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HLIT Harmonic PE ratio, current and historical analysis

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  2. Technology
  3. NASDAQ: HLIT
  4. PE Ratio

As of Apr 26, 2024, the Harmonic stock's PE ratio is 12.27. This takes into account the latest EPS of $0.75 and stock price of $9.2. The PE ratio marks a decrease of 84% from its last 4 quarters average of 75.7.

HLIT PE ratio history

How has HLIT's PE ratio performed in the past

The PE ratio of Harmonic has averaged 67.69 over the last three years. The current P/E ratio of 12.27 is 82% 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
67.69
Median
50.21
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
67.69
5-year avg
67.69
10-year avg
67.69
15-year avg
135.35

HLIT PE vs peers

What is HLIT's PE ratio compared to its 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 12.27 $1.03B
CSCO Cisco Systems Inc 14.46 $193.79B
BDC Belden Inc 14.5 $3.43B
COMM CommScope Holding Company Inc N/A $199.53M

Frequently asked questions

What is Harmonic's PE ratio?

The price to earnings ratio for HLIT stock is 12.27 as of Apr 26, 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 67.69.

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

The average PE ratio for HLIT stock over the past 5 years is 67.69.

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 82% 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 (Apr 26, 2024), Harmonic's share price is $9.2. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.75. Therefore, Harmonic's PE ratio for today is 12.27. PE RATIO(12.27) = STOCK PRICE($9.2) / TTM EPS($0.75)

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