Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 128.33 is 191% above its 5-year average of 44.07, around the middle of its 5-year range (16.12–253.27).
As of 2026-10-06T17:07:29.535Z. 11.68% below its 12-month average of 145.30.
Calculation as of: 2026-10-06T17:07:29.535Z.
Quote observation: 2026-10-06T17:05:10.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e1bd09804ccc6ac3b4ac6d651287d2cd2365d53458a775d7740385c56ebfad17
PE Ratio (128.33) = Close Price ($83.41) / Diluted TTM EPS ($0.65)
PE RATIO
128.33
PE RATIO AVG TTM
145.30
PE RATIO AVG 3Y
85.39
PE RATIO AVG 5Y
44.07
PE RATIO AVG 10Y
35.80
PE RATIO AVG 15Y
27.24
PE RATIO AVG 20Y
30.28
CURRENT VS TTM AVG
-11.68%
CURRENT VS 3Y AVG
+50.30%
CURRENT VS 5Y AVG
+191.20%
CURRENT VS 10Y AVG
+258.47%
CURRENT VS 15Y AVG
+371.14%
CURRENT VS 20Y AVG
+323.76%
SECTOR MEDIAN · TECHNOLOGY
35.02
median of 287 covered companies
CURRENT VS SECTOR MEDIAN
+266.45%
vs the sector median at left
IPG Photonics Corporation
Market Cap
$3.54B
PE Ratio
128.33
TTM Avg
145.30
3Y Avg
85.39
5Y Avg
44.07
Market Cap
$3.69B
PE Ratio
19.44
TTM Avg
22.09
3Y Avg
31.34
5Y Avg
32.34
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IPG Photonics Corporation (IPGP) | $3.54B | 128.33 | 145.30 | 85.39 | 44.07 |
| monday.com Ltd. (MNDY)vs › | $3.58B | 36.09 | 78.59 | 294.67 | 294.67 |
| Shift4 Payments, Inc. (FOUR)vs › | $3.49B | N/A | 41.07 | 62.05 | 62.05 |
| Cohu, Inc. (COHU)vs › | $3.43B | N/A | 30.90 | 22.23 | 22.23 |
| Veeco Instruments Inc. (VECO)vs › | $3.42B | 154.49 | 87.73 | 48.68 | 44.16 |
| Universal Display Corporation (OLED)vs › | $3.69B | 19.44 | 22.09 | 31.34 | 32.34 |
| Life360, Inc. (LIF)vs › | $3.35B | 23.88 | 100.94 | 225.79 | 225.79 |
| Ouster, Inc. (OUST)vs › | $3.31B | N/A | N/A | N/A | N/A |
| OSI Systems, Inc. (OSIS)vs › | $3.26B | 22.13 | 28.14 | 24.54 | 21.94 |
| Workiva Inc. (WK)vs › | $3.82B | 85.63 | 167.45 | 167.45 | 167.45 |
At 128.3, P/E is above its 20-year median — higher than 96% of readings in its 20-year history.
20-year low
8.7
median
24.3
20-year high
253.3
Trailing P/E
128.3
Forward P/E
75.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$83.41
Forward EPS (Est.)
$1.10
Forward P/E
75.57
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-10-05 | 128.62 |
| 2026-10-02 | 129.31 |
| 2026-10-01 | 128.71 |
| 2026-09-30 | 120.43 |
| 2026-09-29 | 120.80 |
| 2026-09-28 | 118.82 |
| 2026-09-25 | 120.18 |
| 2026-09-24 | 119.11 |
| 2026-09-23 | 118.74 |
| 2026-09-22 | 120.31 |
| 2026-09-21 | 119.62 |
| 2026-09-18 | 117.77 |
| 2026-09-17 | 117.11 |
| 2026-09-16 | 118.40 |
| 2026-09-15 | 115.60 |
| 2026-09-14 | 115.23 |
| 2026-09-11 | 123.06 |
| 2026-09-10 | 120.51 |
| 2026-09-09 | 123.52 |
| 2026-09-08 | 122.40 |
| 2026-09-04 | 120.00 |
| 2026-09-03 | 117.63 |
| 2026-09-02 | 117.66 |
| 2026-09-01 | 115.69 |
| 2026-08-31 | 117.05 |
