CDNS
Cadence Design Systems Inc
Price:  
258.79 
USD
Volume:  
2,605,265.00
United States | Software
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CDNS Relative Valuation

-18.5%
Upside

As of 2024-07-27, the Relative Valuation of Cadence Design Systems Inc (CDNS) is 210.90 USD. This relative valuation is based on P/E multiples. With the latest stock price at 258.79 USD, the upside of Cadence Design Systems Inc based on Relative Valuation is -18.5%.

The range of the Relative Valuation is 182.07 - 247.33 USD.

Range Selected
Trailing P/E multiples 51.6x - 64.7x 57.4x
Forward P/E multiples 47.7x - 60.4x 53.0x
Fair Price 182.07 - 247.33 210.90
Upside -29.6% - -4.4% -18.5%
258.79 USD
Stock Price
210.90 USD
Fair Price

CDNS Relative Valuation - Historical P/E Data

Date P/E
2024-07-26 67.70
2024-07-25 67.59
2024-07-24 69.67
2024-07-23 74.03
2024-07-22 75.10
2024-07-19 73.23
2024-07-18 72.68
2024-07-17 75.37
2024-07-16 81.55
2024-07-15 82.57
2024-07-12 82.58
2024-07-11 82.16
2024-07-10 83.66
2024-07-09 82.47
2024-07-08 83.02
2024-07-05 84.00
2024-07-03 82.52
2024-07-02 82.87
2024-07-01 81.33
2024-06-28 80.50
2024-06-27 80.55
2024-06-26 80.92
2024-06-25 81.49
2024-06-24 80.87
2024-06-21 83.29
2024-06-20 83.32
2024-06-18 85.41
2024-06-17 84.25
2024-06-14 81.64
2024-06-13 80.45
2024-06-12 81.54
2024-06-11 78.69
2024-06-10 77.48
2024-06-07 77.02
2024-06-06 77.36
2024-06-05 77.54
2024-06-04 75.11
2024-06-03 74.85
2024-05-31 74.90
2024-05-30 75.40
2024-05-29 76.31
2024-05-28 77.49
2024-05-24 76.98
2024-05-23 77.09
2024-05-22 76.60
2024-05-21 75.89
2024-05-20 76.51
2024-05-17 75.55
2024-05-16 75.58
2024-05-15 76.67