Lightpath Technologies Stock Price To Earning
| LPTH Stock | USD 1.50 0.07 4.46% |
LightPath Technologies fundamentals help investors to digest information that contributes to LightPath Technologies' financial success or failures. It also enables traders to predict the movement of LightPath Stock. The fundamental analysis module provides a way to measure LightPath Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LightPath Technologies stock.
LightPath | Price To Earning |
LightPath Technologies Company Price To Earning Analysis
LightPath Technologies' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current LightPath Technologies Price To Earning | 25.96 X |
Most of LightPath Technologies' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LightPath Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
LightPath Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for LightPath Technologies is extremely important. It helps to project a fair market value of LightPath Stock properly, considering its historical fundamentals such as Price To Earning. Since LightPath Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LightPath Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LightPath Technologies' interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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LightPath Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, LightPath Technologies has a Price To Earning of 25.96 times. This is 6.21% lower than that of the Electronic Equipment, Instruments & Components sector and 15.12% higher than that of the Information Technology industry. The price to earning for all United States stocks is 9.61% higher than that of the company.
LightPath Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LightPath Technologies' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LightPath Technologies could also be used in its relative valuation, which is a method of valuing LightPath Technologies by comparing valuation metrics of similar companies.LightPath Technologies is currently under evaluation in price to earning category among its peers.
LightPath Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of LightPath Technologies from analyzing LightPath Technologies' financial statements. These drivers represent accounts that assess LightPath Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LightPath Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 86.4M | 66.8M | 33.2M | 42.7M | 49.7M | 27.2M | |
| Enterprise Value | 88.6M | 74.3M | 42.5M | 50.4M | 56.6M | 59.4M |
LightPath Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.0944 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 68.01 M | ||||
| Shares Outstanding | 39.66 M | ||||
| Shares Owned By Insiders | 2.70 % | ||||
| Shares Owned By Institutions | 45.80 % | ||||
| Number Of Shares Shorted | 67.66 K | ||||
| Price To Earning | 25.96 X | ||||
| Price To Book | 2.02 X | ||||
| Price To Sales | 1.86 X | ||||
| Revenue | 31.73 M | ||||
| Gross Profit | 11.07 M | ||||
| EBITDA | (3.7 M) | ||||
| Net Income | (8.01 M) | ||||
| Cash And Equivalents | 5.51 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 10.36 M | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 2.35 X | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | 521.04 K | ||||
| Short Ratio | 0.99 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 304 | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 59.5 M | ||||
| Total Asset | 48.09 M | ||||
| Retained Earnings | (215.84 M) | ||||
| Working Capital | 7.5 M | ||||
| Current Asset | 18.67 M | ||||
| Current Liabilities | 4.53 M | ||||
| Net Asset | 48.09 M |
About LightPath Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LightPath Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LightPath Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LightPath Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:Check out LightPath Technologies Piotroski F Score and LightPath Technologies Altman Z Score analysis. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 49.113 | Earnings Share (0.21) | Revenue Per Share 0.833 | Quarterly Revenue Growth 0.04 | Return On Assets (0.09) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.