Light Science Technologies Holdings (LSE:LST) PB Ratio: 3.44 (As of Jun. 26, 2026) — 24% Below Median


What is Light Science Technologies Holdings PB Ratio?

Light Science Technologies Holdings LSE:LST -14.06% PB Ratio is 3.44 as of Jun. 26, 2026, which is 24% below its 10-year median of 4.50. The stock has 2 warning signs investors should review. Among 2,413 Hardware companies, Light Science Technologies Holdings ranks worse than 62.62% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-26), Light Science Technologies Holdings's share price is £0.01375. Light Science Technologies Holdings's Book Value per Share for the quarter that ended in Nov. 2025 was £0.00. Hence, Light Science Technologies Holdings's PB Ratio of today is 3.44.

The historical rank and industry rank for Light Science Technologies Holdings's PB Ratio or its related term are showing as below:

LSE:LST' s PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 4.5   Max: 12.25
Current: 3.44

During the past 8 years, Light Science Technologies Holdings's highest PB Ratio was 12.25. The lowest was 1.14. And the median was 4.50.

LSE:LST's PB Ratio is ranked worse than
62.62% of 2413 companies
in the Hardware industry
Industry Median: 2.4 vs LSE:LST: 3.44

During the past 12 months, Light Science Technologies Holdings's average Book Value Per Share Growth Rate was -33.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Light Science Technologies Holdings was 108.00% per year. The lowest was -34.10% per year. And the median was -23.70% per year.

Back to Basics: PB Ratio

Light Science Technologies Holdings  (LSE:LST) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Light Science Technologies Holdings PB Ratio Related Terms

Light Science Technologies Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Light Science Technologies Holdings's PB 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.

Light Science Technologies Holdings PB Ratio Chart

Light Science Technologies Holdings Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial 10.48 5.28 4.58 3.83 12.13

Light Science Technologies Holdings Semi-Annual Data
Nov18 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
PB 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 4.58 5.40 3.83 6.08 12.13

LSE:LST vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, Light Science Technologies Holdings's PB Ratio, along with its competitors' market caps and PB 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.

Light Science Technologies Holdings PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Light Science Technologies Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Light Science Technologies Holdings's PB Ratio falls into.


Light Science Technologies Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Light Science Technologies Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=0.01375/0.004
=3.44

* 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.

It can also be calculated from the numbers for the whole company:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.44 mean?
Light Science Technologies Holdings (LSE:LST) has a PB Ratio of 3.44 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Light Science Technologies Holdings and its competitors. This is 24% below median its historical median of 4.50. Over the past decade, Light Science Technologies Holdings' PB Ratio has ranged from 1.14 to 12.25. According to the industry distribution chart, Light Science Technologies Holdings ranks #1511 out of 2413 companies in the Hardware industry, placing it in the top 62.6%.
Is Light Science Technologies Holdings' PB Ratio too high?
Light Science Technologies Holdings' current PB Ratio of 3.44 is 24% below median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 12.25. The Hardware industry median PB Ratio is 2.40. Light Science Technologies Holdings' value of 3.44 is 43.3% above this industry median. Based on the distribution chart, Light Science Technologies Holdings ranks #1511 out of 2413 companies in the Hardware industry, which is below the industry midpoint.
How does Light Science Technologies Holdings' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Light Science Technologies Holdings ranks #1511 out of 2413 companies for PB Ratio. This places Light Science Technologies Holdings in the lower half of its industry. The industry median PB Ratio is 2.40. Light Science Technologies Holdings' value of 3.44 is 43.3% above this benchmark. Historically, Light Science Technologies Holdings' own PB Ratio has ranged from 1.14 to 12.25 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 2.40, Light Science Technologies Holdings 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 PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.40, based on 2,413 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Light Science Technologies Holdings's current PB Ratio of 3.44 is 43.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Light Science Technologies Holdings and its competitors. For the Hardware industry, the median PB Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light Science Technologies Holdings's current PB Ratio is 3.44, which is 24% below median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light Science Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Light Science Technologies Holdings (LSE:LST) is currently considered Possible Value Trap. The stock's GF Value™ is £0.02, compared to a current price of £0.01 — trading 31.3% below its estimated fair value. The current PB Ratio is 3.44, which is 24% below median its 10-year median of 4.50 and 43.3% above the Hardware industry median of 2.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Light Science Technologies Holdings (LSE:LST), the current PB Ratio is 3.44 as of Jun. 26, 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.

Light Science Technologies Holdings Business Description

Other Exchanges 9FD:Germany
Address Painters Lane, The Byre Ednaston Park Business Centre, Ednaston, Ashbourne, Derbyshire, GBR, DE6 3FA
Light Science Technologies Holdings PLC focuses on the development and manufacturing of Contract electronic boards and lighting and technology products for the Controlled Environment Agriculture (CEA) sector. The company operates in Contract Electronics Manufacturing, Agtech, and Passive fire protection. The company generates maximum revenue from the Contract electronics manufacturing segment. Geographically, the company operates in United Kingdom, Europe and Rest of the World, of which it derives maximum revenue from United Kingdom.