P/E ratio for Adobe (ADBE)

P/E ratio history for Adobe from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Oracle ORCL	54.6	14.43%	🇺🇸 USA
Autodesk ADSK	76.9	61.10%	🇺🇸 USA
Intuit INTU	83.1	73.98%	🇺🇸 USA
Microsoft MSFT	36.7	-23.18%	🇺🇸 USA
Nuance Communications NUAN	N/A	N/A	🇺🇸 USA
Salesforce CRM	212	344.43%	🇺🇸 USA
SAP SAP	43.2	-9.46%	🇩🇪 Germany
IBM IBM	27.7	-42.04%	🇺🇸 USA
Apple AAPL	34.2	-28.47%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.