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Lightwave Logic, Inc. (LWLG)
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Lightwave Logic, Inc. (LWLG) EV/Sales Ratio: 5342.25x

Is Lightwave Logic, Inc.’s EV/Sales ratio high or low?

Lightwave Logic, Inc.'s EV/Sales ratio of 5342.25x is 18% above its 2-year average of 4541.35x, around the middle of its 2-year range (802.84x–12914.56x).

As of Wednesday, June 24, 2026. 6.23% above its 12-month average of 5028.75x.

LWLG EV/Sales Ratio

LWLG EV/Sales Ratio Chart

5342.25x
+239.12% 1Y
LWLG EV/Sales Ratio

LWLG Average EV/Sales Ratio Chart

LWLG EV/Sales Ratio

LWLG Current vs Average EV/Sales Ratio Chart

LWLG EV/Sales Ratio Metrics

EV/SALES RATIO

5342.25x

EV/SALES RATIO AVG TTM

5028.75x

EV/SALES RATIO AVG 3Y

4165.81x

EV/SALES RATIO AVG 5Y

4165.81x

EV/SALES RATIO AVG 10Y

3526.58x

EV/SALES RATIO AVG 15Y

5853.09x

EV/SALES RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+6.23%

CURRENT VS 3Y AVG

+28.24%

CURRENT VS 5Y AVG

+28.24%

CURRENT VS 10Y AVG

+51.49%

CURRENT VS 15Y AVG

-8.73%

CURRENT VS 20Y AVG

N/A

LWLG Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Lightwave Logic, Inc. (LWLG)$1.43B5342.25x5028.75x4165.81x4165.81x
POET Technologies Inc. (POET)vs ›$1.41B1107.39x1083.38x1148.39x1030.69x
C3.ai, Inc. (AI)vs ›$1.32B5.18x5.28x8.78x9.96x
Red Cat Holdings, Inc. (RCAT)vs ›$1.01B19.07x73.67x38.40x28.20x
ZoomInfo Technologies Inc. (GTM)vs ›$834.05M1.83x3.40x4.52x10.37x
BTQ Technologies Corp. Common Stock (BTQ)vs ›$778.19MN/AN/AN/AN/A
Oddity Tech Ltd. (ODD)vs ›$733.55M1.43x3.23x4.02x4.02x
LightPath Technologies, Inc. (LPTH)vs ›$607.07M12.02x8.90x4.52x3.32x
One Stop Systems, Inc. (OSS)vs ›$421.57M14.17x4.47x2.07x1.75x
Nano Dimension Ltd. (NNDM)vs ›$286.62M0.11x1.67x3.59x18.62x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Lightwave Logic, Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Lightwave Logic, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Lightwave Logic, Inc. (LWLG)?
The EV/Sales ratio for LWLG stock is 5342.25x.
Is Lightwave Logic, Inc.'s EV/Sales ratio high or low?
Lightwave Logic, Inc.'s EV/Sales ratio of 5342.25x is 18% above its 2-year average of 4541.35x, around the middle of its 2-year range (802.84x–12914.56x).
What is the TTM average EV/Sales ratio for Lightwave Logic, Inc. (LWLG)?
The TTM average EV/Sales ratio for LWLG stock is 5028.75x.
What is the 3Y average EV/Sales ratio for Lightwave Logic, Inc. (LWLG)?
The 3Y average EV/Sales ratio for LWLG stock is 4165.81x.
What is the 5Y average EV/Sales ratio for Lightwave Logic, Inc. (LWLG)?
The 5Y average EV/Sales ratio for LWLG stock is 4165.81x.
What is the 10Y average EV/Sales ratio for Lightwave Logic, Inc. (LWLG)?
The 10Y average EV/Sales ratio for LWLG stock is 3526.58x.
What is the 15Y average EV/Sales ratio for Lightwave Logic, Inc. (LWLG)?
The 15Y average EV/Sales ratio for LWLG stock is 5853.09x.

Lightwave Logic, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-235342.25x
2026-06-225811.29x
2026-06-185659.00x
2026-06-175354.43x
2026-06-165421.44x
2026-06-155841.75x
2026-06-125543.27x
2026-06-115817.38x
2026-06-105323.97x
2026-06-095433.62x
2026-06-085975.76x
2026-06-055878.30x
2026-06-047120.95x
2026-06-037187.96x
2026-06-027449.89x
2026-06-016414.34x
2026-05-296316.88x
2026-05-286682.37x
2026-05-276767.65x
2026-05-266993.03x
2026-05-227529.08x
2026-05-217724.01x
2026-05-206822.47x
2026-05-196761.56x
2026-05-186761.56x
2026-05-158016.39x
2026-05-148334.05x
2026-05-1310232.35x
2026-05-128911.04x
2026-05-119447.64x
2026-05-089199.53x
2026-05-078276.35x
2026-05-068611.00x
2026-05-059366.86x
2026-05-048830.26x
2026-05-019107.21x
2026-04-307635.89x
2026-04-296504.99x
2026-04-286389.59x
2026-04-276903.11x
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2026-04-228466.76x
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Showing the most recent 260 of 1,705 data points. The chart above shows the full history.

About Lightwave Logic, Inc.

Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Englewood, CO
33 employees
Technology / Chemicals - Specialty
Sector
Technology
Industry
Chemicals - Specialty
CEO
Yves LeMaitre