Synopsys
SNPS
#221
Rank
$66.59 B
Marketcap
$437.69
Share price
0.54%
Change (1 day)
35.55%
Change (1 year)

P/E ratio for Synopsys (SNPS)

P/E ratio as of June 2023 (TTM): 70.9

According to Synopsys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 70.9384. At the end of 2021 the company had a P/E ratio of 74.3.

P/E ratio history for Synopsys from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202174.325.81%
202059.142.96%
201941.342.69%
201828.9-69.43%
201794.7183.2%
201633.47.05%
201531.220.01%
201426.03.94%
201325.0
201118.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.2-77.23%๐Ÿ‡บ๐Ÿ‡ธ USA
49.7-29.95%๐Ÿ‡บ๐Ÿ‡ธ USA
52.5-25.94%๐Ÿ‡บ๐Ÿ‡ธ USA
71.9 1.43%๐Ÿ‡บ๐Ÿ‡ธ USA
-487-787.14%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.7-134.85%๐Ÿ‡บ๐Ÿ‡ธ USA
54.2-23.53%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.