LITE - Lumentum Holdings Inc Stock Price, Fair Value and News

41.99USD-0.07 (-0.17%)Market Closed

Market Summary

USD41.99-0.07

Market Closed

-0.17%

LITE Stock Price

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LITE RSI Chart

LITE Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

-10.62

Price/Sales (Trailing)

1.97

EV/EBITDA

18.86

Price/Free Cashflow

-30.04

LITE Price/Sales (Trailing)

LITE Profitability

Operating Margin

52.94%

EBT Margin

9.63%

Return on Equity

-20.86%

Return on Assets

-5.72%

Free Cashflow Yield

-3.33%

LITE Fundamentals

LITE Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-27.51%

Rev. Growth (Qtr)

15.49%

LITE Earnings

Earnings (TTM)

-266.5M

Earnings Growth (Yr)

-212.62%

Earnings Growth (Qtr)

-45.95%

Breaking Down LITE Revenue

Last 7 days

-1.1%

Last 30 days

-13.3%

Last 90 days

-24.0%

Trailing 12 Months

-12.3%

How does LITE drawdown profile look like?

LITE Financial Health

Current Ratio

3.13

Debt/Equity

1.96

Debt/Cashflow

0.02

LITE Investor Care

Buy Backs (1Y)

1.61%

Diluted EPS (TTM)

-3.95

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	1.8B	1.8B	1.6B	1.4B
2022	1.7B	1.7B	1.8B	1.8B
2021	1.7B	1.7B	1.7B	1.7B
2020	1.7B	1.7B	1.7B	1.7B
2019	1.5B	1.6B	1.7B	1.7B
2018	1.2B	1.2B	1.4B	1.3B
2017	1.0B	1.0B	986.7M	1.1B
2016	870.2M	903.0M	948.5M	995.2M
2015	829.2M	837.1M	830.7M	838.5M
2014	805.9M	817.9M	825.2M	832.1M
2013	0	769.9M	781.9M	793.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Lumentum Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 15, 2024	retort vincent	sold (taxes)	-76,490	49.19	-1,555	president, industrial tech.
Feb 15, 2024	ali wajid	sold (taxes)	-88,935	49.19	-1,808	evp & chief financial officer
Feb 15, 2024	sepe matthew joseph	sold (taxes)	-33,941	49.19	-690	chief accounting officer
Feb 15, 2024	lowe alan s	sold (taxes)	-238,129	49.19	-4,841	chief executive officer
Feb 15, 2024	sepe matthew joseph	sold	-487,558	49.2334	-9,903	chief accounting officer
Feb 15, 2024	wupen yuen	sold (taxes)	-10,280	49.19	-209	president, cloud & networking
Feb 15, 2024	hamel judy g	sold (taxes)	-52,387	49.19	-1,065	svp, gc and secretary
Nov 20, 2023	johnson julia suzanne	sold	-51,369	44.17	-1,163	-
Nov 17, 2023	johnson julia suzanne	acquired	-	-	5,416	-
Nov 17, 2023	herscher penny	acquired	-	-	5,416	-

Which funds bought or sold LITE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	ABSOLUTE INVESTMENT ADVISERS, LLC	unchanged	-	-74,780,000	8,471,110,000	1.35%
Apr 24, 2024	CENTRAL TRUST Co	added	714	46,640	53,979	-%
Apr 24, 2024	IMA Wealth, Inc.	reduced	-0.58	-109,163	961,726	0.46%
Apr 24, 2024	DekaBank Deutsche Girozentrale	sold off	-100	-634,000	-	-%
Apr 24, 2024	Spire Wealth Management	unchanged	-	-341	2,510	-%
Apr 24, 2024	Newbridge Financial Services Group, Inc.	sold off	-100	-1,625	-	-%
Apr 23, 2024	Sweet Financial Partners, LLC	unchanged	-	-34,222	319,613	0.07%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	sold off	-100	-199,196	-	-%
Apr 23, 2024	REGIONS FINANCIAL CORP	added	5.19	-59,838	1,139,950	0.01%
Apr 23, 2024	Louisiana State Employees Retirement System	added	3.19	-66,906	918,590	0.02%

Are Funds Buying or Selling LITE?

