According to Synopsys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 65.0664. At the end of 2022 the company had a P/E ratio of 49.6.
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 |
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.