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ADBE Adobe PE ratio, current and historical analysis

The PE ratio for Adobe stock stands at 43.71 as of Jun 12, 2024. This is calculated based on the TTM EPS of $10.52 and the stock price of $459.87 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 49.5 of the past four quarters.

ADBE PE ratio history

How has ADBE's PE ratio performed in the past

Over the last ten years, the average PE ratio of Adobe has been 58.37. The current 43.71 price-to-earnings ratio is 25% 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.

Average
58.37
Median
50.99
Minimum
33.71
Maximum
146.73

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

What is the average PE ratio of ADBE for the past years

ADBE's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
45.77
5-year avg
47.16
10-year avg
58.37
15-year avg
52.6

ADBE PE vs peers

What is ADBE's PE ratio compared to its peers

ADBE's PE ratio is less than its peer stocks INTU and ADSK, but it is above MSFT's and AAPL's. Adobe's current PE ratio of 43.71 is more than the average of its peers, which is 38.54.

Stock name PE ratio Market cap
IBM International Business Machines Corp 18.85 $155.35B
AAPL Apple Inc 33.16 $3.28T
ORCL Oracle Corp 35.95 $384.38B
MSFT Microsoft Corp 38.09 $3.28T
CRM Salesforcecom Inc 40.68 $221.93B
ADBE Adobe Inc 43.63 $205.62B
ADSK Autodesk Inc 47.97 $48.18B
INTU Intuit Inc 54.16 $166.1B

Frequently asked questions

What is Adobe's PE ratio?

ADBE's price to earnings ratio is 43.71 as of Jun 12, 2024.

What is the 3-year average PE ratio for Adobe (ADBE)?

The 3-year average PE ratio for ADBE stock is 45.77.

What is the 5-year average PE ratio for Adobe (ADBE)?

The 5-year average PE ratio for ADBE stock is 47.16.

What is the highest PE ratio for ADBE?

Over the last ten years, the Aug 2014 quarter recorded the highest quarterly PE ratio at 146.73.

How does the current PE ratio for ADBE compare to its historical average?

The current PE ratio of ADBE is 25% 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 (Jun 12, 2024), Adobe's share price is $459.87. 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 43.71. PE RATIO(43.71) = STOCK PRICE($459.87) / TTM EPS($10.52)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.