GURUFOCUS.COM » STOCK LIST » Technology » Software » Cadence Design Systems Inc (STU:CDS) » Definitions » Cyclically Adjusted PB Ratio

Cadence Design Systems (STU:CDS) Cyclically Adjusted PB Ratio : 30.34 (As of Jun. 02, 2025)


View and export this data going back to 1990. Start your Free Trial

What is Cadence Design Systems Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Cadence Design Systems's current share price is €252.15. Cadence Design Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.31. Cadence Design Systems's Cyclically Adjusted PB Ratio for today is 30.34.

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

STU:CDS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.58   Med: 22.92   Max: 43.32
Current: 31.75

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 22.92.

STU:CDS's Cyclically Adjusted PB Ratio is ranked worse than
97.35% of 1436 companies
in the Software industry
Industry Median: 2.705 vs STU:CDS: 31.75

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 €16.181. 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 €8.31 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.


;
;

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
=252.15/8.31
=30.34

* 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)
=16.181/134.9266*134.9266
=16.181

Current CPI (Mar. 2025) = 134.9266.

Cadence Design Systems Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.272 100.684 5.725
201509 4.147 100.392 5.574
201512 4.083 99.792 5.521
201603 3.683 100.470 4.946
201606 3.274 101.688 4.344
201609 2.880 101.861 3.815
201612 2.535 101.863 3.358
201703 2.811 102.862 3.687
201706 3.023 103.349 3.947
201709 3.003 104.136 3.891
201712 2.963 104.011 3.844
201803 3.286 105.290 4.211
201806 3.596 106.317 4.564
201809 3.819 106.507 4.838
201812 4.044 105.998 5.148
201903 4.301 107.251 5.411
201906 4.519 108.070 5.642
201909 4.790 108.329 5.966
201912 6.763 108.420 8.416
202003 6.995 108.902 8.667
202006 7.188 108.767 8.917
202009 7.292 109.815 8.959
202012 7.347 109.897 9.020
202103 7.675 111.754 9.266
202106 7.547 114.631 8.883
202109 8.070 115.734 9.408
202112 8.763 117.630 10.052
202203 9.089 121.301 10.110
202206 9.068 125.017 9.787
202209 9.971 125.227 10.743
202212 9.504 125.222 10.241
202303 10.073 127.348 10.672
202306 9.877 128.729 10.353
202309 10.724 129.860 11.142
202312 11.489 129.419 11.978
202403 12.061 131.776 12.349
202406 14.456 132.554 14.715
202409 14.991 133.029 15.205
202412 16.298 133.157 16.515
202503 16.181 134.927 16.181

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  (STU:CDS) 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.

Cadence Design Systems Headlines

No Headlines