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.
P/E ratio for Cerence Inc. (CRNC)
P/E ratio as of 2023: -14.56
According to Cerence Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.56. At the end of 2022 the company had a P/E ratio of -1.99.
P/E ratio history for Cerence Inc. from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -14.56 |
| 2022 | -1.99 |
| 2021 | 79.06 |
| 2020 | -86.29 |
| 2019 | 6.15 |
| 2018 | 157.77 |
| 2017 | 19.63 |
| 2016 | 26.56 |