LITE (Lumentum Holdings) Cyclically Adjusted Revenue per Share: $27.10 (As of Jun. 2026)

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LITE Lumentum Holdings Inc LITE
67 GF Score
Price $863.60
GF Value $163.44
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Lumentum Holdings Cyclically Adjusted Revenue per Share?

Lumentum Holdings LITE +4.03% 67 Cyclically Adjusted Revenue per Share is $27.10 as of Jun. 2026. GuruFocus rates LITE with a GF Score™ of 67/100 and a GF Value™ of $163.44 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Lumentum Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was $11.358. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $27.10 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Lumentum Holdings's average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-08-25), Lumentum Holdings's current stock price is $863.5994. Lumentum Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $27.10. Lumentum Holdings's Cyclically Adjusted PS Ratio of today is 31.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lumentum Holdings was 37.01. The lowest was 1.55. And the median was 3.46.


Lumentum Holdings  (NAS:LITE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Lumentum Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=863.5994/27.10
=31.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lumentum Holdings was 37.01. The lowest was 1.55. And the median was 3.46.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Lumentum Holdings Cyclically Adjusted Revenue per Share Related Terms


Lumentum Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Lumentum Holdings's Cyclically Adjusted Revenue per Share 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.

Lumentum Holdings Cyclically Adjusted Revenue per Share Chart

Lumentum Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 23.82 24.89 27.10

Lumentum Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 24.89 25.25 25.45 26.23 27.10

LITE vs HPE, CIEN, MSI: Cyclically Adjusted Revenue per Share Comparison

For the Communication Equipment subindustry, Lumentum Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where Lumentum Holdings's Cyclically Adjusted PS Ratio falls into.


LITE
67GF Score
Lumentum Holdings Inc LITE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lumentum Holdings Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Lumentum Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.358/333.9520*333.9520
=11.358

Current CPI (Jun. 2026) = 333.9520.

Lumentum Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.309 241.428 5.960
201612 4.226 241.432 5.845
201703 4.193 243.801 5.743
201706 3.639 244.955 4.961
201709 3.771 246.819 5.102
201712 6.263 246.524 8.484
201803 4.720 249.554 6.316
201806 4.734 251.989 6.274
201809 5.541 252.439 7.330
201812 5.512 251.233 7.327
201903 5.681 254.202 7.463
201906 5.275 256.143 6.877
201909 5.798 256.759 7.541
201912 5.869 256.974 7.627
202003 5.197 258.115 6.724
202006 4.762 257.797 6.169
202009 5.785 260.280 7.422
202012 6.107 260.474 7.830
202103 5.297 264.877 6.678
202106 5.040 271.696 6.195
202109 5.947 274.310 7.240
202112 5.932 278.802 7.105
202203 5.307 287.504 6.164
202206 5.903 296.311 6.653
202209 7.442 296.808 8.373
202212 7.408 296.797 8.335
202303 5.589 301.836 6.184
202306 5.429 305.109 5.942
202309 4.762 307.789 5.167
202312 5.458 306.746 5.942
202403 5.430 312.332 5.806
202406 4.541 314.175 4.827
202409 4.933 315.301 5.225
202412 5.837 315.605 6.176
202503 6.136 319.799 6.408
202506 6.676 322.561 6.912
202509 6.817 324.800 7.009
202512 7.580 324.054 7.812
202603 8.403 330.213 8.498
202606 11.358 333.952 11.358

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $27.10 mean?
Lumentum Holdings (LITE) has a Cyclically Adjusted Revenue per Share of $27.10 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lumentum Holdings and its competitors.
Is Lumentum Holdings' Cyclically Adjusted Revenue per Share too high?
Lumentum Holdings' current Cyclically Adjusted Revenue per Share is $27.10. Overall, Lumentum Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumentum Holdings' Cyclically Adjusted Revenue per Share compare to HPE and CIEN?
Lumentum Holdings' Cyclically Adjusted Revenue per Share of $27.10 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lumentum Holdings and its competitors. Lumentum Holdings's current Cyclically Adjusted Revenue per Share is $27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumentum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lumentum Holdings (LITE) is currently considered Significantly Overvalued. The stock's GF Value™ is $163.44, compared to a current price of $863.60 — trading 428.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $27.10. Lumentum Holdings' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Lumentum Holdings (LITE), the current Cyclically Adjusted Revenue per Share is $27.10 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lumentum Holdings (LITE) Overvalued in 2026?

Based on GuruFocus' analysis, Lumentum Holdings stock appears to be overvalued. The current stock price of $863.60 is trading 428.4% above its estimated GF Value™ of $163.44. GuruFocus considers Lumentum Holdings to be Significantly Overvalued.

Key valuation signals for LITE:

  • Cyclically Adjusted Revenue per Share: $27.10
  • GF Value™: $163.44 vs. price of $863.60 (428.4% above fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the LITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lumentum Holdings Business Description

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 Optical Communications and Commercial 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.
67GF Score

Get the complete analysis for LITE

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$863.60
Price
$163.44
GF Value