Analog Devices Inc. is a semiconductor manufacturer headquartered in Norwood near Boston, Massachusetts. The company has offices worldwide and it's production sites are located in Wilmington (USA), Cavite (Philippines) and Limerick (Ireland).
P/E ratio for Analog Devices (ADI)
P/E ratio as of March 2023 (TTM): 28.0
According to Analog Devices's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.0195. At the end of 2021 the company had a P/E ratio of 47.1.
P/E ratio history for Analog Devices from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 47.1 | 5.58% |
| 2020 | 44.6 | 38.21% |
| 2019 | 32.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Texas Instruments TXN | 18.5 | -33.83% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 Microchip Technology MCHP | 21.9 | -21.81% | 🇺🇸 USA |
 Silicon Labs
SLAB | 67.1 | 139.35% | 🇺🇸 USA |
 Semtech SMTC | 13.5 | -51.90% | 🇺🇸 USA |
 Cirrus Logic
CRUS | 17.9 | -35.95% | 🇺🇸 USA |
 STMicroelectronics STM | 12.8 | -54.31% | 🇨🇭 Switzerland |
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.