Are funds buying LITE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LITE

No. of Funds

Unveiling Lumentum Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	2.3%	1,512,631	SC 13G/A
Feb 13, 2024	vanguard group inc	10.74%	7,196,087	SC 13G/A
Feb 12, 2024	invesco ltd.	6.7%	4,463,790	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.3%	6,234,351	SC 13G/A
Sep 11, 2023	vanguard group inc	10.42%	6,948,850	SC 13G/A
Aug 10, 2023	wellington management group llp	2.27%	1,557,751	SC 13G/A
Jun 12, 2023	fmr llc	-	0	SC 13G
Feb 14, 2023	alliancebernstein l.p.	7.1%	4,849,016	SC 13G/A
Feb 09, 2023	vanguard group inc	9.30%	6,345,834	SC 13G/A

Recent SEC filings of Lumentum Holdings Inc

View All Filings

Date Filed	Form Type	Document
Feb 27, 2024	8-K	Current Report
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 15, 2024	144	Notice of Insider Sale Intent
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Lumentum Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	194.9B	57.2B	-2.89%	3.39%	14.5	3.41	7.66%	18.93%
ANET	82.8B	5.9B	-11.08%	69.80%	39.66	14.13	33.75%	54.34%
HPQ	27.6B	53.1B	-6.24%	-2.90%	8.07	0.52	-11.04%	34.01%
HPE	22.1B	29.1B	-4.01%	20.51%	10.9	0.76	2.24%	133.29%
LOGI	12.4B	4.2B	-13.29%	39.81%	25.51	2.92	-11.68%	12.69%
JNPR	11.2B	5.6B	-5.67%	16.31%	36.26	2.02	4.97%	-34.14%
MID-CAP
UI	6.5B	1.9B	-3.00%	-53.18%	17.52	3.47	4.69%	6.86%
BDC	3.4B	2.5B	-9.66%	7.09%	14.01	1.35	-3.62%	-4.73%
LITE	2.8B	1.4B	-13.26%	-12.34%	-10.62	1.97	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.5B	1.3B	-1.14%	-30.64%	18.16	1.08	14.09%	64.56%
AAOI	408.9M	217.6M	-26.25%	416.99%	-7.3	1.88	-2.32%	15.59%
ADTN	361.6M	1.1B	-12.12%	-49.50%	-1.35	0.31	12.05%	-13041.29%
ALOT	135.5M	148.1M	-2.13%	23.67%	28.87	0.92	3.90%	76.40%
AIRG	58.1M	56.0M	1.65%	-4.66%	-4.67	1.04	-26.16%	-43.53%
AKTS	56.2M	29.7M	5.56%	-80.34%	-0.81	1.89	39.86%	-13.06%

