Synopsys
SNPS
#261
Rank
$58.96 B
Marketcap
$385.44
Share price
2.24%
Change (1 day)
31.50%
Change (1 year)

P/E ratio for Synopsys (SNPS)

P/E ratio as of August 2022 (TTM): 58.4

According to Synopsys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.4. 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

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.