As of today (2024-04-19), Synopsys's share price is $510.71. Synopsys's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $14.18. Hence, Synopsys's Price to Tangible Book Ratio of today is 36.03.
The historical rank and industry rank for Synopsys's Price-to-Tangible-Book or its related term are showing as below:
SNPS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 14.24 Med: 31.2 Max: 46.3
Current: 36.02
During the past 13 years, Synopsys's highest Price to Tangible Book Ratio was 46.30. The lowest was 14.24. And the median was 31.20.
SNPS's Price-to-Tangible-Book is ranked worse than 94.25% of 2086
companies
in the Software industry
Industry Median: 3.51
vs SNPS: 36.02
A closely related ratio is called PB Ratio. As of today, Synopsys's share price is $510.71. Synopsys's Book Value per Sharefor the quarter that ended in Jan. 2024 was $43.73. Hence, Synopsys's P/B Ratio of today is 11.68.
Synopsys Price-to-Tangible-Book Historical Data
The historical data trend for Synopsys's Price-to-Tangible-Book 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 Annual Data
Trend
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Oct22
Oct23
Price-to-Tangible-Book
32.27
25.34
34.44
34.63
41.92
Synopsys Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Price-to-Tangible-Book
38.21
35.64
39.64
41.92
37.63
Competitive Comparison
For the Software - Infrastructure subindustry, Synopsys's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution
For the Software industry and Technology sector, Synopsys's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Synopsys's Price-to-Tangible-Book falls into.
Synopsys Price-to-Tangible-Book Calculation
Synopsys's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Synopsys Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Synopsys's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack 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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