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% |
| 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 |