nLightLASR +3.24%63 Forward PE Ratio is 124.62 as of Jul. 07, 2026. GuruFocus rates LASR with a GF Score™ of 63/100 and a GF Value™ of $14.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 546 Semiconductors companies, nLight ranks worse than 88.83% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
nLight Forward PE Ratio Related Terms
nLight Forward PE Ratio Historical Data
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The historical data trend for nLight's Forward PE 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.
nLight Forward PE Ratio Chart
nLight Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2025-12
Forward PE Ratio
33.00
89.29
88.50
56.50
125.24
nLight Quarterly Data
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-09
2025-09
2025-12
2026-03
Forward PE Ratio
84.03
42.74
33.00
47.39
53.19
37.45
89.29
188.68
84.03
88.50
64.52
88.50
44.25
56.50
3,333.33
37.74
662.05
125.24
196.70
LASR vs PI, NVTS, HIMX: Forward PE Ratio Comparison
For the Semiconductors subindustry, nLight's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
nLight Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, nLight's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where nLight's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
nLight (LASR) has a Forward PE Ratio of 124.62 as of Jul. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on nLight and its competitors. According to the industry distribution chart, nLight ranks #485 out of 546 companies in the Semiconductors industry, placing it in the top 88.8%.
Is nLight's Forward PE Ratio too high?
nLight's current Forward PE Ratio is 124.62. The Semiconductors industry median Forward PE Ratio is 35.93. nLight's value of 124.62 is 246.8% above this industry median. Based on the distribution chart, nLight ranks #485 out of 546 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, nLight has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nLight's Forward PE Ratio compare to PI and NVTS?
According to the Semiconductors industry distribution chart, nLight ranks #485 out of 546 companies for Forward PE Ratio. This places nLight in the lower half of its industry. The industry median Forward PE Ratio is 35.93. nLight's value of 124.62 is 246.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 35.93, based on 546 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. nLight's current Forward PE Ratio of 124.62 is 246.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on nLight and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 35.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. nLight's current Forward PE Ratio is 124.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nLight stock overvalued right now?
Based on GuruFocus' analysis, nLight (LASR) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.99, compared to a current price of $65.30 — trading 335.6% above its estimated fair value. The current Forward PE Ratio is 124.62 and 246.8% above the Semiconductors industry median of 35.93. nLight's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For nLight (LASR), the current Forward PE Ratio is 124.62 as of Jul. 07, 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 nLight (LASR) Overvalued in 2026?
Based on GuruFocus' analysis, nLight stock appears to be overvalued.
The current stock price of $65.30 is trading 335.6% above its estimated GF Value™ of $14.99.
GuruFocus considers nLight to be Significantly Overvalued.
Key valuation signals for LASR:
Forward PE Ratio: 124.62
GF Value™: $14.99 vs. price of $65.30 (335.6% above fair value)
Industry Position: 246.8% above the Semiconductors median (#485 of 546)
No single metric tells the full story. See the LASR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
nLight Inc is a United States-based company provider of power semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It designs, manufactures, and sells a range of power semiconductor lasers and fiber lasers that are typically integrated into laser systems. It operates in two segments: Laser Products segment, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, Asia Pacific, and EMEA, of which maximum revenue is derived from North America.
63GF Score
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