Cadence Design Systems forward PE CDNS

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 36.9×
10-year median: 38.2×
Against its 10-year history: 44th; percentile: 0 is its lowest day, 100 its highest
10-year range: 19.2× to 60.6×
Peer median: 18.3×

Cadence Design Systems' forward PE is 36.9× as of Oct 23, 2026.

That is below its ten-year median of 38.2×, close to the middle of its last ten years.

Over that time it ranged from 19.2× in Nov 2016 to 60.6× in Feb 2024.

The median for 10 application software stocks of a similar size is 18.3×.

Forward PE over time

median 38.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	36.9×	33.0×	46.8×
2025	40.3×	34.5×	48.7×
2024	45.8×	39.1×	60.6×
2023	52.9×	35.0×	53.6×
2022	35.2×	31.2×	44.6×
2021	50.0×	37.4×	50.5×
2020	45.5×	22.8×	45.5×
2019	31.9×	22.2×	36.0×
2018	22.2×	20.8×	32.5×
2017	29.7×	19.7×	32.3×
2016	19.4×	17.0×	21.5×
2015	18.6×	17.1×	20.3×
2014	19.3×	16.3×	19.5×
2013	17.0×	15.5×	19.5×
2012	17.9×	14.6×	19.6×
2011	17.9×	14.8×	25.9×
2010	24.3×	23.8×	63.6×
2009	56.7×	54.2×	97.8×
2008	n/m a value too high to mean anything
2007	18.0×	15.9×	23.4×

Against its peers

Companies in Software - Application nearest Cadence Design Systems' size, closest first, today.

Company	Forward PE
CDNSCadence Design Systems	36.9×
APPAppLovin	14.4×
INTUIntuit	14.9×
DDOGDatadog	101×
ADBEAdobe	9.8×
SNOWSnowflake	128×
ADPAutomatic Data Processing	24.8×
TEAMAtlassian	41.4×
MSTRStrategy	4.6×
UBERUber Technologies	17.3×
ADSKAutodesk	19.4×
Peer median	18.3×

Where Cadence Design Systems ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Cadence Design Systems

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.