CGNX Cognex PE ratio, current and historical analysis
The P/E ratio for Cognex stock stands at 75.38 as of Nov 21, 2024. This takes into account the latest EPS of $0.52 and stock price of $39.2. A decrease of 4.4% has been observed in the PE ratio compared to its average of 78.9 of the past four quarters.
CGNX PE ratio history
Over the last ten years, the average PE ratio of Cognex has been 46.6. The current 75.38 price-to-earnings ratio is 62% 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 Dec 2015 quarter saw the lowest point at 15.63, with a price of $16.89 and an EPS of $1.08.
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
CGNX's current PE ratio is higher than the 3, 5 and 10-year averages.
CGNX PE vs peers
CGNX's PE ratio is less than its peer stock MKSI, but it is above DHR's and HON's. Cognex is currently trading at a higher PE ratio (75.38) than its peers average of 39.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HON Honeywell International Inc | 25.99 | $147.01B |
| AME Ametek Inc | 33.93 | $45.28B |
| ROP Roper Technologies Inc | 40.19 | $59.43B |
| DHR Danaher Corp | 44.43 | $169.77B |
| ZBRA Zebra Technologies Corp | 53.09 | $20.24B |
| CGNX Cognex Corp | 75.38 | $6.72B |
| MKSI Mks Instruments Inc | 241.94 | $7.65B |
| HURC Hurco Companies Inc | N/A | $147.63M |
Frequently asked questions
What is Cognex's PE ratio?
The price to earnings ratio for CGNX stock is 75.38 as of Nov 21, 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 55.48.
What is the 5-year average PE ratio for Cognex (CGNX)?
The average PE ratio for CGNX stock over the past 5 years is 56.06.
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 62% 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 75.38 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 (Nov 21, 2024), Cognex's share price is $39.2. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.52. Therefore, Cognex's price to earnings ratio for today is 75.38. PE RATIO(75.38) = STOCK PRICE($39.2) / TTM EPS($0.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.