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LightPath Technologies (LightPath Technologies) Cyclically Adjusted Revenue per Share : $1.40 (As of Mar. 2024)


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What is LightPath Technologies Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

LightPath Technologies's adjusted revenue per share for the three months ended in Mar. 2024 was $0.203. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $1.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LightPath Technologies's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of LightPath Technologies was 8.30% per year. The lowest was -18.20% per year. And the median was -8.30% per year.

As of today (2024-05-31), LightPath Technologies's current stock price is $1.27. LightPath Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.40. LightPath Technologies's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LightPath Technologies was 3.97. The lowest was 0.49. And the median was 1.20.


LightPath Technologies Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LightPath Technologies's Cyclically Adjusted Revenue per Share 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.

* Premium members only.

LightPath Technologies Cyclically Adjusted Revenue per Share Chart

LightPath Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.18 1.26 1.36 1.39

LightPath Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 1.38 1.39 1.40 1.39 1.40

Competitive Comparison of LightPath Technologies's Cyclically Adjusted Revenue per Share

For the Electronic Components subindustry, LightPath Technologies's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LightPath Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where LightPath Technologies's Cyclically Adjusted PS Ratio falls into.



LightPath Technologies Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, LightPath Technologies's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.203/131.7762*131.7762
=0.203

Current CPI (Mar. 2024) = 131.7762.

LightPath Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.218 100.560 0.286
201409 0.182 100.428 0.239
201412 0.217 99.070 0.289
201503 0.204 99.621 0.270
201506 0.296 100.684 0.387
201509 0.253 100.392 0.332
201512 0.278 99.792 0.367
201603 0.236 100.470 0.310
201606 0.279 101.688 0.362
201609 0.291 101.861 0.376
201612 0.328 101.863 0.424
201703 0.331 102.862 0.424
201706 0.343 103.349 0.437
201709 0.289 104.136 0.366
201712 0.316 104.011 0.400
201803 0.312 105.290 0.390
201806 0.295 106.317 0.366
201809 0.332 106.507 0.411
201812 0.312 105.998 0.388
201903 0.306 107.251 0.376
201906 0.339 108.070 0.413
201909 0.292 108.329 0.355
201912 0.351 108.420 0.427
202003 0.316 108.902 0.382
202006 0.327 108.767 0.396
202009 0.334 109.815 0.401
202012 0.380 109.897 0.456
202103 0.406 111.754 0.479
202106 0.311 114.631 0.358
202109 0.337 115.734 0.384
202112 0.342 117.630 0.383
202203 0.307 121.301 0.334
202206 0.329 125.017 0.347
202209 0.272 125.227 0.286
202212 0.312 125.222 0.328
202303 0.211 127.348 0.218
202306 0.260 128.729 0.266
202309 0.216 129.860 0.219
202312 0.195 129.419 0.199
202403 0.203 131.776 0.203

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


LightPath Technologies  (NAS:LPTH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

LightPath Technologies's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.27/1.4
=0.91

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LightPath Technologies was 3.97. The lowest was 0.49. And the median was 1.20.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


LightPath Technologies Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of LightPath Technologies's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


LightPath Technologies (LightPath Technologies) Business Description

Industry
Traded in Other Exchanges
Address
2603 Challenger Tech Court, Suite 100, Orlando, FL, USA, 32826
LightPath Technologies Inc is a manufacturer, distributor, and integrator of proprietary optical components and assemblies. It is also engaged in the research and development for optical solutions for the traditional optics markets and communications markets. The company's business based on the following product groups: precision molded optics, specialty products, and infrared products. It currently serves the following major markets, distribution and catalog, laser, industrial, instrumentation, telecommunications, and defense.
Executives
Albert Miranda officer: Chief Financial Officer 1102 DUNCAN CR., UNIT 203, PALM BEACH GARDENS FL 33418
Shmuel Rubin director, officer: Chief Executive Officer 12619 OXON ROAD, HERNDON VA 20171-1707
Louis Leeburg director LIGHTPATH TECHNOLOGIES INC, 6820 ACEDEMY PKWY EAST NE, ALBUQUERQUE NM 87109
Darcie Peck director 2603 CHALLENGER TECH COURT, SUITE 100, ORLANDO FL 32826
Steven E Creviston director
Retreage Donald O'connor Jr officer: CFO 2603 CHALLENGER TECH CT., SUITE 100, ORLANDO FL 32826
Brueck Steven R J director 2603 CHALLENGER TECH CT., SUITE 100, ., ORLANDO FL 32826
Robert Ripp director 920 ORCHID POINT WAY, VERO BEACH FL 32963
Gaynor Joseph J Jr officer: VICE PRESIDENT
Joseph Menaker director 2603 CHALLENGER TECH CT., SUITE 100, ORLANDO FL 32826
Alan Symmons officer: VP Engineering 2603 CHALLENGER TECH CT, SUITE 100, ORLANDO FL 32826
Dorothy M Cipolla officer: CFO & Secretary 6848 STAPOINT CT, WINTER PARK FL 32792
Sohail A Khan director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Craig T Dunham director DYNASIL CORPORATION, 385 COOPER ROAD, WEST BERLIN NJ 08091
Xudong Zhu director, 10 percent owner 13 BUILDING, NO. 439, CHUNXIAO RD., ZHANGJIANG HIGH-TECH PARK, PUDONG, SHANGHAI F4 201203