Adobe forward PE ADBE

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 9.8×
9-year median: 30.4×
Against its 9-year history: 4th; percentile: 0 is its lowest day, 100 its highest
9-year range: 7.5× to 52.2×
Peer median: 30.0×

Adobe's forward PE is 9.8× as of Oct 23, 2026.

That is below its 9-year median of 30.4×, lower than on 96% of days in the last 9 years.

Over that time it ranged from 7.5× in Jun 2026 to 52.2× in Nov 2021.

The median for 10 application software stocks of a similar size is 30.0×.

Forward PE over time

median 30.4×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.8×	7.5×	13.9×
2025	14.7×	13.8×	22.4×
2024	21.7×	21.7×	35.3×
2023	33.2×	20.6×	35.5×
2022	21.6×	18.4×	38.6×
2021	42.0×	37.3×	52.2×
2020	42.3×	28.9×	48.4×
2019	34.4×	28.8×	35.5×
2018	29.3×	27.4×	37.8×
2017	26.8×	26.5×	28.2×
2016	29.2×	26.7×	32.0×
2015	32.7×	31.4×	43.9×
2014	41.5×	41.4×	70.8×
2013	61.4×	29.0×	62.8×
2012	28.2×	12.7×	28.8×
2011	12.5×	9.9×	15.9×
2010	13.9×	12.3×	20.4×
2009	20.4×	11.4×	23.6×
2008	14.4×	12.8×	25.7×
2007	24.8×	23.1×	27.7×

Against its peers

Companies in Software - Application nearest Adobe's size, closest first, today.

Company	Forward PE
ADBEAdobe	9.8×
DDOGDatadog	101×
SNOWSnowflake	128×
INTUIntuit	14.9×
ADPAutomatic Data Processing	24.8×
CDNSCadence Design Systems	36.9×
APPAppLovin	14.4×
UBERUber Technologies	17.3×
NOWServiceNow	35.1×
TEAMAtlassian	41.4×
MSTRStrategy	4.6×
Peer median	30.0×

Where Adobe ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Adobe

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.