P/E ratio for Synaptics (SYNA)
P/E ratio as of April 2024 (TTM): 44.9
According to Synaptics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.9158. At the end of 2022 the company had a P/E ratio of 16.1.
P/E ratio history for Synaptics from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.1 | -79.05% |
| 2021 | 77.0 | 230.67% |
| 2020 | 23.3 | -115.93% |
| 2019 | -146 | -115.71% |
| 2018 | 930 | -6062.54% |
| 2017 | -15.6 | -132.9% |
| 2016 | 47.4 | 98.89% |
| 2015 | 23.8 | -61.91% |
| 2014 | 62.6 | 391.62% |
| 2013 | 12.7 | -47.76% |
| 2012 | 24.4 | 40.62% |
| 2011 | 17.3 | 17.37% |
| 2010 | 14.8 | -43.64% |
| 2009 | 26.2 | 70.32% |
| 2008 | 15.4 | -45.44% |
| 2007 | 28.2 | -37.33% |
| 2006 | 45.0 | 143.85% |
| 2005 | 18.4 | -48.72% |
| 2004 | 36.0 | 5.67% |
| 2003 | 34.0 | 70.67% |
| 2002 | 19.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 25.8 | -42.59% | 🇺🇸 USA |
 HP HPQ | 11.9 | -73.53% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 Supermicro SMCI | 67.8 | 50.88% | 🇺🇸 USA |
 Mercury Systems MRCY | -54.7 | -221.73% | 🇺🇸 USA |
 Logitech LOGI | 32.9 | -26.80% | 🇨🇭 Switzerland |
 Immersion Corporation
IMMR | 5.50 | -87.75% | 🇺🇸 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.