Viavi Solutions Inc. (VIAV) P/E Ratio History
Historical price-to-earnings valuation from 1994 to 2026
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VIAV Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Viavi Solutions Inc. (VIAV) trades at a price-to-earnings ratio of 340.3x, with a stock price of $51.05 and trailing twelve-month earnings per share of $-0.22.
The current P/E is 75% above its 5-year average of 194.7x. Over the past five years, VIAV's P/E has ranged from a low of 29.5x to a high of 794.8x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, VIAV trades at a 1130% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
The PEG ratio of 74.57 (P/E divided by 225% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, VIAV 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 VIAV 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.
VIAV P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $61B | 72.7 | 9.08Best | +39% | |
| $64B | 2412.9 | - | +105% | |
| $76B | 633.2 | - | +47% | |
| $365B | 36.1Lowest | - | +0% | |
| $3B | 167.4 | - | +158%Best | |
| $4B | 139.2 | - | +118% | |
| $11B | 209.7 | - | -22% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
VIAV Historical P/E Data (1994–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sat Sep 27 2025 00:00:00 GM | $12.21 | $0.07 | 186.1x | +80% |
| FY2025 Q4 | Sat Jun 28 2025 00:00:00 GM | $10.00 | $0.15 | 65.1x | -37% |
| FY2025 Q3 | Sat Mar 29 2025 00:00:00 GM | $11.26 | $0.02 | 538.8x | +422% |
| FY2024 Q2 | Sat Dec 30 2023 00:00:00 GM | $10.07 | $0.02 | 449.6x | +336% |
| FY2024 Q1 | Sat Sep 30 2023 00:00:00 GM | $9.14 | $0.01 | 794.8x | +670% |
| FY2023 Q4 | Fri Jun 30 2023 00:00:00 GM | $11.33 | $0.11 | 105.1x | +2% |
| FY2023 Q3 | Sat Apr 01 2023 00:00:00 GM | $10.83 | $0.18 | 60.3x | -42% |
| FY2023 Q2 | Sat Dec 31 2022 00:00:00 GM | $10.51 | $0.33 | 31.9x | -69% |
| FY2023 Q1 | Sat Oct 01 2022 00:00:00 GM | $13.05 | $0.44 | 29.5x | -71% |
| FY2022 Q4 | $13.23 | $0.06 | 212.0x | +105% | |
| FY2021 Q4 | Wed Jun 30 2021 00:00:00 GM | $17.66 | $0.26 | 67.5x | -35% |
| FY2021 Q3 | Sat Apr 03 2021 00:00:00 GM | $16.02 | $0.39 | 41.1x | -60% |
Average P/E for displayed period: 103.2x
Full VIAV Stock Analysis
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Start ComparisonVIAV — Frequently Asked Questions
Quick answers to the most common questions about buying VIAV stock.
Is VIAV stock overvalued or undervalued?
VIAV trades at 340.3x P/E, above its 5-year average of 194.7x. The 80th percentile ranking indicates a premium to historical valuation.
How does VIAV's valuation compare to peers?
Viavi Solutions Inc. P/E of 340.3x compares to sector median of 27.7x. The premium reflects expected growth above peers.
What is VIAV's PEG ratio?
VIAV PEG ratio is 74.57. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1994-2026.