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Lumentum Holdings (Lumentum Holdings) Shiller PE Ratio : 52.19 (As of Apr. 25, 2024)


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What is Lumentum Holdings Shiller PE Ratio?

As of today (2024-04-25), Lumentum Holdings's current share price is $41.75. Lumentum Holdings's E10 for the quarter that ended in Dec. 2023 was $0.80. Lumentum Holdings's Shiller PE Ratio for today is 52.19.

The historical rank and industry rank for Lumentum Holdings's Shiller PE Ratio or its related term are showing as below:

LITE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.89   Med: 47.33   Max: 70.6
Current: 52.19

During the past years, Lumentum Holdings's highest Shiller PE Ratio was 70.60. The lowest was 34.89. And the median was 47.33.

LITE's Shiller PE Ratio is ranked worse than
81.58% of 1352 companies
in the Hardware industry
Industry Median: 23.195 vs LITE: 52.19

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Lumentum Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $-1.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lumentum Holdings Shiller PE Ratio Historical Data

The historical data trend for Lumentum Holdings's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lumentum Holdings Shiller PE Ratio Chart

Lumentum Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 51.83

Lumentum Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 44.78 51.83 46.52 65.79

Competitive Comparison of Lumentum Holdings's Shiller PE Ratio

For the Communication Equipment subindustry, Lumentum Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lumentum Holdings's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lumentum Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lumentum Holdings's Shiller PE Ratio falls into.



Lumentum Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Lumentum Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.75/0.8
=52.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lumentum Holdings's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Lumentum Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.47/129.4194*129.4194
=-1.470

Current CPI (Dec. 2023) = 129.4194.

Lumentum Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.150 99.695 0.195
201406 -0.116 100.560 -0.149
201409 0.074 100.428 0.095
201412 -0.070 99.070 -0.091
201503 0.210 99.621 0.273
201506 -0.271 100.684 -0.348
201509 -0.170 100.392 -0.219
201512 0.010 99.792 0.013
201603 -0.130 100.470 -0.167
201606 0.230 101.688 0.293
201609 -0.060 101.861 -0.076
201612 0.190 101.863 0.241
201703 -0.920 102.862 -1.158
201706 -0.900 103.349 -1.127
201709 0.040 104.136 0.050
201712 3.050 104.011 3.795
201803 0.040 105.290 0.049
201806 0.400 106.317 0.487
201809 0.720 106.507 0.875
201812 0.080 105.998 0.098
201903 -0.980 107.251 -1.183
201906 -0.340 108.070 -0.407
201909 0.610 108.329 0.729
201912 0.630 108.420 0.752
202003 0.560 108.902 0.666
202006 -0.060 108.767 -0.071
202009 0.860 109.815 1.014
202012 1.060 109.897 1.248
202103 2.850 111.754 3.300
202106 0.280 114.631 0.316
202109 1.080 115.734 1.208
202112 0.750 117.630 0.825
202203 0.350 121.301 0.373
202206 0.490 125.017 0.507
202209 -0.010 125.227 -0.010
202212 -0.460 125.222 -0.475
202303 -0.570 127.348 -0.579
202306 -0.880 128.729 -0.885
202309 -1.020 129.860 -1.017
202312 -1.470 129.419 -1.470

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Lumentum Holdings  (NAS:LITE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Lumentum Holdings Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Lumentum Holdings's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lumentum Holdings (Lumentum Holdings) Business Description

Traded in Other Exchanges
Address
1001 Ridder Park Drive, San Jose, CA, USA, 95131
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 equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
Executives
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Yuen Wupen officer: See Remarks 2911 ZANKER ROAD, SAN JOSE CA 95134
Wajid Ali officer: EVP & Chief Financial Officer 400 N MCCARTHY BLVD, MILPITAS CA 95035
Pamela Fletcher director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Matthew Joseph Sepe officer: Chief Accounting Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Brian Lillie director 1485 BROOKMILL ROAD, LOS ALTOS CA 94024
Alan S Lowe director, officer: Chief Executive Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Judy G Hamel officer: SVP, GC and Secretary 400 MCCARTHY BLVD, MILPITAS CA 95035
Penny Herscher director 1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Isaac Hosojiro Harris director 310 W 113TH ST # 801, NEW YORK NY 10026-3389
Vincent Retort officer: EVP, Chief Operating Officer 400 MCCARTHY BLVD, MILPITAS CA 95035
Harold L Covert director 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Jason Reinhardt officer: EVP, Global Sales 400 N. MCCARTHY BLVD, MILPITAS CA 95035
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576
Samuel F Thomas director 400 N MCCARTHY BLVD, MILPITAS CA 95035