Cadence Design Systems
CDNS
#195
Rank
$84.87 B
Marketcap
$311.34
Share price
-1.48%
Change (1 day)
51.67%
Change (1 year)

Cadence Design Systems (CDNS) - P/B ratio

P/B ratio as of March 2024 : 24.9

According to Cadence Design Systems's latest financial reports the company has a price-to-book ratio of 24.9.
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 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-3121.835.6%
2022-12-3116.1-14.81%
2021-12-3118.823.45%
2020-12-3115.365.37%
2019-12-319.23-2.32%
2018-12-319.45-20.84%
2017-12-3111.922.45%
2016-12-319.75116.68%
2015-12-314.508.04%
2014-12-314.1619.17%
2013-12-313.49-15.66%
2012-12-314.14-39.86%
2011-12-316.89-13.65%
2010-12-317.98-46.3%
2009-12-3114.9195.71%
2008-12-315.02120.81%
2007-12-312.28-22.2%
2006-12-312.9213.47%
2005-12-312.5816.81%
2004-12-312.21-28.14%
2003-12-313.0758.72%
2002-12-311.93

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
5.62-77.47%๐Ÿ‡บ๐Ÿ‡ธ USA
37.7 51.09%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-47.69%๐Ÿ‡บ๐Ÿ‡ธ USA
6.76-72.89%๐Ÿ‡บ๐Ÿ‡ธ USA
8.08-67.59%๐Ÿ‡บ๐Ÿ‡ธ USA
5.60-77.53%๐Ÿ‡บ๐Ÿ‡ธ USA
2.03-91.86%๐Ÿ‡บ๐Ÿ‡ธ USA