Lumentum Holdings Inc. Common Stock (LITE) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equip...
Lumentum Holdings Inc. Common Stock (LITE) currently trades at a P/E ratio of 168.05 (historical range: 14.78–275.56, median: 43.90), placing it at the 75th percentile — above its historical average, P/S ratio of 29.71 (range: 1.52–40.86, 92th percentile — expensive relative to its history), EV/EBITDA of 307.11 (range: 20.21–2632.01, 54th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Lumentum Holdings Inc. Common Stock's P/E ratio has expanded by 297% over the observed period (from an average of 44.2 to 175.6).
Lumentum Holdings Inc. Common Stock trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 168.05 | 43.90 | 75th | above its historical average |
| P/S Ratio | 29.71 | 3.60 | 92th | expensive relative to its history |
| EV/EBITDA | 307.11 | 301.96 | 54th | near its historical average |
| FCF Yield | 0.15% | 5.66% | 15th | expensive relative to its history |
Lumentum Holdings Inc. Common Stock (LITE) Valuation & P/E History
Lumentum Holdings Inc. Common Stock (LITE) is a US-listed stock operating in the Technology sector, specifically the Communications Equipment, Nec industry currently trading at $819.39 with a market capitalization of $74.2 billion. This page provides historical valuation analysis for LITE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 168.05 is above the historical median of 43.90, placing LITE at the 75th percentile of its valuation range. The P/S ratio of 29.71 compares to a median of 3.60.
LITE Valuation Metrics & Historical Range
The valuation table above shows Lumentum Holdings Inc. Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether LITE is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests LITE is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Lumentum Holdings Inc. Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is LITE Overvalued or Undervalued?
Lumentum Holdings Inc. Common Stock trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 74 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive LITE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full LITE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.LITE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.