P/E ratio for Synchrony (SYF)
P/E ratio as of April 2024 (TTM): 7.88
According to Synchrony's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.87868. At the end of 2022 the company had a P/E ratio of 5.34.
P/E ratio history for Synchrony from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.34 | -15% |
| 2021 | 6.29 | -58.71% |
| 2020 | 15.2 | 135.48% |
| 2019 | 6.46 | 3.89% |
| 2018 | 6.22 | -61% |
| 2017 | 16.0 | 19.65% |
| 2016 | 13.3 | 16.64% |
| 2015 | 11.4 | -0.83% |
| 2014 | 11.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 33.0 | 319.17% | 🇺🇸 USA |
 Mastercard MA | 40.2 | 409.92% | 🇺🇸 USA |
 Fleetcor FLT | 24.1 | 206.22% | 🇺🇸 USA |
 Air Lease Corporation
AL | 11.9 | 50.92% | 🇺🇸 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.