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HLIT Harmonic PE ratio, current and historical analysis

As of Jun 14, 2024, the Harmonic stock's PE ratio is 17.87. This takes into account the latest EPS of $0.63 and stock price of $11.26. The PE ratio marks a decrease of 74% from its last 4 quarters average of 70.0.

HLIT PE ratio history

How has HLIT's PE ratio performed in the past

The PE ratio of Harmonic has averaged 63.47 over the last three years. The current P/E ratio of 17.87 is 72% 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.

Average
63.47
Median
48.52
Minimum
17.39
Maximum
160.5

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

What is the average PE ratio of HLIT for the past years

HLIT's current PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
63.47
5-year avg
63.47
10-year avg
63.47
15-year avg
129.92

HLIT PE vs peers

What is HLIT's PE ratio compared to its peers

In comparison to its peer BDC, HLIT's PE ratio is lower, but it is higher than CSCO's.

Stock name PE ratio Market cap
CSCO Cisco Systems Inc 15.28 $184.04B
HLIT Harmonic Inc 17.87 $1.31B
BDC Belden Inc 18.25 $3.85B
COMM CommScope Holding Company Inc N/A $273.84M

Frequently asked questions

What is Harmonic's PE ratio?

The price to earnings ratio for HLIT stock is 17.87 as of Jun 14, 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 63.47.

What is the 5-year average PE ratio for Harmonic (HLIT)?

The average PE ratio for HLIT stock over the past 5 years is 63.47.

What is the highest PE ratio for HLIT?

The highest quarterly PE ratio in the last three 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 72% below its 3-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 (Jun 14, 2024), Harmonic's share price is $11.26. 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 17.87. PE RATIO(17.87) = STOCK PRICE($11.26) / TTM EPS($0.63)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.