Coherent Corp. COHR

295.83 5.22 1.80% as of 25 Sep
Market cap
$58.5B
P/E
68.0×
Indexes indicate stock being part of an index

Coherent Corp. (COHR) P/B ratio

As of 25 September 2026, Coherent Corp. (COHR) trades at a P/B ratio of 4.7×. Over the past ten years it has ranged from 0.8× (May 2023) to 7.4× (June 2026); the current reading is higher than 96% of that period. That is above the Scientific & Technical Instruments industry median of 3.0× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2026 6.2× 170.33%
FY2025 2.3× 16.47%
FY2024 2.0× 27.98%
FY2023 1.5× (9.50%)
FY2022 1.7× (33.18%)
FY2021 2.6× 32.39%
FY2020 1.9× (8.12%)
FY2019 2.1× (18.77%)
FY2018 2.6× 8.42%
FY2017 2.4× 61.96%

Quarterly

Period P/B ratio Change
Jun 2026 6.2× 51.27%
Mar 2026 4.1× 18.25%
Dec 2025 3.5× 27.84%
Sep 2025 2.7× 18.21%
42 more quarters

Against its own ten years

Low 0.8× High 7.4×
Ten-year median 2.1×
Current reading's percentile 96

P/B ratio against peers

Company P/B ratio
TDY Teledyne Technologies Incorporated compare 2.6×
TRMB Trimble Inc. compare 2.6×
FTV Fortive Corporation compare 2.8×
ESE ESCO Technologies Inc. compare 4.3×
COHR Coherent Corp. 4.7×
MKSI MKS Inc. compare 5.9×
CGNX Cognex Corporation compare 6.0×
GRMN Garmin Ltd. compare 6.3×
KEYS Keysight Technologies Inc. compare 9.4×
Scientific & Technical Instruments industry median 3.0×
Technology sector median 3.0×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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