The PE ratio for Adobe stock stands at 47.56 as of Jul 25, 2024. This is calculated based on the TTM EPS of $11.19 and the stock price of $532.15 per share. A decrease of 3% has been observed in the PE ratio compared to its average of 49.0 of the past four quarters.
Over the last ten years, the average PE ratio of Adobe has been 57.9. The current 47.56 price-to-earnings ratio is 18% 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 higher than the 3 and 5-year averages, but it is under its 10-year average.
ADBE's PE ratio is less than its peer stocks INTU and ADSK, but it is above AAPL's and MSFT's. Adobe's current PE ratio of 47.56 is more than the average of its peers, which is 40.28.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 21.38 | $176.14B |
| AAPL Apple Inc | 33.75 | $3.34T |
| ORCL Oracle Corp | 36.39 | $383.09B |
| MSFT Microsoft Corp | 36.7 | $3.16T |
| CRM Salesforcecom Inc | 46.66 | $254.57B |
| ADBE Adobe Inc | 48.48 | $240.55B |
| ADSK Autodesk Inc | 51.81 | $52.03B |
| INTU Intuit Inc | 57.76 | $177.12B |
ADBE's price to earnings ratio is 47.56 as of Jul 25, 2024.
The 3-year average PE ratio for ADBE stock is 45.27.
The 5-year average PE ratio for ADBE stock is 46.79.
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 18% 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 (Jul 25, 2024), Adobe's share price is $532.15. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $11.19. Therefore, Adobe's price to earnings ratio for today is 47.56. PE RATIO(47.56) = STOCK PRICE($532.15) / TTM EPS($11.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.