Cadence Design Systems, Inc.CDNS

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

$292.70-12.18 (-4.00%)Previous close
NASDAQTechnology

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

11.7Below average

CDNS's p/b is lower than 65% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
CDNS P/B historyCDNS P/B from Sep 2023 to Sep 2026: low 11.08, high 25.83, latest 11.73.9.914.1818.4622.7327.01Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 17.59

CDNS P/B by year

Yearly range of CDNS’s p/b from 2016 to 2026. Over the full period it ranged from 6.7 to 25.8, averaging 14.9.

CDNS P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202611.114.417.411.7
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
20166.77.78.37.8

Get notified when CDNS P/B crosses a threshold

Free — one alert setup, notifications by push, Telegram, or Discord.

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 11.7, which is below average relative to its 10-year historical range. The 10-year median P/B for CDNS is approximately 14.6. See all CDNS valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.