Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 39.19.
Forward PE Ratio (39.19) = Close Price ($319.02) / Consensus Forward EPS ($8.14)
FORWARD PE RATIO
39.19
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+44.40%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$87.86B
Forward PE Ratio
39.19
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $87.86B | 39.19 |
| Datadog, Inc. (DDOG)vs › | $83.87B | N/A |
| Motorola Solutions, Inc. (MSI)vs › | $79.76B | 27.14 |
| Synopsys, Inc. (SNPS)vs › | $76.18B | 26.92 |
| Intuit Inc. (INTU)vs › | $100.39B | 15.40 |
| AppLovin Corporation (APP)vs › | $102.72B | 19.32 |
| Cloudflare, Inc. (NET)vs › | $104.02B | 232.53 |
| Hewlett Packard Enterprise Company (HPE)vs › | $70.77B | 15.62 |
| Lumentum Holdings Inc. (LITE)vs › | $67.43B | 105.37 |
| Adobe Inc. (ADBE)vs › | $109.43B | 11.28 |
Trailing P/E
63.4
reported TTM EPS
Forward P/E
39.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.14 implies +61.8% EPS growth vs the reported trailing $5.03.
At today's $319.02 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $8.14 | $8.07 – $8.33 | 11 | 39.2x |
| 2027-12-31 | $9.53 | $8.89 – $10.17 | 16 | 33.5x |
| 2028-12-31 | $10.89 | $8.80 – $14.15 | 8 | 29.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
