™: €2.11 vs. price of €10.60 (402.4% above fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the FRA:LPZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LightPath Technologies Business Description

Other Exchanges LPTH:USA
Address 2603 Challenger Tech Court, Suite 100, Orlando, FL, USA, 32826
LightPath Technologies Inc manufactures, distributes, and integrates proprietary optical components and assemblies. It develops optical solutions for traditional optics and communications markets. The company's products include precision molded optics and infrared products, serving markets such as distribution, laser, industrial, instrumentation, telecommunications, and defense. Its products are categorized as infrared components, visible components, assemblies and modules, and engineering services. G5 Infrared's revenue mainly comes from infrared components and assemblies.
49GF Score

Get the complete analysis for FRA:LPZB

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.60
Price
€2.11
GF Value