SNV Synovus Financial PE ratio, current and historical analysis
The current PE ratio for Synovus Financial stock as of Nov 21, 2024 is 25.12. This is calculated based on the TTM EPS of $2.23 and the stock price of $56.02 per share. The PE ratio has an increase of 46% from its last 4 quarters average of 17.2.
SNV PE ratio history
The average historical PE ratio of Synovus Financial for the last ten years is 14.04. The current price-to-earnings ratio of 25.12 is 79% more than the historical average. Analyzing the last ten years, SNV's PE ratio reached its highest point in the Jun 2024 quarter at 24.51, when the price was $40.19 and the EPS was $1.64. The lowest point was recorded in the Jun 2023 quarter, when it reached 5.86 with a price of $30.25 and an EPS of $5.16.
Synovus Financial PE ratio by year
Maximum annual increase: 43.69% in 2023
Maximum annual decrease: -58.11% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.82 | 43.69% |
| 2022 | 7.53 | -22.13% |
| 2021 | 9.67 | -30.98% |
| 2020 | 14.01 | 25.09% |
| 2019 | 11.2 | 22.14% |
| 2018 | 9.17 | -58.11% |
| 2017 | 21.89 | 1.25% |
| 2016 | 21.62 | 8.81% |
| 2015 | 19.87 | -1.73% |
| 2014 | 20.22 | -25.39% |
SNV average PE ratio chart
The current PE ratio of SNV is above its 3, 5 and 10-year averages.
SNV PE vs peers
When compared to its peer stocks WFC and PNC, SNV's PE ratio is higher. Synovus Financial's PE ratio is trading above the peer average of 15.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FHN First Horizon Corp | 14.51 | $10.69B |
| FCCO First Community Corp | 14.58 | $190.56M |
| RF Regions Financial Corp | 15.11 | $24.3B |
| WFC Wells Fargo & Company | 15.33 | $249.15B |
| FITB Fifth Third Bancorp | 15.6 | $31.6B |
| UBSI United Bankshares Inc | 15.81 | $5.64B |
| FCBC First Community Bankshares Inc | 16.7 | $836.99M |
| PNC Pnc Financial Services Group Inc | 17.38 | $81.64B |
| SNV Synovus Financial Corp | 25.12 | $7.94B |
Frequently asked questions
What is Synovus Financial's PE ratio?
SNV stock has a price to earnings ratio of 25.12 as of Nov 21, 2024.
What is the 3-year average PE ratio for Synovus Financial (SNV)?
The 3-year average PE ratio for SNV stock is 10.78.
What is the 5-year average PE ratio for Synovus Financial (SNV)?
The 5-year average PE ratio for SNV stock is 10.6.
What is the highest PE ratio for SNV?
Within the last ten years, the current price to earnings ratio is at its peak with a value of 25.12.
How does the current PE ratio for SNV compare to its historical average?
The current PE ratio of SNV is 79% higher than the 10-year historical average.
How is SNV's PE ratio calculated (Synovus Financial PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Synovus Financial's share price is $56.02. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.23. Therefore, Synovus Financial's price to earnings ratio for today is 25.12. PE RATIO(25.12) = STOCK PRICE($56.02) / TTM EPS($2.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.