Question 1

What is Coherent's P/S ratio?

Accepted Answer

Coherent (COHR) P/S ratio is 8.9× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Coherent?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Coherent specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

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

Accepted Answer

Coherent's P/S ratio of 8.9× is above its own 5-year average of 2.3× and above the sector median of 5.7×. That places the current reading at the 99th 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/S ratio range?

Accepted Answer

In the available daily series, Coherent (COHR) P/S ratio has ranged from a low of 0.8× in 2023 to a high of 10.1× in 2026. The 5-year average is 2.3× and the 5-year median is 2.1×.

Question 7

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

Accepted Answer

Coherent (COHR) P/S ratio at the end of 2025 was 2.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$5.81B	2.4×	+0.0×	Jun 30, 2025
2024	$11.10B	$4.71B	2.4×	+1.0×	Jun 30, 2024
2023	$7.10B	$5.16B	1.4×	-0.4×	Jun 30, 2023
2022	$5.96B	$3.32B	1.8×	-0.8×	Jun 30, 2022
2021	$8.06B	$3.11B	2.6×	+0.8×	Jun 30, 2021
2020	$4.32B	$2.38B	1.8×	+0.1×	Jun 30, 2020
2019	$2.38B	$1.36B	1.7×	-0.6×	Jun 30, 2019
2018	$2.72B	$1.16B	2.3×	+0.1×	Jun 30, 2018
2017	$2.16B	$972.05M	2.2×	+0.8×	Jun 30, 2017
2016	$1.17B	$827.22M	1.4×	-0.2×	Jun 30, 2016
2015	$1.19B	$741.96M	1.6×	+0.3×	Jun 30, 2015
2014	$892.11M	$683.26M	1.3×	-0.6×	Jun 30, 2014
2013	$1.04B	$556.38M	1.9×	-0.1×	Jun 30, 2013
2012	$1.05B	$534.63M	2.0×	-1.2×	Jun 30, 2012
2011	$1.61B	$502.80M	3.2×	+0.5×	Jun 30, 2011
2010	$915.99M	$345.09M	2.7×	+0.4×	Jun 30, 2010
2009	$657.13M	$292.22M	2.2×	-1.0×	Jun 30, 2009
2008	$1.05B	$318.11M	3.3×	+0.2×	Jun 30, 2008
2007	$792.59M	$260.95M	3.0×	+0.8×	Jun 30, 2007
2006	$527.74M	$232.53M	2.3×	-0.5×	Jun 30, 2006
2005	$536.85M	$194.04M	2.8×	-0.2×	Jun 30, 2005
2004	$445.91M	$150.85M	3.0×	+0.4×	Jun 30, 2004
2003	$322.16M	$128.21M	2.5×	+0.8×	Jun 30, 2003
2002	$197.44M	$113.69M	1.7×	—	Jun 30, 2002


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P/S Ratio for Coherent (COHR)

P/S Ratio daily chart for Coherent (COHR)

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

About P/S Ratio at Coherent (COHR)

Coherent P/S Ratio by Year

Coherent P/S Ratio 2025: 2.4×

Coherent P/S Ratio 2024: 2.4×

Coherent P/S Ratio 2023: 1.4×

Coherent P/S Ratio 2022: 1.8×

Coherent P/S Ratio 2021: 2.6×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Coherent (COHR) Key Financials

P/S Ratio daily chart for Coherent (COHR)

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

About P/S Ratio at Coherent (COHR)

Coherent P/S Ratio by Year

Coherent P/S Ratio 2025: 2.4×

Coherent P/S Ratio 2024: 2.4×

Coherent P/S Ratio 2023: 1.4×

Coherent P/S Ratio 2022: 1.8×

Coherent P/S Ratio 2021: 2.6×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Coherent's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

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

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

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

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

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

Coherent (COHR) Key Financials