Price to Earnings (P/E)
since 2005
Calculation
Adobe Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 17, 2024 | 49.64 | = | 596.10 | ÷ | 12.01 | 12.01 | = | 5,428 | ÷ | 452,000,000 | |
| Jan 17, 2023 | 33.15 | = | 344.38 | ÷ | 10.39 | 10.39 | = | 4,756 | ÷ | 457,800,000 | |
| Jan 21, 2022 | 48.90 | = | 499.91 | ÷ | 10.22 | 10.22 | = | 4,822 | ÷ | 471,700,000 | |
| Jan 15, 2021 | 41.69 | = | 458.08 | ÷ | 10.99 | 10.99 | = | 5,260 | ÷ | 478,700,000 | |
| Jan 21, 2020 | 57.17 | = | 350.00 | ÷ | 6.12 | 6.12 | = | 2,951 | ÷ | 482,130,975 | |
| Jan 25, 2019 | 46.11 | = | 244.95 | ÷ | 5.31 | 5.31 | = | 2,591 | ÷ | 487,725,915 | |
| Jan 22, 2018 | 57.41 | = | 197.84 | ÷ | 3.45 | 3.45 | = | 1,694 | ÷ | 491,578,529 | |
| Jan 20, 2017 | 46.80 | = | 110.71 | ÷ | 2.37 | 2.37 | = | 1,169 | ÷ | 494,078,475 | |
| Jan 19, 2016 | 70.59 | = | 89.18 | ÷ | 1.26 | 1.26 | = | 630 | ÷ | 498,330,407 | |
| Jan 20, 2015 | 132.73 | = | 71.49 | ÷ | 0.54 | 0.54 | = | 268 | ÷ | 498,314,061 | |
| Jan 21, 2014 | 104.21 | = | 60.85 | ÷ | 0.58 | 0.58 | = | 290 | ÷ | 496,604,463 | |
| Jan 22, 2013 | 22.73 | = | 37.95 | ÷ | 1.67 | 1.67 | = | 833 | ÷ | 498,790,943 | |
| Jan 26, 2012 | 18.49 | = | 31.18 | ÷ | 1.69 | 1.69 | = | 833 | ÷ | 493,802,690 | |
| Jan 27, 2011 | 22.05 | = | 33.85 | ÷ | 1.53 | 1.53 | = | 775 | ÷ | 504,728,145 | |
| Jan 22, 2010 | 46.62 | = | 34.38 | ÷ | 0.74 | 0.74 | = | 387 | ÷ | 524,119,635 | |
| Jan 23, 2009 | 11.84 | = | 19.70 | ÷ | 1.66 | 1.66 | = | 872 | ÷ | 524,035,626 | |
| Jan 24, 2008 | 27.23 | = | 34.64 | ÷ | 1.27 | 1.27 | = | 724 | ÷ | 568,955,874 | |
| Feb 5, 2007 | 44.72 | = | 38.44 | ÷ | 0.86 | 0.86 | = | 506 | ÷ | 588,456,485 | |
| Feb 8, 2006 | 38.61 | = | 38.80 | ÷ | 1.01 | 1.01 | = | 603 | ÷ | 599,810,699 |
Based on: 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Adobe Inc. Annual Report.
Comparison to Competitors
Adobe Inc., P/E, long-term trends, comparison to competitors
| Adobe Inc. | Accenture PLC | Autodesk Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 17, 2024 | 49.64 | 27.81 | 51.99 | 78.64 | — | 22.50 | 64.61 | 33.96 | 38.96 | 170.35 | 879.57 | 90.80 | 70.08 |
| Jan 17, 2023 | 33.15 | 22.93 | 82.51 | 59.70 | — | 71.56 | 57.31 | 28.34 | 26.85 | — | 135.68 | 284.28 | 51.76 |
| Jan 21, 2022 | 48.90 | 36.58 | 47.53 | 53.88 | — | 19.40 | 75.17 | 35.14 | 15.84 | — | 48.20 | 487.70 | 73.37 |
| Jan 15, 2021 | 41.69 | 28.32 | 152.72 | 62.89 | — | 19.30 | 49.52 | 35.04 | 16.69 | — | 1,204.70 | 978.47 | 55.92 |
| Jan 21, 2020 | 57.17 | 24.58 | — | 20.22 | — | 13.35 | 48.17 | 26.86 | 16.89 | — | 107.70 | 106.89 | 39.55 |
| Jan 25, 2019 | 46.11 | 24.10 | — | 46.59 | — | 14.25 | 46.88 | 50.00 | 45.90 | — | 731.11 | — | 29.60 |
| Jan 22, 2018 | 57.41 | 26.18 | — | 55.67 | — | 25.07 | 37.26 | 26.25 | 22.49 | — | 324.94 | — | 95.81 |
| Jan 20, 2017 | 46.80 | 18.07 | — | 40.53 | — | 14.29 | 29.60 | 26.08 | 18.53 | — | — | — | 33.71 |
