Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Synopsys Inc., historical price multiples (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Price to earnings (P/E) 55.30 63.08 62.39 70.08 62.65 67.52 57.28 51.76 53.76 46.52 48.45 73.37 64.13 45.71 56.52 55.92 51.53 54.36 46.45 39.55 32.80 28.89 26.11 29.60
Price to operating profit (P/OP) 55.89 63.48 63.96 67.90 61.35 62.50 50.41 43.85 48.91 42.54 47.17 75.64 65.25 49.28 59.98 59.90 58.40 54.81 48.73 40.48 45.42 45.04 38.51 35.54
Price to sales (P/S) 13.30 14.54 14.32 14.75 11.72 11.75 10.44 10.03 11.21 9.86 9.78 13.22 11.85 9.27 10.69 10.08 9.21 7.59 6.65 6.27 6.21 5.41 4.85 4.10
Price to book value (P/BV) 10.75 12.58 13.16 14.02 10.87 10.66 9.58 9.24 9.90 8.43 8.17 10.50 9.38 7.26 8.37 7.57 7.04 6.04 5.41 5.16 5.22 4.47 4.08 3.68 4.81 4.04 4.04

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Synopsys Inc. P/E ratio increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Synopsys Inc. P/OP ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Synopsys Inc. P/S ratio increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Synopsys Inc. P/BV ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Earnings (P/E)

Synopsys Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
No. shares of common stock outstanding1 153,613,744 153,216,093 152,543,690 151,986,878 152,083,817 152,159,561 152,301,677 152,417,194 152,911,344 152,970,249 153,098,717 153,438,336 152,502,754 152,574,904 152,373,162 153,032,497 151,761,689 150,788,707 150,227,140 150,534,877 150,286,586 149,899,115 149,675,824 149,515,012 148,588,107 149,010,904 148,725,114
Selected Financial Data (US$)
Net income (loss) attributed to Synopsys (in thousands) 408,055 292,107 449,112 349,190 336,252 272,910 271,536 153,500 222,626 294,781 313,687 201,447 198,646 195,078 162,345 197,455 252,911 109,920 104,061 160,714 99,929 118,210 153,514 254,328 79,409 102,472 (3,691)
Earnings per share (EPS)2 9.75 9.31 9.23 8.09 6.80 6.05 6.19 6.46 6.75 6.59 5.94 4.94 4.94 5.29 4.74 4.34 4.14 3.15 3.21 3.54 4.17 4.04 3.94 2.89 0.00 0.00 0.00
