Cognex Corporation

CGNX Technology Scientific & Technical Instruments

Cognex Corporation’s revenue for fiscal 2025 (year ended December 2025) was $994.4 million, up 8.73% from fiscal 2024.

Revenue
+16.9%
EPS
+79.2%
Free cash flow
+67.3%

Quarter to June 2026, against a year earlier

52.63 5.48 −9.43%
Market cap
$9.8B
P/E
55.4×
Fwd P/E
34.5×
Dividend yield
0.58%
F-score
8/9
Altman Z
8.26
Beneish M
−2.78
Dividend safety
84/100

Cognex Corporation (CGNX) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Cognex Corporation (CGNX) trades at a P/B ratio of 6.0×. Over the past ten years it has ranged from 2.7× (April 2025) to 12.9× (February 2021); the current reading is higher than 47% of that period. That is above the Scientific & Technical Instruments industry median of 3.3× and above the Technology sector median of 2.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 4.1× 0.04%
FY2024 4.1× (12.27%)
FY2023 4.6× (20.07%)
FY2022 5.8× (39.79%)
FY2021 9.6× (13.06%)
FY2020 11.0× 55.95%
FY2019 7.1× 20.55%
FY2018 5.9× (39.53%)
FY2017 9.7× 73.04%
FY2016 5.6× 58.90%

Quarterly newest first

Period P/B ratio Change
Jun 2026 7.4× 34.84%
Mar 2026 5.5× 36.10%
Dec 2025 4.1× (20.60%)
Sep 2025 5.1× 44.34%
42 more quarters

Against its own ten years

Low 2.7× High 12.9×
Ten-year median 6.1×
Current reading's percentile 42

P/B ratio against peers

Company P/B ratio
ST Sensata Technologies Holding N.V. compare 2.0×
TRMB Trimble Inc. compare 3.0×
FTV Fortive Corporation compare 3.4×
NOVT Novanta Inc. compare 3.7×
ESE ESCO Technologies Inc. compare 4.0×
VNT Vontier Corporation compare 4.3×
MKSI MKS Inc. compare 4.6×
CGNX Cognex Corporation 6.0×
BMI Badger Meter, Inc. compare 6.7×
Scientific & Technical Instruments industry median 3.3×
Technology sector median 2.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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