Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 31.33 as of 2026-09-26T00:15:36.914Z.
Consensus retrieved: 2026-09-13T22:30:28.736Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-26T00:15:36.914Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: dfd55bd8447821d568ab90e6c8ac3c2f9bf83329f9dda6cce73ff5e48bcadaf6
Forward PE Ratio (31.33) = Dated Quote Price ($295.83) / Consensus Forward EPS ($9.44)
FORWARD PE RATIO
31.33
SECTOR MEDIAN · TECHNOLOGY
24.69
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+26.89%
vs the sector median at left
Coherent, Inc.
Market Cap
$57.88B
Forward PE Ratio
31.33
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Coherent, Inc. (COHR) | $57.88B | 31.33 |
| Nebius Group N.V. (NBIS)vs › | $56.96B | N/A |
| Garmin Ltd. (GRMN)vs › | $56.72B | 28.92 |
| NXP Semiconductors N.V. (NXPI)vs › | $60.04B | 15.78 |
| United Microelectronics Corporation (UMC)vs › | $60.64B | N/A |
| Keysight Technologies, Inc. (KEYS)vs › | $61.89B | 31.53 |
| Teradyne, Inc. (TER)vs › | $62.28B | 43.27 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.50B | 91.29 |
| Strategy Inc (MSTR)vs › | $52.47B | N/A |
| TE Connectivity plc (TEL)vs › | $63.40B | 19.11 |
Trailing P/E
72.0
reported TTM EPS
Forward P/E
31.3
consensus EPS · fiscal year ending 2027-06-30
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.44 implies +129.7% EPS growth vs the reported trailing $4.11.
At the dated quote price of $295.83, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-06-30 | $9.44 | $8.19 – $10.33 | 13 | 31.3x |
| 2028-06-30 | $14.07 | $11.69 – $17.06 | 10 | 21.0x |
| 2029-06-30 | $18.55 | $18.23 – $18.86 | 2 | 15.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
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