Share price1, 3 539.39 587.40 575.65 567.06 426.02 408.50 354.45 334.34 363.00 306.72 287.63 362.23 316.88 242.00 268.07 242.74 213.10 171.11 149.33 139.88 136.62 116.71 102.89 85.63 102.13 88.32 85.24
Valuation Ratio
P/E ratio4 55.30 63.08 62.39 70.08 62.65 67.52 57.28 51.76 53.76 46.52 48.45 73.37 64.13 45.71 56.52 55.92 51.53 54.36 46.45 39.55 32.80 28.89 26.11 29.60
Benchmarks
P/E Ratio, Competitors5
Accenture PLC 27.59 30.87 31.14 27.81 27.07 24.73 23.64 22.93 27.30 31.69 40.88 36.58 32.02 31.11 31.97 28.32 27.95 20.33 27.24 24.58
Adobe Inc. 42.53 46.15 47.07 49.64 44.69 45.30 36.72 33.15 27.18 35.27 45.03 48.90 47.07 49.98 40.82 41.69 58.43 55.97 45.60 57.17 49.46 52.86 47.73 46.11
Autodesk Inc. 51.63 53.66 51.85 51.99 67.83 78.07 95.44 82.51 43.19 50.71 46.55 47.53 142.59 157.79 157.35 152.72 263.67 556.06
Cadence Design Systems Inc. 76.54 69.10 72.17 78.64 68.16 73.71 67.89 59.70 55.98 59.24 56.00 53.88 66.92 59.14 61.38 62.89 29.42 28.44 21.90 20.22
CrowdStrike Holdings Inc.
International Business Machines Corp. 29.62 20.87 18.66 22.50 19.07 63.16 62.36 71.56 95.23 20.78 22.19 19.40 23.26 23.99 23.63 19.30 12.46 14.07 12.44 13.35
Intuit Inc. 60.26 66.50 61.19 64.61 56.26 59.38 56.80 57.31 40.47 63.28 85.13 75.17 56.40 62.56 48.28 49.52 56.56 45.75 44.67 48.17
Microsoft Corp. 34.41 36.78 31.86 33.96 29.67 26.71 26.77 28.34 27.89 30.38 34.30 35.14 35.22 34.15 33.95 35.04 29.08 28.84 25.48 26.86
Oracle Corp. 32.94 27.34 32.03 38.96 27.11 24.69 35.29 26.85 27.46 26.70 17.45 15.84 15.15 17.19 17.88 16.69 14.05 15.99 16.13 16.89
Palo Alto Networks Inc. 41.23 37.18 127.16 170.35 290.24 1,656.40
Salesforce Inc. 94.07 136.55 547.14 879.57 528.78 324.46 174.67 135.68 147.95 110.94 48.91 48.20 58.10 104.23 1,204.70 188.52 139.92 106.17 107.70
ServiceNow Inc. 147.50 148.98 77.25 90.80 71.21 80.21 231.71 284.28 417.74 479.20 452.04 487.70 620.23 681.34 654.66 978.47 142.19 113.61 99.10 106.89

