IPGP
IPG Photonics
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: IPGP
- PEG Ratio
IPG Photonics is trading with a PEG ratio of 1.07, based on Jul 31, 2026 data. Dividing the 123.28 PE ratio by the 114.8% earnings growth rate yields this valuation metric.
IPGP PEG ratio history
Historically, IPG Photonics maintains a PEG ratio averaging 1.68 across the past ten years. At 1.07, today's PEG ratio sits 36% lower than its historical average. The ten years high occurred in the Sep 2018 quarter at 7.56, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2023 quarter at 0.21, indicating optimal value relative to growth during that period.
IPG Photonics PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.83 | 98.08 | 117.8% |
| 2024 | N/A | N/A | -188.1% |
| 2023 | 0.21 | 23.39 | 113.8% |
| 2022 | N/A | 43.63 | -58.3% |
| 2021 | 0.45 | 33.04 | 73.7% |
| 2020 | N/A | 74.6 | -11.8% |
| 2019 | N/A | 42.62 | -55% |
| 2018 | 0.93 | 15.01 | 16.2% |
| 2017 | 1.02 | 32.94 | 32.4% |
| 2016 | 3 | 20.1 | 6.7% |
| 2015 | 0.99 | 19.38 | 19.5% |
| 2014 | 0.71 | 19.46 | 27.5% |
| 2013 | 4.94 | 25.7 | 5.2% |
| 2012 | 1.48 | 23.22 | 15.7% |
| 2011 | 0.12 | 13.66 | 113.8% |
IPG Photonics PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.45 | 166.07 | 114.8% |
| Dec 2025 | 0.83 | 98.08 | 117.8% |
| Sep 2025 | 1.22 | 141.41 | 116.1% |
| Jun 2025 | N/A | N/A | -263.9% |
| Mar 2025 | N/A | N/A | -219.8% |
| Dec 2024 | N/A | N/A | -188.1% |
| Sep 2024 | N/A | N/A | -276.1% |
| Jun 2024 | 0.88 | 27.94 | 31.9% |
| Mar 2024 | 0.27 | 23.31 | 87.9% |
| Dec 2023 | 0.21 | 23.39 | 113.8% |
| Sep 2023 | N/A | 51.54 | -61.5% |
| Jun 2023 | N/A | 59.31 | -54.7% |
| Mar 2023 | N/A | 59.57 | -60.6% |
| Dec 2022 | N/A | 43.63 | -58.3% |
| Sep 2022 | 4.02 | 16.47 | 4.1% |
IPGP average PEG ratio chart
IPGP's PEG ratio today is above its 3 and 5-year averages, yet it comes in under the 10-year average.
PEG comparison
With a PEG of 1.07, IPGP stands above the Technology sector average but below the industry average. In comparison with its Technology sector average of 0.74, IPG Photonics's PEG is 45% higher.
IPGP EPS growth
IPGP Price vs fair value
IPGP PEG vs peers
Among its peers, IPGP has a PEG ratio below stock NOC, while higher than CIEN's and COHR's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| COHR Coherent Corp | 0.11 | $57.01B |
| CIEN CIENA Corp | 0.39 | $55.29B |
| NOC Northrop Grumman Corp | 1.08 | $77.62B |
| IPGP IPG Photonics Corp | 1.1 | $3.7B |
| LPTH Lightpath Technologies Inc | N/A | $698.22M |
Frequently asked questions
What is IPG Photonics's PEG ratio?
IPGP's Jul 31, 2026 PEG ratio comes in at 1.07.
What is the 3-year average PEG ratio for IPG Photonics (IPGP)?
Historical data over a 3-year period places IPGP's average PEG ratio at 0.81.
What is the 5-year average PEG ratio for IPG Photonics (IPGP)?
Historical data over a 5-year period places IPGP's average PEG ratio at 0.99.
What is the highest PEG ratio for IPGP?
In the last ten years, IPGP's peak PEG ratio of 7.56 was recorded in the Sep 2018 quarter.
How does the current PEG ratio for IPGP compare to its historical average?
Compared to the 10-year average, IPGP's PEG ratio is 36% lower.
How is IPGP's PEG ratio calculated (IPG Photonics PEG ratio formula)?
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jul 31, 2026, IPG Photonics carries a P/E ratio of 123.28. Earnings grew at 114.8% over the TTM period ending Mar 2026. Applying the formula, this yields a price to earnings growth ratio of 1.07. PEG RATIO(1.07) = PE RATIO(123.28) / EPS GROWTH(114.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.