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Lightwave Logic, Inc. (LWLG)
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Lightwave Logic, Inc. (LWLG) PB Ratio: 16.86

Is Lightwave Logic, Inc.’s P/B ratio high or low?

Lightwave Logic, Inc.'s P/B ratio of 16.86 is 37% below its 5-year average of 26.80, near the low end of its 5-year range (3.04–156.58).

9.24% above its 12-month average of 15.43.

LWLG PB Ratio

LWLG PB Ratio Chart

16.86
+229.94% 1Y
LWLG PB Ratio

LWLG Average PB Ratio Chart

LWLG PB Ratio

LWLG Current vs Average PB Ratio Chart

LWLG PB Ratio Metrics

PB RATIO

16.86

PB RATIO AVG TTM

15.43

PB RATIO AVG 3Y

12.23

PB RATIO AVG 5Y

19.72

PB RATIO AVG 10Y

17.51

PB RATIO AVG 15Y

15.92

PB RATIO AVG 20Y

27.40

CURRENT VS TTM AVG

+9.24%

CURRENT VS 3Y AVG

+37.89%

CURRENT VS 5Y AVG

-14.50%

CURRENT VS 10Y AVG

-3.73%

CURRENT VS 15Y AVG

+5.89%

CURRENT VS 20Y AVG

-38.46%

LWLG Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Lightwave Logic, Inc. (LWLG)$1.43B16.8615.4312.2319.72
POET Technologies Inc. (POET)vs ›$1.42B3.538.6910.5010.68
C3.ai, Inc. (AI)vs ›$1.37B2.172.583.403.15
ZoomInfo Technologies Inc. (GTM)vs ›$798.69M0.581.782.295.16
Oddity Tech Ltd. (ODD)vs ›$722.15M2.396.7310.0710.07
LightPath Technologies, Inc. (LPTH)vs ›$607.07M7.0713.265.984.18
One Stop Systems, Inc. (OSS)vs ›$421.57M9.275.983.022.55
Nano Labs Ltd (NA)vs ›$117.16M0.381.3116.8934.87
AXT, Inc. (AXTI)vs ›$3.19B15.116.282.462.02
Ichor Holdings, Ltd. (ICHR)vs ›$3.21B4.781.801.621.77

P/B vs. its own history

At 16.86, P/B is in its normal range, sitting higher than 49% of its 19-year history.

19-year low

3.04

median

17.49

19-year high

226.02

cheaperricher

Book Value Analysis

P/B Ratio

16.86

Market Price / Book Value per Share

Lightwave Logic, Inc. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Lightwave Logic, Inc. PB Ratio FAQ

What is the P/B ratio for Lightwave Logic, Inc. (LWLG)?
The P/B ratio for LWLG stock is 16.86.
Is Lightwave Logic, Inc.'s P/B ratio high or low?
Lightwave Logic, Inc.'s P/B ratio of 16.86 is 37% below its 5-year average of 26.80, near the low end of its 5-year range (3.04–156.58).
What is the TTM average P/B ratio for Lightwave Logic, Inc. (LWLG)?
The TTM average P/B ratio for LWLG stock is 15.43.
What is the 3Y average P/B ratio for Lightwave Logic, Inc. (LWLG)?
The 3Y average P/B ratio for LWLG stock is 12.23.
What is the 5Y average P/B ratio for Lightwave Logic, Inc. (LWLG)?
The 5Y average P/B ratio for LWLG stock is 19.72.
What is the 10Y average P/B ratio for Lightwave Logic, Inc. (LWLG)?
The 10Y average P/B ratio for LWLG stock is 17.51.
What is the 15Y average P/B ratio for Lightwave Logic, Inc. (LWLG)?
The 15Y average P/B ratio for LWLG stock is 15.92.
What is the 20Y average P/B ratio for Lightwave Logic, Inc. (LWLG)?
The 20Y average P/B ratio for LWLG stock is 27.40.

