Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 56.65 is 22% below its 5-year average of 72.31, near the low end of its 5-year range (50.14–100.91).
As of 2026-09-11T08:10:35.875Z. 29.43% below its 12-month average of 80.27.
Calculation as of: 2026-09-11T08:10:35.875Z.
Quote observation: 2026-09-10T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 79207ae5d62dd2ad5bf4bad096a01191633048a5f2a099b53a4232e17ed40959
PE Ratio (56.65) = Close Price ($284.95) / Diluted TTM EPS ($5.03)
PE RATIO
56.65
PE RATIO AVG TTM
80.27
PE RATIO AVG 3Y
77.56
PE RATIO AVG 5Y
72.31
PE RATIO AVG 10Y
58.56
PE RATIO AVG 15Y
48.80
PE RATIO AVG 20Y
45.12
CURRENT VS TTM AVG
-29.43%
CURRENT VS 3Y AVG
-26.96%
CURRENT VS 5Y AVG
-21.66%
CURRENT VS 10Y AVG
-3.26%
CURRENT VS 15Y AVG
+16.09%
CURRENT VS 20Y AVG
+25.56%
SECTOR MEDIAN · TECHNOLOGY
36.50
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
+55.18%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$78.47B
PE Ratio
56.65
TTM Avg
80.27
3Y Avg
77.56
5Y Avg
72.31
Market Cap
$73.14B
PE Ratio
28.77
TTM Avg
38.01
3Y Avg
21.77
5Y Avg
20.85
Market Cap
$87.64B
PE Ratio
46.36
TTM Avg
41.34
3Y Avg
27.24
5Y Avg
20.21
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $78.47B | 56.65 | 80.27 | 77.56 | 72.31 |
| Datadog, Inc. (DDOG)vs › | $78.92B | 449.19 | 495.27 | 425.94 | 10987.93 |
| Motorola Solutions, Inc. (MSI)vs › | $77.00B | 36.53 | 34.03 | 39.07 | 37.19 |
| Synopsys, Inc. (SNPS)vs › | $76.05B | 69.45 | 64.86 | 57.45 | 58.29 |
| Hewlett Packard Enterprise Company (HPE)vs › | $73.14B | 28.77 | 38.01 | 21.77 | 20.85 |
| Lumentum Holdings Inc. (LITE)vs › | $72.80B | N/A | 307.22 | 307.22 | 138.14 |
| Intuit Inc. (INTU)vs › | $85.55B | 18.97 | 31.84 | 51.46 | 55.71 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.64B | 46.36 | 41.34 | 27.24 | 20.21 |
| TE Connectivity plc (TEL)vs › | $59.33B | 20.06 | 31.49 | 24.35 | 22.29 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $58.27B | 72.68 | 64.33 | 63.21 | 67.05 |
At 56.6, P/E is above its 20-year median — higher than 67% of readings in its 20-year history.
20-year low
4.8
median
44.2
20-year high
150.4
Trailing P/E
56.6
Forward P/E
35.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$284.95
Forward EPS (Est.)
$8.14
Forward P/E
35.01
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-10 | 56.65 |
| 2026-09-09 | 56.58 |
| 2026-09-08 | 56.48 |
| 2026-09-04 | 58.19 |
| 2026-09-03 | 60.61 |
| 2026-09-02 | 60.97 |
| 2026-09-01 | 62.23 |
| 2026-08-31 | 67.35 |
| 2026-08-28 | 67.67 |
| 2026-08-27 | 69.10 |
| 2026-08-26 | 66.54 |
| 2026-08-25 | 65.98 |
| 2026-08-24 | 62.81 |
| 2026-08-21 | 63.42 |
| 2026-08-20 | 62.34 |
| 2026-08-19 | 62.62 |
| 2026-08-18 | 62.93 |
| 2026-08-17 | 64.31 |
| 2026-08-14 | 64.58 |
| 2026-08-13 | 64.37 |
| 2026-08-12 | 64.24 |
