ADI
Analog Devices
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: ADI
- PEG Ratio
Analog Devices currently trades with a PE to growth ratio of 0.73, based on Jun 23, 2026 data. Dividing the 60.25 PE ratio by the 82.7% earnings growth rate produces this figure. Relative to the 1.45 average from the past four quarters, the PEG ratio is down by 49%.
ADI PEG ratio history
Historically, Analog Devices has a PEG ratio averaging 1.26 across the last ten years. At 0.73, today's PEG ratio sits 42% less than its historical average. The ten years high came in the Oct 2021 quarter at 8.7, reflecting peak valuation relative to growth. The bottom was reached in the Jan 2023 quarter at 0.21, suggesting attractive value relative to growth during that period.
Analog Devices PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.3 | 51.01 | 39.1% |
| 2024 | N/A | 68.33 | -50% |
| 2023 | 0.98 | 24.33 | 24.8% |
| 2022 | 0.54 | 27.39 | 51.1% |
| 2021 | 8.7 | 49.57 | 5.7% |
| 2020 | N/A | 35.81 | -10.1% |
| 2019 | N/A | 29.72 | -9.1% |
| 2018 | 0.29 | 21.53 | 74.6% |
| 2017 | N/A | 39.31 | -16.8% |
| 2016 | 0.91 | 22.77 | 25.1% |
| 2015 | 2.47 | 26.96 | 10.9% |
| 2014 | N/A | 24.69 | -8.2% |
| 2013 | 45.36 | 22.68 | 0.5% |
| 2012 | N/A | 18.27 | -24.8% |
| 2011 | 0.61 | 13 | 21.3% |
Analog Devices PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| May 2026 | 0.71 | 58.83 | 82.7% |
| Jan 2026 | 0.76 | 56.52 | 74.1% |
| Nov 2025 | 1.3 | 51.01 | 39.1% |
| Aug 2025 | 3.01 | 55.99 | 18.6% |
| May 2025 | N/A | 53.67 | -14% |
| Feb 2025 | N/A | 67.05 | -43.9% |
| Nov 2024 | N/A | 68.33 | -50% |
| Aug 2024 | N/A | 62.26 | -54.9% |
| May 2024 | N/A | 46.43 | -39.5% |
| Feb 2024 | N/A | 34.12 | -15.6% |
| Oct 2023 | 0.98 | 24.33 | 24.8% |
| Jul 2023 | 0.23 | 26.78 | 116.7% |
| Apr 2023 | 0.22 | 25.3 | 112.9% |
| Jan 2023 | 0.21 | 25.61 | 123.1% |
| Oct 2022 | 0.54 | 27.39 | 51.1% |
ADI average PEG ratio chart
When comparing to historical data, ADI's PEG ratio is lower than the 3, 5 and 10-year averages.
PEG comparison
Analog Devices's PEG of 0.73 is higher than the industry average but lower than the Technology sector average. But when looking at the Technology sector average of 0.74, Analog Devices's PEG is only 1.4% lower.
ADI EPS growth
ADI Price vs fair value
ADI PEG vs peers
Relative to its peers, ADI's PEG ratio is lower than TXN's yet above MCHP's and CRUS's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| MCHP Microchip Technology Inc | 0.18 | $50.55B |
| CRUS Cirrus Logic Inc | 0.65 | $7.98B |
| ADI Analog Devices Inc | 0.73 | $198.37B |
| TXN Texas Instruments Inc | 5.03 | $277B |
| SLAB Silicon Laboratories Inc | N/A | $7.21B |
| STM ST Microelectronics | N/A | $64.38B |
| SMTC Semtech Corp | N/A | $15.21B |
Frequently asked questions
What is Analog Devices's PEG ratio?
Based on Jun 23, 2026 data, ADI has a PEG ratio of 0.73.
What is the 3-year average PEG ratio for Analog Devices (ADI)?
ADI has a 3-year average PEG ratio of 1.17.
What is the 5-year average PEG ratio for Analog Devices (ADI)?
ADI has a 5-year average PEG ratio of 1.58.
What is the highest PEG ratio for ADI?
ADI's PEG ratio topped out at 8.7 during the Oct 2021 quarter - the highest in ten years.
How does the current PEG ratio for ADI compare to its historical average?
Compared to the 10-year average, ADI's PEG ratio stands 42% lower.
How is ADI's PEG ratio calculated (Analog Devices PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jun 23, 2026, Analog Devices has a PE ratio of 60.25. Earnings grew at 82.7% over the TTM period ending May 2026. Applying the formula, this gives a PEG ratio of 0.73. PEG RATIO(0.73) = PE RATIO(60.25) / EPS GROWTH(82.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.