The PE ratio for Analog Devices stock stands at 23.81 as of Sep 28, 2023. This is based on the current EPS of $7.41 and the stock price of $176.41 per share. A decrease of 9% has been seen 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 Analog Devices has been 30.79. The current 23.81 PE ratio is 23% below 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 |
|---|---|---|
| 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% |
| 2013 | 22.68 | 24.14% |
The current PE ratio of ADI is below the 3, 5 and 10-year averages.
Compared to its peers CRUS and SLAB, ADI's PE ratio stands lower, however it is higher than TXN's and MCHP's. Analog Devices's PE ratio is trading below the peer group average of 29.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MCHP Microchip Technology Inc | 17.77 | $42.37B |
| TXN Texas Instruments Inc | 18.85 | $144.1B |
| ADI Analog Devices Inc | 23.63 | $87.24B |
| CRUS Cirrus Logic Inc | 26.78 | $4.04B |
| SLAB Silicon Laboratories Inc | 53.05 | $3.68B |
| SMTC Semtech Corp | N/A | $1.67B |
The price to earnings ratio for ADI stock as of Sep 28, 2023, stands at 23.81.
The 3-year average PE ratio for ADI stock is 37.59.
The 5-year average PE ratio for ADI stock is 34.44.
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 23% below 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 (Sep 28, 2023), Analog Devices's stock price is $176.41. The earnings per share for the trailing twelve months (TTM) ending Jul 2023 is $7.41. Therefore, Analog Devices's P/E ratio for today is 23.81. PE RATIO(23.81) = STOCK PRICE($176.41) / TTM EPS($7.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.