ADBE Adobe PE ratio, current and historical analysis
The PE ratio for Adobe stock stands at 42.39 as of Nov 21, 2024. This is calculated based on the TTM EPS of $11.9 and the stock price of $504.44 per share. A decrease of 13% 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 55.44. The current 42.39 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 Nov 2014 quarter at 136.44, with a price of $73.68 and an EPS of $0.54. 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 ORCL and CRM, but it is above AAPL's and MSFT's. Adobe's current PE ratio of 42.39 is less than the average of its peers, which is 48.2.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 31.82 | $205.64B |
| MSFT Microsoft Corp | 33.93 | $3.07T |
| AAPL Apple Inc | 37.4 | $3.45T |
| ADBE Adobe Inc | 42.39 | $221.95B |
| ORCL Oracle Corp | 48.23 | $533.22B |
| CRM Salesforcecom Inc | 57.79 | $321.01B |
| ADSK Autodesk Inc | 64.11 | $67.81B |
| INTU Intuit Inc | 65.13 | $190.06B |
Frequently asked questions
What is Adobe's PE ratio?
ADBE's price to earnings ratio is 42.39 as of Nov 21, 2024.
What is the 3-year average PE ratio for Adobe (ADBE)?
The 3-year average PE ratio for ADBE stock is 44.74.
What is the 5-year average PE ratio for Adobe (ADBE)?
The 5-year average PE ratio for ADBE stock is 46.71.
What is the highest PE ratio for ADBE?
Over the last ten years, the Nov 2014 quarter recorded the highest quarterly PE ratio at 136.44.
How does the current PE ratio for ADBE compare to its historical average?
The current PE ratio of ADBE is 24% 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 (Nov 21, 2024), Adobe's share price is $504.44. 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 42.39. PE RATIO(42.39) = STOCK PRICE($504.44) / TTM EPS($11.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.