P/E ratio for VIAVI Solutions (VIAV)
P/E ratio as of December 2023 (TTM): 73.8
According to VIAVI Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 73.7563. At the end of 2022 the company had a P/E ratio of 31.8.
P/E ratio history for VIAVI Solutions from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.8 | -109.04% |
| 2021 | -352 | -546.97% |
| 2020 | 78.8 | -5.39% |
| 2019 | 83.3 | -257.55% |
| 2018 | -52.9 | -181.8% |
| 2017 | 64.7 | 216.2% |
| 2016 | 20.5 | -264.54% |
| 2015 | -12.4 | -57% |
| 2014 | -28.9 | -221.77% |
| 2013 | 23.7 | -164.92% |
| 2012 | -36.6 | -186.21% |
| 2011 | 42.4 | -63.95% |
| 2010 | 118 | -2607.36% |
| 2009 | -4.69 | 715.96% |
| 2008 | -0.5751 | -99.39% |
| 2007 | -94.6 | 69.64% |
| 2006 | -55.7 | 725.32% |
| 2005 | -6.75 | -73.78% |
| 2004 | -25.8 | 148.82% |
| 2003 | -10.4 | 3186.32% |
| 2002 | -0.3150 | 231.2% |
| 2001 | -0.0951 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 VIAVI Solutions
VIAV | 73.8 | 0.00% | 🇺🇸 USA |
 Vocera Communications VCRA | -335 | -554.05% | 🇺🇸 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.