Lumentum Holdings Inc. (LITE) P/E Ratio History
Historical price-to-earnings valuation from 2016 to 2026
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LITE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Lumentum Holdings Inc. (LITE) trades at a price-to-earnings ratio of 2688.0x, with a stock price of $994.56 and trailing twelve-month earnings per share of $2.87.
The current P/E is 3516% above its 5-year average of 74.3x. Over the past five years, LITE's P/E has ranged from a low of 14.2x to a high of 412.0x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 26.7x, LITE trades at a 9955% premium to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 197.6x.
Relative to the broader market, LITE commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our LITE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
LITE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $4B | 124.4 | - | +118% | |
| $12B | 359.8 | 78.83 | +225%Best | |
| $77B | 640.9 | - | +47% | |
| $3B | 38.5 | 1.09Best | -10% | |
| $5B | 19.4Lowest | 1.53 | +9% | |
| $373B | 37.0 | - | +0% | |
| $4.2T | 38.1 | 2.13 | +23% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
LITE Historical P/E Data (2016–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | Sat Dec 27 2025 00:00:00 GM | $390.77 | $3.26 | 119.7x | +6% |
| FY2026 Q1 | Sat Sep 27 2025 00:00:00 GM | $160.75 | $1.49 | 107.6x | -5% |
| FY2025 Q4 | Sat Jun 28 2025 00:00:00 GM | $94.75 | $0.23 | 412.0x | +265% |
| FY2023 Q2 | Sat Dec 31 2022 00:00:00 GM | $52.17 | $0.37 | 139.5x | +23% |
| FY2023 Q1 | Sat Oct 01 2022 00:00:00 GM | $68.57 | $1.58 | 43.3x | -62% |
| FY2022 Q4 | $79.42 | $2.67 | 29.7x | -74% | |
| FY2022 Q3 | Sat Apr 02 2022 00:00:00 GM | $95.50 | $2.46 | 38.8x | -66% |
| FY2022 Q2 | Sat Jan 01 2022 00:00:00 GM | $105.77 | $4.96 | 21.3x | -81% |
| FY2022 Q1 | Sat Oct 02 2021 00:00:00 GM | $85.37 | $5.27 | 16.2x | -86% |
| FY2021 Q4 | Wed Jun 30 2021 00:00:00 GM | $82.03 | $5.05 | 16.2x | -86% |
| FY2021 Q3 | Sat Apr 03 2021 00:00:00 GM | $92.57 | $4.71 | 19.7x | -83% |
| FY2021 Q2 | Sat Dec 26 2020 00:00:00 GM | $98.30 | $2.42 | 40.6x | -64% |
Average P/E for displayed period: 112.9x
Full LITE Stock Analysis
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Start ComparisonLITE — Frequently Asked Questions
Quick answers to the most common questions about buying LITE stock.
Is LITE stock overvalued or undervalued?
LITE trades at 2688.0x P/E, above its 5-year average of 74.3x. The 100th percentile ranking indicates a premium to historical valuation.
How does LITE's valuation compare to peers?
Lumentum Holdings Inc. P/E of 2688.0x compares to sector median of 26.7x. The premium reflects expected growth above peers.
What is LITE's PEG ratio?
LITE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2016-2026.