Cerence Inc.

NasdaqGS CRNC

Cerence Inc. Price to Book Ratio (P/B) on January 14, 2025: 1.51

Cerence Inc. Price to Book Ratio (P/B) is 1.51 on January 14, 2025, a 36.30% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.

Cerence Inc. 52-week high Price to Book Ratio (P/B) is 2.42 on January 06, 2025, which is 60.04% above the current Price to Book Ratio (P/B).
Cerence Inc. 52-week low Price to Book Ratio (P/B) is 0.17 on June 25, 2024, which is -88.60% below the current Price to Book Ratio (P/B).
Cerence Inc. average Price to Book Ratio (P/B) for the last 52 weeks is 0.59.

Key data

Date	Price to Book Ratio (P/B)	Dividend Yield	Free Cash Flow Yield	Price to Earnings Ratio (P/E)

NasdaqGS: CRNC

Cerence Inc.

CEO	Mr. Brian Matthew Krzanich
IPO Date	Sept. 16, 2019
Location	United States
Headquarters	15 Wayside Road
Employees	1,700
Sector	Technology
Industries Artificial Intelligence (AI) Augmented Reality (AR) Software-as-a-Service (SaaS) Virtual Reality (VR)

Description

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.

Key trends

Past 5 years