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Cadence Design Systems (BSP:C1DN34) Cyclically Adjusted PB Ratio : 30.64 (As of Jun. 04, 2025)


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What is Cadence Design Systems Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Cadence Design Systems's current share price is R$826.06. Cadence Design Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$26.96. Cadence Design Systems's Cyclically Adjusted PB Ratio for today is 30.64.

The historical rank and industry rank for Cadence Design Systems's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:C1DN34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.58   Med: 23.21   Max: 43.32
Current: 32.35

During the past years, Cadence Design Systems's highest Cyclically Adjusted PB Ratio was 43.32. The lowest was 4.58. And the median was 23.21.

BSP:C1DN34's Cyclically Adjusted PB Ratio is ranked worse than
97.35% of 1436 companies
in the Software industry
Industry Median: 2.71 vs BSP:C1DN34: 32.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Cadence Design Systems's adjusted book value per share data for the three months ended in Mar. 2025 was R$50.363. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$26.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cadence Design Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cadence Design Systems's Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio Chart

Cadence Design Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.96 33.77 24.40 36.56 34.74

Cadence Design Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 40.03 38.15 32.39 34.74 28.13

Competitive Comparison of Cadence Design Systems's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Cadence Design Systems's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Cadence Design Systems Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Cadence Design Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=826.06/26.96
=30.64

* 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.

Cadence Design Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cadence Design Systems's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=50.363/134.9266*134.9266
=50.363

Current CPI (Mar. 2025) = 134.9266.

Cadence Design Systems Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.461 100.684 9.998
201509 9.083 100.392 12.208
201512 8.631 99.792 11.670
201603 7.584 100.470 10.185
201606 6.297 101.688 8.355
201609 5.258 101.861 6.965
201612 4.484 101.863 5.939
201703 4.701 102.862 6.166
201706 5.597 103.349 7.307
201709 5.607 104.136 7.265
201712 5.778 104.011 7.495
201803 6.643 105.290 8.513
201806 7.920 106.317 10.051
201809 9.156 106.507 11.599
201812 8.934 105.998 11.372
201903 9.333 107.251 11.741
201906 9.844 108.070 12.290
201909 10.866 108.329 13.534
201912 15.421 108.420 19.191
202003 18.884 108.902 23.397
202006 20.998 108.767 26.048
202009 23.190 109.815 28.493
202012 22.990 109.897 28.226
202103 25.743 111.754 31.081
202106 22.862 114.631 26.910
202109 25.060 115.734 29.216
202112 27.996 117.630 32.113
202203 24.905 121.301 27.703
202206 24.193 125.017 26.111
202209 25.883 125.227 27.888
202212 26.404 125.222 28.450
202303 28.087 127.348 29.759
202306 25.970 128.729 27.220
202309 28.263 129.860 29.366
202312 30.695 129.419 32.001
202403 32.642 131.776 33.422
202406 41.906 132.554 42.656
202409 46.070 133.029 46.727
202412 52.060 133.157 52.752
202503 50.363 134.927 50.363

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cadence Design Systems  (BSP:C1DN34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cadence Design Systems Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cadence Design Systems's Cyclically Adjusted PB Ratio 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 enables system-level analysis and verification solutions.

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