Which has the lower trailing P/E, IPGP or OSIS?

OSIS has the lower trailing P/E: IPGP trades at 128.75 and OSIS at 22.19. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, IPGP or OSIS?

Over the past five years, OSIS grew revenue faster — IPGP at a -4.87% CAGR versus OSIS at 9.26%.

Is IPGP or OSIS more profitable?

OSIS runs the higher net margin — IPGP at 2.58% versus OSIS at 8.66%.

How have IPGP and OSIS total returns compared?

Over the past 10 years, IPGP delivered 0.03% and OSIS delivered 11.40% annualized total return. Past performance doesn't predict future results.

IPG Photonics Corporation (IPGP) vs OSI Systems, Inc. (OSIS)

A side-by-side comparison of IPG Photonics Corporation and OSI Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

IPGP

IPG Photonics Corporation

$3.55B

$83.69TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT

OSIS

OSI Systems, Inc.

$3.27B

$198.56TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — IPGP vs OSIS

growth of $100 · dividends reinvested · last 10y

IPGP -1.6% (-0.2%/yr)OSIS +194.6% (+11.4%/yr)OSIS compounded faster over this window

IPGP OSIS

IPGP vs OSIS: by the numbers

•IPGP is the larger company ($3.55B vs $3.27B market cap).
•OSIS trades at the lower trailing earnings multiple (22.19 vs 128.75 P/E), one valuation lens rather than an overall verdict.
•OSIS converts more revenue to profit (8.66% vs 2.58% net margin).
•OSIS grew revenue faster over the past five years (9.26% vs -4.87% CAGR).

Metrics side by side

Valuation

Metric	IPGP	OSIS
P/E ratio	128.75	22.19
Forward P/E	75.82	17.46
PEG ratio	N/A	1.28
P/S ratio	3.32	1.83
P/B ratio	1.67	3.93
EV / EBITDA	34.84	N/A
FCF yield	0.59%	N/A

Profitability

Metric	IPGP	OSIS
Gross margin	38.35%	33.21%
Operating margin	0.74%	12.26%
Net margin	2.58%	8.66%
ROE	1.30%	18.57%
ROIC	0.25%	8.82%

Growth (annualized)

Metric	IPGP	OSIS
Revenue CAGR (5Y)	-4.87%	9.26%
EPS CAGR (5Y)	-24.63%	16.79%
FCF CAGR (5Y)	-39.36%	17.50%
Total return CAGR (5Y)	-11.49%	15.63%

Frequently asked

Which has the lower trailing P/E, IPGP or OSIS?: OSIS has the lower trailing P/E: IPGP trades at 128.75 and OSIS at 22.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, IPGP or OSIS?: Over the past five years, OSIS grew revenue faster — IPGP at a -4.87% CAGR versus OSIS at 9.26%.
Is IPGP or OSIS more profitable?: OSIS runs the higher net margin — IPGP at 2.58% versus OSIS at 8.66%.
How have IPGP and OSIS total returns compared?: Over the past 10 years, IPGP delivered 0.03% and OSIS delivered 11.40% annualized total return. Past performance doesn't predict future results.

Go deeper

Full IPGP analysis Full OSIS analysis Interactive comparison tool

Dig into the metrics

IPG Photonics P/E ratio OSI Systems P/E ratio IPG Photonics ROE OSI Systems ROE IPG Photonics operating margin OSI Systems operating margin IPG Photonics revenue growth OSI Systems revenue growth IPG Photonics free cash flow OSI Systems free cash flow

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 October 6, 2026.