The price-to-earnings ratio for Adeia stock stands at 31.03 as of Nov 21, 2024. This is based on the current EPS of $0.39 and the stock price of $12.1 per share. An increase of 18% has been recorded in the P/E ratio compared to the average of 26.3 of the last 4 quarters.
Over the last ten years, the average PE ratio of Adeia has been 27.86. The current 31.03 PE ratio is 11% above the historical average. In the past ten years, ADEA's PE ratio was at its highest in the Mar 2019 quarter at 156, with a price of $23.4 and an EPS of $0.15. The Sep 2023 quarter recorded the bottom point at 8.68, with a price of $10.68 and an EPS of $1.23.
Maximum annual increase: 191.94% in 2016
Year | PE ratio | Change |
---|---|---|
2023 | 19.67 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | 11.81 | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
2016 | 38.77 | 191.94% |
2015 | 13.28 | 19.96% |
2014 | 11.07 | N/A |
ADEA's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks PANW and PAY, ADEA's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
ADEA Adeia Inc | 31.03 | $1.32B |
PANW Palo Alto Networks Inc | 46.9 | $130.49B |
PAY Paymentus Holdings Inc | 106.79 | $4.53B |
The price to earnings ratio for ADEA stock is 31.03 as of Nov 21, 2024.
As an average over the last 3 years, ADEA stock has a PE ratio of 22.76.
As an average over the last 5 years, ADEA stock has a PE ratio of 17.83.
In the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 156.
ADEA's current price to earnings ratio is 11% above its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Adeia's stock price is $12.1. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.39. Therefore, Adeia's P/E ratio for today is 31.03. PE RATIO(31.03) = STOCK PRICE($12.1) / TTM EPS($0.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.