As of Feb 03, 2025, Cadence Design Systems, Inc.'s fair value using the Peter Lynch formula is $126.2 per share. The current price of $298.3 suggests Cadence Design Systems, Inc. may be overvalued by this metric.
As of Feb 03, 2025, Cadence Design Systems, Inc.'s P/E ratio is 78.1x. This is calculated by dividing the current share price of $298.3 by the Earnings per Share (EPS) for the trailing twelve months, which is $3.8. The P/E ratio indicates how much investors are willing to pay for each dollar of earnings.
Cadence Design Systems, Inc. earnings per share (EPS) for the twelve months ending Feb 03, 2025, was $3.8, a 33.1% growth year-over-year.