ADBE Adobe PE ratio, current and historical analysis
The PE ratio for Adobe stock stands at 37.58 as of Dec 20, 2024. This is calculated based on the TTM EPS of $11.9 and the stock price of $447.17 per share. A decrease of 22% has been observed in the PE ratio compared to its average of 48.5 of the past four quarters.
ADBE PE ratio history
Over the last ten years, the average PE ratio of Adobe has been 53.36. The current 37.58 price-to-earnings ratio is 30% less than the historical average. Analyzing the last ten years, ADBE's PE ratio reached its highest point in the Feb 2015 quarter at 127.58, with a price of $79.1 and an EPS of $0.62. The Dec 2022 quarter saw the lowest point at 33.71, with a price of $341.53 and an EPS of $10.13.
Adobe PE ratio by year
Maximum annual increase: 53.07% in 2023
Maximum annual decrease: -46.39% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 51.6 | 53.07% |
| 2022 | 33.71 | -44.77% |
| 2021 | 61.04 | 40% |
| 2020 | 43.6 | -14.49% |
| 2019 | 50.99 | 7.3% |
| 2018 | 47.52 | -9.21% |
| 2017 | 52.34 | 23.33% |
| 2016 | 42.44 | -41.98% |
| 2015 | 73.15 | -46.39% |
| 2014 | 136.44 | 39.37% |
ADBE average PE ratio chart
ADBE's current PE ratio is under its 3, 5 and 10-year averages.
ADBE PE vs peers
ADBE's PE ratio is less than its peer stocks AAPL and ORCL, but it is above MSFT's and IBM's. Adobe's current PE ratio of 37.58 is less than the average of its peers, which is 46.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 31.95 | $206.53B |
| MSFT Microsoft Corp | 35.88 | $3.25T |
| ADBE Adobe Inc | 37.58 | $196.75B |
| ORCL Oracle Corp | 40.3 | $474.53B |
| AAPL Apple Inc | 41.65 | $3.85T |
| CRM Salesforcecom Inc | 55.88 | $328.87B |
| ADSK Autodesk Inc | 58.8 | $64.1B |
| INTU Intuit Inc | 61.75 | $180.17B |
Frequently asked questions
What is Adobe's PE ratio?
ADBE's price to earnings ratio is 37.58 as of Dec 20, 2024.
What is the 3-year average PE ratio for Adobe (ADBE)?
The 3-year average PE ratio for ADBE stock is 43.26.
What is the 5-year average PE ratio for Adobe (ADBE)?
The 5-year average PE ratio for ADBE stock is 46.49.
What is the highest PE ratio for ADBE?
Over the last ten years, the Feb 2015 quarter recorded the highest quarterly PE ratio at 127.58.
How does the current PE ratio for ADBE compare to its historical average?
The current PE ratio of ADBE is 30% lower than the 10-year historical average.
How is ADBE's PE ratio calculated (Adobe PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Dec 20, 2024), Adobe's share price is $447.17. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $11.9. Therefore, Adobe's price to earnings ratio for today is 37.58. PE RATIO(37.58) = STOCK PRICE($447.17) / TTM EPS($11.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.