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IPG PhotonicsFRA:IPF -4.89%83 Shiller PE Ratio is 18.82 as of Aug. 22, 2026, which is 41% below its 10-year median of 31.73. GuruFocus rates FRA:IPF with a GF Score™ of 83/100 and a GF Value™ of €74.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 541 Semiconductors companies, IPG Photonics ranks better than 78.56% on this metric.
As of today (2026-08-22), IPG Photonics's current share price is €63.04. IPG Photonics's E10 for the quarter that ended in Jun. 2026 was €3.35. IPG Photonics's Shiller PE Ratio for today is 18.82.
The historical rank and industry rank for IPG Photonics's Shiller PE Ratio or its related term are showing as below:
FRA:IPF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.43 Med: 31.73 Max: 84.58
Current: 18.08
During the past years, IPG Photonics's highest Shiller PE Ratio was 84.58. The lowest was 11.43. And the median was 31.73.
FRA:IPF's Shiller PE Ratio is ranked better than 78.56% of 541
companies
in the Semiconductors industry
Industry Median: 41.41
vs FRA:IPF: 18.08
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
IPG Photonics's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.104. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.35 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
IPG Photonics (FRA:IPF) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
IPG Photonics Shiller PE Ratio Related Terms
IPG Photonics Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for IPG Photonics's Shiller PE 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.
FRA:IPF vs ACLS, UCTT, VECO: Shiller PE Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where IPG Photonics's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
IPG Photonics's Shiller PE Ratio for today is calculated as
* 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.
IPG Photonics's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, IPG Photonics's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
IPG Photonics (FRA:IPF) has a Shiller PE Ratio of 18.82 as of Aug. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on IPG Photonics and its competitors. This is 41% below median its historical median of 31.73. Over the past decade, IPG Photonics' Shiller PE Ratio has ranged from 11.43 to 84.58. According to the industry distribution chart, IPG Photonics ranks #116 out of 541 companies in the Semiconductors industry, placing it in the top 21.4%.
Is IPG Photonics' Shiller PE Ratio too high?
IPG Photonics' current Shiller PE Ratio of 18.82 is 41% below median its 10-year median of 31.73. Over the past 10 years, this metric has ranged from a low of 11.43 to a high of 84.58. The Semiconductors industry median Shiller PE Ratio is 41.41. IPG Photonics' value of 18.82 is 54.6% below this industry median. Based on the distribution chart, IPG Photonics ranks #116 out of 541 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, IPG Photonics has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' Shiller PE Ratio compare to ACLS and UCTT?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #116 out of 541 companies for Shiller PE Ratio. This places IPG Photonics in the top 21% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 41.41. IPG Photonics' value of 18.82 is 54.6% below this benchmark. Historically, IPG Photonics' own Shiller PE Ratio has ranged from 11.43 to 84.58 over the past decade. While the company's 10-year median is 31.73 vs. the industry median of 41.41, IPG Photonics has consistently been below 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 Shiller PE Ratio for a Semiconductors company?
The median Shiller PE Ratio among Semiconductors companies is 41.41, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IPG Photonics's current Shiller PE Ratio of 18.82 is 54.6% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on IPG Photonics and its competitors. For the Semiconductors industry, the median Shiller PE Ratio is 41.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPG Photonics's current Shiller PE Ratio is 18.82, which is 41% below median its own 10-year median of 31.73. 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 (FRA:IPF) is currently considered Modestly Undervalued. The stock's GF Value™ is €74.43, compared to a current price of €63.04 — trading 15.3% below its estimated fair value. The current Shiller PE Ratio is 18.82, which is 41% below median its 10-year median of 31.73 and 54.6% below the Semiconductors industry median of 41.41. IPG Photonics' overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For IPG Photonics (FRA:IPF), the current Shiller PE Ratio is 18.82 as of Aug. 22, 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 (FRA:IPF) Overvalued in 2026?
Based on GuruFocus' analysis, IPG Photonics stock appears to be undervalued.
The current stock price of €63.04 is trading 15.3% below its estimated GF Value™ of €74.43.
GuruFocus considers IPG Photonics to be Modestly Undervalued.
Key valuation signals for FRA:IPF:
Shiller PE Ratio: 18.82 (41% below median its 10-year median of 31.73)
GF Value™: €74.43 vs. price of €63.04 (15.3% below fair value)
Industry Position: 54.6% below the Semiconductors median (#116 of 541)
No single metric tells the full story. See the FRA:IPF 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.
83GF Score
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