Market capitalization of IPGP increased by 13.94% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 65.58 to 137.28.
The secondary factor is the Revenue Growth, contributed 7.57%to the performance.
Overall, the performance of IPGP in the past 1 year is driven by P/E Change. Which is more unsustainable.