Adobe Price Earnings Ratio from 2010 to 2024

ADBE Stock  USD 447.17  9.78  2.24%   
Adobe Systems' Price Earnings Ratio is decreasing over the years with slightly volatile fluctuation. Overall, Price Earnings Ratio is expected to go to 47.51 this year. During the period from 2010 to 2024 Adobe Systems Price Earnings Ratio annual values regression line had geometric mean of  50.99 and mean square error of  5.47. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
41.47854496
Current Value
47.50611283
Quarterly Volatility
2.97137541
 
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Yuan Drop
 
Covid
Check Adobe Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adobe Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 746.2 M, Selling General Administrative of 1.6 B or Total Revenue of 22.6 B, as well as many indicators such as Price To Sales Ratio of 13.63, Dividend Yield of 0.0017 or PTB Ratio of 13.15. Adobe financial statements analysis is a perfect complement when working with Adobe Systems Valuation or Volatility modules.
  
Check out the analysis of Adobe Systems Correlation against competitors.

Latest Adobe Systems' Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Adobe Systems Incorporated over the last few years. It is Adobe Systems' Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adobe Systems' overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Adobe Price Earnings Ratio Regression Statistics

Arithmetic Mean51.08
Geometric Mean50.99
Coefficient Of Variation5.82
Mean Deviation1.76
Median51.57
Standard Deviation2.97
Sample Variance8.83
Range12.4476
R-Value(0.65)
Mean Square Error5.47
R-Squared0.42
Significance0.01
Slope(0.43)
Total Sum of Squares123.61

Adobe Price Earnings Ratio History

2024 47.51
2023 41.48
2017 51.57
2011 52.31
2010 53.93

About Adobe Systems Financial Statements

Adobe Systems stakeholders use historical fundamental indicators, such as Adobe Systems' Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Adobe Systems investors may analyze each financial statement separately, they are all interrelated. For example, changes in Adobe Systems' assets and liabilities are reflected in the revenues and expenses on Adobe Systems' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Adobe Systems Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 41.48  47.51 

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When determining whether Adobe Systems is a strong investment it is important to analyze Adobe Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adobe Systems. If investors know Adobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.233
Earnings Share
12.37
Revenue Per Share
46.482
Quarterly Revenue Growth
0.106
Return On Assets
0.1597
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.