IPGP
IPG Photonics
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: IPGP
- PE Ratio
As of Aug 21, 2026, the IPG Photonics stock's price-to-earnings ratio is 112.71. This results from the current EPS of $0.65 and stock price of $73.26. The PE ratio has decreased by 23% from the past four quarters average of 146.5.
IPGP PE ratio history
The PE ratio of IPG Photonics has averaged 48.09 over the last ten years. The current P/E ratio of 112.71 is 134% higher than the historical average. In the past ten years, IPGP's PE ratio peaked in the Jun 2026 quarter at 180.49, when the stock price was $117.32 and the EPS was $0.65. The lowest point was in the Dec 2018 quarter, when it reached 15.01 with a price of $113.29 and an EPS of $7.55.
IPG Photonics PE ratio by year
Maximum annual increase: 183.94% in 2019
Maximum annual decrease: -55.71% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 98.08 | N/A | $71.6 | $0.73 |
| 2024 | N/A | N/A | $72.72 | -$4.09 |
| 2023 | 23.39 | -46.39% | $108.54 | $4.64 |
| 2022 | 43.63 | 32.05% | $94.67 | $2.17 |
| 2021 | 33.04 | -55.71% | $172.14 | $5.21 |
| 2020 | 74.6 | 75.04% | $223.79 | $3 |
| 2019 | 42.62 | 183.94% | $144.92 | $3.4 |
| 2018 | 15.01 | -54.43% | $113.29 | $7.55 |
| 2017 | 32.94 | 63.88% | $214.13 | $6.5 |
| 2016 | 20.1 | 3.72% | $98.71 | $4.91 |
| 2015 | 19.38 | -0.41% | $89.16 | $4.6 |
| 2014 | 19.46 | -24.28% | $74.92 | $3.85 |
| 2013 | 25.7 | 10.68% | $77.61 | $3.02 |
| 2012 | 23.22 | 69.99% | $66.65 | $2.87 |
| 2011 | 13.66 | -49.89% | $33.87 | $2.48 |
IPG Photonics PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 180.49 | 8.68% | $117.32 | $0.65 |
| Mar 2026 | 166.07 | 69.32% | $114.59 | $0.69 |
| Dec 2025 | 98.08 | -30.64% | $71.6 | $0.73 |
| Sep 2025 | 141.41 | N/A | $79.19 | $0.56 |
| Jun 2025 | N/A | N/A | $68.65 | -$4.95 |
| Mar 2025 | N/A | N/A | $63.14 | -$4.66 |
| Dec 2024 | N/A | N/A | $72.72 | -$4.09 |
| Sep 2024 | N/A | N/A | $74.32 | -$3.47 |
| Jun 2024 | 27.94 | 19.86% | $84.39 | $3.02 |
| Mar 2024 | 23.31 | -0.34% | $90.69 | $3.89 |
| Dec 2023 | 23.39 | -54.62% | $108.54 | $4.64 |
| Sep 2023 | 51.54 | -13.1% | $101.54 | $1.97 |
| Jun 2023 | 59.31 | -0.44% | $135.82 | $2.29 |
| Mar 2023 | 59.57 | 36.53% | $123.31 | $2.07 |
| Dec 2022 | 43.63 | 164.91% | $94.67 | $2.17 |
IPGP Price vs fair value
IPGP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
IPGP's current P/E ratio is above the 3, 5 and 10-year averages.
PE comparison
With a P/E of 112.71, IPGP stands above the Technology sector and the industry average. In comparison with its Technology sector average of 33.05, IPG Photonics's P/E is 241% higher.
IPGP PE vs peers
Frequently asked questions
What is IPG Photonics's PE ratio?
The price to earnings ratio for IPGP stock is 112.71 as of Aug 21, 2026.
What is the 3-year average PE ratio for IPG Photonics (IPGP)?
The average PE ratio for IPGP stock over the past 3 years is 89.03.
What is the 5-year average PE ratio for IPG Photonics (IPGP)?
The average PE ratio for IPGP stock over the past 5 years is 62.25.
What is the highest PE ratio for IPGP?
The highest quarterly PE ratio in the last ten years has been 180.49 and it was in the Jun 2026 quarter.
How does the current PE ratio for IPGP compare to its historical average?
IPGP's price to earnings ratio is currently 134% above its 10-year historical average.
Why is IPG Photonics's PE ratio so high?
IPGP's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is IPGP's PE ratio calculated (IPG Photonics PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Aug 21, 2026), IPG Photonics's stock price is $73.26. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $0.65. Therefore, IPG Photonics's PE ratio for today is 112.71. PE RATIO(112.71) = STOCK PRICE($73.26) / TTM EPS($0.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.