The PE ratio for Adobe stock stands at 41.57 as of Nov 8, 2024. This is calculated based on the TTM EPS of $11.9 and the stock price of $494.68 per share. A decrease of 14% has been observed in the PE ratio compared to its average of 48.5 of the past four quarters.
Over the last ten years, the average PE ratio of Adobe has been 55.44. The current 41.57 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 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.
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 ORCL and CRM, but it is above AAPL's and MSFT's. Adobe's current PE ratio of 41.57 is less than the average of its peers, which is 47.44.
Stock name | PE ratio | Market cap |
---|---|---|
IBM International Business Machines Corp | 30.58 | $197.62B |
MSFT Microsoft Corp | 34.72 | $3.14T |
AAPL Apple Inc | 37.15 | $3.43T |
ADBE Adobe Inc | 41.57 | $217.66B |
ORCL Oracle Corp | 47.43 | $524.41B |
CRM Salesforcecom Inc | 55.41 | $307.78B |
ADSK Autodesk Inc | 62.11 | $65.7B |
INTU Intuit Inc | 64.67 | $191.78B |
ADBE's price to earnings ratio is 41.57 as of Nov 8, 2024.
The 3-year average PE ratio for ADBE stock is 44.74.
The 5-year average PE ratio for ADBE stock is 46.71.
Over the last ten years, the Nov 2014 quarter recorded the highest quarterly PE ratio at 136.44.
The current PE ratio of ADBE is 25% 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 (Nov 8, 2024), Adobe's share price is $494.68. 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 41.57. PE RATIO(41.57) = STOCK PRICE($494.68) / TTM EPS($11.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.