Valuation check: CDNS's P/E ratio is 67.04, above the Technology sector average of 34.09.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Cadence Design Systems's p/e ratio stands at 67.04. That is above the Technology sector average of 34.09. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Cadence Design Systems sits higher the Technology benchmark (34.09) with a P/E ratio of 67.04. That is roughly 96.7% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
Whether 67.04 is attractive depends on Cadence Design Systems's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.
The history chart shows how Cadence Design Systems's P/E ratio evolved across reporting periods, while the comparison chart places CDNS next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Technology, P/E ratio is commonly used to spot outliers. Cadence Design Systems's reading of 67.04 (sector avg 34.09) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.