Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 36.62 is 91% above its estimated 5-year average of 19.15, around the middle of its estimated 5-year range (8.57–93.15).
As of 2026-10-06T15:51:51.489Z. 28.25% below its estimated 12-month average of 51.03.
Calculation as of: 2026-10-06T15:51:51.489Z.
Quote observation: 2026-10-06T15:50:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e1bd09804ccc6ac3b4ac6d651287d2cd2365d53458a775d7740385c56ebfad17
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PRICE/OCF RATIO
36.62
PRICE/OCF RATIO AVG TTM
51.03
PRICE/OCF RATIO AVG 3Y
18.30
PRICE/OCF RATIO AVG 5Y
19.15
PRICE/OCF RATIO AVG 10Y
23.07
PRICE/OCF RATIO AVG 15Y
22.92
PRICE/OCF RATIO AVG 20Y
22.86
CURRENT VS TTM AVG
-28.25%
CURRENT VS 3Y AVG
+100.12%
CURRENT VS 5Y AVG
+91.22%
CURRENT VS 10Y AVG
+58.77%
CURRENT VS 15Y AVG
+59.75%
CURRENT VS 20Y AVG
+60.18%
SECTOR MEDIAN · TECHNOLOGY
19.68
median of 336 covered companies
CURRENT VS SECTOR MEDIAN
+86.08%
vs the sector median at left
IPG Photonics Corporation
Market Cap
$3.53B
Price/OCF Ratio
36.62
TTM Avg
51.03
3Y Avg
18.30
5Y Avg
19.15
Market Cap
$3.49B
Price/OCF Ratio
5.89
TTM Avg
7.37
3Y Avg
11.26
5Y Avg
27.57
Market Cap
$3.68B
Price/OCF Ratio
14.02
TTM Avg
21.28
3Y Avg
36.52
5Y Avg
38.14
Market Cap
$3.39B
Price/OCF Ratio
33.92
TTM Avg
37.48
3Y Avg
31.27
5Y Avg
25.56
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IPG Photonics Corporation (IPGP) | $3.53B | 36.62 | 51.03 | 18.30 | 19.15 |
| Shift4 Payments, Inc. (FOUR)vs › | $3.49B | 5.89 | 7.37 | 11.26 | 27.57 |
| monday.com Ltd. (MNDY)vs › | $3.59B | 11.25 | 15.85 | 36.22 | 174.63 |
| Cohu, Inc. (COHU)vs › | $3.44B | 73.91 | 51.20 | 77.11 | 50.78 |
| Universal Display Corporation (OLED)vs › | $3.68B | 14.02 | 21.28 | 36.52 | 38.14 |
| Veeco Instruments Inc. (VECO)vs › | $3.39B | 33.92 | 37.48 | 31.27 | 25.56 |
| Life360, Inc. (LIF)vs › | $3.37B | 33.60 | 69.65 | 101.26 | 101.26 |
| Ouster, Inc. (OUST)vs › | $3.31B | N/A | N/A | N/A | N/A |
| Wix.com Ltd. (WIX)vs › | $3.79B | 8.27 | 8.09 | 20.44 | 147.99 |
| OSI Systems, Inc. (OSIS)vs › | $3.26B | N/A | N/A | N/A | N/A |
P/OCF Ratio
36.6
P/FCF Ratio
169.8
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 37.20 |
| 2026-10-02 | 37.40 |
| 2026-10-01 | 37.23 |
| 2026-09-30 | 34.83 |
| 2026-09-29 | 34.94 |
| 2026-09-28 | 34.36 |
| 2026-09-25 | 34.76 |
| 2026-09-24 | 34.45 |
| 2026-09-23 | 34.34 |
| 2026-09-22 | 34.80 |
| 2026-09-21 | 34.60 |
| 2026-09-18 | 34.06 |
| 2026-09-17 | 33.87 |
| 2026-09-16 | 34.24 |
| 2026-09-15 | 33.43 |
| 2026-09-14 | 33.33 |
| 2026-09-11 | 35.59 |
| 2026-09-10 | 34.85 |
| 2026-09-09 | 35.73 |
| 2026-09-08 | 35.40 |
| 2026-09-04 | 34.71 |
| 2026-09-03 | 34.02 |
| 2026-09-02 | 34.03 |
| 2026-09-01 | 33.46 |
