P/E ratio for Coherent (COHR)
P/E ratio as of April 2024 (TTM): -17.4
According to Coherent 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.4061. At the end of 2022 the company had a P/E ratio of -59.5.
P/E ratio history for Coherent from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -59.5 | -304.6% |
| 2021 | 29.1 | -31.1% |
| 2020 | 42.2 | -181.47% |
| 2019 | -51.8 | -382.46% |
| 2018 | 18.3 | -46.49% |
| 2017 | 34.3 | 28.3% |
| 2016 | 26.7 | 59.75% |
| 2015 | 16.7 | 11.47% |
| 2014 | 15.0 | -40.27% |
| 2013 | 25.1 | 15.72% |
| 2012 | 21.7 | 45.39% |
| 2011 | 14.9 | -33.35% |
| 2010 | 22.4 | -45.07% |
| 2009 | 40.8 | 290.82% |
| 2008 | 10.4 | -32.73% |
| 2007 | 15.5 | -70.58% |
| 2006 | 52.7 | 144.85% |
| 2005 | 21.5 | -26.02% |
| 2004 | 29.1 | -0.73% |
| 2003 | 29.3 | 5.88% |
| 2002 | 27.7 | 10.89% |
| 2001 | 25.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IDEX IEX | 27.7 | -259.19% | 🇺🇸 USA |
 IPG Photonics IPGP | 46.2 | -365.56% | 🇺🇸 USA |
 LightPath Technologies LPTH | -11.1 | -36.36% | 🇺🇸 USA |
 II-VI Incorporated
IIVI | 16.8 | -196.40% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.