Cadence Design Systems
CDNS
#255
Rank
HK$584.32 B
Marketcap
HK$2,134
Share price
-2.35%
Change (1 day)
16.50%
Change (1 year)

Cadence Design Systems (CDNS) - P/B ratio

P/B ratio as of September 2024 : 17.7

According to Cadence Design Systems's latest financial reports the company has a price-to-book ratio of 17.7.
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
2024-12-31N/A-100%
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
10.0-43.50%๐Ÿ‡บ๐Ÿ‡ธ USA
4.97-71.92%๐Ÿ‡บ๐Ÿ‡ธ USA
6.99-60.51%๐Ÿ‡บ๐Ÿ‡ธ USA
7.66-56.76%๐Ÿ‡บ๐Ÿ‡ธ USA
4.99-71.81%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4 32.33%๐Ÿ‡บ๐Ÿ‡ธ USA
2.08-88.26%๐Ÿ‡บ๐Ÿ‡ธ USA