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Adobe (BSP:ADBE34) Shiller PE Ratio : 38.90 (As of Jul. 24, 2025)


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What is Adobe Shiller PE Ratio?

As of today (2025-07-24), Adobe's current share price is R$41.23. Adobe's E10 for the quarter that ended in May. 2025 was R$1.06. Adobe's Shiller PE Ratio for today is 38.90.

The historical rank and industry rank for Adobe's Shiller PE Ratio or its related term are showing as below:

BSP:ADBE34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 39.37   Med: 90.17   Max: 178.7
Current: 40.34

During the past years, Adobe's highest Shiller PE Ratio was 178.70. The lowest was 39.37. And the median was 90.17.

BSP:ADBE34's Shiller PE Ratio is ranked worse than
55.96% of 881 companies
in the Software industry
Industry Median: 35.61 vs BSP:ADBE34: 40.34

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Adobe's adjusted earnings per share data for the three months ended in May. 2025 was R$0.447. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.06 for the trailing ten years ended in May. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adobe Shiller PE Ratio Historical Data

The historical data trend for Adobe's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adobe Shiller PE Ratio Chart

Adobe Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.39 147.41 60.72 87.62 61.83

Adobe Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.64 72.10 61.83 49.66 44.96

Competitive Comparison of Adobe's Shiller PE Ratio

For the Software - Application subindustry, Adobe's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adobe's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Adobe's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Adobe's Shiller PE Ratio falls into.


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Adobe Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Adobe's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.23/1.06
=38.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adobe's E10 for the quarter that ended in May. 2025 is calculated as:

For example, Adobe's adjusted earnings per share data for the three months ended in May. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2025 (Change)*Current CPI (May. 2025)
=0.447/135.3468*135.3468
=0.447

Current CPI (May. 2025) = 135.3468.

Adobe Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201508 0.024 100.548 0.032
201511 0.033 100.135 0.045
201602 0.040 100.040 0.054
201605 0.034 101.355 0.045
201608 0.035 101.617 0.047
201611 0.053 101.829 0.070
201702 0.050 102.779 0.066
201705 0.048 103.256 0.063
201708 0.053 103.587 0.069
201711 0.065 104.072 0.085
201802 0.076 105.052 0.098
201805 0.097 106.148 0.124
201808 0.105 106.383 0.134
201811 0.104 106.338 0.132
201902 0.101 106.649 0.128
201905 0.103 108.048 0.129
201908 0.130 108.245 0.163
201911 0.145 108.519 0.181
202002 0.170 109.139 0.211
202005 0.256 108.175 0.320
202008 0.215 109.662 0.265
202011 0.506 109.793 0.624
202102 0.283 110.968 0.345
202105 0.245 113.576 0.292
202108 0.265 115.421 0.311
202111 0.286 117.269 0.330
202202 0.277 119.703 0.313
202205 0.247 123.323 0.271
202208 0.249 124.958 0.270
202211 0.267 125.607 0.288
202302 0.281 126.928 0.300
202305 0.281 128.314 0.296
202308 0.299 129.538 0.312
202311 0.316 129.548 0.330
202402 0.135 130.930 0.140
202405 0.359 132.509 0.367
202408 0.417 132.816 0.425
202411 0.439 133.110 0.446
202502 0.477 134.624 0.480
202505 0.447 135.347 0.447

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Adobe  (BSP:ADBE34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Adobe Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Adobe's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Adobe Business Description

Address
345 Park Avenue, San Jose, CA, USA, 95110-2704
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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