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Adobe (CHIX:ADBD) PB Ratio : 17.72 (As of Dec. 11, 2024)


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What is Adobe PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-11), Adobe's share price is €525.30. Adobe's Book Value per Share for the quarter that ended in Aug. 2024 was €29.65. Hence, Adobe's PB Ratio of today is 17.72.

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

CHIX:ADBd' s PB Ratio Range Over the Past 10 Years
Min: 5.15   Med: 13.52   Max: 22.78
Current: 16.74

During the past 13 years, Adobe's highest PB Ratio was 22.78. The lowest was 5.15. And the median was 13.52.

CHIX:ADBd's PB Ratio is ranked worse than
93.35% of 2572 companies
in the Software industry
Industry Median: 2.89 vs CHIX:ADBd: 16.74

During the past 12 months, Adobe's average Book Value Per Share Growth Rate was -5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Adobe was 64.60% per year. The lowest was -4.00% per year. And the median was 13.00% per year.

Back to Basics: PB Ratio


Adobe PB Ratio Historical Data

The historical data trend for Adobe's PB 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 PB Ratio Chart

Adobe Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 16.67

Adobe Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
PB 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 15.05 16.67 16.14 13.27 17.45

Competitive Comparison of Adobe's PB Ratio

For the Software - Infrastructure subindustry, Adobe's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Software Industry

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

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



Adobe PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Adobe's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=525.30/29.646
=17.72

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Adobe  (CHIX:ADBd) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Adobe PB Ratio Related Terms

Thank you for viewing the detailed overview of Adobe's PB 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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