IPG Photonics
IPGP
$88.40
Share price
0.18%
Change (1 day)
-23.12%
Change (1 year)
Categories
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 April 2024 : 1.69
According to IPG Photonics's latest financial reports the company has a price-to-book ratio of 1.69.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.11 | 9.06% |
| 2022-12-31 | 1.93 | -42.12% |
| 2021-12-31 | 3.34 | -27.36% |
| 2020-12-31 | 4.60 | 43.8% |
| 2019-12-31 | 3.20 | 17.63% |
| 2018-12-31 | 2.72 | -52.4% |
| 2017-12-31 | 5.71 | 69.69% |
| 2016-12-31 | 3.37 | -10.02% |
| 2015-12-31 | 3.74 | -0.23% |
| 2014-12-31 | 3.75 | -13.68% |
| 2013-12-31 | 4.34 | -5.74% |
| 2012-12-31 | 4.61 | 26.94% |
| 2011-12-31 | 3.63 | -22.6% |
| 2010-12-31 | 4.69 | 56.1% |
| 2009-12-31 | 3.00 | 23.65% |
| 2008-12-31 | 2.43 | -43.48% |
| 2007-12-31 | 4.30 | -32.6% |
| 2006-12-31 | 6.38 | |
| 2005-12-31 | N/A | |
| 2004-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Northrop Grumman NOC | 4.81 | 185.14% | 🇺🇸 USA |
 LightPath Technologies LPTH | 1.58 | -6.38% | 🇺🇸 USA |
 Coherent
COHR | 0.9374 | -44.44% | 🇺🇸 USA |
 Ciena CIEN | 2.31 | 36.65% | 🇺🇸 USA |