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 76.16 as of 2026-10-06T17:57:01.210Z.
Consensus retrieved: 2026-10-06T12:53:37.579Z. 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: 2026-10-06T17:57:01.210Z.
Quote observation: 2026-10-06T17:55:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e1bd09804ccc6ac3b4ac6d651287d2cd2365d53458a775d7740385c56ebfad17
Forward PE Ratio (76.16) = Dated Quote Price ($84.06) / Consensus Forward EPS ($1.10)
FORWARD PE RATIO
76.16
SECTOR MEDIAN · TECHNOLOGY
23.69
median of 315 covered companies
CURRENT VS SECTOR MEDIAN
+221.49%
vs the sector median at left
IPG Photonics Corporation
Market Cap
$3.57B
Forward PE Ratio
76.16
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| IPG Photonics Corporation (IPGP) | $3.57B | 76.16 |
| monday.com Ltd. (MNDY)vs › | $3.55B | 15.29 |
| Cohu, Inc. (COHU)vs › | $3.45B | 76.99 |
| Shift4 Payments, Inc. (FOUR)vs › | $3.44B | 5.95 |
| Universal Display Corporation (OLED)vs › | $3.71B | 19.26 |
| Veeco Instruments Inc. (VECO)vs › | $3.42B | N/A |
| Life360, Inc. (LIF)vs › | $3.35B | 33.05 |
| Workiva Inc. (WK)vs › | $3.81B | N/A |
| Ouster, Inc. (OUST)vs › | $3.32B | N/A |
| Itron, Inc. (ITRI)vs › | $3.84B | 13.66 |
Trailing P/E
129.3
reported TTM EPS
Forward P/E
76.2
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.10 implies +69.2% EPS growth vs the reported trailing $0.65.
At the dated quote price of $84.06, 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 |
|---|---|---|---|---|
| 2026-12-31 | $1.10 | $1.07 – $1.20 | 7 | 76.2x |
| 2027-12-31 | $2.25 | $1.94 – $2.71 | 6 | 37.3x |
| 2028-12-31 | $3.06 | $2.92 – $3.21 | 2 | 27.4x |
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
