Question 1

What is Coherent's P/E ratio?

Accepted Answer

Coherent (COHR) P/E ratio is 125.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Coherent?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Coherent specifically, the relevant sector benchmark is the current sector median of 29.6×.

Question 5

Is Coherent's P/E ratio high or low?

Accepted Answer

Coherent's P/E ratio of 125.0× is above its own 5-year average of 119.7× and above the sector median of 29.6×. That places the current reading at the 62th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Coherent's historical P/E ratio range?

Accepted Answer

In the available daily series, Coherent (COHR) P/E ratio has ranged from a low of 10.5× in 2008 to a high of 796.5× in 2020. The 5-year average is 119.7× and the 5-year median is 67.0×.

Question 7

What was Coherent's P/E ratio in 2025?

Accepted Answer

Coherent (COHR) P/E ratio at the end of 2025 was 281.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Coherent's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$13.87B	$49.36M	281.0×	—	Jun 30, 2025
2024	$11.10B	−$156.15M	—	—	Jun 30, 2024
2023	$7.10B	−$259.46M	—	—	Jun 30, 2023
2022	$5.96B	$234.76M	25.4×	-1.7×	Jun 30, 2022
2021	$8.06B	$297.55M	27.1×	—	Jun 30, 2021
2020	$4.32B	−$67.03M	—	—	Jun 30, 2020
2019	$2.38B	$107.52M	22.2×	-8.7×	Jun 30, 2019
2018	$2.72B	$88.00M	30.9×	+8.1×	Jun 30, 2018
2017	$2.16B	$95.27M	22.7×	+4.8×	Jun 30, 2017
2016	$1.17B	$65.49M	17.9×	-0.2×	Jun 30, 2016
2015	$1.19B	$65.97M	18.0×	-5.2×	Jun 30, 2015
2014	$892.11M	$38.45M	23.2×	+2.6×	Jun 30, 2014
2013	$1.04B	$50.81M	20.6×	+3.1×	Jun 30, 2013
2012	$1.05B	$60.31M	17.4×	-2.0×	Jun 30, 2012
2011	$1.61B	$82.68M	19.4×	-4.3×	Jun 30, 2011
2010	$915.99M	$38.58M	23.7×	+5.9×	Jun 30, 2010
2009	$657.13M	$36.78M	17.9×	+1.6×	Jun 30, 2009
2008	$1.05B	$64.27M	16.3×	-4.6×	Jun 30, 2008
2007	$792.59M	$37.97M	20.9×	-28.0×	Jun 30, 2007
2006	$527.74M	$10.79M	48.9×	+26.6×	Jun 30, 2006
2005	$536.85M	$24.12M	22.3×	-3.5×	Jun 30, 2005
2004	$445.91M	$17.34M	25.7×	-2.0×	Jun 30, 2004
2003	$322.16M	$11.62M	27.7×	+0.5×	Jun 30, 2003
2002	$197.44M	$7.26M	27.2×	—	Jun 30, 2002


NXP Semiconductors (NXPI)	17.9×
Uber (UBER)	17.3×
Broadridge Financial Solutions (BR)	17.2×
NetApp (NTAP)	16.8×
Accenture (ACN)	16.8×
Corpay (CPAY)	16.7×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Adobe (ADBE)	14.9×
CDW (CDW)	14.5×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Lyft (LYFT)	1.8×

P/E Ratio for Coherent (COHR)

P/E Ratio daily chart for Coherent (COHR)

Historical P/E Ratio for Coherent (COHR) from 2002 to 2025

About P/E Ratio at Coherent (COHR)

Coherent P/E Ratio by Year

Coherent P/E Ratio 2025: 281.0×

Coherent P/E Ratio 2022: 25.4×

Coherent P/E Ratio 2021: 27.1×

Coherent P/E Ratio 2019: 22.2×

Coherent P/E Ratio 2018: 30.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Coherent (COHR) Key Financials

P/E Ratio daily chart for Coherent (COHR)

Historical P/E Ratio for Coherent (COHR) from 2002 to 2025

About P/E Ratio at Coherent (COHR)

Coherent P/E Ratio by Year

Coherent P/E Ratio 2025: 281.0×

Coherent P/E Ratio 2022: 25.4×

Coherent P/E Ratio 2021: 27.1×

Coherent P/E Ratio 2019: 22.2×

Coherent P/E Ratio 2018: 30.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Coherent's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Coherent?

+Is Coherent's P/E ratio high or low?

+What is Coherent's historical P/E ratio range?

+What was Coherent's P/E ratio in 2025?

+Why does Coherent's P/E ratio change over time?

Coherent (COHR) Key Financials