As of Jul 25, 2024, the Synopsys stock's PE ratio is 57.56. This takes into account the latest EPS of $9.36 and stock price of $538.72. The PE ratio marks a decrease of 3.7% from its last 4 quarters average of 59.8.
The PE ratio of Synopsys has averaged 57.02 over the last ten years. The current P/E ratio of 57.56 is similar to 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 Jul 2014 quarter, when it reached 23.03 with a price of $37.77 and an EPS of $1.64.
Maximum annual increase: 182.14% in 2017
Maximum annual decrease: -67.53% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2014 | 24.54 | 9.16% |
The current PE ratio of SNPS is higher than its 3, 5 and 10-year averages.
In comparison to its peers CDNS and ANSS, SNPS's PE ratio is lower, but it is higher than INTC's and ADSK's. Synopsys's PE ratio is trading above the peer average of 53.18.
| Stock name | PE ratio | Market cap |
|---|---|---|
| INTC Intel Corp | 32.69 | $133.58B |
| ADSK Autodesk Inc | 51.81 | $52.03B |
| SNPS Synopsys Inc | 58.37 | $83.71B |
| ANSS Ansys Inc | 62.44 | $27.25B |
| CDNS Cadence Design Systems Inc | 66.17 | $70.84B |
| PDFS Pdf Solutions Inc | 592.67 | $1.37B |
| CEVA Ceva Inc | N/A | $486.5M |
The price to earnings ratio for SNPS stock as of Jul 25, 2024, stands at 57.56.
The 3-year average price to earnings ratio for SNPS stock is 56.56.
The 5-year average price to earnings ratio for SNPS stock is 52.04.
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 0.9% above 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 (Jul 25, 2024), Synopsys's share price is $538.72. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $9.36. Therefore, Synopsys's PE ratio for today is 57.56. PE RATIO(57.56) = STOCK PRICE($538.72) / TTM EPS($9.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.