LASR (nLight) Shiller PE Ratio: (As of Aug. 23, 2026)

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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.

LASR nLight Inc LASR
62 GF Score
Price $47.39
GF Value $16.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is nLight Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


nLight  (NAS:LASR) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


nLight Shiller PE Ratio Related Terms


nLight Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for nLight's Shiller 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 Shiller PE Ratio Chart

nLight Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

nLight Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

LASR vs DIOD, PI, POWI: Shiller PE Ratio Comparison

For the Semiconductors subindustry, nLight's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, nLight's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where nLight's Shiller PE Ratio falls into.


LASR
62GF Score
nLight Inc LASR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

nLight Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

nLight's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, nLight's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.47/324.0540*324.0540
=-0.470

Current CPI (Dec25) = 324.0540.

nLight Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 -0.550 241.432 -0.738
201712 0.000 246.524 0.000
201812 0.320 251.233 0.413
201912 -0.350 256.974 -0.441
202012 -0.550 260.474 -0.684
202112 -0.700 278.802 -0.814
202212 -1.230 296.797 -1.343
202312 -0.900 306.746 -0.951
202412 -1.270 315.605 -1.304
202512 -0.470 324.054 -0.470

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is nLight (LASR) Overvalued in 2026?

Based on GuruFocus' analysis, nLight stock appears to be overvalued. The current stock price of $47.39 is trading 196% above its estimated GF Value™ of $16.01. GuruFocus considers nLight to be Significantly Overvalued.

Key valuation signals for LASR:

  • Shiller PE Ratio:
  • GF Value™: $16.01 vs. price of $47.39 (196% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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 Business Description

Address 4637 North West 18th Avenue, Camas, WA, USA, 98607
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.
62GF Score

Get the complete analysis for LASR

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.39
Price
$16.01
GF Value