Cadence Design Systems, Inc. CDNS

326.13 4.13 1.28% as of 25 Sep
Market cap
$88.7B
P/E
64.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cadence Design Systems, Inc. (CDNS) P/E ratio

As of 25 September 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/E ratio of 64.5×. Over the past ten years it has ranged from 15.0× (March 2020) to 100× (September 2025); the current reading is higher than 68% of that period. That is above the Software Application industry median of 24.8× and above the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 76.4× (1.05%)
FY2024 77.2× 13.41%
FY2023 68.1× 33.54%
FY2022 51.0× (30.21%)
FY2021 73.1× 15.16%
FY2020 63.5× 230.27%
FY2019 19.2× (44.32%)
FY2018 34.5× (38.45%)
FY2017 56.1× 57.09%
FY2016 35.7× 49.21%

Quarterly

Period P/E ratio Change
Jun 2026 74.2× 15.05%
Mar 2026 64.5× (15.64%)
Dec 2025 76.4× (14.93%)
Sep 2025 89.8× 8.45%
42 more quarters

Against its own ten years

Low 15.0× High 100×
Ten-year median 54.3×
Current reading's percentile 68

P/E ratio against peers

Company P/E ratio
MSTR Strategy Inc compare n/m
SNOW Snowflake Inc. compare n/m
ADBE Adobe Inc. compare 13.1×
UBER Uber Technologies, Inc. compare 15.0×
INTU Intuit Inc. compare 16.7×
ADP Automatic Data Processing, Inc. compare 24.0×
CDNS Cadence Design Systems, Inc. 64.5×
NOW ServiceNow, Inc. compare 84.0×
DDOG Datadog, Inc. compare 526×
Software Application industry median 24.8×
Technology sector median 29.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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