| 2026-08-31 | 33.85 |
| 2026-08-28 | 34.05 |
| 2026-08-27 | 34.37 |
| 2026-08-26 | 33.02 |
| 2026-08-25 | 31.92 |
| 2026-08-24 | 31.48 |
| 2026-08-21 | 32.60 |
| 2026-08-20 | 33.12 |
| 2026-08-19 | 34.07 |
| 2026-08-18 | 36.18 |
| 2026-08-17 | 39.20 |
| 2026-08-14 | 38.17 |
| 2026-08-13 | 37.35 |
| 2026-08-12 | 38.85 |
| 2026-08-11 | 38.18 |
| 2026-08-10 | 37.77 |
| 2026-08-07 | 40.15 |
| 2026-08-06 | 38.58 |
| 2026-08-05 | 40.83 |
| 2026-08-04 | 71.53 |
| 2026-08-03 | 66.30 |
| 2026-07-31 | 64.68 |
| 2026-07-30 | 64.56 |
| 2026-07-29 | 60.99 |
| 2026-07-28 | 63.89 |
| 2026-07-27 | 68.20 |
| 2026-07-24 | 69.73 |
| 2026-07-23 | 73.34 |
| 2026-07-22 | 74.39 |
| 2026-07-21 | 78.16 |
| 2026-07-20 | 74.44 |
| 2026-07-17 | 79.33 |
| 2026-07-16 | 78.59 |
| 2026-07-15 | 82.05 |
| 2026-07-14 | 80.96 |
| 2026-07-13 | 79.63 |
| 2026-07-10 | 81.91 |
| 2026-07-09 | 82.14 |
| 2026-07-08 | 77.77 |
| 2026-07-07 | 73.45 |
| 2026-07-06 | 79.61 |
| 2026-07-02 | 80.04 |
| 2026-07-01 | 86.99 |
| 2026-06-30 | 89.21 |
| 2026-06-29 | 84.32 |
| 2026-06-26 | 81.50 |
| 2026-06-25 | 83.82 |
| 2026-06-24 | 81.91 |
| 2026-06-23 | 81.85 |
| 2026-06-22 | 89.72 |
| 2026-06-18 | 89.73 |
| 2026-06-17 | 86.41 |
| 2026-06-16 | 87.65 |
| 2026-06-15 | 91.25 |
| 2026-06-12 | 87.18 |
| 2026-06-11 | 84.55 |
| 2026-06-10 | 79.13 |
| 2026-06-09 | 80.88 |
| 2026-06-08 | 84.61 |
| 2026-06-05 | 81.64 |
| 2026-06-04 | 93.15 |
| 2026-06-03 | 92.48 |
| 2026-06-02 | 92.73 |
| 2026-06-01 | 87.56 |
| 2026-05-29 | 87.08 |
| 2026-05-28 | 89.23 |
| 2026-05-27 | 88.96 |
| 2026-05-26 | 91.11 |
| 2026-05-22 | 90.48 |
| 2026-05-21 | 91.64 |
| 2026-05-20 | 91.94 |
| 2026-05-19 | 86.17 |
| 2026-05-18 | 80.86 |
| 2026-05-15 | 78.14 |
| 2026-05-14 | 79.91 |
| 2026-05-13 | 81.05 |
| 2026-05-12 | 78.02 |
| 2026-05-11 | 78.68 |
| 2026-05-08 | 79.45 |
| 2026-05-07 | 77.20 |
| 2026-05-06 | 77.51 |
| 2026-05-05 | 51.39 |
| 2026-05-04 | 69.20 |
| 2026-05-01 | 69.50 |
| 2026-04-30 | 67.27 |
| 2026-04-29 | 64.07 |
| 2026-04-28 | 63.56 |
| 2026-04-27 | 66.00 |
| 2026-04-24 | 70.45 |
| 2026-04-23 | 69.89 |
| 2026-04-22 | 70.43 |
| 2026-04-21 | 70.06 |
| 2026-04-20 | 71.21 |
| 2026-04-17 | 70.72 |
| 2026-04-16 | 68.28 |
| 2026-04-15 | 68.63 |
| 2026-04-14 | 70.51 |
| 2026-04-13 | 72.02 |
| 2026-04-10 | 72.02 |
| 2026-04-09 | 70.36 |
| 2026-04-08 | 68.04 |
| 2026-04-07 | 63.98 |
| 2026-04-06 | 62.45 |
| 2026-04-02 | 64.45 |
| 2026-04-01 | 65.33 |
| 2026-03-31 | 64.82 |
| 2026-03-30 | 60.92 |
| 2026-03-27 | 65.45 |
| 2026-03-26 | 67.15 |
| 2026-03-25 | 71.85 |
| 2026-03-24 | 71.10 |
| 2026-03-23 | 67.40 |
| 2026-03-20 | 65.26 |
| 2026-03-19 | 69.45 |
| 2026-03-18 | 65.96 |
| 2026-03-17 | 65.34 |
| 2026-03-16 | 64.87 |
| 2026-03-13 | 62.76 |
| 2026-03-12 | 62.01 |
| 2026-03-11 | 68.18 |
