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Saturday 17 October 2026 Export CDNS’s income statement to Excel — free account

Cadence Design Systems, Inc.

CDNS Technology Software Application

Cadence Design Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, up 14.1% from fiscal 2024. In the quarter to June 2026, revenue grew 24.2%, EPS grew 127.1%, free cash flow grew 72.5% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years.

319.51 4.87 −1.50%
Market cap
$89.3B
P/E
63.1×
Fwd P/E
83.7×
Dividend yield
—
F-score
5/9
Altman Z
13.22
Beneish M
−2.43
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

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

Alert me on P/B ratio

As of 16 October 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/B ratio of 12.8×. Over the past ten years it has ranged from 3.6× (February 2015) to 25.5× (March 2024); the current reading is higher than 45% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

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%

Quarterly newest first

Period P/B ratio Change
Jun 2026 15.0× 30.13%
Mar 2026 11.5× (25.64%)
Dec 2025 15.5× (15.43%)
Sep 2025 18.3× 9.71%
42 more quarters

Against its own ten years

Low 3.6× High 25.5×
Ten-year median 13.4×
Current reading's percentile 40

P/B ratio against peers

Company P/B ratio
MSTR Strategy Inc compare 1.6×
INTU Intuit Inc. compare 4.7×
UBER Uber Technologies, Inc. compare 5.1×
ADBE Adobe Inc. compare 8.2×
CDNS Cadence Design Systems, Inc. 12.8×
ADP Automatic Data Processing, Inc. compare 19.3×
DDOG Datadog, Inc. compare 20.2×
SNOW Snowflake Inc. compare 49.7×
TEAM Atlassian Corporation PLC compare 50.6×
Software Application industry median 2.6×
Technology sector median 2.7×
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 →

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