Synchronoss
SNCR
#7611
Rank
$67.43 M
Marketcap
$6.54
Share price
1.24%
Change (1 day)
643.18%
Change (1 year)

P/E ratio for Synchronoss (SNCR)

P/E ratio as of April 2024 (TTM): -13.9

According to Synchronoss's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.9149. At the end of 2022 the company had a P/E ratio of -3.10.

P/E ratio history for Synchronoss from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.1052.46%
2021-2.03-49.82%
2020-4.05185.75%
2019-1.4240.17%
2018-1.01-72.75%
2017-3.71-101.07%
2016348848.78%
201536.7-15.84%
201443.6-17.2%
201352.774.79%
201230.1-57.12%
201170.3-68.44%
2010223463.15%
200939.540.9%
200828.1-40.63%
200747.323.99%
200638.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.9-21.32%๐Ÿ‡บ๐Ÿ‡ธ USA
8.00-157.49%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-229.94%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-242.13%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.