| 2026-03-10 | 65.88 |
| 2026-03-09 | 68.95 |
| 2026-03-06 | 68.28 |
| 2026-03-05 | 71.71 |
| 2026-03-04 | 73.12 |
| 2026-03-03 | 74.48 |
| 2026-03-02 | 76.44 |
| 2026-02-27 | 74.43 |
| 2026-02-26 | 73.24 |
| 2026-02-25 | 78.54 |
| 2026-02-24 | 74.50 |
| 2026-02-23 | 47.60 |
| 2026-02-20 | 47.26 |
| 2026-02-19 | 45.99 |
| 2026-02-18 | 48.91 |
| 2026-02-17 | 47.70 |
| 2026-02-13 | 54.44 |
| 2026-02-12 | 53.14 |
| 2026-02-11 | 39.22 |
| 2026-02-10 | 39.15 |
| 2026-02-09 | 39.38 |
| 2026-02-06 | 38.77 |
| 2026-02-05 | 35.12 |
| 2026-02-04 | 35.33 |
| 2026-02-03 | 34.99 |
| 2026-02-02 | 33.44 |
| 2026-01-30 | 32.69 |
| 2026-01-29 | 32.81 |
| 2026-01-28 | 32.70 |
| 2026-01-27 | 32.06 |
| 2026-01-26 | 31.11 |
| 2026-01-23 | 30.57 |
| 2026-01-22 | 30.60 |
| 2026-01-21 | 30.22 |
| 2026-01-20 | 27.86 |
| 2026-01-16 | 28.91 |
| 2026-01-15 | 28.31 |
| 2026-01-14 | 27.43 |
| 2026-01-13 | 27.15 |
| 2026-01-12 | 26.92 |
| 2026-01-09 | 26.93 |
| 2026-01-08 | 26.79 |
| 2026-01-07 | 27.12 |
| 2026-01-06 | 28.11 |
| 2026-01-05 | 27.18 |
| 2026-01-02 | 26.47 |
| 2025-12-31 | 25.32 |
| 2025-12-30 | 25.76 |
| 2025-12-29 | 25.79 |
| 2025-12-26 | 26.59 |
| 2025-12-24 | 26.42 |
| 2025-12-23 | 26.35 |
| 2025-12-22 | 26.60 |
| 2025-12-19 | 26.83 |
| 2025-12-18 | 26.59 |
| 2025-12-17 | 26.45 |
| 2025-12-16 | 27.24 |
| 2025-12-15 | 27.51 |
| 2025-12-12 | 27.28 |
| 2025-12-11 | 29.18 |
| 2025-12-10 | 30.24 |
| 2025-12-09 | 29.85 |
| 2025-12-08 | 28.81 |
| 2025-12-05 | 28.97 |
| 2025-12-04 | 29.31 |
| 2025-12-03 | 29.22 |
| 2025-12-02 | 28.78 |
| 2025-12-01 | 28.08 |
| 2025-11-28 | 28.17 |
| 2025-11-26 | 27.77 |
| 2025-11-25 | 27.45 |
| 2025-11-24 | 27.09 |
| 2025-11-21 | 26.51 |
| 2025-11-20 | 25.63 |
| 2025-11-19 | 26.82 |
| 2025-11-18 | 26.81 |
| 2025-11-17 | 27.06 |
| 2025-11-14 | 28.19 |
| 2025-11-13 | 28.89 |
| 2025-11-12 | 30.12 |
| 2025-11-11 | 30.59 |
| 2025-11-10 | 30.62 |
| 2025-11-07 | 31.10 |
| 2025-11-06 | 31.74 |
| 2025-11-05 | 31.46 |
| 2025-11-04 | 23.67 |
| 2025-11-03 | 24.21 |
| 2025-10-31 | 23.99 |
| 2025-10-30 | 23.71 |
| 2025-10-29 | 24.34 |
| 2025-10-28 | 24.52 |
| 2025-10-27 | 24.55 |
| 2025-10-24 | 24.41 |
| 2025-10-23 | 24.42 |
| 2025-10-22 | 24.07 |
| 2025-10-21 | 24.82 |
| 2025-10-20 | 24.58 |
| 2025-10-17 | 23.90 |
| 2025-10-16 | 24.36 |
| 2025-10-15 | 24.30 |
| 2025-10-14 | 23.45 |
| 2025-10-13 | 23.45 |
| 2025-10-10 | 22.74 |
| 2025-10-09 | 24.43 |
| 2025-10-08 | 24.74 |
| 2025-10-07 | 23.99 |
| 2025-10-06 | 24.85 |
| 2025-10-03 | 23.86 |
| 2025-10-02 | 22.90 |
| 2025-10-01 | 22.41 |
| 2025-09-30 | 22.32 |
| 2025-09-29 | 22.23 |
| 2025-09-26 | 22.67 |
| 2025-09-25 | 22.34 |
| 2025-09-24 | 22.33 |
| 2025-09-23 | 23.06 |
Showing the most recent 260 of 4,816 data points. The chart above shows the full history.
