The P/E ratio for Cognex stock stands at 41.33 as of Nov 29, 2023. This takes into account the latest EPS of $0.91 and stock price of $37.61. A decrease of 13% has been observed in the PE ratio compared to its average of 47.4 of the past four quarters.
Over the last ten years, the average PE ratio of Cognex has been 42.48. The current 41.33 price-to-earnings ratio is 2.7% less 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 |
|---|---|---|
| 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% |
| 2013 | 44.4 | 93.04% |
CGNX's current PE ratio is under its 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 (41.33) than its peers average of 27.4.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ROP Roper Technologies Inc | 19.09 | $56.17B |
| HON Honeywell International Inc | 23.86 | $128.07B |
| ZBRA Zebra Technologies Corp | 26.26 | $12.15B |
| AME Ametek Inc | 27.5 | $35.28B |
| DHR Danaher Corp | 27.71 | $164.43B |
| HURC Hurco Companies Inc | 39.98 | $134.35M |
| CGNX Cognex Corp | 41.33 | $6.47B |
| MKSI Mks Instruments Inc | N/A | $5.49B |
The price to earnings ratio for CGNX stock is 41.33 as of Nov 29, 2023.
The average PE ratio for CGNX stock over the past 3 years is 49.26.
The average PE ratio for CGNX stock over the past 5 years is 48.33.
Over the last ten years, the quarterly PE ratio reached its highest level at 78.71 in the Dec 2020 quarter.
CGNX's price to earnings ratio is currently 2.7% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 29, 2023), Cognex's share price is $37.61. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2023 is $0.91. Therefore, Cognex's price to earnings ratio for today is 41.33. PE RATIO(41.33) = STOCK PRICE($37.61) / TTM EPS($0.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.