P/E ratio for Synaptics (SYNA)

P/E ratio history for Synaptics from 2002 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Immersion Corporation IMMR	6.82	-84.48%	🇺🇸 USA
Logitech LOGI	33.2	-24.46%	🇨🇭 Switzerland
Supermicro SMCI	2.12	-95.17%	🇺🇸 USA
Mercury Systems MRCY	-83.7	-290.38%	🇺🇸 USA
Apple AAPL	34.4	-21.69%	🇺🇸 USA
HP HPQ	15.7	-64.19%	🇺🇸 USA
Maxim Integrated MXIM	N/A	N/A	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.