Cadence Design Systems
CDNS
#278
Rank
$85.87 B
Marketcap
$311.03
Share price
1.33%
Change (1 day)
23.64%
Change (1 year)

P/E ratio for Cadence Design Systems (CDNS)

P/E ratio as of April 2026 (TTM): 75.8

According to Cadence Design Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.7506. 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
56.8-25.02%๐Ÿ‡บ๐Ÿ‡ธ USA
Autodesk
ADSK
46.0-39.30%๐Ÿ‡บ๐Ÿ‡ธ USA
Synopsys
SNPS
69.2-8.62%๐Ÿ‡บ๐Ÿ‡ธ USA
Teradyne
TER
108 42.60%๐Ÿ‡บ๐Ÿ‡ธ USA
PTC
PTC
20.3-73.16%๐Ÿ‡บ๐Ÿ‡ธ USA
PDF Solutions
PDFS
< -1000-3,006.91%๐Ÿ‡บ๐Ÿ‡ธ USA
CEVA
CEVA
-50.5-166.71%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.