Friday 6 November 2026 Export CDNS’s income statement to Excel — free account

Cadence Design Systems, Inc.

Cadence Design Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, up 14.1% from fiscal 2024.

Revenue: +22.0%
EPS: −0.15%
Free cash flow: +30.7%
Total debt: +6.22%

Quarter to September 2026, against a year earlier

311.46 0.03 +0.01%

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Market cap: $85.5B
P/E: 61.7×
Fwd P/E: 67.7×
Dividend yield: —
F-score: 5/9
Altman Z: 13.22
Beneish M: −2.43
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Cadence Design Systems, Inc. (CDNS) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/B ratio of 12.4×. Over the past ten years it has ranged from 3.6× (February 2015) to 25.5× (March 2024); the current reading is higher than 42% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

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<iframe src="https://stockrow.com/embed/CDNS/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Cadence Design Systems, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/CDNS/metrics/pb-ratio">Cadence Design Systems, Inc. (CDNS) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	15.5×	(11.14%)
FY2024	17.4×	(16.19%)
FY2023	20.8×	31.91%
FY2022	15.8×	(15.19%)
FY2021	18.6×	24.15%
FY2020	15.0×	66.21%
FY2019	9.0×	(2.44%)
FY2018	9.2×	(20.14%)
FY2017	11.6×	19.01%
FY2016	9.7×	123.14%

Period	P/B ratio	Change
Sep 2026	13.1×	(12.31%)
Jun 2026	15.0×	30.13%
Mar 2026	11.5×	(25.64%)
Dec 2025	15.5×	(15.43%)
43 more quarters	Free account

Against its own ten years

Low 3.6× High 25.5×

Ten-year median 13.3×

Current reading's percentile 37

Company	P/B ratio
MSTR Strategy Inc compare	0.9×
UBER Uber Technologies, Inc. compare	4.9×
INTU Intuit Inc. compare	5.1×
NOW ServiceNow, Inc. compare	8.1×
ADBE Adobe Inc. compare	8.2×
CDNS Cadence Design Systems, Inc.	12.4×
DDOG Datadog, Inc. compare	13.4×
ADP Automatic Data Processing, Inc. compare	23.8×
SNOW Snowflake Inc. compare	44.0×
Software Application industry median	2.6×
Technology sector median	2.5×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Cadence Design Systems, Inc. (CDNS) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on CDNS

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on CDNS

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