Harmonic
HLIT
#4568
Rank
$1.50 B
Marketcap
$13.44
Share price
-0.59%
Change (1 day)
-4.07%
Change (1 year)

P/E ratio for Harmonic (HLIT)

P/E ratio as of March 2024 (TTM): 224

According to Harmonic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 224. 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
202248.5-50.49%
202198.0-511.1%
2020-23.8-78.61%
2019-111466.59%
2018-19.7377.62%
2017-4.12-22.59%
2016-5.32-77.78%
2015-23.970.76%
2014-14.0-170.29%
201319.9-135.41%
2012-56.3-178.24%
201172.0-125.2%
2010-2861030.01%
2009-25.3-406.42%
20088.25-77.17%
200736.1-100%
2006< -10008.6409683901977E+17%
2005-60.6-114.54%
2004417-2745.79%
2003-15.8783.98%
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
16.2-92.79%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.17-100.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.57-103.82%๐Ÿ‡ธ๐Ÿ‡ช Sweden
-0.2198-100.10%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8-93.41%๐Ÿ‡บ๐Ÿ‡ธ 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.