PE ratio relative to earnings growth — is the valuation justified?
| Symbol | Company | PEG | P/E | Growth | vs IPGP |
|---|---|---|---|---|---|
| NVMI | Nova Ltd. | 1.44 | 54.8 | 38.2% | — |
| AMAT | Applied Materials, Inc. | 2.61 | 44.8 | 17.1% | — |
| ONTO | Onto Innovation Inc. | 3.94 | 136.1 | 34.6% | — |
| LRCX | Lam Research Corporation | 5.71 | 50.9 | 8.9% | — |