P/E ratio for IPG Photonics (IPGP)

P/E ratio history for IPG Photonics from 2006 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Coherent COHR	-37.6	-181.13%	🇺🇸 USA
LightPath Technologies LPTH	-12.2	-126.40%	🇺🇸 USA
Ciena CIEN	47.9	3.46%	🇺🇸 USA
II-VI Incorporated IIVI	16.8	-63.78%	🇺🇸 USA
Northrop Grumman NOC	17.3	-62.56%	🇺🇸 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.