Price to Earnings (P/E)
since 2005
Calculation
Cadence Design Systems Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | 78.64 | = | 300.74 | ÷ | 3.82 | 3.82 | = | 1,041,144 | ÷ | 272,239,000 | |
| Feb 13, 2023 | 59.70 | = | 185.70 | ÷ | 3.11 | 3.11 | = | 848,952 | ÷ | 272,940,000 | |
| Feb 22, 2022 | 53.88 | = | 135.21 | ÷ | 2.51 | 2.51 | = | 695,955 | ÷ | 277,336,000 | |
| Feb 22, 2021 | 62.89 | = | 133.16 | ÷ | 2.12 | 2.12 | = | 590,644 | ÷ | 278,974,000 | |
| Feb 24, 2020 | 20.22 | = | 71.39 | ÷ | 3.53 | 3.53 | = | 988,979 | ÷ | 280,168,000 | |
| Feb 27, 2019 | 46.59 | = | 57.45 | ÷ | 1.23 | 1.23 | = | 345,777 | ÷ | 280,385,000 | |
| Feb 20, 2018 | 55.67 | = | 40.17 | ÷ | 0.72 | 0.72 | = | 204,101 | ÷ | 282,869,000 | |
| Feb 10, 2017 | 40.53 | = | 29.53 | ÷ | 0.73 | 0.73 | = | 203,086 | ÷ | 278,769,000 | |
| Feb 18, 2016 | 25.14 | = | 20.78 | ÷ | 0.83 | 0.83 | = | 252,417 | ÷ | 305,358,000 | |
| Feb 20, 2015 | 34.03 | = | 18.50 | ÷ | 0.54 | 0.54 | = | 158,898 | ÷ | 292,324,000 | |
| Feb 20, 2014 | 26.30 | = | 14.94 | ÷ | 0.57 | 0.57 | = | 164,243 | ÷ | 289,094,199 | |
| Feb 21, 2013 | 9.11 | = | 14.23 | ÷ | 1.56 | 1.56 | = | 439,948 | ÷ | 281,707,719 | |
| Feb 24, 2012 | 44.80 | = | 11.81 | ÷ | 0.26 | 0.26 | = | 72,229 | ÷ | 273,972,723 | |
| Feb 24, 2011 | 20.39 | = | 9.61 | ÷ | 0.47 | 0.47 | = | 126,538 | ÷ | 268,485,949 | |
| Feb 26, 2010 | — | = | 5.70 | ÷ | -0.55 | -0.55 | = | -149,871 | ÷ | 270,240,892 | |
| Mar 2, 2009 | — | = | 3.97 | ÷ | -7.01 | -7.01 | = | -1,854,038 | ÷ | 264,603,479 | |
| Feb 26, 2008 | 10.43 | = | 11.11 | ÷ | 1.06 | 1.06 | = | 296,252 | ÷ | 278,205,971 | |
| Feb 23, 2007 | 41.15 | = | 20.97 | ÷ | 0.51 | 0.51 | = | 142,592 | ÷ | 279,823,852 | |
| Mar 10, 2006 | 103.88 | = | 18.08 | ÷ | 0.17 | 0.17 | = | 49,343 | ÷ | 283,502,942 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Cadence Design Systems Inc. Annual Report.
Comparison to Competitors
Cadence Design Systems Inc., P/E, long-term trends, comparison to competitors
| Cadence Design Systems Inc. | Accenture PLC | Adobe Inc. | Autodesk Inc. | CrowdStrike Holdings Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | 78.64 | 27.81 | 49.64 | 51.99 | — | 22.50 | 64.61 | 33.96 | 38.96 | 170.35 | 879.57 | 90.80 | 70.08 |
| Feb 13, 2023 | 59.70 | 22.93 | 33.15 | 82.51 | — | 71.56 | 57.31 | 28.34 | 26.85 | — | 135.68 | 284.28 | 51.76 |
| Feb 22, 2022 | 53.88 | 36.58 | 48.90 | 47.53 | — | 19.40 | 75.17 | 35.14 | 15.84 | — | 48.20 | 487.70 | 73.37 |
| Feb 22, 2021 | 62.89 | 28.32 | 41.69 | 152.72 | — | 19.30 | 49.52 | 35.04 | 16.69 | — | 1,204.70 | 978.47 | 55.92 |
| Feb 24, 2020 | 20.22 | 24.58 | 57.17 | — | — | 13.35 | 48.17 | 26.86 | 16.89 | — | 107.70 | 106.89 | 39.55 |
| Feb 27, 2019 | 46.59 | 24.10 | 46.11 | — | — | 14.25 | 46.88 | 50.00 | 45.90 | — | 731.11 | — | 29.60 |
| Feb 20, 2018 | 55.67 | 26.18 | 57.41 | — | — | 25.07 | 37.26 | 26.25 | 22.49 | — | 324.94 | — | 95.81 |
| Feb 10, 2017 | 40.53 | 18.07 | 46.80 | — | — | 14.29 | 29.60 | 26.08 | 18.53 | — | — | — | 33.71 |
