The PE ratio for Adobe stock stands at 45.4 as of Apr 26, 2024. This is calculated based on the TTM EPS of $10.52 and the stock price of $477.56 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 49.5 of the past four quarters.
Over the last ten years, the average PE ratio of Adobe has been 59.79. The current 45.4 price-to-earnings ratio is 24% less than the historical average. Analyzing the last ten years, ADBE's PE ratio reached its highest point in the Aug 2014 quarter at 146.73, with a price of $71.9 and an EPS of $0.49. The Dec 2022 quarter saw the lowest point at 33.71, with a price of $341.53 and an EPS of $10.13.
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's current PE ratio is under its 3, 5 and 10-year averages.
ADBE's PE ratio is less than its peer stocks CRM and INTU, but it is above MSFT's and AAPL's. Adobe's current PE ratio of 45.4 is more than the average of its peers, which is 41.64.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 20.28 | $153.22B |
| AAPL Apple Inc | 26.21 | $2.61T |
| ORCL Oracle Corp | 30.13 | $322.15B |
| MSFT Microsoft Corp | 35.06 | $3.02T |
| ADBE Adobe Inc | 45.4 | $213.95B |
| ADSK Autodesk Inc | 50.8 | $46.62B |
| INTU Intuit Inc | 64.43 | $178.22B |
| CRM Salesforcecom Inc | 64.54 | $266.06B |
ADBE's price to earnings ratio is 45.4 as of Apr 26, 2024.
The 3-year average PE ratio for ADBE stock is 45.57.
The 5-year average PE ratio for ADBE stock is 47.3.
Over the last ten years, the Aug 2014 quarter recorded the highest quarterly PE ratio at 146.73.
The current PE ratio of ADBE is 24% lower than the 10-year historical average.
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 (Apr 26, 2024), Adobe's share price is $477.56. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $10.52. Therefore, Adobe's price to earnings ratio for today is 45.4. PE RATIO(45.4) = STOCK PRICE($477.56) / TTM EPS($10.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.