P/E ratio for LightPath Technologies (LPTH)
P/E ratio as of April 2024 (TTM): -11.2
According to LightPath Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.1546. At the end of 2022 the company had a P/E ratio of -8.13.
P/E ratio history for LightPath Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.13 | -40% |
| 2021 | -13.6 | -118.58% |
| 2020 | 72.9 | -1099.3% |
| 2019 | -7.30 | -100.31% |
| 2018 | > 1000 | 31196.47% |
| 2017 | 7.55 | -26.51% |
| 2016 | 10.3 | |
| 2014 | -30.3 | -55.39% |
| 2013 | -68.0 | -25.27% |
| 2012 | -91.0 | 750.47% |
| 2011 | -10.7 | -29.06% |
| 2010 | -15.1 | 105.28% |
| 2009 | -7.35 | 777.92% |
| 2008 | -0.8370 | -57.3% |
| 2007 | -1.96 | -73.01% |
| 2006 | -7.26 | 187.08% |
| 2005 | -2.53 | -15.69% |
| 2004 | -3.00 | 242.4% |
| 2003 | -0.8762 | 422.96% |
| 2002 | -0.1675 | -84.57% |
| 2001 | -1.09 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IPG Photonics IPGP | 46.7 | -518.22% | 🇺🇸 USA |
 II-VI Incorporated
IIVI | 16.8 | -250.43% | 🇺🇸 USA |
 Coherent
COHR | -17.9 | 60.18% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.