CDNS
Cadence Design Systems Inc
Price:  
308.78 
USD
Volume:  
2,215,391.00
United States | Software
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CDNS Relative Valuation

-27.8%
Upside

As of 2024-12-12, the Relative Valuation of Cadence Design Systems Inc (CDNS) is 222.95 USD. This relative valuation is based on P/E multiples. With the latest stock price at 308.78 USD, the upside of Cadence Design Systems Inc based on Relative Valuation is -27.8%.

The range of the Relative Valuation is 197.79 - 256.75 USD.

Range Selected
Trailing P/E multiples 52.2x - 60.4x 56.6x
Forward P/E multiples 47.2x - 61.2x 55.2x
Fair Price 197.79 - 256.75 222.95
Upside -35.9% - -16.9% -27.8%
308.78 USD
Stock Price
222.95 USD
Fair Price

CDNS Relative Valuation - Historical P/E Data

Date P/E
2024-12-10 79.93
2024-12-09 81.75
2024-12-06 81.16
2024-12-05 80.18
2024-12-04 85.65
2024-12-03 82.67
2024-12-02 81.89
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