Price to Book Value (P/BV)
since 2005
Calculation
Cadence Design Systems Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | 24.05 | = | 300.74 | ÷ | 12.50 | 12.50 | = | 3,404,271 | ÷ | 272,239,000 | |
| Feb 13, 2023 | 18.46 | = | 185.70 | ÷ | 10.06 | 10.06 | = | 2,745,113 | ÷ | 272,940,000 | |
| Feb 22, 2022 | 13.68 | = | 135.21 | ÷ | 9.88 | 9.88 | = | 2,740,675 | ÷ | 277,336,000 | |
| Feb 22, 2021 | 14.90 | = | 133.16 | ÷ | 8.94 | 8.94 | = | 2,493,018 | ÷ | 278,974,000 | |
| Feb 24, 2020 | 9.51 | = | 71.39 | ÷ | 7.51 | 7.51 | = | 2,102,894 | ÷ | 280,168,000 | |
| Feb 27, 2019 | 12.50 | = | 57.45 | ÷ | 4.60 | 4.60 | = | 1,288,401 | ÷ | 280,385,000 | |
| Feb 20, 2018 | 11.49 | = | 40.17 | ÷ | 3.50 | 3.50 | = | 989,202 | ÷ | 282,869,000 | |
| Feb 10, 2017 | 11.10 | = | 29.53 | ÷ | 2.66 | 2.66 | = | 741,770 | ÷ | 278,769,000 | |
| Feb 18, 2016 | 4.61 | = | 20.78 | ÷ | 4.51 | 4.51 | = | 1,376,115 | ÷ | 305,358,000 | |
| Feb 20, 2015 | 4.06 | = | 18.50 | ÷ | 4.56 | 4.56 | = | 1,333,574 | ÷ | 292,324,000 | |
| Feb 20, 2014 | 3.74 | = | 14.94 | ÷ | 4.00 | 4.00 | = | 1,156,105 | ÷ | 289,094,199 | |
| Feb 21, 2013 | 4.38 | = | 14.23 | ÷ | 3.25 | 3.25 | = | 915,171 | ÷ | 281,707,719 | |
| Feb 24, 2012 | 7.87 | = | 11.81 | ÷ | 1.50 | 1.50 | = | 411,130 | ÷ | 273,972,723 | |
| Feb 24, 2011 | 9.33 | = | 9.61 | ÷ | 1.03 | 1.03 | = | 276,654 | ÷ | 268,485,949 | |
| Feb 26, 2010 | 14.21 | = | 5.70 | ÷ | 0.40 | 0.40 | = | 108,373 | ÷ | 270,240,892 | |
| Mar 2, 2009 | 10.30 | = | 3.97 | ÷ | 0.39 | 0.39 | = | 101,968 | ÷ | 264,603,479 | |
| Feb 26, 2008 | 1.49 | = | 11.11 | ÷ | 7.48 | 7.48 | = | 2,080,066 | ÷ | 278,205,971 | |
| Feb 23, 2007 | 3.45 | = | 20.97 | ÷ | 6.07 | 6.07 | = | 1,699,291 | ÷ | 279,823,852 | |
| Mar 10, 2006 | 2.78 | = | 18.08 | ÷ | 6.51 | 6.51 | = | 1,844,704 | ÷ | 283,502,942 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Cadence Design Systems Inc. Annual Report.
Comparison to Competitors
Cadence Design Systems Inc., P/BV, long-term trends, comparison to competitors
| Cadence Design Systems Inc. | Accenture PLC | Adobe Inc. | Autodesk Inc. | CrowdStrike Holdings Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 14, 2024 | 24.05 | 7.44 | 16.31 | 37.37 | 19.61 | 7.49 | 8.92 | 11.92 | 308.71 | 42.84 | 3.13 | 20.60 | 14.02 |
| Feb 13, 2023 | 18.46 | 7.13 | 11.22 | 48.29 | 42.67 | 5.34 | 7.20 | 12.38 | — | 251.98 | 3.37 | 18.36 | 9.24 |
| Feb 22, 2022 | 13.68 | 11.06 | 15.94 | 59.48 | 48.91 | 5.90 | 15.71 | 15.16 | 41.57 | 71.88 | 4.73 | 30.36 | 10.50 |
| Feb 22, 2021 | 14.90 | 8.51 | 16.53 | — | 14.78 | 5.24 | 17.71 | 13.11 | 14.01 | 20.61 | 4.48 | 40.91 | 7.57 |
| Feb 24, 2020 | 9.51 | 8.15 | 16.03 | — | — | 6.04 | 20.00 | 10.30 | 8.59 | 12.91 | 7.66 | 31.48 | 5.16 |
| Feb 27, 2019 | 12.50 | 9.44 | 12.76 | — | — | 7.40 | 24.12 | 10.02 | 3.84 | 22.92 | 9.93 | 39.04 | 3.68 |
| Feb 20, 2018 | 11.49 | 10.08 | 11.50 | 25.18 | — | 8.20 | 26.72 | 7.69 | 3.90 | 17.37 | 7.78 | 48.15 | 3.99 |
