Lumentum Holdings Inc.

Lumentum Holdings Inc.verified

LITE

Price:

$51.83

Market Cap:

$3.50B

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mo...[Read more]

Industry

Communication Equipment

IPO Date

2015-07-23

Stock Exchange

NASDAQ

Ticker

LITE

The PE Ratio as of July 2024 (TTM) for Lumentum Holdings Inc. (LITE) is -9.85

According to Lumentum Holdings Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -9.85. This represents a change of -7.00% compared to the average of -10.59 of the last 4 quarters.

Lumentum Holdings Inc. (LITE) Historical PE Ratio (quarterly & annually)

How has LITE PE Ratio performed in the past?

The mean historical PE Ratio of Lumentum Holdings Inc. over the last ten years is -10.68. The current -9.85 PE Ratio has changed 9.12% with respect to the historical average. Over the past ten years (40 quarters), LITE's PE Ratio was at its highest in in the March 2018 quarter at 368.62. The PE Ratio was at its lowest in in the October 2022 quarter at -2918.51.

Quarterly (TTM)
Annual

Average

-10.68

Median

15.19

Minimum

-283.33

Maximum

150.29

Lumentum Holdings Inc. (LITE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Lumentum Holdings Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 75.85%

Maximum Annual PE Ratio = 150.29

Minimum Annual Increase = -813.51%

Minimum Annual PE Ratio = -283.33

Quarterly (TTM)
Annual
YearPE RatioChange
2023-29.44-205.69%
202227.8675.85%
202115.84-62.85%
202042.64-141.11%
2019-103.74-813.51%
201814.54-143.20%
2017-33.66-122.39%
2016150.29-153.04%
2015-283.33-407.47%
201492.15-39.25%

Lumentum Holdings Inc. (LITE) Average PE Ratio

How has LITE PE Ratio performed in the past?

The current PE Ratio of Lumentum Holdings Inc. (LITE) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

4.75

5-year avg

-9.37

10-year avg

-10.68

Lumentum Holdings Inc. (LITE) PE Ratio vs. Peers

How is LITE’s PE Ratio compared to its peers?

Lumentum Holdings Inc.’s PE Ratio is less than NETGEAR, Inc. (-4.14), less than KVH Industries, Inc. (-4.88), greater than TESSCO Technologies Incorporated (-15.91), less than Telesat Corporation (1.17), less than Juniper Networks, Inc. (51.82), greater than Infinera Corporation (-17.82), greater than Extreme Networks, Inc. (-284.36), greater than Clearfield, Inc. (-186.49), less than Ciena Corporation (47.31), less than ADTRAN Holdings, Inc. (-0.94), less than Gilat Satellite Networks Ltd. (11.71), less than Hewlett Packard Enterprise Company (0), less than Motorola Solutions, Inc. (14.34), less than null (47.04),

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