Cadence Design Systems, Inc. CDNS
326.13
4.13
1.28%
as of 25 Sep
- Market cap
- $88.7B
- P/E
- 64.5×
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Cadence Design Systems, Inc. (CDNS) P/B ratio
As of 25 September 2026, Cadence Design Systems, Inc. (CDNS) trades at a P/B ratio of 13.0×. Over the past ten years it has ranged from 3.6× (February 2015) to 25.5× (March 2024); the current reading is higher than 48% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 3.6×
High 25.5×
Ten-year median
13.4×
Current reading's percentile
48
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| MSTR Strategy Inc compare | 1.8× |
| INTU Intuit Inc. compare | 4.0× |
| UBER Uber Technologies, Inc. compare | 5.0× |
| ADBE Adobe Inc. compare | 7.9× |
| NOW ServiceNow, Inc. compare | 11.2× |
| CDNS Cadence Design Systems, Inc. | 13.0× |
| ADP Automatic Data Processing, Inc. compare | 17.6× |
| DDOG Datadog, Inc. compare | 21.9× |
| SNOW Snowflake Inc. compare | 54.6× |
| Software Application industry median | 3.0× |
| Technology sector median | 3.0× |
| Market median | 1.8× |
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))
More on CDNS
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement