GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadence Design Systems Inc (LTS:0HS2) » Definitions » Book Value per Share

Cadence Design Systems (LTS:0HS2) Book Value per Share : $16.64 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Cadence Design Systems Book Value per Share?

Cadence Design Systems's book value per share for the quarter that ended in Sep. 2024 was $16.64.

During the past 12 months, Cadence Design Systems's average Book Value Per Share Growth Rate was 45.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cadence Design Systems was 100.80% per year. The lowest was -59.50% per year. And the median was 11.90% per year.

Cadence Design Systems's current price is $304.36. Its book value per share for the quarter that ended in Sep. 2024 was $16.64. Hence, today's PB Ratio of Cadence Design Systems is 18.29.

During the past 13 years, the highest P/B Ratio of Cadence Design Systems was 25.76. The lowest was 3.75. And the median was 12.80.


Cadence Design Systems Book Value per Share Historical Data

The historical data trend for Cadence Design Systems's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cadence Design Systems Book Value per Share Chart

Cadence Design Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.51 8.94 9.90 10.07 12.53

Cadence Design Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.45 12.53 13.11 15.56 16.64

Competitive Comparison of Cadence Design Systems's Book Value per Share

For the Software - Application subindustry, Cadence Design Systems's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cadence Design Systems's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cadence Design Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cadence Design Systems's PB Ratio falls into.



Cadence Design Systems Book Value per Share Calculation

Cadence Design Systems's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3,404-0)/272
=12.53

Cadence Design Systems's Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,563-0)/274
=16.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Cadence Design Systems  (LTS:0HS2) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Cadence Design Systems Book Value per Share Related Terms

Thank you for viewing the detailed overview of Cadence Design Systems's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cadence Design Systems Business Description

Address
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions.

Cadence Design Systems Headlines

No Headlines