Lumentum Holdings Inc News

Latest updates

Lumentum Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	15.5%	367	318	371	383	506	507	422	395	447	448	392	420	479	452	368	403	458	450	405	433	374
Gross Profit	-16.6%	64.00	77.00	90.00	112	166	201	182	167	208	232	163	185	230	206	136	158	189	168	87.00	88.00	125
Operating Expenses	7.4%	169	158	146	163	188	188	126	120	122	116	117	-81.90	114	107	109	115	114	108	101	165	113
S&GA Expenses	16.6%	85.00	73.00	68.00	76.00	98.00	106	70.00	64.00	69.00	63.00	58.00	66.00	61.00	56.00	55.00	61.00	62.00	57.00	49.00	55.00	63.00
R&D Expenses	6.5%	78.00	74.00	74.00	85.00	76.00	73.00	57.00	57.00	53.00	54.00	54.00	57.00	53.00	50.00	49.00	49.00	51.00	50.00	50.00	58.00	43.00
EBITDA Margin	10.3%	0.20*	0.18*	0.16*	0.16*	0.16*	0.17*	0.18*	0.17*	0.17*	0.17*	0.17*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	10.00	10.00	9.00	9.00	9.00	9.00	27.00	20.00	17.00	17.00	18.00	16.00	16.00	16.00	16.00	16.00	18.00	11.00	11.00	11.00	9.00
Income Taxes	-71.4%	-2.40	-1.40	15.00	-9.40	5.00	19.00	2.00	3.00	12.00	18.00	7.00	27.00	15.00	17.00	19.00	5.00	9.00	6.00	5.00	-8.20	1.00
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49.00	58.00	53.00	-21.10	-82.50	18.00
EBT Margin	9.7%	0.10*	0.09*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	0.08*	-	-	-	-	-	-	-	-	-
Net Income	-45.9%	-99.10	-67.90	-60.20	-39.30	-31.70	-0.40	35.00	26.00	57.00	82.00	22.00	226	83.00	67.00	-4.60	43.00	49.00	48.00	-25.80	-74.30	16.00
Net Income Margin	-46.8%	-0.19*	-0.13*	-0.07*	-0.02*	0.02*	0.07*	0.12*	0.11*	0.23*	0.24*	0.23*	0.22*	-	-	-	-	-	-	-	-	-
Free Cashflow	45.9%	-32.50	-60.10	13.00	-14.50	55.00	-2.10	86.00	58.00	180	44.00	106	365	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.4%	4,656	4,545	4,632	4,354	4,418	4,387	4,162	4,134	3,616	3,519	3,552	3,746	3,468	3,387	3,293	3,269	3,221	2,868	2,717	2,771	2,797
Current Assets	-23.4%	2,062	2,692	2,778	2,464	2,493	2,438	3,139	3,101	2,540	2,423	2,437	2,570	2,266	2,167	2,050	1,963	1,883	1,423	1,333	1,418	1,357
Cash Equivalents	-45.5%	469	862	859	549	592	605	1,290	1,130	552	611	774	688	321	270	298	688	1,085	539	433	358	371
Inventory	10.2%	472	428	409	410	367	366	250	224	208	207	196	211	207	213	189	173	180	202	229	272	303
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	437	433	391	445
Goodwill	51.7%	1,055	695	695	696	698	694	369	369	369	369	369	369	369	369	369	369	369	369	358	360	333
Liabilities	4.5%	3,378	3,234	3,276	2,816	2,875	2,861	2,287	2,221	1,594	1,548	1,579	1,581	1,546	1,571	1,543	1,535	1,540	1,307	1,220	1,268	1,237
Current Liabilities	10.9%	658	594	634	769	814	803	717	661	657	612	665	674	647	293	283	287	304	317	294	358	326
Short Term Borrowings	-	-	-	-	426	421	420	410	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	0.0%	2,502	2,501	2,500	1,901	1,900	1,900	635	1,448	810	800	790	779	769	1,135	1,120	1,106	1,092	357	352	347	343
LT Debt, Current	1.3%	320	316	312	-	-	-	410	406	401	396	391	385	380	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.0%	2,502	2,501	2,500	1,901	1,900	1,900	635	1,448	810	800	790	779	769	1,135	1,120	1,106	1,092	357	352	347	343
Shareholder's Equity	-2.5%	1,278	1,311	1,356	1,538	1,544	1,526	1,875	1,912	2,022	1,971	1,973	2,165	1,922	1,816	1,749	1,734	1,682	1,561	1,497	8.00	1,560
Retained Earnings	-24.3%	-507	-408	-340	-140	-101	-69.60	-129	-60.50	238	211	221	440	215	132	65.00	69.00	26.00	177	129	155	229
Additional Paid-In Capital	3.6%	1,776	1,714	1,692	1,671	1,641	1,596	1,577	1,974	1,778	1,752	1,744	1,719	1,701	1,678	1,677	1,659	1,649	1,377	1,361	1,341	1,324
Shares Outstanding	0.6%	67.00	67.00	66.00	69.00	68.00	68.00	68.00	71.00	72.00	73.00	75.00	76.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	1,949	-	-	-	4,648	-	-	-	5,246	-	-	-	3,735	-	-	-	2,264

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	34.8%	-1,500	-2,300	49,200	14,900	94,900	20,800	114,300	76,600	206,500	61,900	124,200	381,300	128,500	104,700	122,700	151,800	162,300	87,500	127,700	42,800	102,400
Share Based Compensation	7.8%	34,600	32,100	32,100	33,100	36,600	46,600	27,700	23,300	27,300	24,800	24,200	25,100	24,100	19,500	17,100	19,200	20,200	16,700	14,200	16,000	19,700
Cashflow From Investing	-2318.5%	-394,900	17,800	-70,900	-52,000	-104,500	-646,600	142,700	-23,200	-228,900	-116,900	197,300	-7,300	-75,000	-114,000	-509,800	-535,700	36,100	21,700	-54,400	-52,900	-681,900
Cashflow From Financing	131.8%	4,100	-12,900	331,500	-5,800	-3,600	-59,100	-97,100	524,900	-36,600	-108,300	-234,900	-7,600	-1,700	-19,200	-3,700	-12,300	347,600	-2,800	1,000	-2,900	491,600
Buy Backs	-	-	-	139,800	-	10,100	25,700	96,800	324,000	29,900	91,700	236,000	-	-	-	-	-	200,000	-	-	-	-

