CDNS
Cadence Design Systems Inc
Price:  
306.81 
USD
Volume:  
888,699.00
United States | Software
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CDNS Relative Valuation

-28.1%
Upside

As of 2024-12-04, the Relative Valuation of Cadence Design Systems Inc (CDNS) is 220.54 USD. This relative valuation is based on P/E multiples. With the latest stock price at 306.81 USD, the upside of Cadence Design Systems Inc based on Relative Valuation is -28.1%.

The range of the Relative Valuation is 196.40 - 249.78 USD.

Range Selected
Trailing P/E multiples 53.3x - 57.4x 55.0x
Forward P/E multiples 46.8x - 59.5x 55.4x
Fair Price 196.40 - 249.78 220.54
Upside -36.0% - -18.6% -28.1%
306.81 USD
Stock Price
220.54 USD
Fair Price

CDNS Relative Valuation - Historical P/E Data

Date P/E
2024-11-29 80.97
2024-11-27 80.41
2024-11-26 81.84
2024-11-25 82.45
2024-11-22 82.31
2024-11-21 80.89
2024-11-20 80.23
2024-11-19 79.08
2024-11-18 77.68
2024-11-15 76.46
2024-11-14 79.98
2024-11-13 80.88
2024-11-12 78.59
2024-11-11 79.41
2024-11-08 79.51
2024-11-07 79.63
2024-11-06 78.32
2024-11-05 76.86
2024-11-04 76.36
2024-11-01 74.45
2024-10-31 72.87
2024-10-30 76.54
2024-10-29 75.07
2024-10-28 66.71
2024-10-25 67.91
2024-10-24 66.32
2024-10-23 65.74
2024-10-22 66.38
2024-10-21 66.81
2024-10-18 68.23
2024-10-17 69.42
2024-10-16 69.40
2024-10-15 71.12
2024-10-14 74.46
2024-10-11 74.53
2024-10-10 74.07
2024-10-09 73.78
2024-10-08 71.30
2024-10-07 69.37
2024-10-04 70.90
2024-10-03 70.15
2024-10-02 70.47
2024-10-01 69.50
2024-09-30 71.53
2024-09-27 72.35
2024-09-26 72.38
2024-09-25 71.73
2024-09-24 72.13
2024-09-23 72.34
2024-09-20 72.25