IPG Photonics
IPGP
#3290
Rank
C$5.04 B
Marketcap
$116.63
Share price
-2.20%
Change (1 day)
-5.37%
Change (1 year)
IPG Photonics is a manufacturer of fiber lasers.The company developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.

IPG Photonics (IPGP) - P/B ratio

P/B ratio as of November 2024 : 1.73

According to IPG Photonics's latest financial reports the company has a price-to-book ratio of 3.51983.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

IPG Photonics - P/B ratio (from 2006 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.119.06%
2022-12-311.93-42.12%
2021-12-313.34-27.36%
2020-12-314.6043.8%
2019-12-313.2017.63%
2018-12-312.72-52.4%
2017-12-315.7169.69%
2016-12-313.37-10.02%
2015-12-313.74-0.23%
2014-12-313.75-13.68%
2013-12-314.34-5.74%
2012-12-314.6126.94%
2011-12-313.63-22.6%
2010-12-314.6956.1%
2009-12-313.0023.65%
2008-12-312.43-43.48%
2007-12-314.30-32.6%
2006-12-316.38
2005-12-31N/A
2004-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
2.14 23.61%๐Ÿ‡บ๐Ÿ‡ธ USA
2.09 20.28%๐Ÿ‡บ๐Ÿ‡ธ USA
3.57 105.78%๐Ÿ‡บ๐Ÿ‡ธ USA
5.23 201.91%๐Ÿ‡บ๐Ÿ‡ธ USA