Question 1

What is Analog Devices's P/B ratio?

Accepted Answer

Analog Devices (ADI) P/B ratio is 5.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Analog Devices?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Analog Devices specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is Analog Devices's P/B ratio high or low?

Accepted Answer

Analog Devices's P/B ratio of 5.8× is above its own 5-year average of 2.9× and below the sector median of 6.0×. That places the current reading at the 98th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Analog Devices's historical P/B ratio range?

Accepted Answer

In the available daily series, Analog Devices (ADI) P/B ratio has ranged from a low of 1.9× in 2022 to a high of 6.4× in 2026. The 5-year average is 2.9× and the 5-year median is 2.8×.

Question 7

What was Analog Devices's P/B ratio in 2025?

Accepted Answer

Analog Devices (ADI) P/B ratio at the end of 2025 was 3.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Analog Devices's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$114.92B	$33.82B	3.4×	+0.2×	Nov 1, 2025
2024	$111.88B	$35.18B	3.2×	—	Nov 2, 2024
2023	—	—	—	—	Oct 31, 2023
2022	$74.21B	$36.47B	2.0×	-0.2×	Oct 29, 2022
2021	$83.86B	$37.99B	2.2×	-1.4×	Oct 30, 2021
2020	$43.77B	$12.00B	3.6×	+0.2×	Oct 31, 2020
2019	$40.36B	$11.71B	3.4×	—	Nov 2, 2019
2018	—	—	—	—	Oct 31, 2018
2017	—	—	—	—	Oct 31, 2017
2015	$18.71B	$5.07B	3.7×	—	Oct 31, 2015
2014	—	—	—	—	Oct 31, 2014
2013	—	—	—	—	Oct 31, 2013
2012	—	—	—	—	Oct 31, 2012
2011	—	—	—	—	Oct 31, 2011
2010	$10.07B	$3.20B	3.1×	+0.2×	Oct 30, 2010
2009	$7.58B	$2.53B	3.0×	+0.4×	Oct 31, 2009
2008	$6.22B	$2.42B	2.6×	-1.6×	Nov 1, 2008
2007	$9.84B	$2.34B	4.2×	+1.1×	Nov 3, 2007
2006	$10.54B	$3.44B	3.1×	-0.4×	Oct 28, 2006
2005	$12.67B	$3.69B	3.4×	-0.5×	Oct 29, 2005
2004	$15.12B	$3.80B	4.0×	—	Oct 30, 2004
2003	—	—	—	—	Oct 31, 2003
2002	—	—	—	—	Oct 31, 2002


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P/B Ratio for Analog Devices (ADI)

P/B Ratio daily chart for Analog Devices (ADI)

Historical P/B Ratio for Analog Devices (ADI) from 2002 to 2025

About P/B Ratio at Analog Devices (ADI)

Analog Devices P/B Ratio by Year

Analog Devices P/B Ratio 2025: 3.4×

Analog Devices P/B Ratio 2024: 3.2×

Analog Devices P/B Ratio 2022: 2.0×

Analog Devices P/B Ratio 2021: 2.2×

Analog Devices P/B Ratio 2020: 3.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Analog Devices (ADI) Key Financials

P/B Ratio daily chart for Analog Devices (ADI)

Historical P/B Ratio for Analog Devices (ADI) from 2002 to 2025

About P/B Ratio at Analog Devices (ADI)

Analog Devices P/B Ratio by Year

Analog Devices P/B Ratio 2025: 3.4×

Analog Devices P/B Ratio 2024: 3.2×

Analog Devices P/B Ratio 2022: 2.0×

Analog Devices P/B Ratio 2021: 2.2×

Analog Devices P/B Ratio 2020: 3.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Analog Devices's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Analog Devices?

+Is Analog Devices's P/B ratio high or low?

+What is Analog Devices's historical P/B ratio range?

+What was Analog Devices's P/B ratio in 2025?

+Why does Analog Devices's P/B ratio change over time?

Analog Devices (ADI) Key Financials