Lumentum forward PE LITE

Share price divided by analysts' consensus earnings for the next twelve months, since 2015.

Today, Oct 23, 2026: 34.8×
10-year median: 17.8×
Against its 10-year history: 78th; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.5× to 79.3×
Peer median: 28.7×

Lumentum's forward PE is 34.8× as of Oct 23, 2026.

That is above its ten-year median of 17.8×, higher than on 78% of days in the last ten years.

Over that time it ranged from 9.5× in May 2019 to 79.3× in Feb 2024.

The median for 6 communication equipment stocks of a similar size is 28.7×.

Forward PE over time

median 17.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	34.8×	29.9×	65.6×
2025	36.0×	11.7×	36.0×
2024	31.2×	29.0×	79.3×
2023	73.6×	18.8×	74.5×
2022	17.8×	15.2×	21.9×
2021	18.9×	13.2×	18.9×
2020	16.0×	11.8×	17.7×
2019	17.0×	9.5×	17.0×
2018	10.5×	9.6×	20.0×
2017	14.3×	14.3×	23.9×
2016	20.8×	13.3×	26.5×
2015	16.9×	13.5×	20.0×

Against its peers

Companies in Communication Equipment nearest Lumentum's size, closest first, today.

Company	Forward PE
LITELumentum	34.8×
MSIMotorola Solutions	26.6×
CIENCiena	30.8×
UIUbiquiti	33.2×
ZBRAZebra Technologies	n/m
FNFabrinet	n/m
CSCOCisco Systems	20.9×
Peer median	28.7×

Where Lumentum ranks

#71of 95Technology stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Lumentum

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.