The PE ratio for Analog Devices stock stands at 35.87 as of Apr 26, 2024. This is based on the current EPS of $5.63 and the stock price of $201.97 per share. An increase of 30% has been seen in the P/E ratio compared to the average of 27.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Analog Devices has been 31.15. The current 35.87 PE ratio is 15% above the historical average. Over the past ten years, ADI's PE ratio was at its highest in the Jan 2022 quarter at 53.05, with a price of $158.63 and an EPS of $2.99. The Nov 2018 quarter recorded the bottom point at 21.53, with a price of $87.18 and an EPS of $4.05.
Maximum annual increase: 72.64% in 2017
Maximum annual decrease: -45.23% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 24.33 | -11.17% |
| 2022 | 27.39 | -44.74% |
| 2021 | 49.57 | 38.43% |
| 2020 | 35.81 | 20.49% |
| 2019 | 29.72 | 38.04% |
| 2018 | 21.53 | -45.23% |
| 2017 | 39.31 | 72.64% |
| 2016 | 22.77 | -15.54% |
| 2015 | 26.96 | 9.19% |
| 2014 | 24.69 | 8.86% |
The current PE ratio of ADI is greater than its 5 and 10-year historical averages, but it is below the 3-year average.
Compared to its peer stocks TXN and MCHP, ADI's PE ratio stands higher. Analog Devices's PE ratio is trading above the peer group average of 21.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 10.15 | $37.31B |
| MCHP Microchip Technology Inc | 21.57 | $50.58B |
| CRUS Cirrus Logic Inc | 26.99 | $4.77B |
| TXN Texas Instruments Inc | 27.43 | $161.59B |
| ADI Analog Devices Inc | 35.87 | $100.16B |
| SLAB Silicon Laboratories Inc | N/A | $3.9B |
| SMTC Semtech Corp | N/A | $2.31B |
The price to earnings ratio for ADI stock as of Apr 26, 2024, stands at 35.87.
The 3-year average PE ratio for ADI stock is 36.26.
The 5-year average PE ratio for ADI stock is 35.09.
The highest quarterly PE ratio in the last ten years has been 53.05 and it was in the Jan 2022 quarter.
ADI's current price to earnings ratio is 15% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Analog Devices's stock price is $201.97. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $5.63. Therefore, Analog Devices's P/E ratio for today is 35.87. PE RATIO(35.87) = STOCK PRICE($201.97) / TTM EPS($5.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.