| Feb 18, 2016 | 25.14 | 22.75 | 70.59 | 171.18 | — | 9.65 | 63.89 | 30.63 | 17.92 | — | — | — | 30.45 |
| Feb 20, 2015 | 34.03 | 17.46 | 132.73 | 52.22 | — | 13.55 | 26.44 | 16.11 | 16.33 | — | — | — | 25.00 |
| Feb 20, 2014 | 26.30 | 15.20 | 104.21 | 36.21 | — | 11.58 | 21.73 | 12.14 | 12.78 | — | — | — | 24.68 |
| Feb 21, 2013 | 9.11 | 17.95 | 22.73 | 31.93 | — | 13.37 | 22.37 | 14.40 | 13.61 | 6,057.94 | — | — | 26.53 |
| Feb 24, 2012 | 44.80 | 17.60 | 18.49 | 42.36 | — | 14.47 | 22.53 | 10.03 | 19.17 | — | 251.73 | — | 17.51 |
| Feb 24, 2011 | 20.39 | 17.62 | 22.05 | 115.08 | — | 13.32 | 24.82 | 11.91 | 17.66 | — | 118.88 | — | 17.09 |
| Feb 26, 2010 | — | 17.45 | 46.62 | 16.51 | — | 12.24 | 20.01 | 14.56 | 19.25 | — | 87.39 | — | 18.86 |
| Mar 2, 2009 | — | 13.74 | 11.84 | 20.54 | — | 9.40 | 20.68 | 13.28 | 19.44 | — | 388.13 | — | 13.55 |
| Feb 26, 2008 | 10.43 | 24.38 | 27.23 | 35.99 | — | 15.20 | 21.92 | 74.58 | 23.58 | — | 10,271.10 | — | 29.39 |
| Feb 23, 2007 | 41.15 | 26.95 | 44.72 | 26.63 | — | 14.90 | 27.35 | 63.21 | 23.43 | — | 151.60 | — | 156.86 |
| Mar 10, 2006 | 103.88 | 24.06 | 38.61 | 30.63 | — | 15.85 | 21.02 | 70.27 | 23.70 | — | 207.38 | — | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Software & Services)
Cadence Design Systems Inc., P/E, long-term trends, comparison to sector (software & services)
| Cadence Design Systems Inc. | Software & Services | |
|---|---|---|
| Feb 14, 2024 | 78.64 | 39.01 |
| Feb 13, 2023 | 59.70 | 33.75 |
| Feb 22, 2022 | 53.88 | 36.39 |
| Feb 22, 2021 | 62.89 | 36.61 |
| Feb 24, 2020 | 20.22 | 27.87 |
| Feb 27, 2019 | 46.59 | 43.57 |
| Feb 20, 2018 | 55.67 | 30.42 |
| Feb 10, 2017 | 40.53 | 23.95 |
| Feb 18, 2016 | 25.14 | 23.14 |
| Feb 20, 2015 | 34.03 | 18.11 |
| Feb 20, 2014 | 26.30 | 13.97 |
| Feb 21, 2013 | 9.11 | 15.07 |
| Feb 24, 2012 | 44.80 | 14.03 |
| Feb 24, 2011 | 20.39 | 14.18 |
| Feb 26, 2010 | — | 15.18 |
| Mar 2, 2009 | — | 13.94 |
| Feb 26, 2008 | 10.43 | 43.60 |
| Feb 23, 2007 | 41.15 | 39.44 |
| Mar 10, 2006 | 103.88 | 44.56 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Cadence Design Systems Inc., P/E, long-term trends, comparison to industry (information technology)
| Cadence Design Systems Inc. | Information Technology | |
|---|---|---|
| Feb 14, 2024 | 78.64 | 35.72 |
| Feb 13, 2023 | 59.70 | 27.05 |
| Feb 22, 2022 | 53.88 | 29.31 |
| Feb 22, 2021 | 62.89 | 31.09 |
| Feb 24, 2020 | 20.22 | 22.67 |
| Feb 27, 2019 | 46.59 | 23.23 |
| Feb 20, 2018 | 55.67 | 23.57 |
| Feb 10, 2017 | 40.53 | 19.57 |
| Feb 18, 2016 | 25.14 | 16.46 |
| Feb 20, 2015 | 34.03 | 17.02 |
| Feb 20, 2014 | 26.30 | 14.09 |
| Feb 21, 2013 | 9.11 | 14.45 |
| Feb 24, 2012 | 44.80 | 13.82 |
| Feb 24, 2011 | 20.39 | 15.09 |
| Feb 26, 2010 | — | 21.36 |
| Mar 2, 2009 | — | 15.77 |
| Feb 26, 2008 | 10.43 | 36.48 |
| Feb 23, 2007 | 41.15 | 31.99 |
| Mar 10, 2006 | 103.88 | 33.65 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).