Cognex Corporation
CGNX
Rank in Stocks
#2183
Cognex Corporation specializes in machine vision technology, offering solutions... Cognex Corporation specializes in machine vision technology, offering solutions that interpret and process visual data to streamline and automate production and logistics operations globally. Their advanced vision systems enable the automated manufacturing and tracking of individual components or finished goods, such as mobile devices, pharmaceutical containers, and automotive parts. This is achieved by precisely locating, recognizing, examining, and gauging items throughout their journey from production to delivery. The company provides a comprehensive software portfolio, including VisionPro, a collection of patented tools for sophisticated development; QuickBuild, an intuitive platform enabling users to create vision applications via a graphical, flowchart interface; and its specialized deep learning vision software. Beyond software, their offerings encompass robust vision sensors for tasks like ensuring component presence and accurate sizing, alongside the versatile In-Sight series of integrated vision systems and sensors. These tools support a variety of critical inspection functions, such as pinpointing part locations, confirming identities, precise dimensioning, validating assembly, and guiding robotics. Another key product is DataMan, their line of image-based barcode readers and verification systems. Cognex serves a diverse clientele across various sectors, including consumer electronics, automotive manufacturing, general consumer goods, food and beverage processing, pharmaceuticals, and medical device production. Their products are distributed directly and through a global network of partners and system integrators. Established in 1981, Cognex Corporation maintains its headquarters in Natick, Massachusetts.
Share Price
$55.43
Last synced: 2026-10-19
Market Cap
$9.32B
Change (1 day)
2.67%
Change (1 year)
17.16%
Country
US
Trade Cognex Corporation (CGNX)
Category
Technology
P/E ratio for Cognex Corporation (CGNX)
P/E ratio as of October 2026 TTM: 54.54
According to Cognex Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.54. At the end of 2023 the company had a P/E ratio of 63.49.
P/E ratio history for Cognex Corporation from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 54.54 | -5.80% |
| 2024 | 57.90 | -8.80% |
| 2023 | 63.49 | 67.51% |
| 2022 | 37.90 | -22.69% |
| 2021 | 49.03 | -37.99% |
| 2020 | 79.06 | 68.00% |
| 2019 | 47.06 | 54.84% |
| 2018 | 30.39 | -49.19% |
| 2017 | 59.82 | 64.79% |
| 2016 | 36.30 | 132.94% |
| 2015 | 15.58 | -47.28% |
| 2014 | 29.56 | -34.49% |
| 2013 | 45.12 | 94.93% |
| 2012 | 23.15 | 7.92% |
| 2011 | 21.45 | 12.01% |
| 2010 | 19.15 | -113.27% |
| 2009 | -144.33 | -741.90% |
| 2008 | 22.48 | -31.39% |
| 2007 | 32.77 | 20.25% |
| 2006 | 27.25 | -30.75% |
| 2005 | 39.35 | 17.14% |
| 2004 | 33.59 | -56.11% |
| 2003 | 76.54 | -157.51% |
| 2002 | -133.10 | 32.57% |
| 2001 | -100.40 | -818.63% |
| 2000 | 13.97 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 39.38 | -27.81% |
US
|
|
| - | - |
JP
|
|
| 51.88 | -4.89% |
TW
|
|
| 63.76 | 16.89% |
US
|
|
| 15.75 | -71.13% |
TW
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.