| 2026-08-28 | 117.74 |
| 2026-08-27 | 118.85 |
| 2026-08-26 | 114.17 |
| 2026-08-25 | 110.35 |
| 2026-08-24 | 108.83 |
| 2026-08-21 | 112.71 |
| 2026-08-20 | 114.51 |
| 2026-08-19 | 117.80 |
| 2026-08-18 | 125.09 |
| 2026-08-17 | 135.54 |
| 2026-08-14 | 131.98 |
| 2026-08-13 | 129.14 |
| 2026-08-12 | 134.32 |
| 2026-08-11 | 132.00 |
| 2026-08-10 | 130.60 |
| 2026-08-07 | 138.82 |
| 2026-08-06 | 133.38 |
| 2026-08-05 | 141.15 |
| 2026-08-04 | 136.33 |
| 2026-08-03 | 126.38 |
| 2026-07-31 | 123.28 |
| 2026-07-30 | 123.04 |
| 2026-07-29 | 116.25 |
| 2026-07-28 | 121.77 |
| 2026-07-27 | 130.00 |
| 2026-07-24 | 132.90 |
| 2026-07-23 | 139.80 |
| 2026-07-22 | 141.80 |
| 2026-07-21 | 148.97 |
| 2026-07-20 | 141.88 |
| 2026-07-17 | 151.20 |
| 2026-07-16 | 149.80 |
| 2026-07-15 | 156.39 |
| 2026-07-14 | 154.32 |
| 2026-07-13 | 151.78 |
| 2026-07-10 | 156.13 |
| 2026-07-09 | 156.57 |
| 2026-07-08 | 148.23 |
| 2026-07-07 | 140.00 |
| 2026-07-06 | 151.74 |
| 2026-07-02 | 152.57 |
| 2026-07-01 | 165.81 |
| 2026-06-30 | 170.03 |
| 2026-06-29 | 160.71 |
| 2026-06-26 | 155.35 |
| 2026-06-25 | 159.75 |
| 2026-06-24 | 156.12 |
| 2026-06-23 | 156.01 |
| 2026-06-22 | 171.01 |
| 2026-06-18 | 171.03 |
| 2026-06-17 | 164.70 |
| 2026-06-16 | 167.07 |
| 2026-06-15 | 173.93 |
| 2026-06-12 | 166.16 |
| 2026-06-11 | 161.14 |
| 2026-06-10 | 150.83 |
| 2026-06-09 | 154.16 |
| 2026-06-08 | 161.26 |
| 2026-06-05 | 155.61 |
| 2026-06-04 | 177.55 |
| 2026-06-03 | 176.26 |
| 2026-06-02 | 176.75 |
| 2026-06-01 | 166.90 |
| 2026-05-29 | 165.97 |
| 2026-05-28 | 170.07 |
| 2026-05-27 | 169.55 |
| 2026-05-26 | 173.65 |
| 2026-05-22 | 172.46 |
| 2026-05-21 | 174.67 |
| 2026-05-20 | 175.23 |
| 2026-05-19 | 164.25 |
| 2026-05-18 | 154.13 |
| 2026-05-15 | 148.93 |
| 2026-05-14 | 152.32 |
| 2026-05-13 | 154.49 |
| 2026-05-12 | 148.71 |
| 2026-05-11 | 149.97 |
| 2026-05-08 | 151.43 |
| 2026-05-07 | 147.14 |
| 2026-05-06 | 147.74 |
| 2026-05-05 | 123.14 |
| 2026-05-04 | 165.83 |
| 2026-05-01 | 166.56 |
| 2026-04-30 | 161.20 |
| 2026-04-29 | 153.53 |
| 2026-04-28 | 152.31 |
| 2026-04-27 | 158.15 |
| 2026-04-24 | 168.84 |
| 2026-04-23 | 167.49 |
| 2026-04-22 | 168.78 |
| 2026-04-21 | 167.90 |
| 2026-04-20 | 170.64 |
| 2026-04-17 | 169.47 |
| 2026-04-16 | 163.63 |
| 2026-04-15 | 164.46 |
| 2026-04-14 | 168.97 |
| 2026-04-13 | 172.59 |
| 2026-04-10 | 172.59 |
| 2026-04-09 | 168.61 |
| 2026-04-08 | 163.06 |
| 2026-04-07 | 153.33 |
| 2026-04-06 | 149.65 |
| 2026-04-02 | 154.45 |
| 2026-04-01 | 156.55 |
| 2026-03-31 | 155.33 |
| 2026-03-30 | 145.98 |
| 2026-03-27 | 156.84 |
| 2026-03-26 | 160.91 |
| 2026-03-25 | 172.17 |
| 2026-03-24 | 170.39 |
| 2026-03-23 | 161.52 |
| 2026-03-20 | 156.38 |
| 2026-03-19 | 166.44 |
| 2026-03-18 | 158.07 |
| 2026-03-17 | 156.57 |
| 2026-03-16 | 155.46 |
| 2026-03-13 | 150.40 |
| 2026-03-12 | 148.60 |
| 2026-03-11 | 163.39 |
