Cadence Design Systems, Inc.CDNS

Where CDNS's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$342.75+0.29 (+0.08%)Previous close
NASDAQTechnology

CDNS P/B: current value, 10-year range and year-by-year history

10.1Near historic low

CDNS's p/b is lower than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
CDNS P/B historyCDNS P/B from Oct 2023 to Oct 2026: low 9.12, high 25.83, latest 10.1.7.7912.6317.4822.3227.17Oct 23Jun 24Jan 25Aug 25Mar 26Oct 26med 17.33

CDNS P/B by year

Yearly range of CDNS’s p/b from 2016 to 2026. Over the full period it ranged from 7.2 to 25.8, averaging 15.0.

CDNS P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20269.113.817.410.1
202513.317.220.415.6
202415.020.325.817.6
202315.620.924.223.8
202213.616.320.216.3
202113.316.320.318.9
20207.211.715.815.3
20199.012.915.09.2
20188.810.512.69.5
20179.511.212.711.6
20167.78.08.37.8

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is CDNS P/B High or Low Right Now?

Cadence Design Systems, Inc.'s P/B is currently 10.1, which is near historic low relative to its 10-year historical range. The 10-year median P/B for CDNS is approximately 14.6. See all CDNS valuation metrics →

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