PB Ratio: 11.73

Basis: Latest stored market observation. 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 11.73 is 36% below its 5-year average of 18.37, near the low end of its 5-year range (11.73–27.29).

As of Friday, September 4, 2026. 26.21% below its 12-month average of 15.90.

CDNS PB Ratio Metrics

P/B vs. its own history

At 11.73, P/B is near its 20-year median — higher than 56% of readings in its 20-year history.

Book Value Analysis

PB Ratio Formula & Definition

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

PB Ratio FAQ

What is the P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The P/B ratio for CDNS stock is 11.73.

Is Cadence Design Systems, Inc.'s P/B ratio high or low?

The P/B ratio of 11.73 is 36% below its 5-year average of 18.37, near the low end of its 5-year range (11.73–27.29).

What is the TTM average P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The TTM average P/B ratio for CDNS stock is 15.90.

What is the 3Y average P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The 3Y average P/B ratio for CDNS stock is 18.63.

What is the 5Y average P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The 5Y average P/B ratio for CDNS stock is 18.37.

What is the 10Y average P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The 10Y average P/B ratio for CDNS stock is 15.20.

What is the 15Y average P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The 15Y average P/B ratio for CDNS stock is 11.90.

What is the 20Y average P/B ratio for Cadence Design Systems, Inc. (CDNS)?

The 20Y average P/B ratio for CDNS stock is 10.72.

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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