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/S ratio

As of 25 September 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/S ratio of 15.3×. Over the past ten years it has ranged from 3.1× (February 2015) to 21.6× (June 2024); the current reading is higher than 71% of that period. That is above the Software Application industry median of 2.7× and above the Technology sector median of 2.9×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 16.0× (8.80%)
FY2024 17.6× 1.40%
FY2023 17.3× 42.45%
FY2022 12.2× (28.73%)
FY2021 17.1× 22.53%
FY2020 13.9× 71.60%
FY2019 8.1× 45.72%
FY2018 5.6× (5.47%)
FY2017 5.9× 48.34%
FY2016 4.0× 12.73%

Quarterly

Period P/S ratio Change
Jun 2026 17.6× 28.81%
Mar 2026 13.7× (14.60%)
Dec 2025 16.0× (12.37%)
Sep 2025 18.3× 11.23%
42 more quarters

Against its own ten years

Low 3.1× High 21.6×
Ten-year median 12.1×
Current reading's percentile 71

P/S ratio against peers

Company P/S ratio
UBER Uber Technologies, Inc. compare 2.6×
INTU Intuit Inc. compare 3.5×
ADBE Adobe Inc. compare 3.6×
ADP Automatic Data Processing, Inc. compare 4.8×
NOW ServiceNow, Inc. compare 9.5×
CDNS Cadence Design Systems, Inc. 15.3×
SNOW Snowflake Inc. compare 21.6×
DDOG Datadog, Inc. compare 24.1×
MSTR Strategy Inc compare 112×
Software Application industry median 2.7×
Technology sector median 2.9×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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