Lightpath Technologies price to book ratio LPTH
Market value divided by the book value of the company's net assets, since 2011.
- Today, Oct 23, 2026
- 3.4×
- 10-year median
- 1.8×
- Against its 10-year history
- 83rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 0.5× to 26.6×
- Peer median
- 2.5×
Lightpath Technologies' price to book ratio is 3.4× as of Oct 23, 2026.
That is above its ten-year median of 1.8×, higher than on 83% of days in the last ten years.
Over that time it ranged from 0.5× in Nov 2019 to 26.6× in Jan 2026.
The median for 10 semiconductor stocks of a similar size is 2.5×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 3.4× | 3.4× | 26.6× |
| 2025 | 19.1× | 2.6× | 24.8× |
| 2024 | 4.7× | 1.3× | 4.7× |
| 2023 | 1.4× | 1.2× | 2.4× |
| 2022 | 1.2× | 0.9× | 2.1× |
| 2021 | 2.0× | 1.4× | 3.5× |
| 2020 | 2.9× | 0.5× | 3.3× |
| 2019 | 0.6× | 0.5× | 1.4× |
| 2018 | 1.1× | 1.0× | 2.0× |
| 2017 | 1.8× | 1.7× | 3.3× |
| 2016 | 2.1× | 1.8× | 5.5× |
| 2015 | 4.8× | 1.8× | 4.8× |
| 2014 | 2.2× | 2.2× | 3.3× |
| 2013 | 2.7× | 1.8× | 4.2× |
| 2012 | 2.5× | 2.1× | 4.6× |
| 2011 | 2.6× | 2.4× | 3.4× |
Against its peers
Companies in Semiconductors nearest Lightpath Technologies' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| LPTHLightpath Technologies | 3.4× |
| KOPNKopin | 9.1× |
| NVECNVE | 6.1× |
| ERIIEnergy Recovery | 2.0× |
| ASYSAmtech Systems | 1.9× |
| SHLSShoals Technologies | 2.1× |
| CRCTCricut | 3.6× |
| PLABPhotronics | 1.3× |
| VECOVeeco Instruments | 2.8× |
| POWIPower Integrations | 3.9× |
| IPGPIPG Photonics | 1.4× |
| Peer median | 2.5× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Lightpath Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.