P/E ratio for Synovus (SNV)
P/E ratio as of April 2024 (TTM): 8.32
According to Synovus 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.31674. At the end of 2022 the company had a P/E ratio of 7.53.
P/E ratio history for Synovus from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.53 | -22.34% |
| 2021 | 9.69 | -30.83% |
| 2020 | 14.0 | 25.8% |
| 2019 | 11.1 | 21.84% |
| 2018 | 9.14 | -58.25% |
| 2017 | 21.9 | 1.25% |
| 2016 | 21.6 | 8.84% |
| 2015 | 19.9 | -0.27% |
| 2014 | 19.9 | -22.54% |
| 2013 | 25.7 | 935.92% |
| 2012 | 2.48 | -126.41% |
| 2011 | -9.40 | 359.32% |
| 2010 | -2.05 | 293.33% |
| 2009 | -0.5203 | -88.97% |
| 2008 | -4.72 | -171.66% |
| 2007 | 6.58 | -6.86% |
| 2006 | 7.07 | -1.31% |
| 2005 | 7.16 | -19.73% |
| 2004 | 8.92 | -9.59% |
| 2003 | 9.86 | 42.14% |
| 2002 | 6.94 | -32.63% |
| 2001 | 10.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PNC Financial Services PNC | 10.4 | 24.80% | 🇺🇸 USA |
 Regions Financial
RF | 7.94 | -4.50% | 🇺🇸 USA |
 Wells Fargo WFC | 12.2 | 46.68% | 🇺🇸 USA |
 United Bankshares UBSI | 11.5 | 38.36% | 🇺🇸 USA |
 First Horizon National FHN | 8.02 | -3.60% | 🇺🇸 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.