Analog DevicesADI -3.04%95 PE Ratio (TTM) is 56.04 as of Jul. 05, 2026, which is 51% above its 10-year median of 37.22. GuruFocus rates ADI with a GF Score™ of 95/100 and a GF Value™ of $304.66 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 653 Semiconductors companies, Analog Devices ranks worse than 53.6% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-05), Analog Devices's share price is
$377.16.
Analog Devices's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $6.73. Therefore, Analog Devices's PE Ratio (TTM) for today is 56.04.
The historical rank and industry rank for Analog Devices's PE Ratio (TTM) or its related term are showing as below:
ADI'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 19.23 Med: 37.22 Max: 76.09
Current: 56.04
During the past 13 years, the highest PE Ratio (TTM) of Analog Devices was 76.09. The lowest was 19.23. And the median was 37.22.
ADI's PE Ratio (TTM) is ranked worse than 53.6% of 653
companies
in the Semiconductors industry
Industry Median: 51.14
vs ADI: 56.04
During the past 12 months, Analog Devices's average EPS without NRIGrowth Rate was 65.40% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -6.60% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 6.90% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 15.50% per year.
During the past 13 years, Analog Devices's highest 3-Year average EPS without NRI Growth Rate was 138.90% per year. The lowest was -49.40% per year. And the median was 14.70% per year.
Analog Devices's EPS (Basic) for the
three
months ended in Apr. 2026 was $2.41.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was $6.76.
Analog Devices (NAS:ADI) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Analog Devices PE Ratio (TTM) Related Terms
Analog Devices PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Analog Devices's PE Ratio (TTM) 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.
For the Semiconductors subindustry, Analog Devices's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Analog Devices PE Ratio (TTM) vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Analog Devices's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Analog Devices's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Analog Devices's PE Ratio (TTM) for today is calculated as
Analog Devices's Share Price of today is $377.16.
Analog Devices's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.73.
* 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:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Analog Devices (ADI) has a PE Ratio (TTM) of 56.04 as of Jul. 05, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Analog Devices and its competitors. This is 51% above median its historical median of 37.22. Over the past decade, Analog Devices' PE Ratio (TTM) has ranged from 19.23 to 76.09. According to the industry distribution chart, Analog Devices ranks #350 out of 653 companies in the Semiconductors industry, placing it in the top 53.6%.
Is Analog Devices' PE Ratio (TTM) too high?
Analog Devices' current PE Ratio (TTM) of 56.04 is 51% above median its 10-year median of 37.22. Over the past 10 years, this metric has ranged from a low of 19.23 to a high of 76.09. The Semiconductors industry median PE Ratio (TTM) is 51.14. Analog Devices' value of 56.04 is 9.6% above this industry median. Based on the distribution chart, Analog Devices ranks #350 out of 653 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Analog Devices has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Analog Devices' PE Ratio (TTM) compare to QCOM and MRVL?
According to the Semiconductors industry distribution chart, Analog Devices ranks #350 out of 653 companies for PE Ratio (TTM). This places Analog Devices in the lower half of its industry. The industry median PE Ratio (TTM) is 51.14. Analog Devices' value of 56.04 is 9.6% above this benchmark. Historically, Analog Devices' own PE Ratio (TTM) has ranged from 19.23 to 76.09 over the past decade. While the company's 10-year median is 37.22 vs. the industry median of 51.14, Analog Devices has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Semiconductors company?
The median PE Ratio (TTM) among Semiconductors companies is 51.14, based on 653 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Analog Devices's current PE Ratio (TTM) of 56.04 is 9.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Analog Devices and its competitors. For the Semiconductors industry, the median PE Ratio (TTM) is 51.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analog Devices's current PE Ratio (TTM) is 56.04, which is 51% above median its own 10-year median of 37.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analog Devices stock overvalued right now?
Based on GuruFocus' analysis, Analog Devices (ADI) is currently considered Modestly Overvalued. The stock's GF Value™ is $304.66, compared to a current price of $377.16 — trading 23.8% above its estimated fair value. The current PE Ratio (TTM) is 56.04, which is 51% above median its 10-year median of 37.22 and 9.6% above the Semiconductors industry median of 51.14. Analog Devices' overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Analog Devices (ADI), the current PE Ratio (TTM) is 56.04 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Analog Devices (ADI) Overvalued in 2026?
Based on GuruFocus' analysis, Analog Devices stock appears to be overvalued.
The current stock price of $377.16 is trading 23.8% above its estimated GF Value™ of $304.66.
GuruFocus considers Analog Devices to be Modestly Overvalued.
Key valuation signals for ADI:
PE Ratio (TTM): 56.04 (51% above median its 10-year median of 37.22)
GF Value™: $304.66 vs. price of $377.16 (23.8% above fair value)
Industry Position: 9.6% above the Semiconductors median (#350 of 653)
No single metric tells the full story. See the ADI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
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