| 2026-08-11 | 65.12 |
| 2026-08-10 | 65.99 |
| 2026-08-07 | 67.44 |
| 2026-08-06 | 67.28 |
| 2026-08-05 | 67.01 |
| 2026-08-04 | 67.72 |
| 2026-08-03 | 66.83 |
| 2026-07-31 | 67.60 |
| 2026-07-30 | 66.17 |
| 2026-07-29 | 66.16 |
| 2026-07-28 | 80.35 |
| 2026-07-27 | 78.93 |
| 2026-07-24 | 76.05 |
| 2026-07-23 | 77.03 |
| 2026-07-22 | 78.56 |
| 2026-07-21 | 80.34 |
| 2026-07-20 | 76.91 |
| 2026-07-17 | 76.95 |
| 2026-07-16 | 85.00 |
| 2026-07-15 | 86.60 |
| 2026-07-14 | 87.83 |
| 2026-07-13 | 88.09 |
| 2026-07-10 | 89.55 |
| 2026-07-09 | 89.97 |
| 2026-07-08 | 87.19 |
| 2026-07-07 | 86.49 |
| 2026-07-06 | 87.59 |
| 2026-07-02 | 86.98 |
| 2026-07-01 | 88.05 |
| 2026-06-30 | 87.49 |
| 2026-06-29 | 86.88 |
| 2026-06-26 | 87.94 |
| 2026-06-25 | 85.83 |
| 2026-06-24 | 86.81 |
| 2026-06-23 | 88.36 |
| 2026-06-22 | 90.69 |
| 2026-06-18 | 90.30 |
| 2026-06-17 | 90.82 |
| 2026-06-16 | 90.41 |
| 2026-06-15 | 91.96 |
| 2026-06-12 | 89.73 |
| 2026-06-11 | 89.45 |
| 2026-06-10 | 89.77 |
| 2026-06-09 | 91.12 |
| 2026-06-08 | 91.90 |
| 2026-06-05 | 87.69 |
| 2026-06-04 | 95.96 |
| 2026-06-03 | 95.10 |
| 2026-06-02 | 97.06 |
| 2026-06-01 | 96.54 |
| 2026-05-29 | 87.40 |
| 2026-05-28 | 87.14 |
| 2026-05-27 | 87.19 |
| 2026-05-26 | 88.99 |
| 2026-05-22 | 87.08 |
| 2026-05-21 | 83.56 |
| 2026-05-20 | 81.79 |
| 2026-05-19 | 78.82 |
| 2026-05-18 | 80.65 |
| 2026-05-15 | 80.94 |
| 2026-05-14 | 82.25 |
| 2026-05-13 | 82.65 |
| 2026-05-12 | 83.46 |
| 2026-05-11 | 84.90 |
| 2026-05-08 | 84.55 |
| 2026-05-07 | 83.19 |
| 2026-05-06 | 82.73 |
| 2026-05-05 | 82.43 |
| 2026-05-04 | 81.47 |
| 2026-05-01 | 83.98 |
| 2026-04-30 | 81.18 |
| 2026-04-29 | 81.27 |
| 2026-04-28 | 80.13 |
| 2026-04-27 | 82.89 |
| 2026-04-24 | 81.99 |
| 2026-04-23 | 77.42 |
| 2026-04-22 | 81.68 |
| 2026-04-21 | 80.26 |
| 2026-04-20 | 78.45 |
| 2026-04-17 | 76.61 |
| 2026-04-16 | 75.61 |
| 2026-04-15 | 74.90 |
| 2026-04-14 | 72.01 |
| 2026-04-13 | 70.99 |
| 2026-04-10 | 65.43 |
| 2026-04-09 | 69.21 |
| 2026-04-08 | 71.31 |
| 2026-04-07 | 68.84 |
| 2026-04-06 | 68.82 |
| 2026-04-02 | 68.65 |
| 2026-04-01 | 69.01 |
| 2026-03-31 | 68.44 |
| 2026-03-30 | 66.72 |
| 2026-03-27 | 66.94 |
| 2026-03-26 | 69.12 |
| 2026-03-25 | 69.31 |
| 2026-03-24 | 70.03 |
| 2026-03-23 | 72.05 |
| 2026-03-20 | 69.93 |
| 2026-03-19 | 70.79 |
| 2026-03-18 | 71.34 |
| 2026-03-17 | 72.35 |
| 2026-03-16 | 72.10 |
| 2026-03-13 | 70.70 |
| 2026-03-12 | 71.51 |
| 2026-03-11 | 72.45 |
| 2026-03-10 | 72.24 |
| 2026-03-09 | 73.41 |
| 2026-03-06 | 73.14 |
| 2026-03-05 | 73.85 |
| 2026-03-04 | 75.23 |
| 2026-03-03 | 74.05 |
| 2026-03-02 | 74.72 |
| 2026-02-27 | 74.24 |
| 2026-02-26 | 73.30 |
| 2026-02-25 | 74.34 |
| 2026-02-24 | 71.58 |
| 2026-02-23 | 68.92 |
| 2026-02-20 | 72.98 |
| 2026-02-19 | 73.05 |
| 2026-02-18 | 78.61 |
| 2026-02-17 | 73.06 |
