Which has the lower trailing P/E, CDNS or COHR?

CDNS has the lower trailing P/E: CDNS trades at 58.19 and COHR at 68.58. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CDNS or COHR?

Over the past five years, COHR grew revenue faster — CDNS at a 15.04% CAGR versus COHR at 18.04%.

Is CDNS or COHR more profitable?

CDNS runs the higher net margin — CDNS at 23.61% versus COHR at 11.31%.

How have CDNS and COHR total returns compared?

Over the past 10 years, CDNS delivered 27.42% and COHR delivered 29.14% annualized total return. Past performance doesn't predict future results.

Cadence Design Systems, Inc. (CDNS) vs Coherent, Inc. (COHR)

A side-by-side comparison of Cadence Design Systems, Inc. and Coherent, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.

CDNS

Cadence Design Systems, Inc.

$78.24B

$284.11TechnologyDelayed quote: Sep 8, 2026, 4:00 PM EDT

COHR

Coherent, Inc.

$59.05B

$301.83TechnologyDelayed quote: Sep 8, 2026, 4:00 PM EDT

Total return — CDNS vs COHR

growth of $100 · dividends reinvested · last 10y

CDNS +1057.4% (+27.7%/yr)COHR +1191.2% (+29.2%/yr)COHR compounded faster over this window

CDNS COHR

CDNS vs COHR: by the numbers

•CDNS is the larger company ($78.24B vs $59.05B market cap).
•CDNS trades at the lower trailing earnings multiple (58.19 vs 68.58 P/E), one valuation lens rather than an overall verdict.
•CDNS converts more revenue to profit (23.61% vs 11.31% net margin).
•COHR grew revenue faster over the past five years (18.04% vs 15.04% CAGR).

Metrics side by side

Valuation

Metric	CDNS	COHR
P/E ratio	58.19	68.58
Forward P/E	35.95	51.46
P/S ratio	13.79	8.01
P/B ratio	11.73	5.23
EV / EBITDA	38.35	43.27
FCF yield	2.09%	N/A

Profitability

Metric	CDNS	COHR
Gross margin	88.50%	37.50%
Operating margin	30.83%	11.96%
Net margin	23.61%	11.31%
ROE	20.09%	7.38%
ROIC	13.29%	5.11%

Growth (annualized)

Metric	CDNS	COHR
Revenue CAGR (5Y)	15.04%	18.04%
EPS CAGR (5Y)	13.62%	11.66%
FCF CAGR (5Y)	15.03%	-24.88%
Total return CAGR (5Y)	12.05%	35.58%

Frequently asked

Which has the lower trailing P/E, CDNS or COHR?: CDNS has the lower trailing P/E: CDNS trades at 58.19 and COHR at 68.58. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CDNS or COHR?: Over the past five years, COHR grew revenue faster — CDNS at a 15.04% CAGR versus COHR at 18.04%.
Is CDNS or COHR more profitable?: CDNS runs the higher net margin — CDNS at 23.61% versus COHR at 11.31%.
How have CDNS and COHR total returns compared?: Over the past 10 years, CDNS delivered 27.42% and COHR delivered 29.14% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CDNS analysis Full COHR analysis Interactive comparison tool

Dig into the metrics

Cadence Design Systems P/E ratio Coherent P/E ratio Cadence Design Systems ROE Coherent ROE Cadence Design Systems operating margin Coherent operating margin Cadence Design Systems revenue growth Coherent revenue growth Cadence Design Systems free cash flow Coherent free cash flow

Cadence Design Systems & Coherent appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 8, 2026.