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Adobe (XBUL:ADB) Shiller PE Ratio : (As of Dec. 13, 2024)


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What is Adobe Shiller PE Ratio?

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.

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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 -

Adobe Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 87.62 78.12 58.64 72.10 -

Competitive Comparison of Adobe's Shiller PE Ratio

For the Software - Infrastructure 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.



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 E10 for the quarter that ended in Nov. 2024 is calculated as:

For example, Adobe's adjusted earnings per share data for the three months ended in Nov. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=7.083/133.1820*133.1820
=7.083

Current CPI (Nov. 2024) = 133.1820.

Adobe Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201502 0.318 99.032 0.428
201505 0.542 100.333 0.719
201508 0.635 100.548 0.841
201511 0.822 100.135 1.093
201602 0.934 100.040 1.243
201605 0.897 101.355 1.179
201608 1.009 101.617 1.322
201611 1.495 101.829 1.955
201702 1.495 102.779 1.937
201705 1.402 103.256 1.808
201708 1.570 103.587 2.019
201711 1.869 104.072 2.392
201802 2.187 105.052 2.773
201805 2.486 106.148 3.119
201808 2.504 106.383 3.135
201811 2.561 106.338 3.208
201902 2.542 106.649 3.174
201905 2.411 108.048 2.972
201908 3.009 108.245 3.702
201911 3.252 108.519 3.991
202002 3.663 109.139 4.470
202005 4.243 108.175 5.224
202008 3.682 109.662 4.472
202011 8.672 109.793 10.519
202102 4.878 110.968 5.854
202105 4.336 113.576 5.084
202108 4.710 115.421 5.435
202111 4.803 117.269 5.455
202202 4.972 119.703 5.532
202205 4.654 123.323 5.026
202208 4.523 124.958 4.821
202211 4.729 125.607 5.014
202302 5.065 126.928 5.315
202305 5.271 128.314 5.471
202308 5.700 129.538 5.860
202311 6.037 129.548 6.206
202402 2.542 130.930 2.586
202405 6.523 132.509 6.556
202408 7.027 132.816 7.046
202411 7.083 133.182 7.083

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  (XBUL:ADB) 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

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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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