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Analog Devices PE Ratio

: 41.89 (As of Today)
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The PE Ratio, 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 (2022-01-27), Analog Devices's share price is $154.59. Analog Devices's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 was $3.69. Therefore, Analog Devices's PE Ratio for today is 41.89.


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

NAS:ADI' s PE Ratio Range Over the Past 10 Years
Min: 10.44   Med: 26.47   Max: 51.17
Current: 41.9

10.44
51.17

During the past 13 years, the highest PE Ratio of Analog Devices was 51.17. The lowest was 10.44. And the median was 26.47.


NAS:ADI's PE Ratio is ranked lower than
71% of the 652 Companies
in the Semiconductors industry.

( Industry Median: 23.79 vs. NAS:ADI: 41.90 )

Analog Devices's Earnings per Share (Diluted) for the three months ended in Oct. 2021 was $0.16. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 was $3.69.

As of today (2022-01-27), Analog Devices's share price is $154.59. Analog Devices's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2021 was $3.69. Therefore, Analog Devices's PE Ratio without NRI for today is 41.89.

During the past 13 years, Analog Devices's highest PE Ratio without NRI was 51.17. The lowest was 10.44. And the median was 26.47.

Analog Devices's EPS without NRI for the three months ended in Oct. 2021 was $0.16. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2021 was $3.69.

During the past 12 months, Analog Devices's average EPS without NRI Growth Rate was 5.50% per year. During the past 3 years, the average EPS without NRI Growth Rate was -4.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was 6.20% per year. During the past 10 years, the average EPS without NRI Growth Rate was 5.50% per year.

During the past 13 years, Analog Devices's highest 3-Year average EPS without NRI Growth Rate was 100.00% per year. The lowest was -38.70% per year. And the median was 8.90% per year.

Analog Devices's EPS (Basic) for the three months ended in Oct. 2021 was $0.16. Its EPS (Basic) for the trailing twelve months (TTM) ended in Oct. 2021 was $3.73.


Analog Devices PE Ratio Historical Data

The historical data trend for Analog Devices's 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.

Analog Devices Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.87 20.93 29.21 36.14 50.14

Analog Devices Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 36.14 39.08 36.55 36.63 50.14

Competitive Comparison

For the Semiconductors subindustry, Analog Devices's PE Ratio, along with its competitors' market caps and 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.

   

Analog Devices PE Ratio Distribution

For the Semiconductors industry and Technology sector, Analog Devices's PE Ratio distribution charts can be found below:

* The bar in red indicates where Analog Devices's PE Ratio falls into.



Analog Devices PE Ratio Calculation

The PE Ratio, 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 for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=154.59/3.690
=41.89

Analog Devices's Share Price of today is $154.59.
Analog Devices's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.69.

* 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 Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, 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  (NAS:ADI) PE Ratio Explanation

The PE Ratio 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 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 is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio 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 divided by the growth ratio. He thinks a company with a PE Ratio 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 of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio 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.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio 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 Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio 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.


Analog Devices PE Ratio Related Terms

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


Analog Devices Business Description

Analog Devices logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Address
One Analog Way, Wilmington, MA, USA, 01887
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, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
Executives
Mahendra-rajah Prashanth officer: SVP, Finance & CFO C/O WABCO HOLDINGS INC. ONE CENTENNIAL AVENUE PISCATAWAY NJ 08855
Pietkiewicz Steve officer: SVP, Power Products 1630 MCCARTHY BLVD. MILPITAS CA 95035
Henderson Gregory N. officer: SVP, Atmtve, Comm, ArSpc & Def C/O HITTITE MICROWAVE CORPORATION 2 ELIZABETH DRIVE CHELMSFORD MA 01824
Cotter Martin officer: SVP, WW Sales & Dig MKTG ONE TECHNOLOGY WAY NORWOOD MA 02062
Hassett Joseph officer: SVP, Industrial and Consumer ONE TECHNOLOGY WAY NORWOOD MA 02062
Glimcher Laurie H M.d. director WEILL CORNELL MED COLLEGE, CORNELL UNIV 1300 YORK AVENUE, F-113 NEW YORK NY 10065
Roche Vincent director, officer: President & CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: ROCHE VINCENT a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Evans Bruce R director C/O SUMMIT PARTNERS 222 BERKELEY STREET, 18TH FLOOR BOSTON MA 02116
Wee Susie director 1008 PARADISE WAY PALO ALTO CA 94306
Champy James director C/O PEROT SYSTEMS CORP 2300 WEST PLANO PKWY PLANO TX 75075
Frank Edward H. director C/O FUSION-IO, INC. 2855 E. COTTONWOOD PARKWAY, SUITE 100 SALT LAKE CITY UT 84121
Sondel Michael officer: CAO (principal acct. officer) ONE TECHNOLOGY WAY NORWOOD MA 02062
Sicchitano Kenton J director ONE TECHNOLOGY WAY C/O ANALOG DEVICES, INC. NORWOOD MA 02062
Chandrakasan Anantha P. director ONE TECHNOLOGY WAY NORWOOD MA 02062
Golz Karen director ONE TECHNOLOGY WAY NORWOOD MA 02062

Analog Devices Headlines

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