The P/E ratio for Cognex stock stands at 83.95 as of Jul 25, 2024. This takes into account the latest EPS of $0.58 and stock price of $48.69. An increase of 40% has been observed in the PE ratio compared to its average of 59.8 of the past four quarters.
Over the last ten years, the average PE ratio of Cognex has been 44.0. The current 83.95 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.
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's current PE ratio is higher than the 3, 5 and 10-year averages.
CGNX's PE ratio is above its peer stocks DHR and HON. Cognex is currently trading at a higher PE ratio (83.95) than its peers average of 40.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HON Honeywell International Inc | 22.99 | $131.71B |
| AME Ametek Inc | 30.06 | $39.88B |
| ROP Roper Technologies Inc | 39.52 | $58.72B |
| DHR Danaher Corp | 48.14 | $197.82B |
| ZBRA Zebra Technologies Corp | 64.3 | $16.76B |
| CGNX Cognex Corp | 85.66 | $8.53B |
| MKSI Mks Instruments Inc | N/A | $8.37B |
| HURC Hurco Companies Inc | N/A | $118.33M |
The price to earnings ratio for CGNX stock is 83.95 as of Jul 25, 2024.
The average PE ratio for CGNX stock over the past 3 years is 48.62.
The average PE ratio for CGNX stock over the past 5 years is 52.21.
Within the last ten years, the current price to earnings ratio is at its peak with a value of 83.95.
CGNX's price to earnings ratio is currently 91% above its 10-year historical average.
CGNX's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 83.95 is considered high.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Cognex's share price is $48.69. 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 83.95. PE RATIO(83.95) = STOCK PRICE($48.69) / TTM EPS($0.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.