Lightwave Logic, Inc.
LWLG

$348.15 M
Marketcap
$2.85
Share price
Country
$0.08
Change (1 day)
$5.69
Year High
$2.44
Year Low

Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in designing and synthesizing organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, Web 2.0 media, computing companies, aerospace companies, and government agencies. 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.

marketcap

P/B ratio for Lightwave Logic, Inc. (LWLG)

P/B ratio as of 2023: 15.78

According to Lightwave Logic, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 15.78. At the end of 2022 the company had a P/B ratio of 17.49.

P/B ratio history for Lightwave Logic, Inc. from 2005 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 15.78
2022 17.49
2021 62.12
2020 14.79
2019 11.88
2018 11.05
2017 16.11
2016 13.42
2015 7.11
2014 10.56
2013 11.91
2012 11.86
2011 96.25
2010 44.26
2009 75.49
2008 97.52
2007 41.27
2006 19.40
2005 48.96