Synopsys (CHIX:SYPD) Cyclically Adjusted PB Ratio: 9.38 (As of Jul. 13, 2026) — Near Median


CHIX:SYPD Synopsys Inc CHIX:SYPD
89 GF Score
Price €383.30
GF Value €567.23
! 7 Warning Signs
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What is Synopsys Cyclically Adjusted PB Ratio?

Synopsys CHIX:SYPD 89 Cyclically Adjusted PB Ratio is 9.38 as of Jul. 13, 2026, which is 8% below its 10-year median of 10.25. GuruFocus rates CHIX:SYPD with a GF Score™ of 89/100 and a GF Value™ of €567.23. The stock has 7 warning signs investors should review. Among 1,598 Software companies, Synopsys ranks worse than 87.3% on this metric.

As of today (2026-07-13), Synopsys's current share price is €383.30. Synopsys's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €40.87. Synopsys's Cyclically Adjusted PB Ratio for today is 9.38.

The historical rank and industry rank for Synopsys's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:SYPd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.47   Med: 10.25   Max: 18.79
Current: 8.66

During the past years, Synopsys's highest Cyclically Adjusted PB Ratio was 18.79. The lowest was 3.47. And the median was 10.25.

CHIX:SYPd's Cyclically Adjusted PB Ratio is ranked worse than
87.3% of 1598 companies
in the Software industry
Industry Median: 2.325 vs CHIX:SYPd: 8.66

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Synopsys's adjusted book value per share data for the three months ended in Apr. 2026 was €136.117. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €40.87 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synopsys  (CHIX:SYPd) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Synopsys Cyclically Adjusted PB Ratio Related Terms


Synopsys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Synopsys's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Synopsys Cyclically Adjusted PB Ratio Chart

Synopsys Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.16 10.12 14.94 14.80 10.38

Synopsys Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.38 15.69 10.38 9.88 9.38

CHIX:SYPD vs NET, FTNT, CRWV: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Synopsys's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Synopsys Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Synopsys's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Synopsys's Cyclically Adjusted PB Ratio falls into.


CHIX:SYPD
89GF Score
Synopsys Inc CHIX:SYPD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Synopsys Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Synopsys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=383.30/40.87
=9.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Synopsys's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Synopsys's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=136.117/333.0200*333.0200
=136.117

Current CPI (Apr. 2026) = 333.0200.

Synopsys Quarterly Data

Book Value per Share CPI Adj_Book
201607 18.650 240.628 25.811
201610 19.156 241.729 26.390
201701 20.775 242.839 28.490
201704 20.931 244.524 28.506
201707 19.755 244.786 26.876
201710 18.529 246.663 25.016
201801 17.267 247.867 23.199
201804 17.816 250.546 23.681
201807 18.197 252.006 24.047
201810 20.278 252.885 26.704
201901 22.175 251.712 29.338
201904 23.200 255.548 30.233
201907 23.335 256.571 30.288
201910 24.553 257.346 31.773
202001 24.887 257.971 32.127
202004 26.063 256.389 33.853
202007 26.348 259.101 33.865
202010 27.332 260.388 34.956
202101 26.308 261.582 33.493
202104 27.883 267.054 34.770
202107 28.557 273.003 34.835
202110 30.662 276.589 36.918
202201 31.072 281.148 36.805
202204 33.687 289.109 38.804
202207 36.004 296.276 40.469
202210 36.741 298.012 41.057
202301 34.328 299.170 38.212
202304 34.933 303.363 38.348
202307 35.409 305.691 38.575
202310 38.286 307.671 41.440
202401 40.148 308.417 43.351
202404 43.515 313.548 46.217
202407 46.273 314.540 48.992
202410 53.555 315.664 56.500
202501 58.133 317.671 60.942
202504 56.882 320.795 59.050
202507 127.605 323.048 131.544
202510 130.829 0.000
202601 135.791 325.252 139.034
202604 136.117 333.020 136.117

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 9.38 mean?
Synopsys (CHIX:SYPD) has a Cyclically Adjusted PB Ratio of 9.38 as of Jul. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Synopsys and its competitors. This is near median its historical median of 10.25. Over the past decade, Synopsys' Cyclically Adjusted PB Ratio has ranged from 3.47 to 18.79. According to the industry distribution chart, Synopsys ranks #1395 out of 1598 companies in the Software industry, placing it in the top 87.3%.
Is Synopsys' Cyclically Adjusted PB Ratio too high?
Synopsys' current Cyclically Adjusted PB Ratio of 9.38 is near median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 18.79. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Synopsys' value of 9.38 is 303.4% above this industry median. Based on the distribution chart, Synopsys ranks #1395 out of 1598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Synopsys has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Synopsys' Cyclically Adjusted PB Ratio compare to NET and FTNT?
According to the Software industry distribution chart, Synopsys ranks #1395 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Synopsys in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Synopsys' value of 9.38 is 303.4% above this benchmark. Historically, Synopsys' own Cyclically Adjusted PB Ratio has ranged from 3.47 to 18.79 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 2.33, Synopsys has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,598 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Synopsys's current Cyclically Adjusted PB Ratio of 9.38 is 303.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Synopsys and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synopsys's current Cyclically Adjusted PB Ratio is 9.38, which is near median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synopsys stock overvalued right now?
Synopsys (CHIX:SYPD) has a current Cyclically Adjusted PB Ratio of 9.38. The stock's GF Value™ is €567.23, compared to a current price of €383.30 — trading 32.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.38, which is near median its 10-year median of 10.25 and 303.4% above the Software industry median of 2.33. Synopsys' overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Synopsys (CHIX:SYPD), the current Cyclically Adjusted PB Ratio is 9.38 as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Synopsys (CHIX:SYPD) Overvalued in 2026?

Based on GuruFocus' analysis, Synopsys stock appears to be undervalued. The current stock price of €383.30 is trading 32.4% below its estimated GF Value™ of €567.23.

Key valuation signals for CHIX:SYPD:

  • Cyclically Adjusted PB Ratio: 9.38 (near median its 10-year median of 10.25)
  • GF Value™: €567.23 vs. price of €383.30 (32.4% below fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 303.4% above the Software median (#1395 of 1598)

No single metric tells the full story. See the CHIX:SYPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Synopsys Business Description

Address 675 Almanor Avenue, Sunnyvale, CA, USA, 94085
Synopsys is a provider of electronic design automation software and intellectual property products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Synopsys' comprehensive portfolio is benefiting from a convergence of semiconductor companies moving up the stack of technologies toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
89GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€383.30
Price
€567.23
GF Value