Lightwave Logic, Inc. PB Ratio History

DATEPB RATIO
2026-06-2316.86
2026-06-2218.27
2026-06-1817.81
2026-06-1716.90
2026-06-1617.10
2026-06-1518.36
2026-06-1217.47
2026-06-1118.28
2026-06-1016.81
2026-06-0917.14
2026-06-0818.76
2026-06-0518.47
2026-06-0422.18
2026-06-0322.38
2026-06-0223.17
2026-06-0120.07
2026-05-2919.78
2026-05-2820.87
2026-05-2721.13
2026-05-2621.80
2026-05-2223.40
2026-05-2123.99
2026-05-2021.29
2026-05-1921.11
2026-05-1821.11
2026-05-1524.86
2026-05-1427.33
2026-05-1333.36
2026-05-1229.16
2026-05-1130.87
2026-05-0830.08
2026-05-0727.15
2026-05-0628.21
2026-05-0530.61
2026-05-0428.91
2026-05-0129.79
2026-04-3025.12
2026-04-2921.53
2026-04-2821.16
2026-04-2722.79
2026-04-2423.20
2026-04-2324.90
2026-04-2227.76
2026-04-2123.64
2026-04-2025.96
2026-04-1722.96
2026-04-1622.65
2026-04-1522.13
2026-04-1422.37
2026-04-1320.85
2026-04-1019.41
2026-04-0915.45
2026-04-0815.36
2026-04-0715.03
2026-04-0614.41
2026-04-0214.02
2026-04-0112.52
2026-03-3112.87
2026-03-3012.07
2026-03-2713.26
2026-03-2614.35
2026-03-2515.73
2026-03-2413.46
2026-03-2313.55
2026-03-2012.39
2026-03-1922.16
2026-03-1820.99
2026-03-1723.17
2026-03-1623.98
2026-03-1323.95
2026-03-1222.28
2026-03-1115.80
2026-03-1013.72
2026-03-0913.57
2026-03-0613.22
2026-03-0513.82
2026-03-0417.63
2026-03-0316.52
2026-03-0215.89
2026-02-2713.88
2026-02-2614.10
2026-02-2513.85
2026-02-2412.62
2026-02-2311.11
2026-02-2010.89
2026-02-1910.83
2026-02-1810.86
2026-02-1710.89
2026-02-1310.98
2026-02-1210.48
2026-02-1111.17
2026-02-1011.24
2026-02-0910.54
2026-02-0610.36
2026-02-059.47
2026-02-0410.26
2026-02-0311.58
2026-02-0210.36
2026-01-3010.39
2026-01-2911.14
2026-01-2811.33
2026-01-2711.30
2026-01-2610.76
2026-01-2312.31
2026-01-2212.68
2026-01-2113.72
2026-01-2014.04
2026-01-1614.45
2026-01-1514.45
2026-01-1414.23
2026-01-1314.51
2026-01-1213.66
2026-01-0913.06
2026-01-0813.35
2026-01-0712.18
2026-01-0612.21
2026-01-0511.99
2026-01-0211.52
2025-12-3110.20
2025-12-309.82
2025-12-299.98
2025-12-2610.39
2025-12-2410.73
2025-12-2310.07
2025-12-2210.23
2025-12-199.41
2025-12-189.41
2025-12-179.35
2025-12-169.44
2025-12-1511.87
2025-12-1213.06
2025-12-1113.69
2025-12-1013.25
2025-12-0912.97
2025-12-0812.72
2025-12-0512.68
2025-12-0413.25
2025-12-0312.68
2025-12-0212.59
2025-12-0112.62
2025-11-2813.66
2025-11-2613.63
2025-11-2514.13
2025-11-2413.72
2025-11-2112.94
2025-11-2013.03
2025-11-1914.26
2025-11-1814.10
2025-11-1714.67
2025-11-1415.23
2025-11-1320.85
2025-11-1223.42
2025-11-1123.37
2025-11-1025.33
2025-11-0722.72
2025-11-0621.94
2025-11-0523.72
2025-11-0423.07
2025-11-0321.16
2025-10-3120.46
2025-10-3019.90
2025-10-2920.55
2025-10-2821.11
2025-10-2721.24
2025-10-2420.94
2025-10-2320.38
2025-10-2218.99
2025-10-2121.07
2025-10-2022.16
2025-10-1720.77
2025-10-1622.50
2025-10-1523.46
2025-10-1424.50
2025-10-1323.63
2025-10-1022.55
2025-10-0925.85
2025-10-0822.37
2025-10-0720.16
2025-10-0621.46
2025-10-0320.42
2025-10-0218.81
2025-10-0116.99
2025-09-3016.12
2025-09-2916.16
2025-09-2615.55
2025-09-2517.07
2025-09-2418.20
2025-09-2320.38
2025-09-2219.77
2025-09-1918.20
2025-09-1816.03
2025-09-1713.08
2025-09-1613.69
2025-09-1513.64
2025-09-1213.99
2025-09-1113.34
2025-09-1013.21
2025-09-0913.42
2025-09-0813.38
2025-09-0514.21
2025-09-0413.12
2025-09-0313.60
2025-09-0215.47
2025-08-2914.60
2025-08-2816.12
2025-08-2715.64
2025-08-2613.95
2025-08-2510.90
2025-08-2210.38
2025-08-219.60
2025-08-208.99
2025-08-198.91
2025-08-189.56
2025-08-159.34
2025-08-149.04
2025-08-138.48
2025-08-128.72
2025-08-118.52
2025-08-088.13
2025-08-078.05
2025-08-068.01
2025-08-058.05
2025-08-048.17
2025-08-018.17
2025-07-319.15
2025-07-309.11
2025-07-299.43
2025-07-2810.33
2025-07-2510.37
2025-07-2410.53
2025-07-239.74
2025-07-229.82
2025-07-218.09
2025-07-187.03
2025-07-177.27
2025-07-167.15
2025-07-155.62
2025-07-145.77
2025-07-115.38
2025-07-104.91
2025-07-095.03
2025-07-084.87
2025-07-074.91
2025-07-035.26
2025-07-024.95
2025-07-014.83
2025-06-304.87
2025-06-274.75
2025-06-265.15
2025-06-255.11
2025-06-244.95
2025-06-235.11
2025-06-204.79
2025-06-185.03
2025-06-174.79
2025-06-164.99
2025-06-134.79
2025-06-125.26
2025-06-114.87
2025-06-105.11

Showing the most recent 260 of 4,679 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