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
EPS = (Net income (loss) attributed to SynopsysQ3 2024 + Net income (loss) attributed to SynopsysQ2 2024 + Net income (loss) attributed to SynopsysQ1 2024 + Net income (loss) attributed to SynopsysQ4 2023) ÷ No. shares of common stock outstanding
= (408,055,000 + 292,107,000 + 449,112,000 + 349,190,000) ÷ 153,613,744 = 9.75

3 Closing price as at the filing date of Synopsys Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/E ratio = Share price ÷ EPS
= 539.39 ÷ 9.75 = 55.30

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Synopsys Inc. P/E ratio increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.

Price to Operating Profit (P/OP)

Synopsys Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
No. shares of common stock outstanding1 153,613,744 153,216,093 152,543,690 151,986,878 152,083,817 152,159,561 152,301,677 152,417,194 152,911,344 152,970,249 153,098,717 153,438,336 152,502,754 152,574,904 152,373,162 153,032,497 151,761,689 150,788,707 150,227,140 150,534,877 150,286,586 149,899,115 149,675,824 149,515,012 148,588,107 149,010,904 148,725,114
Selected Financial Data (US$)
Operating income (in thousands) 360,211 332,072 359,620 430,521 295,474 287,332 255,932 217,373 233,928 363,701 347,036 190,288 201,923 194,231 148,348 196,132 210,598 125,895 87,516 129,721 127,594 115,502 147,414 61,525 63,968 127,014 107,718
Operating profit per share2 9.65 9.25 9.00 8.35 6.94 6.54 7.03 7.62 7.42 7.21 6.10 4.79 4.86 4.91 4.47 4.05 3.65 3.12 3.06 3.46 3.01 2.59 2.67 2.41 0.00 0.00 0.00
Share price1, 3 539.39 587.40 575.65 567.06 426.02 408.50 354.45 334.34 363.00 306.72 287.63 362.23 316.88 242.00 268.07 242.74 213.10 171.11 149.33 139.88 136.62 116.71 102.89 85.63 102.13 88.32 85.24
Valuation Ratio
P/OP ratio4 55.89 63.48 63.96 67.90 61.35 62.50 50.41 43.85 48.91 42.54 47.17 75.64 65.25 49.28 59.98 59.90 58.40 54.81 48.73 40.48 45.42 45.04 38.51 35.54
Benchmarks
P/OP Ratio, Competitors5
Accenture PLC 20.96 24.43 24.40 21.69 21.16 18.24 17.50 16.83 19.98 23.62 31.03 28.35 25.67 24.96 25.29 22.21 21.16 15.44 20.55 18.63
Adobe Inc. 34.93 37.61 37.84 40.52 35.69 35.47 28.49 25.85 21.47 28.50 36.67 40.64 49.83 54.24 47.80 51.75 56.53 54.83 41.99 51.63 45.51 48.61 45.19 42.06
Autodesk Inc. 43.43 46.34 43.80 43.26 49.15 55.00 66.66 66.40 86.38 105.10 95.50 91.28 105.67 109.98 107.00 95.51 155.77 206.35 637.38
Cadence Design Systems Inc. 64.64 62.16 64.10 65.43 57.98 59.96 53.91 47.21 41.53 46.31 46.60 48.13 60.37 53.96 56.52 57.54 55.62 55.49 43.23 40.67
CrowdStrike Holdings Inc.
International Business Machines Corp. 20.07 18.25 16.26 17.99 14.81 15.22 13.98 14.35 15.37 15.24 17.07 16.23 19.92 19.33 17.63 15.90 10.75 12.76 12.48 11.94
Intuit Inc. 48.74 53.07 46.91 49.04 41.32 43.34 43.50 46.05 33.22 53.54 71.64 62.00 46.48 52.54 39.99 41.56 49.11 39.04 37.66 40.45
Microsoft Corp. 28.04 30.20 26.16 27.76 24.15 21.76 22.07 24.72 24.66 27.51 31.35 30.79 30.72 29.13 28.71 29.30 25.90 25.91 22.91 24.54
Oracle Corp. 23.67 19.36 21.82 25.30 16.87 15.50 20.25 16.51 18.93 24.87 15.78 14.31 12.98 12.20 12.88 12.17 10.92 12.75 12.96 13.83
Palo Alto Networks Inc. 144.37 140.84 132.92 193.40 418.83 2,480.99
Salesforce Inc. 65.09 79.66 145.83 177.62 295.77 2,318.80 818.64 357.52 280.57 236.57 228.93 431.39 914.43 3,682.10 511.08 295.22 267.46 221.93 223.46
ServiceNow Inc. 156.39 159.12 156.78 206.26 174.57 225.28 224.96 260.26 357.30 404.46 408.11 436.46 570.38 493.80 404.36 583.07 475.62 421.22 625.53 1,590.30

