Lumentum
LITE
$43.42
Share price
3.36%
Change (1 day)
-9.35%
Change (1 year)
Categories
Lumentum (LITE) - P/B ratio
P/B ratio as of April 2024 : 2.29
According to Lumentum's latest financial reports the company has a price-to-book ratio of 2.29.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Lumentum - P/B ratio (from 2015 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.75 | 19.24% |
| 2022-12-31 | 2.30 | -39.06% |
| 2021-12-31 | 3.78 | 1.56% |
| 2020-12-31 | 3.72 | 5.7% |
| 2019-12-31 | 3.52 | 71.89% |
| 2018-12-31 | 2.05 | -39.14% |
| 2017-12-31 | 3.37 | -19.97% |
| 2016-12-31 | 4.21 | 63.93% |
| 2015-12-31 | 2.57 | |
| 2014-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 VIAVI Solutions
VIAV | 2.45 | 6.95% | 🇺🇸 USA |