ADI Analog Devices PE ratio, current and historical analysis
The PE ratio for Analog Devices stock stands at 64.06 as of Nov 21, 2024. This is based on the current EPS of $3.34 and the stock price of $213.96 per share. An increase of 53% has been seen in the P/E ratio compared to the average of 41.8 of the last 4 quarters.
ADI PE ratio history
Over the last ten years, the average PE ratio of Analog Devices has been 32.97. The current 64.06 PE ratio is 94% above the historical average. Over the past ten years, ADI's PE ratio was at its highest in the Aug 2024 quarter at 62.26, with a price of $207.96 and an EPS of $3.34. The Nov 2018 quarter recorded the bottom point at 21.53, with a price of $87.18 and an EPS of $4.05.
Analog Devices PE ratio by year
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% |
ADI average PE ratio chart
The current PE ratio of ADI is greater than its 3, 5 and 10-year historical averages.
ADI PE vs peers
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 27.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 9.66 | $22.12B |
| CRUS Cirrus Logic Inc | 16.76 | $5.45B |
| TXN Texas Instruments Inc | 36.57 | $180.8B |
| MCHP Microchip Technology Inc | 45.55 | $35.72B |
| ADI Analog Devices Inc | 64.06 | $106.23B |
| SLAB Silicon Laboratories Inc | N/A | $3.36B |
| SMTC Semtech Corp | N/A | $3.83B |
Frequently asked questions
What is Analog Devices's PE ratio?
The price to earnings ratio for ADI stock as of Nov 21, 2024, stands at 64.06.
What is the 3-year average PE ratio for Analog Devices (ADI)?
The 3-year average PE ratio for ADI stock is 38.34.
What is the 5-year average PE ratio for Analog Devices (ADI)?
The 5-year average PE ratio for ADI stock is 38.13.
What is the highest PE ratio for ADI?
The current P/E of 64.06 represents the highest historical value in the last ten years.
How does the current PE ratio for ADI compare to its historical average?
ADI's current price to earnings ratio is 94% above its 10-year historical average.
How is ADI's PE ratio calculated (Analog Devices PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Analog Devices's stock price is $213.96. The earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $3.34. Therefore, Analog Devices's P/E ratio for today is 64.06. PE RATIO(64.06) = STOCK PRICE($213.96) / TTM EPS($3.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.