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
Operating profit per share = (Operating incomeQ3 2024 + Operating incomeQ2 2024 + Operating incomeQ1 2024 + Operating incomeQ4 2023) ÷ No. shares of common stock outstanding
= (360,211,000 + 332,072,000 + 359,620,000 + 430,521,000) ÷ 153,613,744 = 9.65

3 Closing price as at the filing date of Synopsys Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 539.39 ÷ 9.65 = 55.89

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Synopsys Inc. P/OP ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Sales (P/S)

Synopsys Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
No. shares of common stock outstanding1 153,613,744 153,216,093 152,543,690 151,986,878 152,083,817 152,159,561 152,301,677 152,417,194 152,911,344 152,970,249 153,098,717 153,438,336 152,502,754 152,574,904 152,373,162 153,032,497 151,761,689 150,788,707 150,227,140 150,534,877 150,286,586 149,899,115 149,675,824 149,515,012 148,588,107 149,010,904 148,725,114
Selected Financial Data (US$)
Revenue (in thousands) 1,525,749 1,454,712 1,649,230 1,599,128 1,487,288 1,394,863 1,361,340 1,284,292 1,247,766 1,279,229 1,270,255 1,152,419 1,057,130 1,024,323 970,321 1,025,439 964,134 861,327 834,381 851,081 852,970 836,242 820,401 795,082 779,714 776,836 769,426
Sales per share2 40.55 40.40 40.19 38.44 36.35 34.75 33.96 33.34 32.37 31.11 29.42 27.40 26.74 26.11 25.08 24.08 23.13 22.55 22.46 22.33 21.99 21.56 21.19 20.87 0.00 0.00 0.00
Share price1, 3 539.39 587.40 575.65 567.06 426.02 408.50 354.45 334.34 363.00 306.72 287.63 362.23 316.88 242.00 268.07 242.74 213.10 171.11 149.33 139.88 136.62 116.71 102.89 85.63 102.13 88.32 85.24
Valuation Ratio
P/S ratio4 13.30 14.54 14.32 14.75 11.72 11.75 10.44 10.03 11.21 9.86 9.78 13.22 11.85 9.27 10.69 10.08 9.21 7.59 6.65 6.27 6.21 5.41 4.85 4.10
Benchmarks
P/S Ratio, Competitors5
Accenture PLC 2.98 3.36 3.32 2.98 3.05 2.72 2.67 2.56 3.04 3.57 4.72 4.28 3.86 3.72 3.75 3.26 3.11 2.26 3.01 2.72
Adobe Inc. 10.88 11.47 11.33 13.88 12.12 11.93 9.66 8.95 7.61 10.33 13.47 14.94 18.20 19.39 16.61 17.04 18.15 17.19 12.64 15.11 12.91 13.88 13.40 13.23
Autodesk Inc. 8.86 9.00 8.51 8.55 8.57 9.18 10.18 9.35 13.52 16.50 15.51 15.15 16.75 16.19 14.02 10.00 12.49 10.82 12.79 13.21
Cadence Design Systems Inc. 18.27 17.52 18.53 20.02 16.65 17.25 15.77 14.23 12.80 13.99 13.21 12.55 15.59 13.88 14.33 13.85 12.56 11.87 9.14 8.56
CrowdStrike Holdings Inc. 19.77 14.73 15.27 12.81 13.55 23.24 22.99 30.15 37.35 54.14 46.77 48.70 46.83 43.35 37.61 22.79
International Business Machines Corp. 3.03 2.82 2.46 2.73 2.16 2.11 1.89 1.94 1.99 1.95 2.10 1.94 1.82 1.96 1.83 1.47 1.31 1.47 1.46 1.63
Intuit Inc. 11.71 12.20 10.73 10.72 8.95 8.44 8.01 9.30 7.87 12.04 17.26 16.09 13.50 14.16 12.12 11.78 11.03 10.47 10.18 11.05
Microsoft Corp. 12.54 13.34 11.25 11.60 9.86 8.83 9.20 10.40 10.50 11.70 13.21 12.81 12.33 11.43 10.96 10.85 9.70 9.52 8.07 8.38
Oracle Corp. 6.68 5.37 5.89 6.63 4.73 4.71 4.64 4.25 4.96 6.62 5.96 5.38 4.90 4.53 4.67 4.33 3.80 4.42 4.47 4.74
Palo Alto Networks Inc. 12.95 11.24 10.83 10.87 9.63 9.23 8.70 9.62 9.22 9.68 11.48 10.72 8.85 9.71 7.64 6.66 7.03 6.29 7.16 7.06
Salesforce Inc. 7.18 6.52 6.44 5.84 4.85 5.93 6.27 7.40 10.30 11.09 9.72 9.24 10.19 12.73 8.72 8.88 8.75 9.02 8.77 9.00
ServiceNow Inc. 18.83 17.15 15.71 17.52 13.33 14.25 12.17 12.75 12.13 13.36 16.11 19.02 24.74 22.46 20.63 25.66 23.60 20.92 18.03 19.36

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
Sales per share = (RevenueQ3 2024 + RevenueQ2 2024 + RevenueQ1 2024 + RevenueQ4 2023) ÷ No. shares of common stock outstanding
= (1,525,749,000 + 1,454,712,000 + 1,649,230,000 + 1,599,128,000) ÷ 153,613,744 = 40.55

3 Closing price as at the filing date of Synopsys Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 539.39 ÷ 40.55 = 13.30

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Synopsys Inc. P/S ratio increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.

Price to Book Value (P/BV)

