Synopsys, Inc. (SNPS) PEG Ratio: 8.01
Is Synopsys, Inc.’s PEG ratio high or low?
Synopsys, Inc.'s PEG ratio of 8.01 is 265% above its 5-year average of 2.20, near the high end of its 5-year range (0.42–5.22).
The PEG ratio for Synopsys, Inc. (SNPS) is 8.01. It is above its 12-month average by 493.33% (1.35).
SNPS PEG Ratio Chart
SNPS Average PEG Ratio Chart
SNPS Current vs Average PEG Ratio Chart
SNPS PEG Ratio Metrics
PEG RATIO
8.01
PEG RATIO AVG TTM
1.35
PEG RATIO AVG 3Y
2.36
PEG RATIO AVG 5Y
2.20
PEG RATIO AVG 10Y
2.54
PEG RATIO AVG 15Y
2.19
PEG RATIO AVG 20Y
1.85
CURRENT VS TTM AVG
+493.33%
CURRENT VS 3Y AVG
+239.41%
CURRENT VS 5Y AVG
+264.64%
CURRENT VS 10Y AVG
+214.80%
CURRENT VS 15Y AVG
+266.06%
CURRENT VS 20Y AVG
+333.14%
SNPS Competitors' PEG Ratio
| NAME | MARKET CAP | PEG RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Synopsys, Inc. (SNPS) | $87.82B | 8.01 | 1.35 | 2.36 | 2.20 |
| Snowflake Inc. (SNOW) | $83.15B | N/A | N/A | N/A | N/A |
| Datadog, Inc. (DDOG) | $81.03B | N/A | 0.98 | 74.73 | 50.75 |
| Adobe Inc. (ADBE) | $94.61B | 0.55 | 4.68 | 31.49 | 31.49 |
| Intuit Inc. (INTU) | $77.74B | 1.86 | 2.17 | 2.79 | 3.71 |
| Cloudflare, Inc. (NET) | $77.62B | N/A | 15.15 | 10.98 | 10.47 |
| Fortinet, Inc. (FTNT) | $101.91B | 4.54 | 2.65 | 1.84 | 2.07 |
| Monolithic Power Systems, Inc. (MPWR) | $72.71B | 3.75 | 0.05 | 0.89 | 3.05 |
| NXP Semiconductors N.V. (NXPI) | $72.02B | 0.24 | 6.08 | 4.06 | 3.78 |
| Accenture plc (ACN) | $104.93B | 3.40 | 4.10 | 29.36 | 20.64 |
Growth-Adjusted Valuation
PEG Ratio
8.01
P/E Ratio
104.7
Synopsys, Inc. PEG Ratio Formula & Definition
PEG Ratio = PE Ratio / Earnings Growth Rate
The PEG ratio adjusts the PE ratio for expected earnings growth. A PEG near 1 is often considered fairly valued relative to growth.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Synopsys, Inc. PEG Ratio FAQ
- What is the PEG ratio for Synopsys, Inc. (SNPS)?
- The PEG ratio for SNPS stock is 8.01.
- Is Synopsys, Inc.'s PEG ratio high or low?
- Synopsys, Inc.'s PEG ratio of 8.01 is 265% above its 5-year average of 2.20, near the high end of its 5-year range (0.42–5.22).
- What is the TTM average PEG ratio for Synopsys, Inc. (SNPS)?
- The TTM average PEG ratio for SNPS stock is 1.35.
- What is the 3Y average PEG ratio for Synopsys, Inc. (SNPS)?
- The 3Y average PEG ratio for SNPS stock is 2.36.
- What is the 5Y average PEG ratio for Synopsys, Inc. (SNPS)?
- The 5Y average PEG ratio for SNPS stock is 2.20.
- What is the 10Y average PEG ratio for Synopsys, Inc. (SNPS)?
- The 10Y average PEG ratio for SNPS stock is 2.54.
- What is the 15Y average PEG ratio for Synopsys, Inc. (SNPS)?
- The 15Y average PEG ratio for SNPS stock is 2.19.
- What is the 20Y average PEG ratio for Synopsys, Inc. (SNPS)?
- The 20Y average PEG ratio for SNPS stock is 1.85.
Synopsys, Inc. PEG Ratio History
| DATE | PEG RATIO |
|---|---|
| 2024-10-31 | 0.42 |
| 2023-10-31 | 2.28 |
| 2022-10-31 | 1.52 |
| 2021-10-31 | 5.22 |
| 2020-10-31 | 2.03 |
| 2019-10-31 | 1.71 |
| 2018-10-31 | 0.14 |
| 2016-10-31 | 1.64 |
| 2014-10-31 | 7.94 |
| 2013-10-31 | 0.74 |
| 2010-10-31 | 0.43 |
| 2008-10-31 | 0.30 |
| 2007-10-31 | 0.07 |
| 2005-10-31 | 1.45 |
| 2002-10-31 | 0.03 |
| 1999-09-30 | 0.34 |
| 1998-09-30 | 15.96 |
| 1997-09-30 | 0.10 |
Related Metrics
About Synopsys, Inc.
Synopsys, Inc. is a leading provider of electronic design automation (EDA) software, instrumental in the creation and validation of integrated circuits. The company offers a robust portfolio of platforms, including the Fusion Design Platform for digital implementation, and the comprehensive Verification Continuum Platform. The latter provides a suite of solutions such as virtual prototyping, static and formal verification, simulation, emulation, and FPGA-based prototyping with integrated debugging tools. Synopsys also develops FPGA design products, which enable programming for specific functions. A significant part of its business involves intellectual property (IP) solutions. This encompasses IP for widely adopted communication standards like USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth Low Energy. They also furnish analog IP, including data converters and audio codecs, alongside system-on-chip (SoC) infrastructure IP, specialized datapath and building block IP, and verification IP products. Furthermore, their offerings include mathematical and floating-point components, as well as Arm AMBA interconnect fabric and peripherals. Beyond core IP, Synopsys supplies logic libraries, embedded memories, and configurable processor cores, complemented by application-specific instruction-set processor tools for embedded applications. They also develop IP subsystems for audio, sensor, and data fusion functionalities, in addition to specialized security IP solutions. For advanced system design and analysis, Synopsys provides Platform Architect solutions for SoC architecture optimization, along with general virtual prototyping tools and HAPS FPGA-based prototyping systems. Their expertise extends to tools designed for optical systems and photonic devices. In addition to software and IP, the company delivers a range of services, including security testing, managed services, professional programs, and training. These services are designed to help customers identify and resolve security vulnerabilities and defects across the software development lifecycle. Manufacturing solutions are also part of their extensive offerings. Synopsys serves a diverse global client base, with applications across electronics, financial services, automotive, medicine, energy, and various industrial sectors. The company was founded in 1986 and is headquartered in Mountain View, California.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Sassine Ghazi