CGNX
Cognex
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: CGNX
- PE Ratio
The P/E ratio for Cognex stock stands at 76.75 as of Jul 31, 2026. This takes into account the latest EPS of $0.85 and stock price of $65.24. An increase of 37% has been observed in the PE ratio compared to its average of 56.0 of the past four quarters.
CGNX PE ratio history
Over the last ten years, the average PE ratio of Cognex has been 51.94. The current 76.75 price-to-earnings ratio is 48% more than the historical average. Analyzing the last ten years, CGNX's PE ratio reached its highest point in the Jun 2024 quarter at 101.65, with a price of $46.76 and an EPS of $0.46. The Jul 2022 quarter saw the lowest point at 29.17, with a price of $43.47 and an EPS of $1.49.
Cognex PE ratio by year
Maximum annual increase: 142.29% in 2016
Maximum annual decrease: -49.22% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 52.91 | -8.52% | $35.98 | $0.68 |
| 2024 | 57.84 | -8.54% | $35.86 | $0.62 |
| 2023 | 63.24 | 66.46% | $41.74 | $0.66 |
| 2022 | 37.99 | -22.33% | $47.11 | $1.24 |
| 2021 | 48.91 | -37.86% | $77.76 | $1.59 |
| 2020 | 78.71 | 67.15% | $80.29 | $1.02 |
| 2019 | 47.09 | 54.65% | $56.04 | $1.19 |
| 2018 | 30.45 | -49.22% | $38.67 | $1.27 |
| 2017 | 59.96 | 58.33% | $61.16 | $1.02 |
| 2016 | 37.87 | 142.29% | $31.81 | $0.84 |
| 2015 | 15.63 | -47.05% | $16.89 | $1.08 |
| 2014 | 29.52 | -33.51% | $20.67 | $0.7 |
| 2013 | 44.4 | 93.04% | $19.09 | $0.43 |
| 2012 | 23 | 7.98% | $9.2 | $0.4 |
| 2011 | 21.3 | 12.94% | $8.95 | $0.42 |
Cognex PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 57.85 | 9.34% | $49.17 | $0.85 |
| Dec 2025 | 52.91 | -23.74% | $35.98 | $0.68 |
| Sep 2025 | 69.38 | 58.8% | $45.79 | $0.66 |
| Jun 2025 | 43.69 | 0.46% | $31.46 | $0.72 |
| Mar 2025 | 43.49 | -24.81% | $30.01 | $0.69 |
| Dec 2024 | 57.84 | -25.31% | $35.86 | $0.62 |
| Sep 2024 | 77.44 | -23.82% | $40.27 | $0.52 |
| Jun 2024 | 101.65 | 38.98% | $46.76 | $0.46 |
| Mar 2024 | 73.14 | 15.65% | $42.42 | $0.58 |
| Dec 2023 | 63.24 | 35.59% | $41.74 | $0.66 |
| Oct 2023 | 46.64 | -16.74% | $42.44 | $0.91 |
| Jul 2023 | 56.02 | 14.19% | $56.02 | $1 |
| Apr 2023 | 49.06 | 29.14% | $49.55 | $1.01 |
| Dec 2022 | 37.99 | 13.64% | $47.11 | $1.24 |
| Oct 2022 | 33.43 | 14.6% | $41.45 | $1.24 |
CGNX Price vs fair value
CGNX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
CGNX's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 76.75, CGNX stands higher than the Technology sector, the industry and its peers average. Looking at the Technology sector average of 34.94, Cognex's price to earnings (P/E) is 120% higher.
CGNX PE vs peers
CGNX's PE ratio is above its peer stocks DHR and HON. Cognex is currently trading at a higher PE ratio (76.75) than its peers average of 32.17.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HON Honeywell International Inc | 9.6 | $78.82B |
| ROP Roper Technologies Inc | 16.47 | $39.44B |
| DHR Danaher Corp | 35.13 | $139.54B |
| ZBRA Zebra Technologies Corp - Class A | 35.48 | $14.08B |
| AME Ametek Inc | 36.65 | $55.7B |
| MKSI MKS Instruments Inc | 61.32 | $20.13B |
| CGNX Cognex Corp | 77.06 | $10.9B |
| HURC Hurco Companies Inc | N/A | $134.97M |
Frequently asked questions
What is Cognex's PE ratio?
The price to earnings ratio for CGNX stock is 76.75 as of Jul 31, 2026.
What is the 3-year average PE ratio for Cognex (CGNX)?
The average PE ratio for CGNX stock over the past 3 years is 62.48.
What is the 5-year average PE ratio for Cognex (CGNX)?
The average PE ratio for CGNX stock over the past 5 years is 54.69.
What is the highest PE ratio for CGNX?
Over the last ten years, the quarterly PE ratio reached its highest level at 101.65 in the Jun 2024 quarter.
How does the current PE ratio for CGNX compare to its historical average?
CGNX's price to earnings ratio is currently 48% 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 76.75 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 (Jul 31, 2026), Cognex's share price is $65.24. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $0.85. Therefore, Cognex's price to earnings ratio for today is 76.75. PE RATIO(76.75) = STOCK PRICE($65.24) / TTM EPS($0.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.