Harmonic
HLIT
#4310
Rank
$1.38 B
Marketcap
$13.17
Share price
-7.25%
Change (1 day)
22.40%
Change (1 year)

P/E ratio for Harmonic (HLIT)

P/E ratio as of January 2023 (TTM): 32.6

According to Harmonic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.55. At the end of 2021 the company had a P/E ratio of 98.0.

P/E ratio history for Harmonic from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.4-46.55%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.66-105.09%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-67.55%๐Ÿ‡ธ๐Ÿ‡ช Sweden
-5.32-116.34%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6-24.48%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.