Synovus
SNV
#2029
Rank
C$11.19 B
Marketcap
$79.00
Share price
1.03%
Change (1 day)
110.97%
Change (1 year)

P/E ratio for Synovus (SNV)

P/E ratio as of November 2024 (TTM): 12.8

According to Synovus 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8394. At the end of 2022 the company had a P/E ratio of 7.53.

P/E ratio history for Synovus from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.53-22.34%
20219.69-30.83%
202014.025.8%
201911.121.84%
20189.14-58.25%
201721.91.25%
201621.68.84%
201519.9-0.27%
201419.9-22.54%
201325.7935.92%
20122.48-126.41%
2011-9.40359.32%
2010-2.05293.33%
2009-0.5203-88.97%
2008-4.72-171.66%
20076.58-6.86%
20067.07-1.31%
20057.16-19.73%
20048.92-9.59%
20039.8642.14%
20026.94-32.63%
200110.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.6-17.56%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6 13.81%๐Ÿ‡บ๐Ÿ‡ธ USA
14.2 10.38%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0 16.49%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-12.86%๐Ÿ‡บ๐Ÿ‡ธ 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.