Cerence Inc

NASDAQ CRNC

Data sourced from

and

Daily

Download Data

Cerence Inc Price to Book Ratio (P/B) on June 03, 2024: 0.31

Cerence Inc Price to Book Ratio (P/B) is 0.31 on June 03, 2024, a -81.02% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Cerence Inc 52-week high Price to Book Ratio (P/B) is 1.99 on June 16, 2023, which is 550.92% above the current Price to Book Ratio (P/B).
Cerence Inc 52-week low Price to Book Ratio (P/B) is 0.29 on May 24, 2024, which is -5.31% below the current Price to Book Ratio (P/B).
Cerence Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.09.

NASDAQ: CRNC

Cerence Inc

CEO	Dr. Stefan Ortmanns
IPO Date	Oct. 2, 2019
Location	United States
Headquarters	15 Wayside Road, Burlington, MA, United States, 01803
Employees	1,700
Sector	Technology
Industry	Software - application

Description

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in United States, Other Americas, Germany, Europe, Middle East, Africa, Japan, and Other Asia-Pacific. The company offers edge software components, cloud-connected components, 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