Which has the lower trailing P/E, COHR or TER?

TER has the lower trailing P/E: COHR trades at 70.57 and TER at 52.56. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, COHR or TER?

Over the past five years, TER grew revenue faster — COHR at a -8.01% CAGR versus TER at 6.58%.

Does COHR or TER pay a bigger dividend?

TER pays a dividend (0.13% yield), while COHR is a former payer with no current dividend run rate.

Is COHR or TER more profitable?

TER runs the higher net margin — COHR at 11.31% versus TER at 25.77%.

How have COHR and TER total returns compared?

Over the past 10 years, COHR delivered 29.61% and TER delivered 34.54% annualized total return. Past performance doesn't predict future results.

Coherent, Inc. (COHR) vs Teradyne, Inc. (TER)

A side-by-side comparison of Coherent, Inc. and Teradyne, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 21, 2026. Differences are shown without an overall score or investment verdict.

COHR

Coherent, Inc.

$56.64B

$289.52TechnologyDelayed quote: Aug 21, 2026, 4:00 PM EDT

TER

Teradyne, Inc.

$58.74B

$375.74TechnologyDelayed quote: Aug 21, 2026, 4:00 PM EDT

Total return — COHR vs TER

growth of $100 · dividends reinvested · last 10y

COHR +1257.2% (+29.8%/yr)TER +1823.7% (+34.4%/yr)TER compounded faster over this window

COHR TER

COHR vs TER: by the numbers

•TER is the larger company ($58.74B vs $56.64B market cap).
•TER trades at the lower trailing earnings multiple (52.56 vs 70.57 P/E), one valuation lens rather than an overall verdict.
•TER converts more revenue to profit (25.77% vs 11.31% net margin).
•TER grew revenue faster over the past five years (6.58% vs -8.01% CAGR).
•TER pays a dividend (0.13% yield), while COHR is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	COHR	TER
P/E ratio	70.57	52.56
Forward P/E	52.95	41.62
P/S ratio	8.24	13.53
P/B ratio	5.38	17.58
EV / EBITDA	50.59	40.99
FCF yield	N/A	1.32%

Profitability

Metric	COHR	TER
Gross margin	37.50%	59.31%
Operating margin	10.87%	21.74%
Net margin	11.31%	25.77%
ROE	7.38%	33.46%
ROIC	4.65%	30.79%

Dividends

Metric	COHR	TER
Dividend yield	N/A	0.13%
Payout ratio	N/A	14.33%

Growth (annualized)

Metric	COHR	TER
Revenue CAGR (5Y)	-8.01%	6.58%
EPS CAGR (5Y)	-13.23%	-5.86%
FCF CAGR (5Y)	-24.88%	-8.02%
Total return CAGR (5Y)	36.86%	28.04%

Frequently asked

Which has the lower trailing P/E, COHR or TER?: TER has the lower trailing P/E: COHR trades at 70.57 and TER at 52.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, COHR or TER?: Over the past five years, TER grew revenue faster — COHR at a -8.01% CAGR versus TER at 6.58%.
Does COHR or TER pay a bigger dividend?: TER pays a dividend (0.13% yield), while COHR is a former payer with no current dividend run rate.
Is COHR or TER more profitable?: TER runs the higher net margin — COHR at 11.31% versus TER at 25.77%.
How have COHR and TER total returns compared?: Over the past 10 years, COHR delivered 29.61% and TER delivered 34.54% annualized total return. Past performance doesn't predict future results.

Go deeper

Full COHR analysis Full TER analysis Interactive comparison tool

Dig into the metrics

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

Coherent & Teradyne appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest 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 August 21, 2026.