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CGNX Cognex PE ratio, current and historical analysis

The P/E ratio for Cognex stock stands at 83.64 as of May 20, 2024. This takes into account the latest EPS of $0.58 and stock price of $48.51. An increase of 40% has been observed in the PE ratio compared to its average of 59.8 of the past four quarters.

CGNX PE ratio history

How has CGNX's PE ratio performed in the past

Over the last ten years, the average PE ratio of Cognex has been 43.84. The current 83.64 price-to-earnings ratio is 91% more than the historical average. Analyzing the last ten years, CGNX's PE ratio reached its highest point in the Dec 2020 quarter at 78.71, with a price of $80.29 and an EPS of $1.02. The Dec 2015 quarter saw the lowest point at 15.63, with a price of $16.89 and an EPS of $1.08.

Average
43.84
Median
41.13
Minimum
15.63
Maximum
78.71

Cognex PE ratio by year

Maximum annual increase: 142.29% in 2016

Maximum annual decrease: -49.22% in 2018

Year PE ratio Change
2023 63.24 66.46%
2022 37.99 -22.33%
2021 48.91 -37.86%
2020 78.71 67.15%
2019 47.09 54.65%
2018 30.45 -49.22%
2017 59.96 58.33%
2016 37.87 142.29%
2015 15.63 -47.05%
2014 29.52 -33.51%

CGNX average PE ratio chart

What is the average PE ratio of CGNX for the past years

CGNX's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
48.62
5-year avg
51.59
10-year avg
43.84
15-year avg
41.89

CGNX PE vs peers

What is CGNX's PE ratio compared to its peers

CGNX's PE ratio is above its peer stocks DHR and HON. Cognex is currently trading at a higher PE ratio (83.64) than its peers average of 46.64.

Stock name PE ratio Market cap
HON Honeywell International Inc 23.43 $132.61B
AME Ametek Inc 29.42 $39.02B
ROP Roper Technologies Inc 38.89 $57.79B
DHR Danaher Corp 44.76 $197.58B
ZBRA Zebra Technologies Corp 63.09 $16.45B
HURC Hurco Companies Inc 80.39 $115.06M
CGNX Cognex Corp 82.91 $8.26B
MKSI Mks Instruments Inc N/A $8.88B

Frequently asked questions

What is Cognex's PE ratio?

The price to earnings ratio for CGNX stock is 83.64 as of May 20, 2024.

What is the 3-year average PE ratio for Cognex (CGNX)?

The average PE ratio for CGNX stock over the past 3 years is 48.62.

What is the 5-year average PE ratio for Cognex (CGNX)?

The average PE ratio for CGNX stock over the past 5 years is 51.59.

What is the highest PE ratio for CGNX?

Within the last ten years, the current price to earnings ratio is at its peak with a value of 83.64.

How does the current PE ratio for CGNX compare to its historical average?

CGNX's price to earnings ratio is currently 91% above its 10-year historical average.

Why is Cognex's PE ratio so high?

CGNX's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 83.64 is considered high.

How is CGNX's PE ratio calculated (Cognex PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 20, 2024), Cognex's share price is $48.51. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.58. Therefore, Cognex's price to earnings ratio for today is 83.64. PE RATIO(83.64) = STOCK PRICE($48.51) / TTM EPS($0.58)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.