Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 11.43 is 38% below its estimated 5-year average of 18.37, near the low end of its estimated 5-year range (11.39–27.29).
As of 2026-09-09T20:00:01.000Z. 27.84% below its estimated 12-month average of 15.84.
Quote observation: 2026-09-09T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 1a0b0ea3ee515fb01e7d74ffa052a9dccfa0233b67f9711f9c9054a1276f6528
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
11.43
PB RATIO AVG TTM
15.84
PB RATIO AVG 3Y
18.61
PB RATIO AVG 5Y
18.37
PB RATIO AVG 10Y
15.21
PB RATIO AVG 15Y
11.91
PB RATIO AVG 20Y
10.73
CURRENT VS TTM AVG
-27.84%
CURRENT VS 3Y AVG
-38.60%
CURRENT VS 5Y AVG
-37.78%
CURRENT VS 10Y AVG
-24.87%
CURRENT VS 15Y AVG
-4.02%
CURRENT VS 20Y AVG
+6.48%
SECTOR MEDIAN · TECHNOLOGY
6.69
median of 184 covered companies
CURRENT VS SECTOR MEDIAN
+70.98%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$78.38B
PB Ratio
11.43
TTM Avg
15.84
3Y Avg
18.61
5Y Avg
18.37
Market Cap
$78.01B
PB Ratio
2.94
TTM Avg
1.77
3Y Avg
1.32
5Y Avg
1.21
Market Cap
$90.59B
PB Ratio
7.42
TTM Avg
5.14
3Y Avg
3.23
5Y Avg
2.63
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $78.38B | 11.43 | 15.84 | 18.61 | 18.37 |
| Hewlett Packard Enterprise Company (HPE)vs › | $78.01B | 2.94 | 1.77 | 1.32 | 1.21 |
| Lumentum Holdings Inc. (LITE)vs › | $76.94B | 16.57 | 37.50 | 15.48 | 10.46 |
| Datadog, Inc. (DDOG)vs › | $80.19B | 18.36 | 16.93 | 18.07 | 23.35 |
| Motorola Solutions, Inc. (MSI)vs › | $76.34B | 28.57 | 30.49 | 69.55 | 101.80 |
| Synopsys, Inc. (SNPS)vs › | $75.29B | 2.42 | 2.62 | 8.14 | 8.80 |
| Intuit Inc. (INTU)vs › | $85.87B | N/A | 6.77 | 8.82 | 9.14 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $90.59B | 7.42 | 5.14 | 3.23 | 2.63 |
| Teradyne, Inc. (TER)vs › | $59.99B | 17.45 | 15.11 | 9.52 | 8.78 |
| Coherent, Inc. (COHR)vs › | $59.37B | 5.45 | 5.02 | 2.68 | 2.10 |
At 11.43, P/B is near its estimated 20-year median — higher than 55% of readings in its estimated 20-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 20-year low
0.38
median
10.64
estimated 20-year high
27.29
P/B Ratio
11.43
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-09-09 | 11.41 |
| 2026-09-08 | 11.39 |
| 2026-09-04 | 11.73 |
| 2026-09-03 | 12.22 |
| 2026-09-02 | 12.29 |
| 2026-09-01 | 12.55 |
| 2026-08-31 | 13.58 |
| 2026-08-28 | 13.65 |
| 2026-08-27 | 13.93 |
| 2026-08-26 | 13.42 |
| 2026-08-25 | 13.31 |
| 2026-08-24 | 12.67 |
| 2026-08-21 | 12.79 |
| 2026-08-20 | 12.57 |
| 2026-08-19 | 12.63 |
| 2026-08-18 | 12.69 |
| 2026-08-17 | 12.97 |
| 2026-08-14 | 13.02 |
| 2026-08-13 | 12.98 |
| 2026-08-12 | 12.95 |
| 2026-08-11 | 13.13 |
| 2026-08-10 | 13.31 |
| 2026-08-07 | 13.60 |
| 2026-08-06 | 13.57 |
| 2026-08-05 | 13.51 |
