Is Synopsys, Inc. (SNPS) Undervalued?
Based on the current stock price of $477.14 and a P/E ratio of 59.20,Synopsys, Inc. has a PEG ratio of 5.17.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 5.17, SNPS appears to be potentially overvalued relative to its growth rate of 11.44%.
Based on a PEG ratio of 5.17 (adjusted for dividends).
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How we analyzed SNPS
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 59.20and dividing it by the annual growth rate of 11.44%.
PEG = 59.20 (P/E) ÷ 11.44 (Growth) = 5.17
Frequently Asked Questions about SNPS
What is the current PEG Ratio for Synopsys, Inc. (SNPS)?+
The current PEG Ratio for Synopsys, Inc. is 5.17. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is SNPS stock undervalued right now?+
Based on the PEG ratio of 5.17, Synopsys, Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for SNPS?+
The PEGY ratio for Synopsys, Inc. is 5.17. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.