Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications. It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California. As of July 1, 2022, Coherent, Inc. operates as a subsidiary of II-VI Incorporated.
P/B ratio for Coherent, Inc. (COHR)
P/B ratio as of 2024: 1.46
According to Coherent, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.46. At the end of 2023 the company had a P/B ratio of 1.41.
P/B ratio history for Coherent, Inc. from 1986 to 2024
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2024 | 1.46 |
| 2023 | 1.41 |
| 2022 | 1.64 |
| 2021 | 2.45 |
| 2020 | 1.93 |
| 2019 | 2.10 |
| 2018 | 2.65 |
| 2017 | 2.38 |
| 2016 | 1.47 |
| 2015 | 1.59 |
| 2014 | 1.33 |
| 2013 | 1.65 |
| 2012 | 1.78 |
| 2011 | 3.05 |
| 2010 | 2.18 |
| 2009 | 2.05 |
| 2008 | 3.57 |
| 2007 | 3.64 |
| 2006 | 3.13 |
| 2005 | 3.37 |
| 2004 | 3.31 |
| 2003 | 3.04 |
| 2002 | 2.05 |
| 2001 | 2.66 |
| 2000 | 4.71 |
| 1999 | 1.10 |
| 1998 | 1.84 |
| 1997 | 3.25 |
| 1996 | 3.16 |
| 1995 | 4.24 |
| 1994 | 0.65 |
| 1993 | 0.43 |
| 1992 | 0.54 |
| 1991 | 0.57 |
| 1990 | 0.77 |
| 1989 | 1.79 |
| 1988 | 1.73 |
| 1987 | 2.53 |
| 1986 | 2.36 |