| Jan 19, 2016 | 70.59 | 22.75 | 171.18 | 25.14 | — | 9.65 | 63.89 | 30.63 | 17.92 | — | — | — | 30.45 |
| Jan 20, 2015 | 132.73 | 17.46 | 52.22 | 34.03 | — | 13.55 | 26.44 | 16.11 | 16.33 | — | — | — | 25.00 |
| Jan 21, 2014 | 104.21 | 15.20 | 36.21 | 26.30 | — | 11.58 | 21.73 | 12.14 | 12.78 | — | — | — | 24.68 |
| Jan 22, 2013 | 22.73 | 17.95 | 31.93 | 9.11 | — | 13.37 | 22.37 | 14.40 | 13.61 | 6,057.94 | — | — | 26.53 |
| Jan 26, 2012 | 18.49 | 17.60 | 42.36 | 44.80 | — | 14.47 | 22.53 | 10.03 | 19.17 | — | 251.73 | — | 17.51 |
| Jan 27, 2011 | 22.05 | 17.62 | 115.08 | 20.39 | — | 13.32 | 24.82 | 11.91 | 17.66 | — | 118.88 | — | 17.09 |
| Jan 22, 2010 | 46.62 | 17.45 | 16.51 | — | — | 12.24 | 20.01 | 14.56 | 19.25 | — | 87.39 | — | 18.86 |
| Jan 23, 2009 | 11.84 | 13.74 | 20.54 | — | — | 9.40 | 20.68 | 13.28 | 19.44 | — | 388.13 | — | 13.55 |
| Jan 24, 2008 | 27.23 | 24.38 | 35.99 | 10.43 | — | 15.20 | 21.92 | 74.58 | 23.58 | — | 10,271.10 | — | 29.39 |
| Feb 5, 2007 | 44.72 | 26.95 | 26.63 | 41.15 | — | 14.90 | 27.35 | 63.21 | 23.43 | — | 151.60 | — | 156.86 |
| Feb 8, 2006 | 38.61 | 24.06 | 30.63 | 103.88 | — | 15.85 | 21.02 | 70.27 | 23.70 | — | 207.38 | — | — |
Based on: 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Sector (Software & Services)
Adobe Inc., P/E, long-term trends, comparison to sector (software & services)
| Adobe Inc. | Software & Services | |
|---|---|---|
| Jan 17, 2024 | 49.64 | 39.01 |
| Jan 17, 2023 | 33.15 | 33.75 |
| Jan 21, 2022 | 48.90 | 36.39 |
| Jan 15, 2021 | 41.69 | 36.61 |
| Jan 21, 2020 | 57.17 | 27.87 |
| Jan 25, 2019 | 46.11 | 43.57 |
| Jan 22, 2018 | 57.41 | 30.42 |
| Jan 20, 2017 | 46.80 | 23.95 |
| Jan 19, 2016 | 70.59 | 23.14 |
| Jan 20, 2015 | 132.73 | 18.11 |
| Jan 21, 2014 | 104.21 | 13.97 |
| Jan 22, 2013 | 22.73 | 15.07 |
| Jan 26, 2012 | 18.49 | 14.03 |
| Jan 27, 2011 | 22.05 | 14.18 |
| Jan 22, 2010 | 46.62 | 15.18 |
| Jan 23, 2009 | 11.84 | 13.94 |
| Jan 24, 2008 | 27.23 | 43.60 |
| Feb 5, 2007 | 44.72 | 39.44 |
| Feb 8, 2006 | 38.61 | 44.56 |
Based on: 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Industry (Information Technology)
Adobe Inc., P/E, long-term trends, comparison to industry (information technology)
| Adobe Inc. | Information Technology | |
|---|---|---|
| Jan 17, 2024 | 49.64 | 35.72 |
| Jan 17, 2023 | 33.15 | 27.05 |
| Jan 21, 2022 | 48.90 | 29.31 |
| Jan 15, 2021 | 41.69 | 31.09 |
| Jan 21, 2020 | 57.17 | 22.67 |
| Jan 25, 2019 | 46.11 | 23.23 |
| Jan 22, 2018 | 57.41 | 23.57 |
| Jan 20, 2017 | 46.80 | 19.57 |
| Jan 19, 2016 | 70.59 | 16.46 |
| Jan 20, 2015 | 132.73 | 17.02 |
| Jan 21, 2014 | 104.21 | 14.09 |
| Jan 22, 2013 | 22.73 | 14.45 |
| Jan 26, 2012 | 18.49 | 13.82 |
| Jan 27, 2011 | 22.05 | 15.09 |
| Jan 22, 2010 | 46.62 | 21.36 |
| Jan 23, 2009 | 11.84 | 15.77 |
| Jan 24, 2008 | 27.23 | 36.48 |
| Feb 5, 2007 | 44.72 | 31.99 |
| Feb 8, 2006 | 38.61 | 33.65 |
Based on: 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).