As of Nov 21, 2024, the SYF stock has a PE ratio of 8.42. The calculation is based on the latest EPS of $7.74 and the stock price of $65.14 per share. An increase of 28% has been observed in the PE ratio compared to its average of 6.6 of the last four quarters.
The mean historical PE ratio of Synchrony Financial over the last ten years is 8.83. The current 8.42 P/E ratio is 4.6% lower than the historical average. Looking back at the last ten years, SYF's PE ratio peaked in the Dec 2017 quarter at 15.89, with a price of $38.61 and an EPS of $2.43. The Mar 2020 quarter marked the lowest point at 3.6, with a price of $16.09 and an EPS of $4.47.
Maximum annual increase: 136.34% in 2020
Maximum annual decrease: -60.73% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 7.33 | 38.04% |
2022 | 5.31 | -15.31% |
2021 | 6.27 | -58.8% |
2020 | 15.22 | 136.34% |
2019 | 6.44 | 3.21% |
2018 | 6.24 | -60.73% |
2017 | 15.89 | 18.76% |
2016 | 13.38 | 17.06% |
2015 | 11.43 | 6.82% |
2014 | 10.7 | N/A |
The current PE ratio of SYF is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peer stocks V and MA, SYF's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
SYF Synchrony Financial | 8.42 | $25.36B |
URI United Rentals Inc | 21.91 | $55.17B |
V Visa Inc | 31.82 | $585.96B |
MA Mastercard Inc | 38.85 | $472.77B |
The price to earnings ratio for SYF stock is 8.42 as of Nov 21, 2024.
The 3-year average price to earnings ratio for SYF stock is 5.66.
The 5-year average price to earnings ratio for SYF stock is 6.94.
The highest quarterly PE ratio in the last ten years has been 15.89 and it was in the Dec 2017 quarter.
SYF's current price to earnings ratio is 4.6% below its 10-year historical average.
SYF's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.42 is considered low.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Synchrony Financial's share price is $65.14. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $7.74. Therefore, Synchrony Financial's PE ratio for today is 8.42. PE RATIO(8.42) = STOCK PRICE($65.14) / TTM EPS($7.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.