Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
LightPath TechnologiesLPTH +3.10%44 Median PS Value is $2.16 as of Aug. 11, 2026, which is 104% above its 10-year median of 1.06. GuruFocus rates LPTH with a GF Score™ of 44/100 and a GF Value™ of $2.50 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,551 Hardware companies, LightPath Technologies ranks worse than 95.81% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
LightPath Technologies (NAS:LPTH) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
LightPath Technologies's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
12.96
/
2.16
=
6.00
* 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 Median PS Value Related Terms
LightPath Technologies Median PS Value Historical Data
* Premium members only.
The historical data trend for LightPath Technologies's Median PS Value 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.
LPTH vs KOPN, MEI, LYTS: Median PS Value Comparison
For the Electronic Components subindustry, LightPath Technologies's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Hardware Industry
For the Hardware industry and Technology sector, LightPath Technologies's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where LightPath Technologies's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.6514.
LightPath Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.308.
* 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 (LPTH) has a Median PS Value of $2.16 as of Aug. 11, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on LightPath Technologies and its competitors. This is 104% above median its historical median of 1.06. Over the past decade, LightPath Technologies' Median PS Value has ranged from 0.36 to 6.04. According to the industry distribution chart, LightPath Technologies ranks #1486 out of 1551 companies in the Hardware industry, placing it in the top 95.8%.
Is LightPath Technologies' Median PS Value too high?
LightPath Technologies' current Median PS Value of $2.16 is 104% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 6.04. The Hardware industry median Median PS Value is 1.23. LightPath Technologies' value of $2.16 is 75.6% above this industry median. Based on the distribution chart, LightPath Technologies ranks #1486 out of 1551 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LightPath Technologies has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightPath Technologies' Median PS Value compare to KOPN and MEI?
According to the Hardware industry distribution chart, LightPath Technologies ranks #1486 out of 1551 companies for Median PS Value. This places LightPath Technologies in the lower half of its industry. The industry median Median PS Value is 1.23. LightPath Technologies' value of $2.16 is 75.6% above this benchmark. Historically, LightPath Technologies' own Median PS Value has ranged from 0.36 to 6.04 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.23, LightPath Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Hardware company?
The median Median PS Value among Hardware companies is 1.23, based on 1,551 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LightPath Technologies's current Median PS Value of $2.16 is 75.6% 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on LightPath Technologies and its competitors. For the Hardware industry, the median Median PS Value is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightPath Technologies's current Median PS Value is $2.16, which is 104% above median its own 10-year median of 1.06. 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 (LPTH) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.50, compared to a current price of $12.96 — trading 418.4% above its estimated fair value. The current Median PS Value is $2.16, which is 104% above median its 10-year median of 1.06 and 75.6% above the Hardware industry median of 1.23. LightPath Technologies' overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For LightPath Technologies (LPTH), the current Median PS Value is $2.16 as of Aug. 11, 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 (LPTH) Overvalued in 2026?
Based on GuruFocus' analysis, LightPath Technologies stock appears to be overvalued.
The current stock price of $12.96 is trading 418.4% above its estimated GF Value™ of $2.50.
GuruFocus considers LightPath Technologies to be Significantly Overvalued.
Key valuation signals for LPTH:
Median PS Value: $2.16 (104% above median its 10-year median of 1.06)
GF Value™: $2.50 vs. price of $12.96 (418.4% above fair value)
Industry Position: 75.6% above the Hardware median (#1486 of 1551)
No single metric tells the full story. See the LPTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
44GF Score
Get the complete analysis for LPTH
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LPTH has been successfully added to your 