| Feb 10, 2017 | 11.10 | 9.83 | 7.37 | 7.94 | — | 9.30 | 24.96 | 6.08 | 3.49 | 16.90 | 9.45 | 37.74 | 2.81 |
| Feb 18, 2016 | 4.61 | 11.33 | 6.35 | 6.31 | — | 8.92 | 10.00 | 4.66 | 3.66 | 32.11 | 10.57 | 15.42 | 2.20 |
| Feb 20, 2015 | 4.06 | 8.96 | 5.26 | 5.28 | — | 13.73 | 7.79 | 3.96 | 3.82 | 16.81 | 12.79 | 26.77 | 2.12 |
| Feb 20, 2014 | 3.74 | 10.06 | 4.49 | 4.38 | — | 8.37 | 5.28 | 3.36 | 3.13 | 12.18 | 11.74 | 24.36 | 2.19 |
| Feb 21, 2013 | 4.38 | 11.05 | 2.84 | 4.84 | — | 11.77 | 6.46 | 3.68 | 3.11 | 19.49 | 12.73 | 19.87 | 1.93 |
| Feb 24, 2012 | 7.87 | 10.33 | 2.66 | 5.58 | — | 11.39 | 5.46 | 4.07 | 4.12 | — | 12.71 | — | 1.84 |
| Feb 24, 2011 | 9.33 | 11.06 | 3.29 | 4.53 | — | 8.57 | 5.05 | 4.84 | 3.52 | — | 9.19 | — | 1.93 |
| Feb 26, 2010 | 14.21 | 9.61 | 3.68 | 2.31 | — | 7.26 | 3.50 | 5.36 | 4.29 | — | 5.65 | — | 1.71 |
| Mar 2, 2009 | 10.30 | 9.15 | 2.34 | 5.95 | — | 8.61 | 4.76 | 6.47 | 4.66 | — | 15.76 | — | 1.68 |
| Feb 26, 2008 | 1.49 | 14.69 | 4.24 | 9.35 | — | 5.56 | 4.74 | 33.73 | 5.96 | — | 17.53 | — | 2.67 |
| Feb 23, 2007 | 3.45 | 13.85 | 4.39 | 11.07 | — | 4.96 | 6.56 | 19.86 | 5.28 | — | 21.98 | — | 3.34 |
| Mar 10, 2006 | 2.78 | 13.33 | 12.48 | 10.47 | — | 3.80 | 4.73 | 17.90 | 6.31 | — | 10.50 | — | 2.57 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Software & Services)
Cadence Design Systems Inc., P/BV, long-term trends, comparison to sector (software & services)
| Cadence Design Systems Inc. | Software & Services | |
|---|---|---|
| Feb 14, 2024 | 24.05 | 11.45 |
| Feb 13, 2023 | 18.46 | 10.77 |
| Feb 22, 2022 | 13.68 | 13.67 |
| Feb 22, 2021 | 14.90 | 11.59 |
| Feb 24, 2020 | 9.51 | 10.11 |
| Feb 27, 2019 | 12.50 | 8.83 |
| Feb 20, 2018 | 11.49 | 7.24 |
| Feb 10, 2017 | 11.10 | 6.26 |
| Feb 18, 2016 | 4.61 | 5.34 |
| Feb 20, 2015 | 4.06 | 5.10 |
| Feb 20, 2014 | 3.74 | 4.42 |
| Feb 21, 2013 | 4.38 | 4.89 |
| Feb 24, 2012 | 7.87 | 5.40 |
| Feb 24, 2011 | 9.33 | 5.31 |
| Feb 26, 2010 | 14.21 | 5.42 |
| Mar 2, 2009 | 10.30 | 6.10 |
| Feb 26, 2008 | 1.49 | 15.42 |
| Feb 23, 2007 | 3.45 | 11.43 |
| Mar 10, 2006 | 2.78 | 11.13 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Cadence Design Systems Inc., P/BV, long-term trends, comparison to industry (information technology)
| Cadence Design Systems Inc. | Information Technology | |
|---|---|---|
| Feb 14, 2024 | 24.05 | 11.35 |
| Feb 13, 2023 | 18.46 | 10.37 |
| Feb 22, 2022 | 13.68 | 12.40 |
| Feb 22, 2021 | 14.90 | 10.90 |
| Feb 24, 2020 | 9.51 | 8.28 |
| Feb 27, 2019 | 12.50 | 7.01 |
| Feb 20, 2018 | 11.49 | 5.46 |
| Feb 10, 2017 | 11.10 | 4.51 |
| Feb 18, 2016 | 4.61 | 4.28 |
| Feb 20, 2015 | 4.06 | 4.33 |
| Feb 20, 2014 | 3.74 | 3.49 |
| Feb 21, 2013 | 4.38 | 3.75 |
| Feb 24, 2012 | 7.87 | 3.99 |
| Feb 24, 2011 | 9.33 | 4.18 |
| Feb 26, 2010 | 14.21 | 4.33 |
| Mar 2, 2009 | 10.30 | 4.05 |
| Feb 26, 2008 | 1.49 | 8.74 |
| Feb 23, 2007 | 3.45 | 7.28 |
| Mar 10, 2006 | 2.78 | 7.45 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).