The PE ratio for Adobe stock stands at 35.11 as of Jan 21, 2025. This is calculated based on the TTM EPS of $12.43 and the stock price of $436.36 per share. A decrease of 24% has been observed in the PE ratio compared to its average of 46.0 of the past four quarters.
Over the last ten years, the average PE ratio of Adobe has been 53.07. The current 35.11 price-to-earnings ratio is 34% 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.
Maximum annual increase: 53.07% in 2023
Maximum annual decrease: -46.39% in 2015
Year | PE ratio | Change |
---|---|---|
2024 | 41.51 | -19.55% |
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% |
ADBE's current PE ratio is under its 3, 5 and 10-year averages.
ADBE's PE ratio is less than its peer stocks AAPL and MSFT, but it is above IBM's. Adobe's current PE ratio of 35.11 is less than the average of its peers, which is 44.99.
Stock name | PE ratio | Market cap |
---|---|---|
IBM International Business Machines Corp | 31.79 | $205.49B |
ADBE Adobe Inc | 35.17 | $190.28B |
MSFT Microsoft Corp | 36.29 | $3.28T |
AAPL Apple Inc | 36.33 | $3.36T |
ORCL Oracle Corp | 43.44 | $511.56B |
CRM Salesforcecom Inc | 53.8 | $316.66B |
INTU Intuit Inc | 58.85 | $171.72B |
ADSK Autodesk Inc | 59.24 | $64.58B |
ADBE's price to earnings ratio is 35.11 as of Jan 21, 2025.
The 3-year average PE ratio for ADBE stock is 43.11.
The 5-year average PE ratio for ADBE stock is 46.24.
Over the last ten years, the Feb 2015 quarter recorded the highest quarterly PE ratio at 127.58.
The current PE ratio of ADBE is 34% 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 (Jan 21, 2025), Adobe's share price is $436.36. The company's earnings per share for the trailing twelve months (TTM) ending Nov 2024 is $12.43. Therefore, Adobe's price to earnings ratio for today is 35.11. PE RATIO(35.11) = STOCK PRICE($436.36) / TTM EPS($12.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.