Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 35.95.
Forward PE Ratio (35.95) = Close Price ($284.51) / Consensus Forward EPS ($8.14)
FORWARD PE RATIO
35.95
SECTOR MEDIAN · TECHNOLOGY
27.24
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
+31.98%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$78.35B
Forward PE Ratio
35.95
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $78.35B | 35.95 |
| Motorola Solutions, Inc. (MSI)vs › | $76.83B | 26.44 |
| Lumentum Holdings Inc. (LITE)vs › | $76.36B | 107.14 |
| Synopsys, Inc. (SNPS)vs › | $75.42B | 26.01 |
| Datadog, Inc. (DDOG)vs › | $74.18B | N/A |
| Hewlett Packard Enterprise Company (HPE)vs › | $73.84B | 13.69 |
| Intuit Inc. (INTU)vs › | $86.86B | 13.96 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.30B | N/A |
| Monolithic Power Systems, Inc. (MPWR)vs › | $59.85B | 44.63 |
| TE Connectivity plc (TEL)vs › | $59.71B | 18.23 |
Trailing P/E
58.2
reported TTM EPS
Forward P/E
36.0
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 $284.51 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 | 12 | 34.9x |
| 2027-12-31 | $9.53 | $8.89 – $10.17 | 16 | 29.9x |
| 2028-12-31 | $10.89 | $8.76 – $14.09 | 8 | 26.1x |
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