| 2026-08-04 | 13.66 |
| 2026-08-03 | 13.48 |
| 2026-07-31 | 13.63 |
| 2026-07-30 | 13.34 |
| 2026-07-29 | 13.34 |
| 2026-07-28 | 14.38 |
| 2026-07-27 | 14.13 |
| 2026-07-24 | 13.61 |
| 2026-07-23 | 13.79 |
| 2026-07-22 | 14.06 |
| 2026-07-21 | 14.38 |
| 2026-07-20 | 13.76 |
| 2026-07-17 | 13.77 |
| 2026-07-16 | 15.21 |
| 2026-07-15 | 15.50 |
| 2026-07-14 | 15.72 |
| 2026-07-13 | 15.77 |
| 2026-07-10 | 16.03 |
| 2026-07-09 | 16.10 |
| 2026-07-08 | 15.60 |
| 2026-07-07 | 15.48 |
| 2026-07-06 | 15.68 |
| 2026-07-02 | 15.57 |
| 2026-07-01 | 15.76 |
| 2026-06-30 | 15.66 |
| 2026-06-29 | 15.55 |
| 2026-06-26 | 15.74 |
| 2026-06-25 | 15.36 |
| 2026-06-24 | 15.54 |
| 2026-06-23 | 15.81 |
| 2026-06-22 | 16.23 |
| 2026-06-18 | 16.16 |
| 2026-06-17 | 16.25 |
| 2026-06-16 | 16.18 |
| 2026-06-15 | 16.46 |
| 2026-06-12 | 16.06 |
| 2026-06-11 | 16.01 |
| 2026-06-10 | 16.07 |
| 2026-06-09 | 16.31 |
| 2026-06-08 | 16.45 |
| 2026-06-05 | 15.69 |
| 2026-06-04 | 17.17 |
| 2026-06-03 | 17.02 |
| 2026-06-02 | 17.37 |
| 2026-06-01 | 17.28 |
| 2026-05-29 | 15.64 |
| 2026-05-28 | 15.60 |
| 2026-05-27 | 15.60 |
| 2026-05-26 | 15.93 |
| 2026-05-22 | 15.59 |
| 2026-05-21 | 14.95 |
| 2026-05-20 | 14.64 |
| 2026-05-19 | 14.11 |
| 2026-05-18 | 14.43 |
| 2026-05-15 | 14.49 |
| 2026-05-14 | 14.72 |
| 2026-05-13 | 14.79 |
| 2026-05-12 | 14.94 |
| 2026-05-11 | 15.19 |
| 2026-05-08 | 15.13 |
| 2026-05-07 | 14.89 |
| 2026-05-06 | 14.81 |
| 2026-05-05 | 14.75 |
| 2026-05-04 | 14.58 |
| 2026-05-01 | 17.00 |
| 2026-04-30 | 16.43 |
| 2026-04-29 | 16.45 |
| 2026-04-28 | 16.22 |
| 2026-04-27 | 16.78 |
| 2026-04-24 | 16.60 |
| 2026-04-23 | 15.67 |
| 2026-04-22 | 16.53 |
| 2026-04-21 | 16.25 |
| 2026-04-20 | 15.88 |
| 2026-04-17 | 15.51 |
| 2026-04-16 | 15.30 |
| 2026-04-15 | 15.16 |
| 2026-04-14 | 14.58 |
| 2026-04-13 | 14.37 |
| 2026-04-10 | 13.25 |
| 2026-04-09 | 14.01 |
| 2026-04-08 | 14.43 |
| 2026-04-07 | 13.93 |
| 2026-04-06 | 13.93 |
| 2026-04-02 | 13.90 |
| 2026-04-01 | 13.97 |
| 2026-03-31 | 13.85 |
| 2026-03-30 | 13.51 |
| 2026-03-27 | 13.55 |
| 2026-03-26 | 13.99 |
| 2026-03-25 | 14.03 |
| 2026-03-24 | 14.18 |
| 2026-03-23 | 14.58 |
| 2026-03-20 | 14.15 |
| 2026-03-19 | 14.33 |
| 2026-03-18 | 14.44 |
| 2026-03-17 | 14.65 |
| 2026-03-16 | 14.59 |
| 2026-03-13 | 14.31 |
| 2026-03-12 | 14.47 |
| 2026-03-11 | 14.67 |
| 2026-03-10 | 14.62 |
| 2026-03-09 | 14.86 |
| 2026-03-06 | 14.80 |
| 2026-03-05 | 14.95 |
| 2026-03-04 | 15.23 |
| 2026-03-03 | 14.99 |
| 2026-03-02 | 15.12 |
| 2026-02-27 | 15.03 |
| 2026-02-26 | 14.84 |
| 2026-02-25 | 15.05 |
| 2026-02-24 | 14.49 |
| 2026-02-23 | 13.95 |
| 2026-02-20 | 14.77 |
| 2026-02-19 | 14.79 |
| 2026-02-18 | 16.06 |
| 2026-02-17 | 14.93 |
| 2026-02-13 | 15.77 |