| 2026-03-10 | 157.88 |
| 2026-03-09 | 165.23 |
| 2026-03-06 | 163.62 |
| 2026-03-05 | 171.84 |
| 2026-03-04 | 175.23 |
| 2026-03-03 | 178.49 |
| 2026-03-02 | 183.19 |
| 2026-02-27 | 178.35 |
| 2026-02-26 | 175.50 |
| 2026-02-25 | 188.22 |
| 2026-02-24 | 178.53 |
| 2026-02-23 | 221.46 |
| 2026-02-20 | 219.88 |
| 2026-02-19 | 213.97 |
| 2026-02-18 | 227.55 |
| 2026-02-17 | 221.92 |
| 2026-02-13 | 253.27 |
| 2026-02-12 | 247.24 |
| 2026-02-11 | 182.49 |
| 2026-02-10 | 182.13 |
| 2026-02-09 | 183.22 |
| 2026-02-06 | 180.37 |
| 2026-02-05 | 163.40 |
| 2026-02-04 | 164.37 |
| 2026-02-03 | 162.78 |
| 2026-02-02 | 155.59 |
| 2026-01-30 | 152.07 |
| 2026-01-29 | 152.66 |
| 2026-01-28 | 152.11 |
| 2026-01-27 | 149.14 |
| 2026-01-26 | 144.76 |
| 2026-01-23 | 142.24 |
| 2026-01-22 | 142.36 |
| 2026-01-21 | 140.61 |
| 2026-01-20 | 129.60 |
| 2026-01-16 | 134.52 |
| 2026-01-15 | 131.69 |
| 2026-01-14 | 127.60 |
| 2026-01-13 | 126.33 |
| 2026-01-12 | 125.26 |
| 2026-01-09 | 125.29 |
| 2026-01-08 | 124.65 |
| 2026-01-07 | 126.16 |
| 2026-01-06 | 130.77 |
| 2026-01-05 | 126.46 |
| 2026-01-02 | 123.15 |
| 2025-12-31 | 117.82 |
| 2025-12-30 | 119.85 |
| 2025-12-29 | 119.99 |
| 2025-12-26 | 123.71 |
| 2025-12-24 | 122.91 |
| 2025-12-23 | 122.61 |
| 2025-12-22 | 123.75 |
| 2025-12-19 | 124.83 |
| 2025-12-18 | 123.70 |
| 2025-12-17 | 123.04 |
| 2025-12-16 | 126.74 |
| 2025-12-15 | 127.99 |
| 2025-12-12 | 126.90 |
| 2025-12-11 | 135.76 |
| 2025-12-10 | 140.68 |
| 2025-12-09 | 138.88 |
| 2025-12-08 | 134.03 |
| 2025-12-05 | 134.80 |
| 2025-12-04 | 136.35 |
| 2025-12-03 | 135.92 |
| 2025-12-02 | 133.88 |
| 2025-12-01 | 130.62 |
| 2025-11-28 | 131.05 |
| 2025-11-26 | 129.19 |
| 2025-11-25 | 127.71 |
| 2025-11-24 | 126.03 |
| 2025-11-21 | 123.35 |
| 2025-11-20 | 119.24 |
| 2025-11-19 | 124.80 |
| 2025-11-18 | 124.72 |
| 2025-11-17 | 125.88 |
| 2025-11-14 | 131.13 |
| 2025-11-13 | 134.39 |
| 2025-11-12 | 140.13 |
| 2025-11-11 | 142.34 |
| 2025-11-10 | 142.46 |
| 2025-11-07 | 144.71 |
| 2025-11-06 | 147.69 |
| 2025-11-05 | 146.37 |
| 2024-10-29 | 28.16 |
| 2024-10-28 | 26.25 |
| 2024-10-25 | 25.44 |
| 2024-10-24 | 25.14 |
| 2024-10-23 | 24.75 |
| 2024-10-22 | 24.71 |
| 2024-10-21 | 24.75 |
| 2024-10-18 | 25.03 |
| 2024-10-17 | 24.95 |
| 2024-10-16 | 24.71 |
| 2024-10-15 | 24.88 |
| 2024-10-14 | 25.24 |
| 2024-10-11 | 25.04 |
| 2024-10-10 | 24.54 |
| 2024-10-09 | 24.77 |
| 2024-10-08 | 24.65 |
| 2024-10-07 | 24.26 |
| 2024-10-04 | 24.64 |
| 2024-10-03 | 23.97 |
| 2024-10-02 | 24.23 |
| 2024-10-01 | 23.79 |
| 2024-09-30 | 24.61 |
| 2024-09-27 | 24.80 |
| 2024-09-26 | 24.68 |
| 2024-09-25 | 23.31 |
| 2024-09-24 | 23.56 |
| 2024-09-23 | 23.32 |
| 2024-09-20 | 23.26 |
| 2024-09-19 | 23.47 |
| 2024-09-18 | 22.82 |
| 2024-09-17 | 22.78 |
Showing the most recent 260 of 4,728 data points. The chart above shows the full history.
