SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Cadence Design Systems, Inc. (CDNS) trades at a trailing P/E of 69.5, forward P/E of 36.3. Trailing earnings yield is 1.44%, forward earnings yield 2.76%. PEG 12.64. Graham Number is $43.14.
Criteria proven by this page:
- VALUE (27/100, Fail) — trailing P/E is well above the S&P 500 average of ~25, suggesting a premium valuation (P/E 69.5); PEG > 2.0 means the stock is expensive even after accounting for growth (PEG 12.64).
- Forward P/E 36.3 (down from trailing 69.5) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 12.64 — above 2.0 suggests expensive relative to earnings growth.
- Trailing Earnings Yield 1.44% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 2.76% as earnings recover.
- Analyst consensus target $374.71 (+28.2% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 78/100 with 6/7 criteria passed.
SharesGrow 7-Criteria Score
✗
VALUE
27/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — CDNS
Valuation Multiples
P/E (TTM)69.5
Forward P/E36.3
PEG Ratio12.64
Forward PEG0.37
P/B Ratio14.09
P/S Ratio14.65
EV/EBITDA41.2
Per Share Data
EPS (TTM)$4.09
Forward EPS (Est.)$8.06
Book Value / Share$20.21
Revenue / Share$19.55
FCF / Share$5.86
Yields & Fair Value
Earnings Yield1.44%
Forward Earnings Yield2.76%
Dividend Yield0.00%
Graham Number$43.14
SharesGrow IV$198.87 (-32%)
Analyst Target$374.71 (+28.2%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
35.3 |
-1.83 |
9.67 |
3.95 |
- |
| 2017 |
55.8 |
9.90 |
11.50 |
5.86 |
- |
| 2018 |
34.4 |
0.51 |
9.24 |
5.57 |
- |
| 2019 |
19.2 |
0.10 |
9.01 |
8.11 |
- |
| 2020 |
63.2 |
-1.57 |
14.98 |
13.92 |
- |
| 2021 |
73.2 |
4.16 |
18.60 |
17.06 |
- |
| 2022 |
51.3 |
2.21 |
15.87 |
12.23 |
- |
| 2023 |
70.5 |
3.02 |
21.55 |
17.94 |
- |
| 2024 |
77.2 |
99.34 |
17.44 |
17.56 |
- |
| 2025 |
76.5 |
14.88 |
15.49 |
16.01 |
- |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$0.70 |
$1.82B |
$203.09M |
11.2% |
| 2017 |
$0.73 |
$1.94B |
$204.1M |
10.5% |
| 2018 |
$1.23 |
$2.14B |
$345.78M |
16.2% |
| 2019 |
$3.53 |
$2.34B |
$988.98M |
42.3% |
| 2020 |
$2.11 |
$2.68B |
$590.64M |
22% |
| 2021 |
$2.50 |
$2.99B |
$695.96M |
23.3% |
| 2022 |
$3.09 |
$3.56B |
$848.95M |
23.8% |
| 2023 |
$3.82 |
$4.09B |
$1.04B |
25.5% |
| 2024 |
$3.85 |
$4.64B |
$1.06B |
22.7% |
| 2025 |
$4.06 |
$5.3B |
$1.11B |
20.9% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$8.06 |
$7.77 – $8.26 |
$6.02B |
$5.94B – $6.14B |
5 |
| 2027 |
$9.28 |
$8.69 – $9.63 |
$6.77B |
$6.57B – $6.95B |
6 |
| 2028 |
$10.55 |
$10.31 – $10.87 |
$7.38B |
$7.13B – $7.63B |
1 |
| 2029 |
$10.99 |
$10.73 – $11.31 |
$8.15B |
$8.01B – $8.34B |
1 |
