Cognex Corp (CGNX) Valuation
Historical valuation analysis based on 500 data points (2024-09-24 to 2026-09-22)
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision softwar...
Cognex Corp (CGNX) currently trades at a P/E ratio of 69.66 (historical range: 33.67–90.42, median: 68.30), placing it at the 52th percentile — near its historical average, P/S ratio of 9.49 (range: 4.31–11.65, 79th percentile — above its historical average).
Over the historical period (2024-09-24 to 2026-09-22), Cognex Corp's P/E ratio has expanded by 15% over the observed period (from an average of 60.9 to 70.0).
Cognex Corp trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 69.66 | 33.67 | 68.30 | 90.42 | 52th | near its historical average |
| P/S Ratio | 9.49 | 4.31 | 7.75 | 11.65 | 79th | above its historical average |
| FCF Yield | 0.02 | 0.01 | 0.02 | 0.04 | 52th | near its historical average |
Cognex Corp (CGNX) Valuation & P/E History
Cognex Corp (CGNX) is a US-listed stock operating in the Technology sector, specifically the Industrial Instruments For Measurement, Display, And Control industry currently trading at $60.00 with a market capitalization of $10.1 billion. This page provides historical valuation analysis for CGNX based on 500 data points covering 2024-09-24 to 2026-09-22. The P/E ratio of 69.66 is above the historical median of 68.30, placing CGNX at the 52th percentile of its valuation range. The P/S ratio of 9.49 compares to a median of 7.75.
CGNX Valuation Metrics & Historical Range
The valuation table above shows Cognex Corp's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether CGNX is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests CGNX is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Cognex Corp.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is CGNX Overvalued or Undervalued?
Cognex Corp trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 66 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive CGNX is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full CGNX analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.CGNX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.