SYNA (Synaptics) Cyclically Adjusted PS Ratio: 2.33 (As of Aug. 10, 2026) — 26% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SYNA Synaptics Inc SYNA
72 GF Score
Price $106.15
GF Value $94.35
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Synaptics Cyclically Adjusted PS Ratio?

Synaptics SYNA +4.01% 72 Cyclically Adjusted PS Ratio is 2.33 as of Aug. 10, 2026, which is 26% above its 10-year median of 1.85. GuruFocus rates SYNA with a GF Score™ of 72/100 and a GF Value™ of $94.35 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 731 Semiconductors companies, Synaptics ranks better than 56.5% on this metric.

As of today (2026-08-10), Synaptics's current share price is $106.15. Synaptics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $45.48. Synaptics's Cyclically Adjusted PS Ratio for today is 2.33.

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

SYNA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.85   Max: 6.89
Current: 2.33

During the past years, Synaptics's highest Cyclically Adjusted PS Ratio was 6.89. The lowest was 0.79. And the median was 1.85.

SYNA's Cyclically Adjusted PS Ratio is ranked better than
56.5% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs SYNA: 2.33

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Synaptics's adjusted revenue per share data for the three months ended in Jun. 2026 was $7.938. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $45.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synaptics  (NAS:SYNA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Synaptics Cyclically Adjusted PS Ratio Related Terms


Synaptics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Synaptics's Cyclically Adjusted PS 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.

Synaptics Cyclically Adjusted PS Ratio Chart

Synaptics Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 1.77 1.81 1.38 2.73

Synaptics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 1.38 1.48 1.64 1.54 2.73

SYNA vs DIOD, LASR, PI: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Synaptics's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Synaptics Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Synaptics's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Synaptics's Cyclically Adjusted PS Ratio falls into.


SYNA
72GF Score
Synaptics Inc SYNA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synaptics Cyclically Adjusted PS Ratio Calculation

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

Synaptics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=106.15/45.48
=2.33

* 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.

Synaptics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Synaptics's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.938/333.9520*333.9520
=7.938

Current CPI (Jun. 2026) = 333.9520.

Synaptics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.848 241.428 15.005
201612 12.850 241.432 17.774
201703 12.548 243.801 17.188
201706 12.082 244.955 16.472
201709 12.460 246.819 16.859
201712 12.622 246.524 17.098
201803 11.420 249.554 15.282
201806 11.164 251.989 14.795
201809 11.568 252.439 15.303
201812 12.123 251.233 16.115
201903 9.543 254.202 12.537
201906 8.603 256.143 11.216
201909 10.116 256.759 13.157
201912 11.288 256.974 14.669
202003 9.374 258.115 12.128
202006 7.776 257.797 10.073
202009 9.602 260.280 12.320
202012 9.797 260.474 12.561
202103 8.332 264.877 10.505
202106 8.054 271.696 9.899
202109 9.180 274.310 11.176
202112 10.332 278.802 12.376
202203 11.550 287.504 13.416
202206 11.705 296.311 13.192
202209 11.010 296.808 12.388
202212 8.784 296.797 9.884
202303 8.185 301.836 9.056
202306 5.697 305.109 6.236
202309 6.126 307.789 6.647
202312 6.046 306.746 6.582
202403 6.038 312.332 6.456
202406 5.961 314.175 6.336
202409 6.475 315.301 6.858
202412 6.714 315.605 7.104
202503 6.871 319.799 7.175
202506 7.307 322.561 7.565
202509 7.539 324.800 7.751
202512 7.776 324.054 8.014
202603 7.582 330.213 7.668
202606 7.938 333.952 7.938

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 2.33 mean?
Synaptics (SYNA) has a Cyclically Adjusted PS Ratio of 2.33 as of Aug. 10, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Synaptics and its competitors. This is 26% above median its historical median of 1.85. Over the past decade, Synaptics' Cyclically Adjusted PS Ratio has ranged from 0.79 to 6.89. According to the industry distribution chart, Synaptics ranks #318 out of 731 companies in the Semiconductors industry, placing it in the top 43.5%.
Is Synaptics' Cyclically Adjusted PS Ratio too high?
Synaptics' current Cyclically Adjusted PS Ratio of 2.33 is 26% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 6.89. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Synaptics' value of 2.33 is 22.6% below this industry median. Based on the distribution chart, Synaptics ranks #318 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Synaptics has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Synaptics' Cyclically Adjusted PS Ratio compare to DIOD and LASR?
According to the Semiconductors industry distribution chart, Synaptics ranks #318 out of 731 companies for Cyclically Adjusted PS Ratio. This puts Synaptics in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Synaptics' value of 2.33 is 22.6% below this benchmark. Historically, Synaptics' own Cyclically Adjusted PS Ratio has ranged from 0.79 to 6.89 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 3.01, Synaptics has consistently been below 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 PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.01, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Synaptics's current Cyclically Adjusted PS Ratio of 2.33 is 22.6% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Synaptics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synaptics's current Cyclically Adjusted PS Ratio is 2.33, which is 26% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synaptics stock overvalued right now?
Based on GuruFocus' analysis, Synaptics (SYNA) is currently considered Modestly Overvalued. The stock's GF Value™ is $94.35, compared to a current price of $106.15 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.33, which is 26% above median its 10-year median of 1.85 and 22.6% below the Semiconductors industry median of 3.01. Synaptics' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Synaptics (SYNA), the current Cyclically Adjusted PS Ratio is 2.33 as of Aug. 10, 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 Synaptics (SYNA) Overvalued in 2026?

Based on GuruFocus' analysis, Synaptics stock appears to be overvalued. The current stock price of $106.15 is trading 12.5% above its estimated GF Value™ of $94.35. GuruFocus considers Synaptics to be Modestly Overvalued.

Key valuation signals for SYNA:

  • Cyclically Adjusted PS Ratio: 2.33 (26% above median its 10-year median of 1.85)
  • GF Value™: $94.35 vs. price of $106.15 (12.5% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 22.6% below the Semiconductors median (#318 of 731)

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


Synaptics Business Description

Other Exchanges 1SYNA:ItalySJN:Germany
Address 1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. It operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products. The company geographically, it derives a majority of revenue from China, and also has its presence in Taiwan, Japan, South Korea, United States and Other countries.
72GF Score

Get the complete analysis for SYNA

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

$106.15
Price
$94.35
GF Value