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LightPath TechnologiesLPTH +4.14%44 PS Ratio is 10.01 as of Aug. 11, 2026, which is 499% above its 10-year median of 1.67. 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 2,468 Hardware companies, LightPath Technologies ranks worse than 86.91% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, LightPath Technologies's share price is $13.09.
LightPath Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.31. Hence, LightPath Technologies's PS Ratio for today is 10.01.
The historical rank and industry rank for LightPath Technologies's PS Ratio or its related term are showing as below:
LPTH'
s PS Ratio Range Over the Past 10 Years
Min: 0.46 Med: 1.67 Max: 12.98
Current: 9.97
During the past 13 years, LightPath Technologies's highest PS Ratio was 12.98. The lowest was 0.46. And the median was 1.67.
LPTH's PS Ratio is ranked worse than 86.91% of 2468
companies
in the Hardware industry
Industry Median: 1.89
vs LPTH: 9.97
LightPath Technologies Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of LightPath Technologies was 55.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -11.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -9.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -1.20% per year.
During the past 13 years, LightPath Technologies's highest 3-Year average Revenue per Share Growth Rate was 72.80% per year. The lowest was -35.50% per year. And the median was -2.00% per year.
LightPath Technologies (NAS:LPTH) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
* 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.
For the Electronic Components subindustry, LightPath Technologies's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, LightPath Technologies's PS Ratio distribution charts can be found below:
* The bar in red indicates where LightPath Technologies's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
LightPath Technologies's Share Price of today is $13.09. 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 $1.31.
* 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:
LightPath Technologies (LPTH) has a PS Ratio of 10.01 as of Aug. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on LightPath Technologies and its competitors. This is 499% above median its historical median of 1.67. Over the past decade, LightPath Technologies' PS Ratio has ranged from 0.46 to 12.98. According to the industry distribution chart, LightPath Technologies ranks #2145 out of 2468 companies in the Hardware industry, placing it in the top 86.9%.
Is LightPath Technologies' PS Ratio too high?
LightPath Technologies' current PS Ratio of 10.01 is 499% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 12.98. The Hardware industry median PS Ratio is 1.89. LightPath Technologies' value of 10.01 is 429.6% above this industry median. Based on the distribution chart, LightPath Technologies ranks #2145 out of 2468 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' PS Ratio compare to KOPN and MEI?
According to the Hardware industry distribution chart, LightPath Technologies ranks #2145 out of 2468 companies for PS Ratio. This places LightPath Technologies in the lower half of its industry. The industry median PS Ratio is 1.89. LightPath Technologies' value of 10.01 is 429.6% above this benchmark. Historically, LightPath Technologies' own PS Ratio has ranged from 0.46 to 12.98 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.89, 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 PS Ratio for a Hardware company?
The median PS Ratio among Hardware companies is 1.89, based on 2,468 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LightPath Technologies's current PS Ratio of 10.01 is 429.6% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on LightPath Technologies and its competitors. For the Hardware industry, the median PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightPath Technologies's current PS Ratio is 10.01, which is 499% above median its own 10-year median of 1.67. 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 $13.09 — trading 423.6% above its estimated fair value. The current PS Ratio is 10.01, which is 499% above median its 10-year median of 1.67 and 429.6% above the Hardware industry median of 1.89. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For LightPath Technologies (LPTH), the current PS Ratio is 10.01 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 $13.09 is trading 423.6% above its estimated GF Value™ of $2.50.
GuruFocus considers LightPath Technologies to be Significantly Overvalued.
Key valuation signals for LPTH:
PS Ratio: 10.01 (499% above median its 10-year median of 1.67)
GF Value™: $2.50 vs. price of $13.09 (423.6% above fair value)
Industry Position: 429.6% above the Hardware median (#2145 of 2468)
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
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