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Synovus Financial (FRA:SYU1) Shiller PE Ratio : 11.01 (As of Apr. 29, 2024)


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What is Synovus Financial Shiller PE Ratio?

As of today (2024-04-29), Synovus Financial's current share price is €33.80. Synovus Financial's E10 for the quarter that ended in Dec. 2023 was €3.07. Synovus Financial's Shiller PE Ratio for today is 11.01.

The historical rank and industry rank for Synovus Financial's Shiller PE Ratio or its related term are showing as below:

FRA:SYU1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.3   Med: 14.86   Max: 311.25
Current: 10.77

During the past years, Synovus Financial's highest Shiller PE Ratio was 311.25. The lowest was 7.30. And the median was 14.86.

FRA:SYU1's Shiller PE Ratio is ranked worse than
53.89% of 1132 companies
in the Banks industry
Industry Median: 10.36 vs FRA:SYU1: 10.77

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Synovus Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.376. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synovus Financial Shiller PE Ratio Historical Data

The historical data trend for Synovus Financial's Shiller PE 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.

Synovus Financial Shiller PE Ratio Chart

Synovus Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.74 13.71 15.15 12.14 11.00

Synovus Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.14 9.46 8.96 8.10 11.00

Competitive Comparison of Synovus Financial's Shiller PE Ratio

For the Banks - Regional subindustry, Synovus Financial's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Synovus Financial's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Synovus Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Synovus Financial's Shiller PE Ratio falls into.



Synovus Financial Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Synovus Financial's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.80/3.07
=11.01

* 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.

Synovus Financial's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Synovus Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.376/129.4194*129.4194
=0.376

Current CPI (Dec. 2023) = 129.4194.

Synovus Financial Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.239 99.695 0.310
201406 0.236 100.560 0.304
201409 0.248 100.428 0.320
201412 0.300 99.070 0.392
201503 0.351 99.621 0.456
201506 0.356 100.684 0.458
201509 0.374 100.392 0.482
201512 0.395 99.792 0.512
201603 0.350 100.470 0.451
201606 0.409 101.688 0.521
201609 0.454 101.861 0.577
201612 0.512 101.863 0.651
201703 0.524 102.862 0.659
201706 0.534 103.349 0.669
201709 0.654 104.136 0.813
201712 0.194 104.011 0.241
201803 0.681 105.290 0.837
201806 0.779 106.317 0.948
201809 0.720 106.507 0.875
201812 0.765 105.998 0.934
201903 0.637 107.251 0.769
201906 0.850 108.070 1.018
201909 0.754 108.329 0.901
201912 0.873 108.420 1.042
202003 0.181 108.902 0.215
202006 0.506 108.767 0.602
202009 0.475 109.815 0.560
202012 0.789 109.897 0.929
202103 1.000 111.754 1.158
202106 0.988 114.631 1.115
202109 1.029 115.734 1.151
202112 1.159 117.630 1.275
202203 1.008 121.301 1.075
202206 1.097 125.017 1.136
202209 1.343 125.227 1.388
202212 1.274 125.222 1.317
202303 1.233 127.348 1.253
202306 1.043 128.729 1.049
202309 0.562 129.860 0.560
202312 0.376 129.419 0.376

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Synovus Financial  (FRA:SYU1) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Synovus Financial Shiller PE Ratio Related Terms

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


Synovus Financial (FRA:SYU1) Business Description

Traded in Other Exchanges
Address
1111 Bay Avenue, Suite 500, Columbus, GA, USA, 31901
Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.

Synovus Financial (FRA:SYU1) Headlines

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