Adobe Inc.

ADBE Technology Software Application

Adobe Inc.’s revenue for fiscal 2025 (year ended November 2025) was $23.8 billion, up 10.5% from fiscal 2024. In the quarter to August 2026, revenue grew 12.9%, EPS grew 10.8%, free cash flow grew 14.7% and total debt rose 2.63%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years; insiders bought in the last twelve months.

245.20 6.47 −2.57%
Market cap
$98.0B
P/E
13.7×
Fwd P/E
13.8×
Dividend yield
—
F-score
7/9
Altman Z
8.51
Beneish M
−2.85
Dividend safety
n/a

Adobe Inc. (ADBE) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Adobe Inc. (ADBE) trades at a P/B ratio of 8.2×. Over the past ten years it has ranged from 5.1× (January 2015) to 23.4× (August 2020); the current reading is higher than 20% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 11.8× (27.67%)
FY2024 16.4× (3.23%)
FY2023 16.9× 46.52%
FY2022 11.5× (46.57%)
FY2021 21.6× 24.45%
FY2020 17.4× 24.17%
FY2019 14.0× 6.19%
FY2018 13.2× 24.26%
FY2017 10.6× 53.45%
FY2016 6.9× 5.91%

Quarterly newest first

Period P/B ratio Change
Aug 2026 9.8× 2.79%
May 2026 9.6× 2.23%
Feb 2026 9.4× (20.94%)
Nov 2025 11.8× (4.74%)
43 more quarters

Against its own ten years

Low 5.1× High 23.4×
Ten-year median 13.2×
Current reading's percentile 13

P/B ratio against peers

Company P/B ratio
MSTR Strategy Inc compare 1.6×
INTU Intuit Inc. compare 4.7×
UBER Uber Technologies, Inc. compare 5.1×
ADBE Adobe Inc. 8.2×
NOW ServiceNow, Inc. compare 11.7×
CDNS Cadence Design Systems, Inc. compare 12.8×
ADP Automatic Data Processing, Inc. compare 19.3×
DDOG Datadog, Inc. compare 20.2×
SNOW Snowflake Inc. compare 49.7×
Software Application industry median 2.6×
Technology sector median 2.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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