Coherent currently trades with a PE to growth ratio of 0.14, based on Jun 23, 2026 data. Dividing the 168.68 PE ratio by the 1176.2% earnings growth rate produces this figure.
Historically, Coherent has a PEG ratio averaging 2.46 across the last ten years. At 0.14, today's PEG ratio sits 94% less than its historical average. The ten years high came in the Dec 2016 quarter at 29.41, reflecting peak valuation relative to growth. The bottom was reached in the Sep 2021 quarter at 0, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | N/A | 71.7% |
| 2024 | N/A | N/A | 37.2% |
| 2023 | N/A | N/A | -286.6% |
| 2022 | N/A | 32.45 | -37.2% |
| 2021 | 0.07 | 29.04 | 416.5% |
| 2020 | N/A | N/A | -146.7% |
| 2019 | 1.09 | 21.63 | 19.9% |
| 2018 | N/A | 30.82 | -7.2% |
| 2017 | 0.54 | 22.57 | 42.1% |
| 2016 | N/A | 17.53 | -0.9% |
| 2015 | 0.24 | 17.57 | 74.2% |
| 2014 | N/A | 23.32 | -23.5% |
| 2013 | N/A | 20.07 | -15.6% |
| 2012 | N/A | 17.36 | -27.8% |
| 2011 | 0.18 | 19.25 | 107.8% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.09 | 105.4 | 1,176.2% |
| Dec 2025 | 0.41 | 160.5 | 394.9% |
| Sep 2025 | 0.88 | 141.74 | 161.8% |
| Jun 2025 | N/A | N/A | 71.7% |
| Mar 2025 | N/A | N/A | 92.7% |
| Dec 2024 | N/A | N/A | 86.2% |
| Sep 2024 | N/A | N/A | 59.3% |
| Jun 2024 | N/A | N/A | 37.2% |
| Mar 2024 | N/A | N/A | -154% |
| Dec 2023 | N/A | N/A | -378% |
| Sep 2023 | N/A | N/A | -742.6% |
| Jun 2023 | N/A | N/A | -286.6% |
| Mar 2023 | N/A | N/A | -158.2% |
| Dec 2022 | N/A | N/A | -125.1% |
| Sep 2022 | N/A | 74.15 | -82.3% |
Measured against past performance, COHR's PEG ratio is lower than the 5 and 10-year averages.
With a PEG of 0.14, COHR stands lower than the Technology sector and the industry average. Looking at the Technology sector average of 0.74, Coherent's PEG is 81% lower.
Relative to its peer stocks IEX and IPGP, COHR's PEG ratio is lower.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| COHR Coherent Corp | 0.14 | $74.58B |
| IPGP Ipg Photonics Corp | 1.36 | $4.57B |
| IEX Idex Corp | 4.67 | $16.37B |
| LPTH Lightpath Technologies Inc | N/A | $855.19M |
COHR has a PEG ratio of 0.14, per Jun 23, 2026 data.
Historical data over a 5-year period puts COHR's average PEG ratio at 0.42.
The Dec 2016 quarter marked the ten years high at 29.41 for COHR's PEG ratio.
Compared to the 10-year average, COHR's PEG ratio stands 94% lower.
The 0.14 PEG ratio for COHR reflects robust earnings growth outpacing the current valuation.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Jun 23, 2026, Coherent has a PE ratio of 168.68. Earnings grew at 1176.2% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.14. PEG RATIO(0.14) = PE RATIO(168.68) / EPS GROWTH(1176.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.