Cadence Design Systems
CDNS
#217
Rank
HK$642.43 B
Marketcap
HK$2,342
Share price
0.53%
Change (1 day)
8.84%
Change (1 year)

Cadence Design Systems (CDNS) - P/B ratio

P/B ratio as of December 2024 : 18.2

According to Cadence Design Systems's latest financial reports the company has a price-to-book ratio of 19.105.
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
2024-12-3118.5-15.15%
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 P/B ratio differencediff. Country
9.86-45.91%๐Ÿ‡บ๐Ÿ‡ธ USA
5.04-72.37%๐Ÿ‡บ๐Ÿ‡ธ USA
7.02-61.50%๐Ÿ‡บ๐Ÿ‡ธ USA
7.17-60.65%๐Ÿ‡บ๐Ÿ‡ธ USA
4.55-75.05%๐Ÿ‡บ๐Ÿ‡ธ USA
24.5 34.58%๐Ÿ‡บ๐Ÿ‡ธ USA
2.80-84.66%๐Ÿ‡บ๐Ÿ‡ธ USA