Synopsys Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
No. shares of common stock outstanding1 153,613,744 153,216,093 152,543,690 151,986,878 152,083,817 152,159,561 152,301,677 152,417,194 152,911,344 152,970,249 153,098,717 153,438,336 152,502,754 152,574,904 152,373,162 153,032,497 151,761,689 150,788,707 150,227,140 150,534,877 150,286,586 149,899,115 149,675,824 149,515,012 148,588,107 149,010,904 148,725,114
Selected Financial Data (US$)
Total Synopsys stockholders’ equity (in thousands) 7,709,396 7,153,160 6,670,984 6,147,308 5,958,555 5,831,859 5,636,754 5,515,725 5,604,026 5,564,311 5,386,773 5,295,137 5,151,020 5,088,135 4,882,252 4,907,404 4,595,925 4,275,086 4,148,827 4,083,013 3,933,806 3,909,572 3,778,802 3,479,152 3,158,139 3,256,293 3,136,529
Book value per share (BVPS)2 50.19 46.69 43.73 40.45 39.18 38.33 37.01 36.19 36.65 36.38 35.18 34.51 33.78 33.35 32.04 32.07 30.28 28.35 27.62 27.12 26.18 26.08 25.25 23.27 21.25 21.85 21.09
Share price1, 3 539.39 587.40 575.65 567.06 426.02 408.50 354.45 334.34 363.00 306.72 287.63 362.23 316.88 242.00 268.07 242.74 213.10 171.11 149.33 139.88 136.62 116.71 102.89 85.63 102.13 88.32 85.24
Valuation Ratio
P/BV ratio4 10.75 12.58 13.16 14.02 10.87 10.66 9.58 9.24 9.90 8.43 8.17 10.50 9.38 7.26 8.37 7.57 7.04 6.04 5.41 5.16 5.22 4.47 4.08 3.68 4.81 4.04 4.04
Benchmarks
P/BV Ratio, Competitors5
Accenture PLC 6.92 8.00 8.03 7.44 7.65 7.22 7.26 7.13 8.46 9.85 12.45 11.06 9.57 9.27 9.38 8.51 8.64 6.53 8.73 8.15 8.50 8.38 7.22
Adobe Inc. 15.67 15.79 14.62 16.31 14.51 14.82 12.24 11.22 9.10 12.33 15.78 15.94 19.07 20.14 16.77 16.53 19.27 19.03 14.08 16.03 13.41 14.11 12.97 12.76 14.79 13.37 12.12
Autodesk Inc. 31.94 38.89 48.44 37.37 46.35 58.85 68.31 48.29 44.52 50.21 53.52 59.48 882.10 851.54
Cadence Design Systems Inc. 17.43 17.12 21.18 24.05 20.96 22.55 19.75 18.46 16.23 17.49 15.10 13.68 17.63 15.94 15.79 14.90 13.22 12.81 10.07 9.51 12.65 14.23 13.21
CrowdStrike Holdings Inc. 27.75 21.18 23.27 19.61 20.98 34.78 34.12 42.67 50.64 68.13 55.02 48.91 43.84 35.86 28.17 14.78 14.59 23.58 235.40
International Business Machines Corp. 7.75 7.32 6.56 7.49 5.72 5.76 5.29 5.34 5.99 5.98 6.43 5.90 4.99 5.83 5.93 5.24 4.65 5.39 5.61 6.04 6.67 7.52 7.55
Intuit Inc. 9.87 10.89 9.31 8.92 7.16 7.29 6.64 7.20 5.97 8.81 18.30 15.71 12.05 12.32 18.11 17.71 15.95 20.02 19.43 20.00 15.37 23.25 18.21
Microsoft Corp. 11.72 12.74 11.13 11.92 10.52 9.84 10.77 12.38 12.40 13.52 15.32 15.16 14.67 13.45 13.07 13.11 11.75 11.61 9.87 10.30 10.10 8.86 9.14
Oracle Corp. 62.34 71.68 126.71 308.71 41.57 21.84 22.54 19.31 14.01 10.62 11.23 9.59 8.59 7.70 5.45 4.92
Palo Alto Networks Inc. 22.59 19.43 35.97 42.84 50.71 77.94 99.68 251.98 141.27 399.29 100.84 71.88 35.40 35.42 36.65 20.61 30.82 12.21 14.24 12.91 13.49 22.29 13.10
Salesforce Inc. 4.20 3.71 3.61 3.13 2.48 2.89 2.98 3.37 4.51 4.70 5.10 4.73 5.13 6.42 4.60 4.48 4.17 7.74 7.48 7.66 7.32 8.54 8.58
ServiceNow Inc. 21.21 19.70 18.37 20.60 15.73 16.49 16.55 18.36 18.56 21.02 25.22 30.36 38.72 35.47 32.82 40.91 37.26 33.38 29.58 31.48 31.83 38.92 41.50

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
BVPS = Total Synopsys stockholders’ equity ÷ No. shares of common stock outstanding
= 7,709,396,000 ÷ 153,613,744 = 50.19

3 Closing price as at the filing date of Synopsys Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 539.39 ÷ 50.19 = 10.75

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Synopsys Inc. P/BV ratio decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.