CDNS
Cadence Design Systems
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: CDNS
- PEG Ratio
As of Nov 11, 2026, CDNS's PEG ratio of 2.19 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 64.94 measured against EPS growth of 29.7%. When benchmarked against the trailing 4-quarter average of 6.7, CDNS's PEG ratio reflects a 67% decrease.
CDNS PEG ratio history
Cadence Design Systems's ten years historical PEG ratio averages out to 9.09. Compared to historical data, CDNS's 2.19 PEG ratio represents a decrease of 76%. CDNS hit its maximum PEG ratio of 96.55 during the Dec 2024 quarter over the last ten years. The Dec 2019 quarter marked the lowest reading at 0.1, indicating the most attractive growth-adjusted valuation.
Cadence Design Systems PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 14.99 | 76.43 | 5.1% |
| 2024 | 96.55 | 77.24 | 0.8% |
| 2023 | 3.03 | 70.56 | 23.3% |
| 2022 | 2.21 | 51.32 | 23.2% |
| 2022 | 4.17 | 73.37 | 17.6% |
| 2021 | N/A | 63.16 | -40.3% |
| 2019 | 0.1 | 19.42 | 187.3% |
| 2018 | 0.51 | 34.4 | 68% |
| 2017 | 9.96 | 55.76 | 5.6% |
| 2016 | N/A | 35.52 | -19.3% |
| 2016 | 0.41 | 23.65 | 57.1% |
| 2015 | N/A | 33.63 | -5.1% |
| 2013 | N/A | 23.61 | -63.8% |
| 2012 | 0.02 | 8.25 | 503.7% |
| 2011 | N/A | 38.52 | -44.9% |
Cadence Design Systems PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 2.19 | 65.13 | 29.7% |
| Jun 2026 | 2.04 | 74.03 | 36.3% |
| Mar 2026 | 7.57 | 64.32 | 8.5% |
| Dec 2025 | 14.99 | 76.43 | 5.1% |
| Sep 2025 | 49.91 | 89.84 | 1.8% |
| Jun 2025 | N/A | 82.84 | -4.9% |
| Mar 2025 | 24.58 | 63.9 | 2.6% |
| Dec 2024 | 96.55 | 77.24 | 0.8% |
| Sep 2024 | 8.61 | 70.58 | 8.2% |
| Jun 2024 | 4.25 | 78.71 | 18.5% |
| Mar 2024 | 3.58 | 80.23 | 22.4% |
| Dec 2023 | 3.03 | 70.56 | 23.3% |
| Sep 2023 | 2.83 | 66 | 23.3% |
| Jun 2023 | 4.39 | 71.07 | 16.2% |
| Mar 2023 | 4.02 | 66.27 | 16.5% |
CDNS average PEG ratio chart
Measured against past performance, CDNS's PEG ratio comes in under the 3, 5 and 10-year averages.
PEG comparison
Cadence Design Systems's PEG of 2.19 is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 0.56, Cadence Design Systems's PEG is 291% higher.
CDNS EPS growth
CDNS Price vs fair value
CDNS PEG vs peers
Among its peer stocks ADSK and TER, CDNS's PEG ratio runs higher.
Frequently asked questions
What is Cadence Design Systems's PEG ratio?
Based on Nov 11, 2026 data, CDNS shows a PEG ratio of 2.19.
What is the 3-year average PEG ratio for Cadence Design Systems (CDNS)?
Historical data over a 3-year period puts CDNS's average PEG ratio at 19.75.
What is the 5-year average PEG ratio for Cadence Design Systems (CDNS)?
Historical data over a 5-year period puts CDNS's average PEG ratio at 13.01.
What is the highest PEG ratio for CDNS?
The Dec 2024 quarter marked the ten years high at 96.55 for CDNS's PEG ratio.
How does the current PEG ratio for CDNS compare to its historical average?
At present, CDNS's PEG ratio runs 76% lower than its 10-year historical average.
Why is Cadence Design Systems's PEG ratio so high?
When a company's earnings growth lags its valuation, the PEG ratio tends to be elevated - as seen with CDNS's 2.19 reading.
How is CDNS's PEG ratio calculated (Cadence Design Systems PEG ratio formula)?
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, Cadence Design Systems carries a PE ratio of 64.94. Earnings grew at 29.7% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 2.19. PEG RATIO(2.19) = PE RATIO(64.94) / EPS GROWTH(29.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.