LITE Income Statement

2023-12-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 30, 2023	Dec. 31, 2022	Dec. 30, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenue	$ 366.8	$ 506.0	$ 684.4	$ 1,012.8
Cost of sales	281.3	315.1	504.2	597.7
Amortization of acquired developed intangibles	21.5	24.7	39.5	47.7
Gross profit	64.0	166.2	140.7	367.4
Operating expenses:
Research and development	78.3	75.8	151.8	148.5
Selling, general and administrative	85.1	98.4	158.1	204.1
Restructuring and related charges	5.8	13.9	16.8	23.2
Total operating expenses	169.2	188.1	326.7	375.8
Loss from operations	(105.2)	(21.9)	(186.0)	(8.4)
Interest expense	(9.7)	(8.9)	(19.4)	(17.4)
Other income, net	13.4	3.7	34.6	17.5
Loss before income taxes	(101.5)	(27.1)	(170.8)	(8.3)
Income tax provision (benefit)	(2.4)	4.6	(3.8)	23.8
Net loss	$ (99.1)	$ (31.7)	$ (167.0)	$ (32.1)
Net loss per share:
Basic (in usd per share)	$ (1.47)	$ (0.46)	$ (2.49)	$ (0.47)
Diluted (in usd per share)	$ (1.47)	$ (0.46)	$ (2.49)	$ (0.47)
Shares used to compute net loss per share:
Basic (in shares)	67.2	68.3	67.0	68.2
Diluted (in shares)	67.2	68.3	67.0	68.2

LITE Balance Sheet

2023-12-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 30, 2023	Jul. 01, 2023
Current assets:
Cash and cash equivalents	$ 469.3	$ 859.0
Short-term investments	754.7	1,154.6
Accounts receivable, net	248.3	246.1
Inventories	471.7	408.6
Prepayments and other current assets	118.1	109.6
Total current assets	2,062.1	2,777.9
Property, plant and equipment, net	582.3	489.5
Operating lease right-of-use assets, net	81.3	77.3
Goodwill	1,054.6	695.1
Other intangible assets, net	730.6	459.2
Deferred tax asset	130.2	116.3
Other non-current assets	14.9	16.8
Total assets	4,656.0	4,632.1
Current liabilities:
Accounts payable	163.0	169.4
Accrued payroll and related expenses	50.4	39.4
Accrued expenses	65.8	51.2
Convertible notes, current	319.7	311.6
Operating lease liabilities, current	14.5	14.4
Other current liabilities	45.0	47.8
Total current liabilities	658.4	633.8
Convertible notes, non-current	2,501.7	2,500.0
Operating lease liabilities, non-current	52.9	47.7
Deferred tax liability	67.6	3.4
Other non-current liabilities	97.6	91.4
Total liabilities	3,378.2	3,276.3
Commitments and contingencies (Note 14)
Stockholders’ equity:
Common stock, $0.001 par value, 990 authorized shares, 67.4 and 66.4 shares issued and outstanding as of December 30, 2023 and July 1, 2023, respectively	0.1	0.1
Additional paid-in capital	1,776.1	1,692.2
Accumulated deficit	(507.6)	(340.6)
Accumulated other comprehensive income	9.2	4.1
Total stockholders’ equity	1,277.8	1,355.8
Total liabilities and stockholders’ equity	$ 4,656.0	$ 4,632.1

About Lumentum Holdings Inc

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers, such as argon-ion and helium-neon lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, solar cell processing, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.

CEO	Mr. Alan S. Lowe
WEBSITE	lumentum.com
INDUSTRY	Computer Hardware
EMPLOYEES	7500

Lumentum Holdings Inc Frequently Asked Questions

What is the ticker symbol for Lumentum Holdings Inc? What does LITE stand for in stocks?

LITE is the stock ticker symbol of Lumentum Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lumentum Holdings Inc (LITE)?

As of Thu Apr 25 2024, market cap of Lumentum Holdings Inc is 2.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LITE stock?

You can check LITE's fair value in chart for subscribers.

What is the fair value of LITE stock?

You can check LITE's fair value in chart for subscribers. The fair value of Lumentum Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lumentum Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LITE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lumentum Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether LITE is over valued or under valued. Whether Lumentum Holdings Inc is cheap or expensive depends on the assumptions which impact Lumentum Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LITE.

What is Lumentum Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, LITE's PE ratio (Price to Earnings) is -10.62 and Price to Sales (PS) ratio is 1.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LITE PE ratio will change depending on the future growth rate expectations of investors.