IPG PhotonicsIPGP -2.75%79 PS Ratio is 4.40 as of Jun. 28, 2026, which is 13% below its 10-year median of 5.07. GuruFocus rates IPGP with a GF Score™ of 79/100 and a GF Value™ of $84.97 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,020 Semiconductors companies, IPG Photonics ranks worse than 50.29% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, IPG Photonics's share price is $107.45.
IPG Photonics's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $24.41. Hence, IPG Photonics's PS Ratio for today is 4.40.
The historical rank and industry rank for IPG Photonics's PS Ratio or its related term are showing as below:
IPGP'
s PS Ratio Range Over the Past 10 Years
Min: 2.38 Med: 5.07 Max: 11.32
Current: 4.4
During the past 13 years, IPG Photonics's highest PS Ratio was 11.32. The lowest was 2.38. And the median was 5.07.
IPGP's PS Ratio is ranked worse than 50.29% of 1020
companies
in the Semiconductors industry
Industry Median: 4.355
vs IPGP: 4.40
IPG Photonics Corp revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of IPG Photonics was 11.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -5.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -1.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.50% per year.
During the past 13 years, IPG Photonics's highest 3-Year average Revenue per Share Growth Rate was 70.10% per year. The lowest was -6.60% per year. And the median was 14.95% per year.
Back to Basics: PS Ratio
IPG Photonics (NAS:IPGP) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
IPG Photonics PS Ratio Related Terms
IPG Photonics PS Ratio Historical Data
* Premium members only.
The historical data trend for IPG Photonics's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IPG Photonics PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's PS Ratio distribution charts can be found below:
* The bar in red indicates where IPG Photonics's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
IPG Photonics's Share Price of today is $107.45. IPG Photonics's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.41.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
IPG Photonics (IPGP) has a PS Ratio of 4.40 as of Jun. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on IPG Photonics and its competitors. This is 13% below median its historical median of 5.07. Over the past decade, IPG Photonics' PS Ratio has ranged from 2.38 to 11.32. According to the industry distribution chart, IPG Photonics ranks #513 out of 1020 companies in the Semiconductors industry, placing it in the top 50.3%.
Is IPG Photonics' PS Ratio too high?
IPG Photonics' current PS Ratio of 4.40 is 13% below median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 11.32. The Semiconductors industry median PS Ratio is 4.36. IPG Photonics' value of 4.40 is 1% above this industry median. Based on the distribution chart, IPG Photonics ranks #513 out of 1020 companies in the Semiconductors industry, which is below the industry midpoint. Overall, IPG Photonics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' PS Ratio compare to ACLS and KLIC?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #513 out of 1020 companies for PS Ratio. This places IPG Photonics in the lower half of its industry. The industry median PS Ratio is 4.36. IPG Photonics' value of 4.40 is 1% above this benchmark. Historically, IPG Photonics' own PS Ratio has ranged from 2.38 to 11.32 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 4.36, IPG Photonics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.36, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IPG Photonics's current PS Ratio of 4.40 is 1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on IPG Photonics and its competitors. For the Semiconductors industry, the median PS Ratio is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPG Photonics's current PS Ratio is 4.40, which is 13% below median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPG Photonics stock overvalued right now?
Based on GuruFocus' analysis, IPG Photonics (IPGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $84.97, compared to a current price of $107.45 — trading 26.5% above its estimated fair value. The current PS Ratio is 4.40, which is 13% below median its 10-year median of 5.07 and 1% above the Semiconductors industry median of 4.36. IPG Photonics' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For IPG Photonics (IPGP), the current PS Ratio is 4.40 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IPG Photonics (IPGP) Overvalued in 2026?
Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued.
The current stock price of $107.45 is trading 26.5% above its estimated GF Value™ of $84.97.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for IPGP:
PS Ratio: 4.40 (13% below median its 10-year median of 5.07)
GF Value™: $84.97 vs. price of $107.45 (26.5% above fair value)
Industry Position: 1% above the Semiconductors median (#513 of 1020)
No single metric tells the full story. See the IPGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, laser and non-laser systems, fiber amplifiers, diode lasers, and related optical components. Its products are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. The company sells its products globally to original equipment manufacturers (OEMs), system integrators, and end users. Additionally, it manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, and chillers. Geographically, the company generates maximum revenue from North America, followed by China, Japan, Germany, and other markets.
79GF Score
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