Price to Book ratio Analysis of Cerence Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Sep-23
Excellent PB
0.199
Period Ending - Sep-22
Excellent PB
0.189
Growth
5.29 %
Trailing Twelve Months PB
Period Ending - Sep-23
Excellent PB
0.224
Most recent Quarter PB
Period Ending - Mar-24
Excellent PB
0.310
PB Analysis of Cerence Inc
| P/B Ratio 0.224 of Cerence Inc shows that company is trading much below Book value and may be attractive buy. |
| PB Ratio of CRNC has grown by 5.29 % Compared to previous Financial Year. |
| PB Ratio of CRNC trending up for at least three Years. |
| PB Ratio with value of 0.117 was lowest in Year Sep-19 in last Five Years. |
| Latest PB Ratio with value of 0.199 is Greater than Average PB of 0.153 in last five years. |
Other PB Related Info of CRNC that may interest you.
Cerence Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CRNC | 3.44 | 3.58 | 3.91 % | Software-Application |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Low Value Stock | |
FY - Historical Price to Book of Cerence Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| PB | 0.199 | 0.189 | 0.131 | 0.131 | 0.117 | 0.126 | 0.126 |
| Change | 5.29 % | 44.37 % | 0.100 % | 11.64 % | -6.99 % | 0.389 % | 1.43 % |
FY Chart of Price to Book of Cerence Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)