VIAV Historical PE Ratio Notes

— Viavi Solutions Inc. (VIAV) is a global leader in network testing, monitoring, and assurance solutions for telecommunications, cable, mobile, and cloud service providers, as well as enterprises and government agencies. The company designs & manufactures products that help clients manage complex networks & maintain reliable, high-performance communications infrastructures. VIAV's core business segments include Network Enablement, Service Enablement, and Optical Security & Performance, each contributing to the company's revenue in distinct ways based on technology adoption cycles and customer investment patterns. When evaluating VIAV's historical PE (price-to-earnings) ratio, it is key to understand that this metric reflects not only the company's actual earnings and growth rates, but also investor perceptions about the stability and future potential of its markets―such as the rollout of 5G networks or advancements in cloud computing. Fluctuations in demand for networking hardware & services, as well as the cyclical nature of telecom infrastructure spending, have historically impacted both VIAV's earnings and the PE multiple assigned by the market. As you review VIAV's historical price, earnings, & PE ratio data, consider how industry innovation cycles, customer capex trends, and broader economic factors have shaped market sentiment over time.

On this page we presented the Viavi Solutions Historical PE Ratio information for Viavi Solutions' stock. The average VIAV historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 20.9. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average VIAV historical PE based on this TTM earnings result method is 21.7.

Let's now compare this VIAV historical PE result, against the recent PE: when this page was posted on 7/15/2026, the most recent closing price for VIAV had been 40.12, and the most recent quarterly earnings result, annualized, was 1.08. Meanwhile, the most recent TTM earnings summed to 0.77. From these numbers, we calculate the recent VIAV PE on 7/15/2026 based on annualized quarterly EPS was 37.1. Based on VIAV's history, that recent PE is elevated relative to the historical average, with the recent PE 77.5% higher than the historical average PE across our data set for Viavi Solutions. Looking at the recent VIAV PE on 7/15/2026 based on TTM EPS, we calculate the ratio at 52.1. Based on VIAV's history, that recent PE is elevated relative to the historical average, with the recent PE 140.1% higher than the historical average PE across our Viavi Solutions data set with TTM EPS used in the calculation at each period.

Another interesting VIAV historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for VIAV, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for VIAV, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.13, 0.15, 0.22, and 0.27. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.15 and 0.22 — which gives us the median of 0.18. Basically the way to think about this 0.18 number is this: for the trailing four earnings reports, 0.18 marks the "middle ground" number where VIAV has reported a value higher than 0.18 half the time, and has reported a value lower than 0.18 half the time. Annualizing that median value then gets us to 0.72/share, which we use as the denominator in our next PE calculation. With 40.12 as the numerator (as of 7/15/2026), the calculation is then 40.12 / 0.72 = 55.7 as the VIAV PE ratio as of 7/15/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on VIAV or any other given stock, valuation analysis for VIAV can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Viavi Solutions PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for VIAV. Thanks for visiting, and the next time you need to research VIAV Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.