| 2026-02-12 | 15.18 |
| 2026-02-11 | 15.78 |
| 2026-02-10 | 15.75 |
| 2026-02-09 | 15.33 |
| 2026-02-06 | 14.93 |
| 2026-02-05 | 14.23 |
| 2026-02-04 | 14.29 |
| 2026-02-03 | 14.14 |
| 2026-02-02 | 15.23 |
| 2026-01-30 | 15.61 |
| 2026-01-29 | 15.94 |
| 2026-01-28 | 16.88 |
| 2026-01-27 | 16.77 |
| 2026-01-26 | 16.96 |
| 2026-01-23 | 16.76 |
| 2026-01-22 | 16.70 |
| 2026-01-21 | 16.53 |
| 2026-01-20 | 16.17 |
| 2026-01-16 | 16.72 |
| 2026-01-15 | 16.88 |
| 2026-01-14 | 16.49 |
| 2026-01-13 | 17.01 |
| 2026-01-12 | 17.14 |
| 2026-01-09 | 17.24 |
| 2026-01-08 | 16.79 |
| 2026-01-07 | 16.88 |
| 2026-01-06 | 16.57 |
| 2026-01-05 | 15.86 |
| 2026-01-02 | 16.35 |
| 2025-12-31 | 16.46 |
| 2025-12-30 | 16.62 |
| 2025-12-29 | 16.73 |
| 2025-12-26 | 16.79 |
| 2025-12-24 | 16.73 |
| 2025-12-23 | 16.69 |
| 2025-12-22 | 16.72 |
| 2025-12-19 | 16.58 |
| 2025-12-18 | 16.59 |
| 2025-12-17 | 16.48 |
| 2025-12-16 | 16.83 |
| 2025-12-15 | 16.77 |
| 2025-12-12 | 17.02 |
| 2025-12-11 | 17.66 |
| 2025-12-10 | 17.80 |
| 2025-12-09 | 17.65 |
| 2025-12-08 | 17.76 |
| 2025-12-05 | 17.78 |
| 2025-12-04 | 17.76 |
| 2025-12-03 | 17.70 |
| 2025-12-02 | 16.74 |
| 2025-12-01 | 16.31 |
| 2025-11-28 | 16.42 |
| 2025-11-26 | 16.13 |
| 2025-11-25 | 15.99 |
| 2025-11-24 | 16.03 |
| 2025-11-21 | 15.83 |
| 2025-11-20 | 15.91 |
| 2025-11-19 | 16.16 |
| 2025-11-18 | 15.97 |
| 2025-11-17 | 16.39 |
| 2025-11-14 | 16.59 |
| 2025-11-13 | 16.64 |
| 2025-11-12 | 16.62 |
| 2025-11-11 | 16.77 |
| 2025-11-10 | 17.32 |
| 2025-11-07 | 17.12 |
| 2025-11-06 | 17.09 |
| 2025-11-05 | 17.25 |
| 2025-11-04 | 17.55 |
| 2025-11-03 | 17.66 |
| 2025-10-31 | 17.84 |
| 2025-10-30 | 17.70 |
| 2025-10-29 | 17.98 |
| 2025-10-28 | 18.60 |
| 2025-10-27 | 19.15 |
| 2025-10-24 | 18.81 |
| 2025-10-23 | 18.38 |
| 2025-10-22 | 18.02 |
| 2025-10-21 | 18.18 |
| 2025-10-20 | 17.97 |
| 2025-10-17 | 17.78 |
| 2025-10-16 | 17.67 |
| 2025-10-15 | 17.67 |
| 2025-10-14 | 17.76 |
| 2025-10-13 | 18.11 |
| 2025-10-10 | 17.82 |
| 2025-10-09 | 19.01 |
| 2025-10-08 | 19.08 |
| 2025-10-07 | 18.83 |
| 2025-10-06 | 19.26 |
| 2025-10-03 | 18.93 |
| 2025-10-02 | 18.93 |
| 2025-10-01 | 19.19 |
| 2025-09-30 | 19.15 |
| 2025-09-29 | 19.00 |
| 2025-09-26 | 19.08 |
| 2025-09-25 | 19.14 |
| 2025-09-24 | 19.46 |
| 2025-09-23 | 19.97 |
| 2025-09-22 | 20.35 |
| 2025-09-19 | 20.35 |
| 2025-09-18 | 19.89 |
| 2025-09-17 | 18.93 |
| 2025-09-16 | 19.02 |
| 2025-09-15 | 19.16 |
| 2025-09-12 | 18.72 |
| 2025-09-11 | 19.33 |
| 2025-09-10 | 18.45 |
| 2025-09-09 | 19.72 |
| 2025-09-08 | 19.66 |
| 2025-09-05 | 19.13 |
| 2025-09-04 | 19.04 |
| 2025-09-03 | 18.93 |
| 2025-09-02 | 18.69 |
| 2025-08-29 | 19.10 |
| 2025-08-28 | 19.31 |
| 2025-08-27 | 18.91 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.