CDNS
Cadence Design Systems Inc
Price:  
305.57 
USD
Volume:  
2,225,497.00
United States | Software
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

CDNS Relative Valuation

-25.3%
Upside

As of 2024-02-23, the Relative Valuation of Cadence Design Systems Inc (CDNS) is 228.25 USD. This relative valuation is based on P/E multiples. With the latest stock price at 305.57 USD, the upside of Cadence Design Systems Inc based on Relative Valuation is -25.3%.

The range of the Relative Valuation is 206.24 - 255.51 USD.

Range Selected
Trailing P/E multiples 60.6x - 68.5x 63.9x
Forward P/E multiples 52.5x - 65.0x 59.0x
Fair Price 206.24 - 255.51 228.25
Upside -32.5% - -16.4% -25.3%
305.57 USD
Stock Price
228.25 USD
Fair Price

CDNS Relative Valuation - Historical P/E Data

Date P/E
2024-02-23 86.01
2024-02-22 86.81
2024-02-21 82.61
2024-02-20 82.98
2024-02-16 82.48
2024-02-15 84.00
2024-02-14 85.44
2024-02-13 83.62
2024-02-12 87.10
2024-02-09 88.62
2024-02-08 87.32
2024-02-07 85.44
2024-02-06 83.19
2024-02-05 84.28
2024-02-02 84.25
2024-02-01 82.54
2024-01-31 81.95
2024-01-30 83.70
2024-01-29 83.63
2024-01-26 82.60
2024-01-25 82.73
2024-01-24 83.79
2024-01-23 83.96
2024-01-22 84.02
2024-01-19 83.00
2024-01-18 79.27
2024-01-17 78.24
2024-01-16 78.86
2024-01-12 76.28
2024-01-11 75.80
2024-01-10 74.79
2024-01-09 74.36
2024-01-08 74.41
2024-01-05 71.80
2024-01-04 72.71
2024-01-03 73.09
2024-01-02 74.69
2023-12-29 77.38
2023-12-28 77.63
2023-12-27 78.03
2023-12-26 78.12
2023-12-22 78.36
2023-12-21 78.29
2023-12-20 76.93
2023-12-19 77.94
2023-12-18 77.70
2023-12-15 77.14
2023-12-14 76.74
2023-12-13 78.58
2023-12-12 77.91