VIAV vs PNW

Comparison between Viavi Solutions Inc (VIAV, Company) and Pinnacle West Capital Corp (PNW, Company).

VIAV is from the Technology sector, while PNW is from the Utilities sector.

5-Year PerformanceVIAV has outperformed PNW, delivering a return of +22.4% compared to +8.1%

VIAV vs PNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VIAV(COMPANY)	PNW(COMPANY)
Market Cap	$12B	$12B
Max Drawdown	62.88%	56.65%
Sharpe Ratio	2.90	0.97
5Y Beta	1.18	0.12
Industry	Communication Equipment	Utilities - Regulated Electric
P/E Ratio	-220.18	18.95
Forward P/E	42.37	21.98
PEG Ratio	1.34	3.00
Dividend Yield	N/A	3.59%
5Y Dividends CAGR	N/A	6.67%
5Y EPS CAGR	N/A	-1.71%
Debt to Equity	127.68%	147.16%
Free Cash Flow Yield	0.37%	13.13%
P/S Ratio	9.11	2.21
P/B Ratio	15.46	1.71

Market Cap

VIAV

$12B

Winner

PNW

$12B

Max Drawdown

VIAV

62.88%

Winner

PNW

56.65%

Sharpe Ratio

Winner

VIAV

2.90

PNW

0.97

5Y Beta

VIAV

1.18

Winner

PNW

0.12

Industry

VIAV

Communication Equipment

PNW

Utilities - Regulated Electric

P/E Ratio

Winner

VIAV

-220.18

PNW

18.95

Forward P/E

VIAV

42.37

Winner

PNW

21.98

PEG Ratio

Winner

VIAV

1.34

PNW

3.00

Dividend Yield

VIAV

N/A

PNW

3.59%

5Y Dividends CAGR

VIAV

N/A

PNW

6.67%

5Y EPS CAGR

VIAV

N/A

PNW

-1.71%

Debt to Equity

Winner

VIAV

127.68%

PNW

147.16%

Free Cash Flow Yield

VIAV

0.37%

Winner

PNW

13.13%

P/S Ratio

VIAV

9.11

Winner

PNW

2.21

P/B Ratio

VIAV

15.46

Winner

PNW

1.71

VIAV vs PNW - Historical Returns

Returns include dividend reinvestment.

Period	VIAV	PNW
1 month	-11.88%	+1.74%
3 months	+53.42%	+2.16%
6 months	+159.61%	+19.10%
1 year	+410.85%	+19.84%
5 years(CAGR)	+22.41%	+8.07%
10 years(CAGR)	+21.30%	+7.34%
Max(CAGR)	+20.61%	+8.58%

VIAV

-11.88%

Winner

PNW

+1.74%

Winner

VIAV

+53.42%

PNW

+2.16%

Winner

VIAV

+159.61%

PNW

+19.10%

Winner

VIAV

+410.85%

PNW

+19.84%

5Y(CAGR)

Winner

VIAV

+22.41%

PNW

+8.07%

10Y(CAGR)

Winner

VIAV

+21.30%

PNW

+7.34%

Max(CAGR)

Winner

VIAV

+20.61%

PNW

+8.58%

VIAV vs PNW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VIAV	PNW
2026	+162.04%	+19.14%
2025	+76.44%	+9.47%
2024	+0.90%	+21.11%
2023	-5.53%	+0.66%
2022	-41.05%	+14.35%
2021	+19.54%	-6.79%
2020	-2.16%	-6.39%
2019	+51.06%	+12.10%
2018	+12.17%	+5.16%
2017	+4.55%	+13.70%
2016	+34.32%	+26.11%
2015	-2.40%	-2.47%
2014	N/A	+36.73%
2013	N/A	+4.94%
2012	N/A	+11.13%
2011	N/A	+21.91%
2010	N/A	+18.70%
2009	N/A	+18.06%
2008	N/A	-18.11%
2007	N/A	-13.63%
2006	N/A	+25.10%
2005	N/A	-1.97%
2004	N/A	+15.32%
2003	N/A	+20.14%
2002	N/A	-15.91%
2001	N/A	-6.62%
2000	N/A	+66.55%
1999	N/A	-16.71%

VIAV vs PNW Drawdown Comparison

The maximum drawdown for VIAV was -62.88%, occurring on Jun 26, 2024. Recovery took 1098 trading sessions.

The maximum drawdown for PNW was -53.35%, occurring on Oct 9, 2002. Recovery took 1026 trading sessions.

The current VIAV drawdown is -14.04%. The current PNW drawdown is -0.45%.

Rank	VIAV	PNW
#1	-62.88% Jun 28, 2021 - Nov 10, 2025	-53.35% Oct 2, 2000 - Nov 3, 2004
#2	-44.13% Nov 1, 2019 - Jan 20, 2021	-49.51% Jan 4, 2007 - Sep 28, 2010
#3	-27.79% May 12, 2017 - Oct 1, 2018	-39.28% Feb 21, 2020 - Jul 31, 2024
#4	-27.57% Nov 6, 2015 - Feb 26, 2016	-28.96% Nov 2, 1999 - May 8, 2000
#5	-26.49% Oct 3, 2018 - Feb 15, 2019	-20.89% Jan 22, 2015 - Feb 3, 2016
#6	-21.13% Mar 2, 2026 - Mar 24, 2026	-18.48% Nov 30, 2017 - Nov 12, 2018
#7	-17.65% Aug 5, 2015 - Nov 3, 2015	-15.59% May 12, 2011 - Oct 18, 2011
#8	-14.65% Mar 25, 2026 - Apr 7, 2026	-15.01% May 3, 2013 - Oct 20, 2014
#9	-14.17% May 1, 2026 - Jun 1, 2026	-14.10% Aug 2, 2005 - Aug 18, 2006
#10	-13.16% May 6, 2019 - Jul 1, 2019	-13.50% Nov 27, 2024 - Mar 3, 2025
#11	-13.04% Mar 27, 2017 - May 5, 2017	-12.38% Jun 6, 2019 - Jan 27, 2020
#12	-12.57% Dec 11, 2025 - Jan 26, 2026	-11.25% Jul 5, 2016 - Feb 24, 2017
#13	-12.33% Nov 10, 2025 - Dec 5, 2025	-10.68% Dec 13, 2018 - Feb 21, 2019
#14	-11.24% Apr 1, 2016 - Jun 10, 2016	-10.25% May 11, 2000 - Jul 24, 2000
#15	-10.41% Feb 15, 2017 - Mar 20, 2017	-8.43% Aug 7, 2025 - Jan 16, 2026

Correlation

Correlation between VIAV and PNW is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (2000 - 2026)

VIAV vs PNW dividend yield comparison.

Year	VIAV	PNW
2026	0.00%	1.77%
2025	0.00%	4.05%
2024	0.00%	4.17%
2023	0.00%	4.84%
2022	0.00%	4.49%
2021	0.00%	4.73%
2020	0.00%	3.97%
2019	0.00%	3.33%
2018	0.00%	3.31%
2017	0.00%	3.12%
2016	0.00%	3.24%
2015	77.01%	3.74%
2014	0.00%	3.36%
2013	0.00%	4.16%
2012	0.00%	4.16%
2011	0.00%	4.36%
2010	0.00%	5.07%
2009	0.00%	5.74%
2008	0.00%	6.54%
2007	0.00%	4.95%
2006	0.00%	3.99%
2005	0.00%	4.66%
2004	0.00%	4.11%
2003	0.00%	4.31%
2002	0.00%	4.77%
2001	0.00%	3.64%
2000	0.00%	2.99%