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Synopsys (CHIX:SYPD) Cyclically Adjusted PB Ratio : 15.28 (As of Jun. 24, 2025)


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What is Synopsys Cyclically Adjusted PB Ratio?

As of today (2025-06-24), Synopsys's current share price is €450.50. Synopsys's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was €29.49. Synopsys's Cyclically Adjusted PB Ratio for today is 15.28.

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: 2.75   Med: 9   Max: 18.79
Current: 12.71

During the past years, Synopsys's highest Cyclically Adjusted PB Ratio was 18.79. The lowest was 2.75. And the median was 9.00.

CHIX:SYPd's Cyclically Adjusted PB Ratio is ranked worse than
90.83% of 1494 companies
in the Software industry
Industry Median: 2.665 vs CHIX:SYPd: 12.71

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. 2025 was €56.882. 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 €29.49 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synopsys Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Synopsys Cyclically Adjusted PB Ratio Chart

Synopsys Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.60 13.16 10.12 14.94 14.80

Synopsys Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 16.05 16.53 14.80 14.68 12.38

Competitive Comparison of Synopsys's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=450.50/29.49
=15.28

* 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. 2025 is calculated as:

For example, Synopsys's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=56.882/135.3468*135.3468
=56.882

Current CPI (Apr. 2025) = 135.3468.

Synopsys Quarterly Data

Book Value per Share CPI Adj_Book
201507 18.295 100.691 24.592
201510 17.997 100.346 24.274
201601 18.178 99.957 24.614
201604 18.227 100.947 24.438
201607 18.650 101.524 24.863
201610 19.156 101.988 25.422
201701 20.775 102.456 27.444
201704 20.931 103.167 27.460
201707 19.755 103.278 25.889
201710 18.529 104.070 24.098
201801 17.267 104.578 22.347
201804 17.816 105.708 22.811
201807 18.197 106.324 23.164
201810 20.278 106.695 25.723
201901 22.175 106.200 28.261
201904 23.200 107.818 29.123
201907 23.335 108.250 29.176
201910 24.553 108.577 30.607
202001 24.887 108.841 30.948
202004 26.063 108.173 32.610
202007 26.348 109.318 32.622
202010 27.332 109.861 33.673
202101 26.308 110.364 32.263
202104 27.883 112.673 33.494
202107 28.557 115.183 33.556
202110 30.662 116.696 35.563
202201 31.072 118.619 35.454
202204 33.687 121.978 37.379
202207 36.004 125.002 38.984
202210 36.741 125.734 39.550
202301 34.328 126.223 36.809
202304 34.933 127.992 36.940
202307 35.409 128.974 37.159
202310 38.286 129.810 39.919
202401 40.148 130.124 41.759
202404 43.515 132.289 44.521
202407 46.273 132.708 47.193
202410 53.555 133.182 54.426
202501 58.133 134.029 58.705
202504 56.882 135.347 56.882

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.


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

Thank you for viewing the detailed overview of Synopsys's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Synopsys Business Description

Industry
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.

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