CDNS
Cadence Design Systems
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: CDNS
- PEG Ratio
As of Jun 3, 2026, CDNS's PEG ratio of 11.11 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 94.44 measured against EPS growth of 8.5%.
CDNS PEG ratio history
Cadence Design Systems's ten years historical PEG ratio averages out to 9.41. Compared to historical data, CDNS's 11.11 PEG ratio represents an increase of 18%. 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 |
|---|---|---|---|
| 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% |
| Dec 2022 | 2.21 | 51.32 | 23.2% |
| Oct 2022 | 4.24 | 56.75 | 13.4% |
CDNS average PEG ratio chart
Measured against past performance, CDNS's PEG ratio is above the 10-year average, yet it comes in under the 3 and 5-year averages.
PEG comparison
Cadence Design Systems's PEG of 11.11 is higher than the Technology sector, the industry and its peers average.
CDNS EPS growth
CDNS Price vs fair value
CDNS PEG vs peers
Among its peer stocks TER and ADSK, CDNS's PEG ratio runs higher. Cadence Design Systems's PEG ratio of 11.11 is above the peer average of 0.79.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| PTC Ptc Inc | 0.07 | $16.15B |
| ADSK Autodesk Inc | 0.73 | $49.34B |
| PDFS Pdf Solutions Inc | 0.9 | $2.27B |
| TER Teradyne Inc | 1.47 | $64.14B |
| CDNS Cadence Design Systems Inc | 11.16 | $113.03B |
| SNPS Synopsys Inc | N/A | $94.16B |
| CEVA Ceva Inc | N/A | $1.39B |
Frequently asked questions
What is Cadence Design Systems's PEG ratio?
Based on Jun 3, 2026 data, CDNS shows a PEG ratio of 11.11.
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 20.03.
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 14.29.
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 18% higher 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 11.11 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 Jun 3, 2026, Cadence Design Systems carries a PE ratio of 94.44. Earnings grew at 8.5% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 11.11. PEG RATIO(11.11) = PE RATIO(94.44) / EPS GROWTH(8.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.