Is COHR or LITE cheaper?

On trailing earnings, LITE is cheaper: COHR trades at a 182.09 P/E and LITE at 159.52.

Which has grown faster, COHR or LITE?

Over the past five years, COHR grew revenue faster — COHR at a 16.75% CAGR versus LITE at 7.50%.

Is COHR or LITE more profitable?

LITE runs the higher net margin — COHR at 7.10% versus LITE at 17.68%.

Which has been the better investment, COHR or LITE?

Over the past 10-year, LITE delivered the higher annualized total return — COHR at 35.09% versus LITE at 42.10%. Past performance doesn't predict future results.

Coherent, Inc. (COHR) vs Lumentum Holdings Inc. (LITE)

COHR leads on 9 of 14 compared metrics, though LITE is the cheaper stock.

A side-by-side comparison of Coherent, Inc. and Lumentum Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Lumentum Holdings Inc.

$63.24B

$861.97Technology

Total return — COHR vs LITE

growth of $100 · last 11y

COHR +2074.6%LITE +4690.5%LITE compounded faster

COHR LITE

COHR vs LITE: by the numbers

•LITE is the larger company ($63.24B vs $60.35B market cap).
•LITE trades at the lower earnings multiple (159.52 vs 182.09 P/E).
•LITE converts more revenue to profit (17.68% vs 7.10% net margin).
•COHR grew revenue faster over the past five years (16.75% vs 7.50% CAGR).

Which is better, COHR or LITE?

Metric tally: COHR 9 · LITE 5

It depends on what you're optimizing for:

ValueLITE(lower P/E)

GrowthCOHR(faster 5Y revenue CAGR)

QualityCOHR(higher ROIC)

Metrics side by side

Valuation

Metric	COHR	LITE
P/E ratio	182.09	159.52●
Forward P/E	69.78●	105.12
P/S ratio	8.96●	33.32
P/B ratio	5.54●	27.89
PEG ratio	2.39	—
EV / EBITDA	55.13●	170.09
FCF yield	—	0.33%

Profitability

Metric	COHR	LITE
Gross margin	36.99%●	27.96%
Operating margin	10.28%●	-10.95%
Net margin	7.10%	17.68%●
ROE	4.39%	14.79%●
ROIC	1.31%●	0.70%

Growth (annualized)

Metric	COHR	LITE
Revenue CAGR (5Y)	16.75%●	7.50%
EPS CAGR (5Y)	0.65%●	-26.64%
FCF CAGR (5Y)	-24.88%	-7.72%●
Total return CAGR (5Y)	39.88%	58.00%●

Frequently asked

Which is better, COHR or LITE?: It depends on your goal. value: LITE (lower P/E); growth: COHR (faster 5Y revenue CAGR); quality: COHR (higher ROIC). Across all compared metrics, COHR leads 9 to 5.
Is COHR or LITE cheaper?: On trailing earnings, LITE is cheaper: COHR trades at a 182.09 P/E and LITE at 159.52.
Which has grown faster, COHR or LITE?: Over the past five years, COHR grew revenue faster — COHR at a 16.75% CAGR versus LITE at 7.50%.
Is COHR or LITE more profitable?: LITE runs the higher net margin — COHR at 7.10% versus LITE at 17.68%.
Which has been the better investment, COHR or LITE?: Over the past 10-year, LITE delivered the higher annualized total return — COHR at 35.09% versus LITE at 42.10%. Past performance doesn't predict future results.

Go deeper

Full COHR analysis Full LITE analysis Interactive comparison tool

Dig into the metrics

Coherent P/E ratio Lumentum P/E ratio Coherent dividend yield Lumentum dividend yield Coherent ROE Lumentum ROE Coherent operating margin Lumentum operating margin Coherent revenue growth Lumentum revenue growth Coherent free cash flow Lumentum free cash flow

Coherent & Lumentum appear in these rankings

Fastest Revenue Growth Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 27, 2026.