The current PE ratio for Synovus Financial stock as of Jul 25, 2024 is 15.97. This is calculated based on the TTM EPS of $2.93 and the stock price of $46.78 per share. The PE ratio has an increase of 74% from its last 4 quarters average of 9.2.
The average historical PE ratio of Synovus Financial for the last ten years is 13.76. The current price-to-earnings ratio of 15.97 is 16% more than the historical average. Analyzing the last ten years, SNV's PE ratio reached its highest point in the Dec 2017 quarter at 21.89, when the price was $47.94 and the EPS was $2.19. 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.
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% |
The current PE ratio of SNV is above its 3, 5 and 10-year averages.
When compared to its peers FCBC and FCCO, SNV's PE ratio is lower, but it is higher than WFC's and PNC's. Synovus Financial's PE ratio is trading above the peer average of 14.02.
Stock name | PE ratio | Market cap |
---|---|---|
FHN First Horizon Corp | 11.65 | $9.37B |
RF Regions Financial Corp | 12.37 | $20.84B |
WFC Wells Fargo & Company | 12.45 | $210.54B |
FITB Fifth Third Bancorp | 13.42 | $28.92B |
UBSI United Bankshares Inc | 15 | $5.31B |
PNC Pnc Financial Services Group Inc | 15.21 | $72.1B |
FCCO First Community Corp | 15.78 | $173.33M |
SNV Synovus Financial Corp | 16.25 | $6.97B |
FCBC First Community Bankshares Inc | 16.88 | $820.77M |
SNV stock has a price to earnings ratio of 15.97 as of Jul 25, 2024.
The 3-year average PE ratio for SNV stock is 8.59.
The 5-year average PE ratio for SNV stock is 9.37.
Over the last ten years, the quarterly PE ratio reached its highest level at 21.89 in the Dec 2017 quarter.
The current PE ratio of SNV is 16% higher than the 10-year historical average.
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 (Jul 25, 2024), Synovus Financial's share price is $46.78. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.93. Therefore, Synovus Financial's price to earnings ratio for today is 15.97. PE RATIO(15.97) = STOCK PRICE($46.78) / TTM EPS($2.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.