As of Dec 20, 2024, the Synopsys stock's PE ratio is 33.3. This takes into account the latest EPS of $14.78 and stock price of $492.18. The PE ratio marks a decrease of 35% from its last 4 quarters average of 51.5.
The PE ratio of Synopsys has averaged 58.12 over the last ten years. The current P/E ratio of 33.3 is 43% lower than the historical average. Looking back at the last ten years, SNPS's PE ratio peaked in the Jan 2018 quarter at 298.74, when the price was $92.61 and the EPS was $0.31. The lowest point was in the Jan 2019 quarter, when it reached 23.63 with a price of $93.35 and an EPS of $3.95.
Maximum annual increase: 182.14% in 2017
Maximum annual decrease: -67.53% in 2018
Year | PE ratio | Change |
---|---|---|
2024 | 34.75 | -40.19% |
2023 | 58.1 | 27.89% |
2022 | 45.43 | -32.37% |
2021 | 67.17 | 38.21% |
2020 | 48.6 | 27.09% |
2019 | 38.24 | 23.87% |
2018 | 30.87 | -67.53% |
2017 | 95.08 | 182.14% |
2016 | 33.7 | -1.55% |
2015 | 34.23 | 39.49% |
The current PE ratio of SNPS is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks CDNS and ADSK, SNPS's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
SNPS Synopsys Inc | 33.3 | $76.08B |
ANSS Ansys Inc | 51.9 | $29.59B |
ADSK Autodesk Inc | 58.8 | $64.1B |
CDNS Cadence Design Systems Inc | 78.51 | $82.68B |
PDFS Pdf Solutions Inc | 255 | $1.09B |
INTC Intel Corp | N/A | $84.19B |
CEVA Ceva Inc | N/A | $735.03M |
The price to earnings ratio for SNPS stock as of Dec 20, 2024, stands at 33.3.
The 3-year average price to earnings ratio for SNPS stock is 53.74.
The 5-year average price to earnings ratio for SNPS stock is 53.13.
The highest quarterly PE ratio in the last ten years has been 298.74 and it was in the Jan 2018 quarter.
SNPS's price to earnings ratio is currently 43% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Dec 20, 2024), Synopsys's share price is $492.18. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2024 is $14.78. Therefore, Synopsys's PE ratio for today is 33.3. PE RATIO(33.3) = STOCK PRICE($492.18) / TTM EPS($14.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.