Based on the latest data from Jul 31, 2026, CGNX's PEG ratio sits at 3.31. This metric combines a PE of 76.75 with an earnings growth rate of 23.2%. Relative to the 2.82 average from the past 4 quarters, the PEG ratio has increased by 17%.
Looking at the past ten years, CGNX's PEG ratio has settled around 2.69 on average. At 3.31, today's PEG ratio sits 23% higher than its historical average. Within the past ten years, the Jul 2017 quarter saw the highest PEG reading at 10.25. At 0.43, the Jul 2021 quarter represented the lowest PEG ratio in this timeframe.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 5.45 | 52.91 | 9.7% |
| 2024 | N/A | 57.84 | -6.1% |
| 2023 | N/A | 63.24 | -46.8% |
| 2022 | N/A | 37.99 | -22% |
| 2021 | 0.87 | 48.91 | 55.9% |
| 2020 | N/A | 78.71 | -14.3% |
| 2019 | N/A | 47.09 | -6.3% |
| 2018 | 1.24 | 30.45 | 24.5% |
| 2017 | 2.8 | 59.96 | 21.4% |
| 2016 | N/A | 37.87 | -22.2% |
| 2015 | 0.29 | 15.63 | 54.3% |
| 2014 | 0.47 | 29.52 | 62.8% |
| 2013 | 5.92 | 44.4 | 7.5% |
| 2012 | N/A | 23 | -4.8% |
| 2011 | 2.77 | 21.3 | 7.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Apr 2026 | 2.49 | 57.85 | 23.2% |
| Dec 2025 | 5.45 | 52.91 | 9.7% |
| Sep 2025 | 2.58 | 69.38 | 26.9% |
| Jun 2025 | 0.77 | 43.69 | 56.5% |
| Mar 2025 | 2.29 | 43.49 | 19% |
| Dec 2024 | N/A | 57.84 | -6.1% |
| Sep 2024 | N/A | 77.44 | -42.9% |
| Jun 2024 | N/A | 101.65 | -54% |
| Mar 2024 | N/A | 73.14 | -42.6% |
| Dec 2023 | N/A | 63.24 | -46.8% |
| Oct 2023 | N/A | 46.64 | -26.6% |
| Jul 2023 | N/A | 56.02 | -32.9% |
| Apr 2023 | N/A | 49.06 | -36.5% |
| Dec 2022 | N/A | 37.99 | -22% |
| Oct 2022 | N/A | 33.43 | -26.6% |
CGNX's PEG ratio today is above the 3, 5 and 10-year averages.
With a PEG of 3.31, CGNX ranks higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 0.74, Cognex's PEG is 347% higher.
Among its peers, CGNX has a PEG ratio below stock AME, while higher than DHR's and HON's. At 3.31, Cognex's PEG ratio sits higher than the peer group average of 0.9.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| HON Honeywell International Inc | 0.21 | $78.82B |
| ROP Roper Technologies Inc | 0.24 | $39.44B |
| MKSI MKS Instruments Inc | 1.39 | $20.13B |
| DHR Danaher Corp | 1.8 | $139.54B |
| CGNX Cognex Corp | 3.32 | $10.9B |
| AME Ametek Inc | 4.42 | $55.7B |
| ZBRA Zebra Technologies Corp - Class A | N/A | $14.08B |
| HURC Hurco Companies Inc | N/A | $134.97M |
Based on Jul 31, 2026 data, CGNX shows a PEG ratio of 3.31.
Across the past 3 years, CGNX's PEG ratio has centered around 2.72.
Across the past 5 years, CGNX's PEG ratio has centered around 2.18.
In the last ten years, CGNX's peak PEG ratio of 10.25 occurred in the Jul 2017 quarter.
CGNX currently has a PEG ratio 23% above its 10-year average.
Slow earnings growth combined with a rich valuation drives CGNX's PEG ratio to 3.31.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jul 31, 2026, Cognex carries a PE ratio of 76.75. Earnings grew at 23.2% over the TTM period ending Apr 2026. Applying the formula, this yields a PEG ratio of 3.31. PEG RATIO(3.31) = PE RATIO(76.75) / EPS GROWTH(23.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.