Question 1

What is Lumentum Holdings's P/B ratio?

Accepted Answer

Lumentum Holdings (LITE) P/B ratio is 27.9× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Lumentum Holdings?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Lumentum Holdings specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is Lumentum Holdings's P/B ratio high or low?

Accepted Answer

Lumentum Holdings's P/B ratio of 27.9× is above its own 5-year average of 6.3× and above the sector median of 6.0×. That places the current reading at the 90th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Lumentum Holdings's historical P/B ratio range?

Accepted Answer

In the available daily series, Lumentum Holdings (LITE) P/B ratio has ranged from a low of 1.8× in 2018 to a high of 103.1× in 2026. The 5-year average is 6.3× and the 5-year median is 3.3×.

Question 7

What was Lumentum Holdings's P/B ratio in 2025?

Accepted Answer

Lumentum Holdings (LITE) P/B ratio at the end of 2025 was 5.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Lumentum Holdings's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$6.59B	$1.13B	5.8×	+2.2×	Jun 28, 2025
2024	$3.45B	$957.30M	3.6×	+0.7×	Jun 29, 2024
2023	$3.87B	$1.36B	2.9×	-0.1×	Jun 30, 2023
2022	$5.47B	$1.88B	2.9×	-0.2×	Jun 30, 2022
2021	$6.14B	$1.97B	3.1×	-0.4×	Jun 30, 2021
2020	$6.11B	$1.75B	3.5×	+0.7×	Jun 30, 2020
2019	$4.17B	$1.50B	2.8×	-1.0×	Jun 30, 2019
2018	$3.63B	$961.90M	3.8×	-1.6×	Jun 30, 2018
2017	$3.49B	$654.60M	5.3×	+2.6×	Jun 30, 2017
2016	$1.44B	$533.20M	2.7×	+0.1×	Jun 30, 2016
2015	$992.96M	$380.70M	2.6×	-0.3×	Jun 30, 2015
2014	$986.00M	$335.60M	2.9×	—	Jun 30, 2014


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P/B Ratio for Lumentum Holdings (LITE)

P/B Ratio daily chart for Lumentum Holdings (LITE)

Historical P/B Ratio for Lumentum Holdings (LITE) from 2014 to 2025

About P/B Ratio at Lumentum Holdings (LITE)

Lumentum Holdings P/B Ratio by Year

Lumentum Holdings P/B Ratio 2025: 5.8×

Lumentum Holdings P/B Ratio 2024: 3.6×

Lumentum Holdings P/B Ratio 2023: 2.9×

Lumentum Holdings P/B Ratio 2022: 2.9×

Lumentum Holdings P/B Ratio 2021: 3.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Lumentum Holdings (LITE) Key Financials

P/B Ratio daily chart for Lumentum Holdings (LITE)

Historical P/B Ratio for Lumentum Holdings (LITE) from 2014 to 2025

About P/B Ratio at Lumentum Holdings (LITE)

Lumentum Holdings P/B Ratio by Year

Lumentum Holdings P/B Ratio 2025: 5.8×

Lumentum Holdings P/B Ratio 2024: 3.6×

Lumentum Holdings P/B Ratio 2023: 2.9×

Lumentum Holdings P/B Ratio 2022: 2.9×

Lumentum Holdings P/B Ratio 2021: 3.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Lumentum Holdings's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Lumentum Holdings?

+Is Lumentum Holdings's P/B ratio high or low?

+What is Lumentum Holdings's historical P/B ratio range?

+What was Lumentum Holdings's P/B ratio in 2025?

+Why does Lumentum Holdings's P/B ratio change over time?

Lumentum Holdings (LITE) Key Financials