As of Jul 25, 2024, the Ipg Photonics stock's price-to-earnings ratio is 21.98. This results from the current EPS of $3.89 and stock price of $85.49. The PE ratio has decreased by 44% from the past four quarters average of 39.4.
The PE ratio of Ipg Photonics has averaged 32.66 over the last ten years. The current P/E ratio of 21.98 is 33% lower than the historical average. In the past ten years, IPGP's PE ratio peaked in the Sep 2020 quarter at 84.99, when the stock price was $169.97 and the EPS was $2. 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.
Maximum annual increase: 183.94% in 2019
Maximum annual decrease: -55.71% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.39 | -46.39% |
| 2022 | 43.63 | 32.05% |
| 2021 | 33.04 | -55.71% |
| 2020 | 74.6 | 75.04% |
| 2019 | 42.62 | 183.94% |
| 2018 | 15.01 | -54.43% |
| 2017 | 32.94 | 63.88% |
| 2016 | 20.1 | 3.72% |
| 2015 | 19.38 | -0.41% |
| 2014 | 19.46 | -24.28% |
IPGP's current P/E ratio is lower than the 3, 5 and 10-year averages.
IPGP's PE ratio stands lower than its peer stocks NOC and CIEN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IPGP Ipg Photonics Corp | 22.26 | $3.95B |
| NOC Northrop Grumman Corp | 31.17 | $70.24B |
| CIEN Ciena Corp | 48.23 | $7.21B |
| COHR Coherent Corp | N/A | $10.75B |
| LPTH Lightpath Technologies Inc | N/A | $55.88M |
The price to earnings ratio for IPGP stock is 21.98 as of Jul 25, 2024.
The average PE ratio for IPGP stock over the past 3 years is 34.72.
The average PE ratio for IPGP stock over the past 5 years is 43.35.
The highest quarterly PE ratio in the last ten years has been 84.99 and it was in the Sep 2020 quarter.
IPGP's price to earnings ratio is currently 33% below its 10-year historical average.
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 (Jul 25, 2024), Ipg Photonics's stock price is $85.49. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.89. Therefore, Ipg Photonics's PE ratio for today is 21.98. PE RATIO(21.98) = STOCK PRICE($85.49) / TTM EPS($3.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.