Lumentum Holdings Inc.LITE

Where LITE's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$835.03-92.00 (-9.92%)Previous close
NASDAQTechnology

LITE P/E ratio: current value, 10-year range and year-by-year history

-9.0Below average

LITE's p/e ratio is lower than 65% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
LITE P/E ratio historyLITE P/E ratio from Sep 2023 to Sep 2026: low -25.24, high 745.65, latest -8.98.-86.91136.65360.21583.76807.32Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med -6.81

LITE P/E ratio by year

Yearly range of LITE’s p/e ratio from 2016 to 2026. Over the full period it ranged from -1,160.6 to 836.5, averaging 34.7.

LITE P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
2026-10.6111.7245.7-9.0
2025-14.7172.8745.7112.9
2024-12.0-7.1-4.2-12.0
2023-112.44.2166.7-17.9
202217.131.047.632.9
202114.322.445.020.1
2020-1,160.6-197.657.839.2
2019-995.09.2289.7-991.3
20188.925.157.633.9
2017-116.95.4234.6-30.8
2016379.4691.6836.5726.5

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is LITE P/E ratio High or Low Right Now?

Lumentum Holdings Inc.'s P/E ratio is currently -9.0, which is below average relative to its 10-year historical range. The 10-year median P/E ratio for LITE is approximately 20.9. See all LITE valuation metrics →

Pro — up to 30-year history

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