Viavi Solutions Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Viavi Solutions Inc. (VIAV), the latest P/E of -157.3 frames valuation, while ROE -6.92% and ROIC 5.23% indicates profitability and capital efficiency. Together with the current ratio of 1.61 and debt-to-equity 1.34, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

VIAV Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$5.89$4.87$4.49$4.92$5.60$5.24$4.95$4.96$3.86$3.53
Net Income per Share$-0.24$0.16$-0.12$0.11$0.07$0.30$0.13$0.02$-0.21$0.73
Operating Cash Flow per Share$0.31$0.40$0.52$0.51$0.77$1.06$0.59$0.61$0.29$0.35
Free Cash Flow per Share$0.20$0.28$0.44$0.28$0.46$0.84$0.45$0.41$0.10$0.18
Cash per Share$2.16$1.91$2.21$2.32$2.43$3.06$2.36$2.29$3.44$6.25
Book Value per Share$3.65$3.51$3.06$3.08$2.91$3.39$3.10$3.18$3.17$3.42
Tangible Book Value per Share$-1.09$0.24$0.86$0.79$1.00$1.27$0.79$0.58$0.66$2.63
Interest Debt per Share$5.08$3.25$3.23$3.60$3.33$3.30$3.02$2.69$3.88$4.24
CAPEX per Share$0.11$0.12$0.09$0.23$0.31$0.23$0.14$0.20$0.19$0.17

VIAV Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)-157.363.94-60.1499.79197.0859.83101.83590.53-47.8514.5
Price to Book (P/B)10.462.852.283.684.555.294.114.393.233.08
Price to Sales (P/S)6.892.051.552.32.363.372.572.822.662.98
Enterprise Value to EBITDA83.7618.9917.4617.9219.7816.4712.9217.4726.818.17
EV to Sales7.362.31.772.552.513.42.682.872.912.89
EV to Operating Cash Flow141.5627.7715.1824.7118.1916.7722.4423.3938.629.35
EV to Free Cash Flow220.940.2218.2444.7530.6821.3429.3534.61108.456.71
Enterprise Value$10.05B$2.49B$1.77B$2.82B$3.24B$4.08B$3.04B$3.25B$2.55B$2.35B

VIAV Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)-6.92%4.46%-3.79%3.69%2.31%8.84%4.03%0.74%-6.74%21.22%
Return on Invested Capital (ROIC)5.23%3.79%-6.34%2.58%2.87%4.17%1.77%1.00%0.80%1.66%
Return on Tangible Assets-3.86%2.75%-2.07%1.91%1.12%4.57%2.30%0.44%-3.35%8.66%
Earnings Yield-0.62%1.56%-1.66%1.00%0.51%1.67%0.98%0.17%-2.09%6.89%
Free Cash Flow Yield0.48%2.79%6.25%2.48%3.46%4.73%3.55%2.94%1.01%1.71%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

VIAV Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.611.53.552.752.721.493.923.232.057.29
Interest Coverage2.72.361.393.667.959.242.672.240.220.81
Income Quality-1.292.58-4.514.4711.495.284.7225.7-1.430.48
Debt to Equity1.340.891.011.131.110.970.930.81.161.18
Debt to Assets44.96%34.72%39.58%42.20%40.73%37.69%37.14%31.89%41.19%44.13%
Net Debt to EBITDA5.312.052.131.751.130.170.510.312.33-0.25

VIAV Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover3.963.74.084.784.954.354.834.764.016.74
Payables Turnover7.416.88.5510.089.078.199.558.157.3610.41
Inventory Turnover4.093.974.464.14.85.466.085.034.427.07
Days Sales Outstanding92.2198.789.3576.2973.6883.9175.6576.7691.1154.16
Days Payables Outstanding49.2753.6642.736.1940.2644.5538.2244.7649.6135.06
Days of Inventory on Hand89.291.9581.7689.0376.0266.960.0872.5182.5151.62

VIAV Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA83.7618.9917.4617.9219.7816.4712.9217.4726.818.17
Market Cap$9.41B$2.23B$1.55B$2.54B$3.05B$4.04B$2.92B$3.19B$2.33B$2.42B
Enterprise Value$10.05B$2.49B$1.77B$2.82B$3.24B$4.08B$3.04B$3.25B$2.55B$2.35B
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

Is Viavi Solutions Inc. stock overvalued based on its P/E ratio?

On this page, VIAV's current P/E is -157.3, compared with a multi-year average around 161.1. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is Viavi Solutions Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $9.41B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for Viavi Solutions Inc. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to Viavi Solutions Inc.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does Viavi Solutions Inc. compare to its competitors in key financial ratios?

The fastest way to compare Viavi Solutions Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Viavi Solutions Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is Viavi Solutions Inc. financially strong based on its ratios?

To assess whether Viavi Solutions Inc. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 1.61, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 2.70, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.34, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do Viavi Solutions Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Viavi Solutions Inc. is sustaining strong returns (for example ROE at -6.92% and ROIC at 5.23%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.