Question 1

What is Analog Devices's P/E ratio?

Accepted Answer

Analog Devices (ADI) P/E ratio is 57.2× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

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

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Analog Devices specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

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

Accepted Answer

Analog Devices's P/E ratio of 57.2× is above its own 5-year average of 46.9× and above the sector median of 29.4×. That places the current reading at the 56th 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/E ratio range?

Accepted Answer

In the available daily series, Analog Devices (ADI) P/E ratio has ranged from a low of 7.9× in 2008 to a high of 122.3× in 2002. The 5-year average is 46.9× and the 5-year median is 49.9×.

Question 7

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

Accepted Answer

Analog Devices (ADI) P/E ratio at the end of 2025 was 50.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$115B	$2.27B	50.7×	-17.7×	Nov 1, 2025
2024	$112B	$1.64B	68.4×	+44.3×	Nov 2, 2024
2023	$79.8B	$3.31B	24.1×	-2.9×	Oct 28, 2023
2022	$74.2B	$2.75B	27.0×	-33.3×	Oct 29, 2022
2021	$83.9B	$1.39B	60.3×	+24.5×	Oct 30, 2021
2020	$43.8B	$1.22B	35.9×	+6.2×	Oct 31, 2020
2019	$40.4B	$1.36B	29.6×	—	Nov 2, 2019
2018	—	$1.51B	—	—	Oct 31, 2018
2017	—	$806M	—	—	Oct 31, 2017
2015	$18.7B	$697M	26.8×	—	Oct 31, 2015
2014	—	$629M	—	—	Oct 31, 2014
2013	—	$673M	—	—	Oct 31, 2013
2012	—	$651M	—	—	Oct 31, 2012
2011	—	$867M	—	—	Oct 31, 2011
2010	$10.1B	$712M	14.1×	-16.4×	Oct 30, 2010
2009	$7.58B	$248M	30.6×	+22.7×	Oct 31, 2009
2008	$6.22B	$786M	7.9×	-11.9×	Nov 1, 2008
2007	$9.84B	$497M	19.8×	+0.6×	Nov 3, 2007
2006	$10.5B	$549M	19.2×	-11.4×	Oct 28, 2006
2005	$12.7B	$415M	30.6×	+4.1×	Oct 29, 2005
2004	$15.1B	$571M	26.5×	—	Oct 30, 2004
2003	—	$298M	—	—	Oct 31, 2003
2002	—	$105M	—	—	Oct 31, 2002


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for Analog Devices (ADI) 2004-2026

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

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

About P/E Ratio at Analog Devices (ADI)

Analog Devices P/E Ratio by Year

Analog Devices P/E Ratio 2025: 50.7×

Analog Devices P/E Ratio 2024: 68.4×

Analog Devices P/E Ratio 2023: 24.1×

Analog Devices P/E Ratio 2022: 27.0×

Analog Devices P/E Ratio 2021: 60.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Analog Devices (ADI) Key Financials