According to Cerence's latest financial reports the company has a price-to-book ratio of 1.7452.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 3.01 | 172.34% |
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 |