Coherent Corp. (COHR) Valuation

Historical valuation analysis based on 1270 data points (2021-09-27 to 2026-10-16)

Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as...

Coherent Corp. (COHR) currently trades at a P/E ratio of 97.28 (historical range: 24.46–724.06, median: 132.43), placing it at the 25th percentile — below its historical average, P/S ratio of 6.91 (range: 0.80–12.50, 87th percentile — expensive relative to its history), EV/EBITDA of 65.05 (range: 12.21–250.66, 62th percentile).

Over the historical period (2021-09-27 to 2026-10-16), Coherent Corp.'s P/E ratio has contracted by 38% over the observed period (from an average of 227.4 to 141.8).

Coherent Corp. trades above its historical valuation range, with most metrics above their median levels.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio97.28132.4325thbelow its historical average
P/S Ratio6.912.5587thexpensive relative to its history
EV/EBITDA65.0552.6062thabove its historical average
FCF Yield0.21%1.72%1thexpensive relative to its history
Current Price: $230.26
Market Cap: $45.4B
Sector: Technology

Coherent Corp. (COHR) Valuation & P/E History

Coherent Corp. (COHR) is a US-listed stock operating in the Technology sector, specifically the Optical Instruments & Lenses industry currently trading at $230.26 with a market capitalization of $45.4 billion. This page provides historical valuation analysis for COHR based on 1270 data points covering 2021-09-27 to 2026-10-16. The P/E ratio of 97.28 is below the historical median of 132.43, placing COHR at the 25th percentile of its valuation range. The P/S ratio of 6.91 compares to a median of 2.55.

COHR Valuation Metrics & Historical Range

The valuation table above shows Coherent Corp.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether COHR is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests COHR is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Coherent Corp..
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is COHR Overvalued or Undervalued?

Coherent Corp. trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 58 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive COHR is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full COHR analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.COHR trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

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