Start with its own history
At 104.11×, LITE is 42.8% above its 5-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · LITECommunication EquipmentUpdated Nov 5, 2026
Lumentum Holdings Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
104.11×
42.8% abovethe 5-observation annual average
Share price626.75
÷Earnings per share6.02
Price and EPS in quote currency. Calculation details
Investors are paying 104.11 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 72.92×
3-year average249.34×1 positive annual observations
5-year average138.62×2 positive annual observations
10-year average72.92×5 positive annual observations
Peer median · TTM55.76×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 11 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 27, 2026 | N/M | N/M |
| Jun 28, 2025 | 249.34× | N/M |
| Jun 29, 2024 | N/M | N/M |
| Jul 1, 2023 | N/M | N/M |
| Jul 2, 2022 | 27.89× | -6.8% |
| Jul 3, 2021 | 29.92× | -29.7% |
| Jun 27, 2020 | 42.53× | N/M |
| Jun 30, 2019 | N/M | N/M |
View all 11 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 14.92× | N/M |
| Jun 30, 2017 | N/M | N/M |
| Jun 30, 2016 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How LITE compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 LITE This stockLumentum Holdings Inc. | 104.11× |
 IPGPIPG Photonics Corporation | 73.03× |
 AAOIApplied Optoelectronics, Inc. | N/M |
 COHRCoherent, Inc. | 38.48× |
 3308.HKZhongji Innolight Co., Ltd. Class H | N/M |
 300308.SZZhongji Innolight Co., Ltd. | 21.83× |
 300502.SZEoptolink Technology Inc., Ltd. | 13.82× |
 300570.SZT&S Communications Co.,Ltd. | 76.59× |
 300620.SZAdvanced Fiber Resources (Zhuhai), Ltd. | 130.62× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does LITE’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 55.76×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take LITE into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("LITE", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 626.75 ÷ EPS 6.02 = 104.11×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
LITE P/E ratio: common questions
The essentials behind the numbers.
Lumentum Holdings Inc.'s current P/E is 104.11× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.