Cadence Design Systems
CDNS
$322.08
Share price
3.20%
Change (1 day)
36.57%
Change (1 year)
Cadence Design Systems (CDNS) - P/B ratio
P/B ratio as of June 2024 : 23.8
According to Cadence Design Systems's latest financial reports the company has a price-to-book ratio of 23.8.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Cadence Design Systems - P/B ratio (from 2001 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 21.8 | 35.6% |
| 2022-12-31 | 16.1 | -14.81% |
| 2021-12-31 | 18.8 | 23.45% |
| 2020-12-31 | 15.3 | 65.37% |
| 2019-12-31 | 9.23 | -2.32% |
| 2018-12-31 | 9.45 | -20.84% |
| 2017-12-31 | 11.9 | 22.45% |
| 2016-12-31 | 9.75 | 116.68% |
| 2015-12-31 | 4.50 | 8.04% |
| 2014-12-31 | 4.16 | 19.17% |
| 2013-12-31 | 3.49 | -15.66% |
| 2012-12-31 | 4.14 | -39.86% |
| 2011-12-31 | 6.89 | -13.65% |
| 2010-12-31 | 7.98 | -46.3% |
| 2009-12-31 | 14.9 | 195.71% |
| 2008-12-31 | 5.02 | 120.81% |
| 2007-12-31 | 2.28 | -22.2% |
| 2006-12-31 | 2.92 | 13.47% |
| 2005-12-31 | 2.58 | 16.81% |
| 2004-12-31 | 2.21 | -28.14% |
| 2003-12-31 | 3.07 | 58.72% |
| 2002-12-31 | 1.93 |
P/B ratio for similar companies or competitors
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|---|---|---|---|
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 CEVA
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