$Harmonic (HLIT.US)$Excessive price-earnings ratio was ruled...

The US company, which was listed in 1995, is mainly in the video and broadband business. The main market is in the US, and the current price is 12.03.

Revenue fluctuated over the past 5 years, with an average growth rate of 8.5%. Operating profit fluctuated greatly. There was a loss in 2020, net profit reversed losses in 2021, and increased sharply in 2023 due to income tax rebates, but net profit before tax shrank by 57%.

2024Q1 revenue shrank by 22.6%, and both operating profit and net profit were lost.

Currently, the price-earnings ratio is 16.7 and the price-earnings ratio is TTM19.7, which is unattractive.