Start with its own history
At 24.59×, LYTS is 14.4% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · LYTSElectrical Equipment & PartsUpdated Nov 5, 2026
LSI Industries Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
24.59×
14.4% belowthe 8-observation annual average
Share price21.39
÷Earnings per share0.87
Price and EPS in quote currency. Calculation details
Investors are paying 24.59 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 28.72×
3-year average25.20×3 positive annual observations
5-year average20.10×5 positive annual observations
10-year average28.72×8 positive annual observations
Peer median · TTM21.49×3 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 38.52× | +85.7% |
| Jun 30, 2025 | 20.74× | +26.9% |
| Jun 30, 2024 | 16.35× | +19.8% |
| Jun 30, 2023 | 13.65× | +21.7% |
| Jun 30, 2022 | 11.22× | -69.2% |
| Jun 30, 2021 | 36.41× | +108.2% |
| Jun 30, 2020 | 17.49× | N/M |
| Jun 30, 2019 | N/M | N/M |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | N/M | N/M |
| Jun 30, 2017 | 75.42× | +158.9% |
| Jun 30, 2016 | 29.13× | -34.5% |
| Jun 30, 2015 | 44.48× | -77.7% |
| Jun 30, 2014 | 199.50× | N/M |
| Jun 30, 2013 | N/M | N/M |
| Jun 30, 2012 | 54.77× | +210.4% |
| Jun 30, 2011 | 17.64× | -78.3% |
| Jun 30, 2010 | 81.33× | N/M |
| Jun 30, 2009 | N/M | N/M |
| Jun 30, 2008 | N/M | N/M |
| Jun 30, 2007 | 18.65× | -21.0% |
| Jun 30, 2006 | 23.60× | +25.3% |
| Jun 30, 2005 | 18.84× | -27.9% |
| Jun 30, 2004 | 26.14× | N/M |
| Jun 30, 2003 | N/M | N/M |
| Jun 30, 2002 | 20.54× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How LYTS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 LYTS This stockLSI Industries Inc. | 24.59× |
 AYIAcuity Brands, Inc. | 19.27× |
 POWLPowell Industries, Inc. | 27.26× |
 HAYWHayward Holdings, Inc. | 21.49× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does LYTS’s P/E tell you?
Compare like with like
The median of the 3 positive peer ratios above is 21.49×. 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 LYTS 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("LYTS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 21.39 ÷ EPS 0.87 = 24.59×. 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.
LYTS P/E ratio: common questions
The essentials behind the numbers.
LSI Industries Inc.'s current P/E is 24.59× 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.