Adobe
ADBE
#52
Rank
$215.98 B
Marketcap
$482.10
Share price
0.05%
Change (1 day)
29.58%
Change (1 year)

Adobe Inc. is an American software company registered in the state of Delaware. It was founded in 1982 by John Warnock and Charles Geschke, the inventors of the PostScript page description language.

P/E ratio for Adobe (ADBE)

P/E ratio as of May 2024 (TTM): 43.2

According to Adobe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.2152. At the end of 2022 the company had a P/E ratio of 33.2.

P/E ratio history for Adobe from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202233.2-40.83%
202156.122.81%
202045.7-15.86%
201954.326.81%
201842.8-15.89%
201750.916.28%
201643.8-40.77%
201574.0-48.11%
201414335.69%
2013105368.39%
201222.432.49%
201116.9-18.6%
201020.8-57.59%
200949.0273.16%
200813.1-61.86%
200734.5-27.93%
200647.859.12%
200530.0-9.48%
200433.2-3.16%
200334.311.97%
200230.6-15.2%
200136.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.0-14.34%๐Ÿ‡บ๐Ÿ‡ธ USA
29.8-31.10%๐Ÿ‡บ๐Ÿ‡ธ USA
35.9-16.89%๐Ÿ‡บ๐Ÿ‡ธ USA
36.6-15.29%๐Ÿ‡ฉ๐Ÿ‡ช Germany
22.8-47.32%๐Ÿ‡บ๐Ÿ‡ธ USA
54.1 25.24%๐Ÿ‡บ๐Ÿ‡ธ USA
78.6 81.80%๐Ÿ‡บ๐Ÿ‡ธ USA
176 307.84%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ 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.