HLIT Harmonic PE ratio, current and historical analysis
As of Nov 21, 2024, the Harmonic stock's PE ratio is 16.3. This takes into account the latest EPS of $0.76 and stock price of $12.39. The PE ratio marks a decrease of 19% from its last 4 quarters average of 20.2.
HLIT PE ratio history
The PE ratio of Harmonic has averaged 56.95 over the last four years. The current P/E ratio of 16.3 is 71% lower than the historical average. Looking back at the last four 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.
Harmonic PE ratio by year
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 average PE ratio chart
HLIT's current PE ratio is lower than its 3, 5 and 10-year averages.
HLIT PE vs peers
In comparison to its peer stocks CSCO and BDC, HLIT's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HLIT Harmonic Inc | 16.3 | $1.44B |
| CSCO Cisco Systems Inc | 24.6 | $229.25B |
| BDC Belden Inc | 27.54 | $4.87B |
| COMM CommScope Holding Company Inc | N/A | $945.55M |
Frequently asked questions
What is Harmonic's PE ratio?
The price to earnings ratio for HLIT stock is 16.3 as of Nov 21, 2024.
What is the 3-year average PE ratio for Harmonic (HLIT)?
The average PE ratio for HLIT stock over the past 3 years is 51.21.
What is the 5-year average PE ratio for Harmonic (HLIT)?
The average PE ratio for HLIT stock over the past 5 years is 56.95.
What is the highest PE ratio for HLIT?
The highest quarterly PE ratio in the last four years has been 160.5 and it was in the Sep 2023 quarter.
How does the current PE ratio for HLIT compare to its historical average?
HLIT's price to earnings ratio is currently 71% below its 4-year historical average.
How is HLIT's PE ratio calculated (Harmonic PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Harmonic's share price is $12.39. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.76. Therefore, Harmonic's PE ratio for today is 16.3. PE RATIO(16.3) = STOCK PRICE($12.39) / TTM EPS($0.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.