Lumentum Holdings Stock Price To Earning
| LITE Stock | USD 46.01 1.18 2.50% |
Lumentum Holdings fundamentals help investors to digest information that contributes to Lumentum Holdings' financial success or failures. It also enables traders to predict the movement of Lumentum Stock. The fundamental analysis module provides a way to measure Lumentum Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lumentum Holdings stock.
Lumentum | Price To Earning |
Lumentum Holdings Company Price To Earning Analysis
Lumentum Holdings' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Lumentum Holdings Price To Earning | 22.92 X |
Most of Lumentum Holdings' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lumentum Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Lumentum Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Lumentum Holdings is extremely important. It helps to project a fair market value of Lumentum Stock properly, considering its historical fundamentals such as Price To Earning. Since Lumentum Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lumentum Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lumentum Holdings' interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Lumentum Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Lumentum Holdings has a Price To Earning of 22.92 times. This is 17.2% lower than that of the Communications Equipment sector and 41.83% lower than that of the Information Technology industry. The price to earning for all United States stocks is 20.19% higher than that of the company.
Lumentum Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lumentum Holdings' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lumentum Holdings could also be used in its relative valuation, which is a method of valuing Lumentum Holdings by comparing valuation metrics of similar companies.Lumentum Holdings is currently under evaluation in price to earning category among related companies.
Lumentum Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Lumentum Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Lumentum Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Lumentum Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.0338 | ||||
| Profit Margin | (0.25) % | ||||
| Operating Margin | (0.25) % | ||||
| Current Valuation | 4.81 B | ||||
| Shares Outstanding | 67.6 M | ||||
| Shares Owned By Insiders | 0.65 % | ||||
| Shares Owned By Institutions | 99.35 % | ||||
| Number Of Shares Shorted | 9.71 M | ||||
| Price To Earning | 22.92 X | ||||
| Price To Book | 2.29 X | ||||
| Price To Sales | 2.04 X | ||||
| Revenue | 1.77 B | ||||
| Gross Profit | 851.6 M | ||||
| EBITDA | (38.8 M) | ||||
| Net Income | (131.6 M) | ||||
| Cash And Equivalents | 2.55 B | ||||
| Cash Per Share | 37.43 X | ||||
| Total Debt | 2.87 B | ||||
| Debt To Equity | 1.03 % | ||||
| Current Ratio | 4.38 X | ||||
| Book Value Per Share | 17.41 X | ||||
| Cash Flow From Operations | 179.8 M | ||||
| Short Ratio | 10.84 X | ||||
| Earnings Per Share | (5.26) X | ||||
| Price To Earnings To Growth | 0.97 X | ||||
| Target Price | 54.27 | ||||
| Number Of Employees | 7.5 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 3.11 B | ||||
| Total Asset | 4.63 B | ||||
| Retained Earnings | (340.6 M) | ||||
| Working Capital | 2.14 B | ||||
| Current Asset | 489.3 M | ||||
| Current Liabilities | 163.5 M | ||||
| Net Asset | 4.63 B |
About Lumentum Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lumentum Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumentum Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumentum Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lumentum Holdings is a strong investment it is important to analyze Lumentum Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lumentum Holdings' future performance. For an informed investment choice regarding Lumentum Stock, refer to the following important reports:Check out Lumentum Holdings Piotroski F Score and Lumentum Holdings Altman Z Score analysis. For information on how to trade Lumentum Stock refer to our How to Trade Lumentum Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Lumentum Holdings' price analysis, check to measure Lumentum Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lumentum Holdings is operating at the current time. Most of Lumentum Holdings' value examination focuses on studying past and present price action to predict the probability of Lumentum Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumentum Holdings' price. Additionally, you may evaluate how the addition of Lumentum Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Lumentum Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lumentum Holdings. If investors know Lumentum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lumentum Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.711 | Earnings Share (5.26) | Revenue Per Share 21.093 | Quarterly Revenue Growth (0.04) | Return On Assets (0.03) |
The market value of Lumentum Holdings is measured differently than its book value, which is the value of Lumentum that is recorded on the company's balance sheet. Investors also form their own opinion of Lumentum Holdings' value that differs from its market value or its book value, called intrinsic value, which is Lumentum Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lumentum Holdings' market value can be influenced by many factors that don't directly affect Lumentum Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lumentum Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumentum Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumentum Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.