Cerence
CRNC
#8432
Rank
C$0.18 B
Marketcap
$4.44
Share price
0.63%
Change (1 day)
-80.45%
Change (1 year)

Cerence (CRNC) - P/B ratio

P/B ratio as of November 2024 : 0.8675

According to Cerence's latest financial reports the company has a price-to-book ratio of 0.374229.
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.

Cerence - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.117.58%
2022-12-311.03-64.05%
2021-12-312.86-24.99%
2020-12-313.81328.67%
2019-12-310.8894
2018-12-31N/A