Synopsys (WBO:SYNP) PB Ratio : 12.41 (As of Apr. 25, 2024)

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What is Synopsys PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Synopsys's share price is €498.25. Synopsys's Book Value per Share for the quarter that ended in Jan. 2024 was €40.15. Hence, Synopsys's PB Ratio of today is 12.41.

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

WBO:SYNP' s PB Ratio Range Over the Past 10 Years
Min: 1.94 Med: 4.16 Max: 13.76
Current: 12.19

During the past 13 years, Synopsys's highest PB Ratio was 13.76. The lowest was 1.94. And the median was 4.16.

WBO:SYNP's PB Ratio is ranked worse than
90.57% of 2578 companies
in the Software industry
Industry Median: 2.615 vs WBO:SYNP: 12.19

During the past 12 months, Synopsys's average Book Value Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Synopsys was 81.20% per year. The lowest was -6.50% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio

Synopsys PB Ratio Historical Data

The historical data trend for Synopsys's 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 PB Ratio Chart

Synopsys Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

PB Ratio

Get a 7-Day Free Trial

9.34

8.10

11.60

Synopsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
PB Ratio	Get a 7-Day Free Trial															9.49	9.51	11.50	11.60	12.28

Competitive Comparison of Synopsys's PB Ratio

For the Software - Infrastructure subindustry, Synopsys's PB Ratio, along with its competitors' market caps and 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 PB Ratio Distribution in the Software Industry

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

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

Synopsys PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Synopsys's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	498.25	/	40.148
	=	12.41

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Synopsys (WBO:SYNP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Synopsys PB Ratio Related Terms

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

Synopsys (WBO:SYNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synopsys Inc (WBO:SYNP) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SNPS:USA SNPS:Mexico SYPd:UK SYP:Germany S1NP34:Brazil

Address

675 Almanor Avenue, Sunnyvale, CA, USA, 94085

Website

https://www.synopsys.com

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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