As of Jul 25, 2024, the Harmonic stock's PE ratio is 18.87. This takes into account the latest EPS of $0.63 and stock price of $11.89. The PE ratio marks a decrease of 73% from its last 4 quarters average of 70.0.
The PE ratio of Harmonic has averaged 63.47 over the last three years. The current P/E ratio of 18.87 is 70% lower than the historical average. Looking back at the last three years, HLIT's PE ratio peaked in the Sep 2023 quarter at 160.5, when the price was $9.63 and the EPS was $0.06. The lowest point was in the Dec 2023 quarter, when it reached 17.39 with a price of $13.04 and an EPS of $0.75.
Maximum annual decrease: -64.16% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.39 | -64.16% |
| 2022 | 48.52 | -46.36% |
| 2021 | 90.46 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
HLIT's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks CSCO and BDC, HLIT's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CSCO Cisco Systems Inc | 16.01 | $192.9B |
| BDC Belden Inc | 17.72 | $3.74B |
| HLIT Harmonic Inc | 19.11 | $1.4B |
| COMM CommScope Holding Company Inc | N/A | $407.57M |
The price to earnings ratio for HLIT stock is 18.87 as of Jul 25, 2024.
The average PE ratio for HLIT stock over the past 3 years is 63.47.
The average PE ratio for HLIT stock over the past 5 years is 63.47.
The highest quarterly PE ratio in the last three years has been 160.5 and it was in the Sep 2023 quarter.
HLIT's price to earnings ratio is currently 70% below its 3-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Harmonic's share price is $11.89. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.63. Therefore, Harmonic's PE ratio for today is 18.87. PE RATIO(18.87) = STOCK PRICE($11.89) / TTM EPS($0.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.