Multihop relaying is an efficient strategy to improve the connectivity and extend the coverage area of secondary networks in underlay cognitive systems. In this work, we provide a comprehensive performance study of cognitive multihop regenerative relaying systems in an underlay spectrum sharing scenario with the presence of multiple primary receivers. Both interference power and peak power constraints are taken into account. In our analysis, all the links are subject to independent, non-identically distributed Nakagami-m fading. We derive closed-form expressions for the outage probability, high-order amount of fading, bit error rate, symbol error rate, and ergodic capacity. Different scenarios are presented to illustrate the obtained results and Monte Carlo simulations confirm the accuracy of our analytical derivations.