CDNS
Cadence Design Systems Inc
Price:  
312.10 
USD
Volume:  
1,426,962.00
United States | Software
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CDNS Relative Valuation

-25.2%
Upside

As of 2024-06-17, the Relative Valuation of Cadence Design Systems Inc (CDNS) is 233.54 USD. This relative valuation is based on P/E multiples. With the latest stock price at 312.10 USD, the upside of Cadence Design Systems Inc based on Relative Valuation is -25.2%.

The range of the Relative Valuation is 207.65 - 259.26 USD.

Range Selected
Trailing P/E multiples 59.7x - 67.8x 64.4x
Forward P/E multiples 54.4x - 62.2x 57.8x
Fair Price 207.65 - 259.26 233.54
Upside -33.5% - -16.9% -25.2%
312.10 USD
Stock Price
233.54 USD
Fair Price

CDNS Relative Valuation - Historical P/E Data

Date P/E
2024-06-17 83.38
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
2024-05-14 74.12
2024-05-13 74.41
2024-05-10 75.20
2024-05-09 74.63
2024-05-08 73.92
2024-05-07 74.30
2024-05-06 74.60
2024-05-03 73.67
2024-05-02 72.31
2024-05-01 71.82
2024-04-30 72.10
2024-04-29 73.90
2024-04-26 73.88
2024-04-25 72.48
2024-04-24 72.63
2024-04-23 73.71
2024-04-22 74.56
2024-04-19 73.31
2024-04-18 74.79
2024-04-17 76.83
2024-04-16 78.69
2024-04-15 78.89
2024-04-12 80.01
2024-04-11 81.12
2024-04-10 79.68
2024-04-09 81.46
2024-04-08 81.38