P/E ratio for VIAVI Solutions (VIAV)
P/E ratio as of April 2023 (TTM): 32.8
According to VIAVI Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.8182. At the end of 2021 the company had a P/E ratio of -352.
P/E ratio history for VIAVI Solutions from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -352 | -429.46% |
| 2020 | 107 | 28.36% |
| 2019 | 83.3 | -249.25% |
| 2018 | -55.8 | -183.05% |
| 2017 | 67.2 | 220.54% |
| 2016 | 21.0 | -261.87% |
| 2015 | -13.0 | -55.17% |
| 2014 | -28.9 | -221.77% |
| 2013 | 23.7 | -164.92% |
| 2012 | -36.6 | -186.21% |
| 2011 | 42.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 VIAVI Solutions
VIAV | 32.8 | 0.00% | 🇺🇸 USA |
 Vocera Communications VCRA | -335 | -1,120.45% | 🇺🇸 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.