Price to Earnings (P/E)
since 2005
Paying user area
Try for free
Cadence Design Systems Inc. pages available for free this week:
- Statement of Comprehensive Income
- Cash Flow Statement
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Net Profit Margin since 2005
- Operating Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Cadence Design Systems Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Cadence Design Systems Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2025 | = | ÷ | = | ÷ | |||||||
| Feb 14, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 13, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 22, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 22, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 27, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 20, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 10, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 18, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 20, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 20, 2014 | = | ÷ | = | ÷ | |||||||
| Feb 21, 2013 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 24, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2010 | = | ÷ | = | ÷ | |||||||
| Mar 2, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2008 | = | ÷ | = | ÷ | |||||||
| Feb 23, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 10, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Cadence Design Systems Inc. Annual Report.
The analysis of the financial data reveals several notable trends in the key indicators of share price, earnings per share (EPS), and price-to-earnings (P/E) ratio over the examined periods.
- Share Price
- The share price experienced significant fluctuations throughout the timeline. Initially, it rose moderately from $18.08 in 2006 to a peak of $20.97 in 2007, then sharply declined to a low of $3.97 by 2009. Following this trough, the share price showed a sustained recovery, increasing steadily year-over-year, reaching a significant high of $300.74 by early 2024. However, there was a noticeable dip in the latest period to $258.34, suggesting some recent volatility after a long upward trend.
- Earnings Per Share (EPS)
- EPS demonstrated considerable volatility in the early years, with a notable negative value of -7.01 in 2009, indicating a significant loss during that period. Following this, EPS rebounded to positive figures, but with irregular fluctuations through the subsequent years. From 2018 onward, EPS trends upward consistently, reaching a high of 3.85 by early 2025, reflecting improved profitability and more stable earnings performance in recent years.
- Price-to-Earnings (P/E) Ratio
- The P/E ratio displays substantial variability, particularly in relation to earnings volatility. Early periods showed extremely high P/E ratios, such as 103.88 in 2006, corresponding to relatively low EPS values, and a missing data gap coincides with negative EPS periods where the P/E was not applicable. From 2010 onwards, the ratio fluctuates broadly, ranging from lows near 9.11 to highs above 78.64. The elevated P/E ratios in recent years suggest expectations of continued growth, though they also indicate that the share price might be valued at a premium relative to current earnings.
Overall, the data suggest a company that encountered financial challenges around 2009 with losses, followed by a period of recovery and growth. The upward trend in share price and EPS in the last decade points to solid earnings improvement and investor confidence. However, the high and volatile P/E ratios indicate that the market valuation remains sensitive to expectations about future performance, reflecting a growth-oriented investment perspective but also implying potential risk in valuation levels.
Comparison to Competitors
Cadence Design Systems Inc., P/E, long-term trends, comparison to competitors
| Cadence Design Systems Inc. | Accenture PLC | Adobe Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2025 | |||||||||||||||
| Feb 14, 2024 | |||||||||||||||
| Feb 13, 2023 | |||||||||||||||
| Feb 22, 2022 | |||||||||||||||
| Feb 22, 2021 | |||||||||||||||
| Feb 24, 2020 | |||||||||||||||
| Feb 27, 2019 | |||||||||||||||
| Feb 20, 2018 | |||||||||||||||
| Feb 10, 2017 | |||||||||||||||
| Feb 18, 2016 | |||||||||||||||
| Feb 20, 2015 | |||||||||||||||
| Feb 20, 2014 | |||||||||||||||
| Feb 21, 2013 | |||||||||||||||
| Feb 24, 2012 | |||||||||||||||
| Feb 24, 2011 | |||||||||||||||
| Feb 26, 2010 | |||||||||||||||
| Mar 2, 2009 | |||||||||||||||
| Feb 26, 2008 | |||||||||||||||
| Feb 23, 2007 | |||||||||||||||
| Mar 10, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Software & Services)
Cadence Design Systems Inc., P/E, long-term trends, comparison to sector (software & services)
| Cadence Design Systems Inc. | Software & Services | |
|---|---|---|
| Feb 21, 2025 | ||
| Feb 14, 2024 | ||
| Feb 13, 2023 | ||
| Feb 22, 2022 | ||
| Feb 22, 2021 | ||
| Feb 24, 2020 | ||
| Feb 27, 2019 | ||
| Feb 20, 2018 | ||
| Feb 10, 2017 | ||
| Feb 18, 2016 | ||
| Feb 20, 2015 | ||
| Feb 20, 2014 | ||
| Feb 21, 2013 | ||
| Feb 24, 2012 | ||
| Feb 24, 2011 | ||
| Feb 26, 2010 | ||
| Mar 2, 2009 | ||
| Feb 26, 2008 | ||
| Feb 23, 2007 | ||
| Mar 10, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Cadence Design Systems Inc., P/E, long-term trends, comparison to industry (information technology)
| Cadence Design Systems Inc. | Information Technology | |
|---|---|---|
| Feb 21, 2025 | ||
| Feb 14, 2024 | ||
| Feb 13, 2023 | ||
| Feb 22, 2022 | ||
| Feb 22, 2021 | ||
| Feb 24, 2020 | ||
| Feb 27, 2019 | ||
| Feb 20, 2018 | ||
| Feb 10, 2017 | ||
| Feb 18, 2016 | ||
| Feb 20, 2015 | ||
| Feb 20, 2014 | ||
| Feb 21, 2013 | ||
| Feb 24, 2012 | ||
| Feb 24, 2011 | ||
| Feb 26, 2010 | ||
| Mar 2, 2009 | ||
| Feb 26, 2008 | ||
| Feb 23, 2007 | ||
| Mar 10, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).