P/E ratio for Synopsys (SNPS)
P/E ratio as of June 2024 (TTM): 83.3
According to Synopsys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 83.2935. At the end of 2022 the company had a P/E ratio of 49.6.
P/E ratio history for Synopsys from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 49.6 | -33.27% |
| 2021 | 74.3 | 25.81% |
| 2020 | 59.1 | 42.96% |
| 2019 | 41.3 | 42.69% |
| 2018 | 28.9 | -69.43% |
| 2017 | 94.7 | 183.2% |
| 2016 | 33.4 | 7.05% |
| 2015 | 31.2 | 20.01% |
| 2014 | 26.0 | 3.94% |
| 2013 | 25.0 | -3.26% |
| 2012 | 25.9 | 43.71% |
| 2011 | 18.0 | 7.77% |
| 2010 | 16.7 | -12.23% |
| 2009 | 19.0 | 37.78% |
| 2008 | 13.8 | -51.5% |
| 2007 | 28.5 | -81.88% |
| 2006 | 157 | -194.06% |
| 2005 | -167 | -527.54% |
| 2004 | 39.1 | 9.12% |
| 2003 | 35.8 | -315.84% |
| 2002 | -16.6 | -126.42% |
| 2001 | 62.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | -75.5 | -190.61% | 🇺🇸 USA |
 Ansys ANSS | 57.5 | -30.92% | 🇺🇸 USA |
 Autodesk ADSK | 49.1 | -41.02% | 🇺🇸 USA |
 Cadence Design Systems CDNS | 81.2 | -2.52% | 🇺🇸 USA |
 PDF Solutions PDFS | 150 | 80.04% | 🇺🇸 USA |
 CEVA
CEVA | -14.7 | -117.61% | 🇺🇸 USA |
 National Instruments
NATI | 43.8 | -47.44% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.