Cerence
CRNC
$10.15
Share price
4.21%
Change (1 day)
-61.83%
Change (1 year)
Categories
Cerence (CRNC) - P/B ratio
P/B ratio as of May 2024 : 0.5786
According to Cerence's latest financial reports the company has a price-to-book ratio of 0.5786.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.11 | 7.58% |
| 2022-12-31 | 1.03 | -64.05% |
| 2021-12-31 | 2.86 | -24.99% |
| 2020-12-31 | 3.81 | 328.67% |
| 2019-12-31 | 0.8894 | |
| 2018-12-31 | N/A |