Cadence Design Systems
CDNS
#292
Rank
A$111.26 B
Marketcap
A$403.00
Share price
2.47%
Change (1 day)
-1.09%
Change (1 year)

P/E ratio for Cadence Design Systems (CDNS)

P/E ratio as of March 2026 (TTM): 67.5

According to Cadence Design Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 67.4939. At the end of 2024 the company had a P/E ratio of 77.2.

P/E ratio history for Cadence Design Systems from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202477.29.46%
202370.637.49%
202251.3-29.77%
202173.115.16%
202063.5230.27%
201919.2-44.32%
201834.5-38.11%
201755.856.98%
201635.548.5%
201523.9-29.39%
201433.942.56%
201323.8184.94%
20128.34

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Ansys
ANSS
56.8-15.85%๐Ÿ‡บ๐Ÿ‡ธ USA
Autodesk
ADSK
45.1-33.18%๐Ÿ‡บ๐Ÿ‡ธ USA
Synopsys
SNPS
60.4-10.54%๐Ÿ‡บ๐Ÿ‡ธ USA
Teradyne
TER
83.6 23.80%๐Ÿ‡บ๐Ÿ‡ธ USA
PTC
PTC
20.6-69.50%๐Ÿ‡บ๐Ÿ‡ธ USA
PDF Solutions
PDFS
< -1000-2,511.33%๐Ÿ‡บ๐Ÿ‡ธ USA
CEVA
CEVA
-39.3-158.17%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.