Synopsys
SNPS
#184
Rank
$89.99 B
Marketcap
$587.40
Share price
0.19%
Change (1 day)
32.08%
Change (1 year)

P/E ratio for Synopsys (SNPS)

P/E ratio as of May 2024 (TTM): 86.6

According to Synopsys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 86.6372. At the end of 2022 the company had a P/E ratio of 49.6.

P/E ratio history for Synopsys from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202249.6-33.27%
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%
201325.0-3.26%
201225.943.71%
201118.07.77%
201016.7-12.23%
200919.037.78%
200813.8-51.5%
200728.5-81.88%
2006157-194.06%
2005-167-527.54%
200439.19.12%
200335.8-315.84%
2002-16.6-126.42%
200162.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-76.8-188.65%๐Ÿ‡บ๐Ÿ‡ธ USA
59.6-31.26%๐Ÿ‡บ๐Ÿ‡ธ USA
52.8-39.06%๐Ÿ‡บ๐Ÿ‡ธ USA
82.9-4.32%๐Ÿ‡บ๐Ÿ‡ธ USA
148 70.39%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.7-116.94%๐Ÿ‡บ๐Ÿ‡ธ USA
43.8-49.47%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.