Question 1

What is Analog Devices's P/S ratio?

Accepted Answer

Analog Devices (ADI) P/S ratio is 14.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue 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/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

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

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Analog Devices specifically, the relevant sector benchmark is the current sector median of 5.8×.

Question 5

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

Accepted Answer

Analog Devices's P/S ratio of 14.9× is above its own 5-year average of 9.6× and above the sector median of 5.8×. That places the current reading at the 95th 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/S ratio range?

Accepted Answer

In the available daily series, Analog Devices (ADI) P/S ratio has ranged from a low of 2.4× in 2009 to a high of 18.1× in 2026. The 5-year average is 9.6× and the 5-year median is 9.7×.

Question 7

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

Accepted Answer

Analog Devices (ADI) P/S ratio at the end of 2025 was 10.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). 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	$11B	10.4×	-1.4×	Nov 1, 2025
2024	$112B	$9.43B	11.9×	+5.4×	Nov 2, 2024
2023	$79.8B	$12.3B	6.5×	+0.3×	Oct 28, 2023
2022	$74.2B	$12B	6.2×	-5.3×	Oct 29, 2022
2021	$83.9B	$7.32B	11.5×	+3.6×	Oct 30, 2021
2020	$43.8B	$5.6B	7.8×	+1.1×	Oct 31, 2020
2019	$40.4B	$5.99B	6.7×	—	Nov 2, 2019
2018	—	$6.22B	—	—	Oct 31, 2018
2017	—	$5.13B	—	—	Oct 31, 2017
2015	$18.7B	$3.44B	5.4×	—	Oct 31, 2015
2014	—	$2.86B	—	—	Oct 31, 2014
2013	—	$2.63B	—	—	Oct 31, 2013
2012	—	$2.7B	—	—	Oct 31, 2012
2011	—	$2.99B	—	—	Oct 31, 2011
2010	$10.1B	$2.76B	3.6×	-0.1×	Oct 30, 2010
2009	$7.58B	$2.01B	3.8×	+1.4×	Oct 31, 2009
2008	$6.22B	$2.58B	2.4×	-1.7×	Nov 1, 2008
2007	$9.84B	$2.41B	4.1×	-0.0×	Nov 3, 2007
2006	$10.5B	$2.57B	4.1×	-1.2×	Oct 28, 2006
2005	$12.7B	$2.39B	5.3×	-0.4×	Oct 29, 2005
2004	$15.1B	$2.63B	5.7×	—	Oct 30, 2004
2003	—	$2.05B	—	—	Oct 31, 2003
2002	—	$1.71B	—	—	Oct 31, 2002


GoDaddy (GDDY)	2.2×
Fidelity National Information Services (FIS)	2.1×
Skyworks Solutions (SWKS)	2.1×
Qorvo (QRVO)	1.9×
Zebra Technologies (ZBRA)	1.8×
Gartner (IT)	1.7×
Accenture (ACN)	1.6×
Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Fiserv (FISV)	1.4×
Cognizant (CTSH)	1.4×
EPAM Systems (EPAM)	1.3×
Optical Cable (OCC)	1.2×
Leidos Holdings (LDOS)	1.2×
Jabil (JBL)	1.1×
Dell Technologies (DELL)	1.0×
Sunrun (RUN)	1.0×
Hewlett Packard Enterprise (HPE)	1.0×
Flex (FLEX)	0.9×
Lyft (LYFT)	0.8×
CDW (CDW)	0.7×
Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×
IBM (IBM)	0.0×

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

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

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

About P/S Ratio at Analog Devices (ADI)

Analog Devices P/S Ratio by Year

Analog Devices P/S Ratio 2025: 10.4×

Analog Devices P/S Ratio 2024: 11.9×

Analog Devices P/S Ratio 2023: 6.5×

Analog Devices P/S Ratio 2022: 6.2×

Analog Devices P/S Ratio 2021: 11.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Analog Devices (ADI) Key Financials