Start with its own history
At 40.14×, COHR is 6.2% above its 6-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · COHRHardware, Equipment & PartsUpdated Nov 5, 2026
Coherent, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
40.14×
6.2% abovethe 6-observation annual average
Share price195.09
÷Earnings per share4.86
Price and EPS in quote currency. Calculation details
Investors are paying 40.14 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 37.79×
3-year average90.89×1 positive annual observations
5-year average61.09×2 positive annual observations
10-year average37.79×6 positive annual observations
Peer median · TTM48.15×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 90.89× | N/M |
| Jun 30, 2025 | N/M | N/M |
| Jun 30, 2024 | N/M | N/M |
| Jun 30, 2023 | N/M | N/M |
| Jul 1, 2022 | 31.29× | +7.8% |
| Jun 30, 2021 | 29.04× | N/M |
| Jun 30, 2020 | N/M | N/M |
| Jun 30, 2019 | 22.14× | -28.2% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 30.82× | +36.6% |
| Jun 30, 2017 | 22.57× | +28.7% |
| Jun 30, 2016 | 17.53× | -0.2% |
| Jun 30, 2015 | 17.57× | -24.6% |
| Jun 30, 2014 | 23.32× | +12.4% |
| Jun 30, 2013 | 20.74× | +19.4% |
| Jun 30, 2012 | 17.36× | -9.8% |
| Jun 30, 2011 | 19.25× | -16.9% |
| Jun 30, 2010 | 23.16× | +29.1% |
| Jun 30, 2009 | 17.94× | +10.9% |
| Jun 30, 2008 | 16.17× | -22.7% |
| Jun 30, 2007 | 20.91× | -56.6% |
| Jun 30, 2006 | 48.16× | +109.4% |
| Jun 30, 2005 | 23.00× | -13.0% |
| Jun 30, 2004 | 26.45× | -7.0% |
| Jun 30, 2003 | 28.45× | +3.3% |
| Jun 30, 2002 | 27.54× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How COHR compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 COHR This stockCoherent, Inc. | 40.14× |
 LASRnLIGHT, Inc. | N/M |
 IPGPIPG Photonics Corporation | 73.03× |
 LITELumentum Holdings Inc. | N/M |
 BURUNuburu, Inc. | N/M |
 002008.SZHan's Laser Technology Industry Group Co., Ltd. | 21.67× |
 300776.SZWuhan DR Laser Technology Corp.,Ltd | 48.15× |
 LSRCYLasertec Corporation | 45.54× |
 NOVTNovanta Inc. | 91.34× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does COHR’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 48.15×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take COHR into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("COHR", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 195.09 ÷ EPS 4.86 = 40.14×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
COHR P/E ratio: common questions
The essentials behind the numbers.
Coherent, Inc.'s current P/E is 40.14× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.