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Synaptics (Synaptics) Shiller PE Ratio : 55.28 (As of Apr. 25, 2024)


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What is Synaptics Shiller PE Ratio?

As of today (2024-04-25), Synaptics's current share price is $87.35. Synaptics's E10 for the quarter that ended in Dec. 2023 was $1.58. Synaptics's Shiller PE Ratio for today is 55.28.

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

SYNA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.89   Med: 45.46   Max: 182.9
Current: 55.28

During the past years, Synaptics's highest Shiller PE Ratio was 182.90. The lowest was 18.89. And the median was 45.46.

SYNA's Shiller PE Ratio is ranked worse than
74.25% of 501 companies
in the Semiconductors industry
Industry Median: 27.85 vs SYNA: 55.28

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.

Synaptics's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synaptics Shiller PE Ratio Historical Data

The historical data trend for Synaptics'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.

Synaptics Shiller PE Ratio Chart

Synaptics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.61 42.84 105.45 57.34 44.22

Synaptics 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 43.05 52.06 44.22 53.46 72.14

Competitive Comparison of Synaptics's Shiller PE Ratio

For the Semiconductors subindustry, Synaptics'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.


Synaptics's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Synaptics's Shiller PE Ratio distribution charts can be found below:

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



Synaptics 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.

Synaptics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=87.35/1.58
=55.28

* 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.

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

For example, Synaptics'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)
=-0.23/129.4194*129.4194
=-0.230

Current CPI (Dec. 2023) = 129.4194.

Synaptics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.120 99.695 -1.454
201406 0.890 100.560 1.145
201409 0.680 100.428 0.876
201412 0.550 99.070 0.718
201503 0.820 99.621 1.065
201506 0.850 100.684 1.093
201509 0.620 100.392 0.799
201512 0.930 99.792 1.206
201603 0.540 100.470 0.696
201606 -0.190 101.688 -0.242
201609 0.100 101.861 0.127
201612 0.640 101.863 0.813
201703 0.130 102.862 0.164
201706 0.510 103.349 0.639
201709 -0.790 104.136 -0.982
201712 -2.420 104.011 -3.011
201803 -0.400 105.290 -0.492
201806 -0.040 106.317 -0.049
201809 0.110 106.507 0.134
201812 0.360 105.998 0.440
201903 0.190 107.251 0.229
201906 -1.350 108.070 -1.617
201909 0.120 108.329 0.143
201912 0.580 108.420 0.692
202003 0.140 108.902 0.166
202006 2.550 108.767 3.034
202009 -0.080 109.815 -0.094
202012 1.360 109.897 1.602
202103 0.350 111.754 0.405
202106 0.480 114.631 0.542
202109 0.990 115.734 1.107
202112 1.710 117.630 1.881
202203 1.590 121.301 1.696
202206 2.040 125.017 2.112
202209 1.590 125.227 1.643
202212 0.550 125.222 0.568
202303 0.260 127.348 0.264
202306 -0.590 128.729 -0.593
202309 -1.430 129.860 -1.425
202312 -0.230 129.419 -0.230

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.


Synaptics  (NAS:SYNA) 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.


Synaptics Shiller PE Ratio Related Terms

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


Synaptics (Synaptics) Business Description

Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.
Executives
Vikram Gupta officer: See Remarks 1109 MCKAY DRIVE, SAN JOSE CA 95131
John Mcfarland officer: SVP and General Counsel 1251 MCKAY DR., SAN JOSE CA 95131
Dean Warren Butler officer: See Remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Saleel Awsare officer: See Remarks C/O SIGMA DESIGN, INC., 47467 FREMONT BLVD., FREMONT CA 94538
Michael E. Hurlston director, officer: See remarks below 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kiva A. Allgood director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James L Whims director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kermit Nolan officer: See Remarks 1251 MCKAY DRIVE, SAN JOSE CA 95131
Jeffrey D Buchanan director C/O SMITH & WESSON, 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Patricia Lorraine Kummrow director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Craig Browning Stein officer: Please see remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Susan J Hardman director 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070