| 2026-02-13 | 77.18 |
| 2026-02-12 | 74.31 |
| 2026-02-11 | 77.23 |
| 2026-02-10 | 77.06 |
| 2026-02-09 | 75.00 |
| 2026-02-06 | 73.07 |
| 2026-02-05 | 69.62 |
| 2026-02-04 | 69.95 |
| 2026-02-03 | 69.20 |
| 2026-02-02 | 74.53 |
| 2026-01-30 | 76.38 |
| 2026-01-29 | 78.01 |
| 2026-01-28 | 82.60 |
| 2026-01-27 | 82.05 |
| 2026-01-26 | 82.99 |
| 2026-01-23 | 82.04 |
| 2026-01-22 | 81.72 |
| 2026-01-21 | 80.89 |
| 2026-01-20 | 79.12 |
| 2026-01-16 | 81.82 |
| 2026-01-15 | 82.63 |
| 2026-01-14 | 80.71 |
| 2026-01-13 | 83.26 |
| 2026-01-12 | 83.89 |
| 2026-01-09 | 84.36 |
| 2026-01-08 | 82.16 |
| 2026-01-07 | 82.61 |
| 2026-01-06 | 81.09 |
| 2026-01-05 | 77.63 |
| 2026-01-02 | 80.00 |
| 2025-12-31 | 80.56 |
| 2025-12-30 | 81.34 |
| 2025-12-29 | 81.88 |
| 2025-12-26 | 82.19 |
| 2025-12-24 | 81.90 |
| 2025-12-23 | 81.68 |
| 2025-12-22 | 81.85 |
| 2025-12-19 | 81.16 |
| 2025-12-18 | 81.21 |
| 2025-12-17 | 80.68 |
| 2025-12-16 | 82.35 |
| 2025-12-15 | 82.07 |
| 2025-12-12 | 83.30 |
| 2025-12-11 | 86.45 |
| 2025-12-10 | 87.13 |
| 2025-12-09 | 86.36 |
| 2025-12-08 | 86.93 |
| 2025-12-05 | 86.99 |
| 2025-12-04 | 86.93 |
| 2025-12-03 | 86.63 |
| 2025-12-02 | 81.94 |
| 2025-12-01 | 79.80 |
| 2025-11-28 | 80.37 |
| 2025-11-26 | 78.96 |
| 2025-11-25 | 78.26 |
| 2025-11-24 | 78.47 |
| 2025-11-21 | 77.47 |
| 2025-11-20 | 77.87 |
| 2025-11-19 | 79.06 |
| 2025-11-18 | 78.15 |
| 2025-11-17 | 80.23 |
| 2025-11-14 | 81.17 |
| 2025-11-13 | 81.44 |
| 2025-11-12 | 81.32 |
| 2025-11-11 | 82.09 |
| 2025-11-10 | 84.78 |
| 2025-11-07 | 83.78 |
| 2025-11-06 | 83.62 |
| 2025-11-05 | 84.44 |
| 2025-11-04 | 85.88 |
| 2025-11-03 | 86.45 |
| 2025-10-31 | 87.29 |
| 2025-10-30 | 86.62 |
| 2025-10-29 | 88.00 |
| 2025-10-28 | 92.24 |
| 2025-10-27 | 94.97 |
| 2025-10-24 | 93.27 |
| 2025-10-23 | 91.15 |
| 2025-10-22 | 89.33 |
| 2025-10-21 | 90.12 |
| 2025-10-20 | 89.09 |
| 2025-10-17 | 88.14 |
| 2025-10-16 | 87.64 |
| 2025-10-15 | 87.59 |
| 2025-10-14 | 88.04 |
| 2025-10-13 | 89.79 |
| 2025-10-10 | 88.38 |
| 2025-10-09 | 94.24 |
| 2025-10-08 | 94.59 |
| 2025-10-07 | 93.37 |
| 2025-10-06 | 95.50 |
| 2025-10-03 | 93.86 |
| 2025-10-02 | 93.85 |
| 2025-10-01 | 95.13 |
| 2025-09-30 | 94.94 |
| 2025-09-29 | 94.19 |
| 2025-09-26 | 94.62 |
| 2025-09-25 | 94.88 |
| 2025-09-24 | 96.48 |
| 2025-09-23 | 99.00 |
| 2025-09-22 | 100.91 |
| 2025-09-19 | 100.91 |
| 2025-09-18 | 98.62 |
| 2025-09-17 | 93.86 |
| 2025-09-16 | 94.33 |
| 2025-09-15 | 95.01 |
| 2025-09-12 | 92.83 |
| 2025-09-11 | 95.86 |
| 2025-09-10 | 91.49 |
| 2025-09-09 | 97.78 |
| 2025-09-08 | 97.47 |
| 2025-09-05 | 94.87 |
| 2025-09-04 | 94.41 |
| 2025-09-03 | 93.87 |
| 2025-09-02 | 92.65 |
| 2025-08-29 | 94.71 |
| 2025-08-28 | 95.75 |
Showing the most recent 260 of 4,617 data points. The chart above shows the full history.