P/E ratio for Harmonic (HLIT)
P/E ratio as of May 2024 (TTM): 199
According to Harmonic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 198.5. At the end of 2022 the company had a P/E ratio of 48.5.
P/E ratio history for Harmonic from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 48.5 | -50.49% |
| 2021 | 98.0 | -511.1% |
| 2020 | -23.8 | -78.61% |
| 2019 | -111 | 466.59% |
| 2018 | -19.7 | 377.62% |
| 2017 | -4.12 | -22.59% |
| 2016 | -5.32 | -77.78% |
| 2015 | -23.9 | 70.76% |
| 2014 | -14.0 | -170.29% |
| 2013 | 19.9 | -135.41% |
| 2012 | -56.3 | -178.24% |
| 2011 | 72.0 | -125.2% |
| 2010 | -286 | 1030.01% |
| 2009 | -25.3 | -406.42% |
| 2008 | 8.25 | -77.17% |
| 2007 | 36.1 | -100% |
| 2006 | < -1000 | 8.6409683901977E+17% |
| 2005 | -60.6 | -114.54% |
| 2004 | 417 | -2745.79% |
| 2003 | -15.8 | 783.98% |
| 2002 | -1.78 | -57.73% |
| 2001 | -4.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 15.0 | -92.43% | 🇺🇸 USA |
 SeaChange SEAC | -1.41 | -100.71% | 🇺🇸 USA |
 Ericsson ERIC | -9.11 | -104.59% | 🇸🇪 Sweden |
 CommScope
COMM | -0.1946 | -100.10% | 🇺🇸 USA |
 Belden BDC | 15.6 | -92.16% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.