Friday 6 November 2026 Export ADBE’s income statement to Excel — free account

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.

Revenue: +12.9%
EPS: +10.8%
Free cash flow: +14.7%
Total debt: +2.63%

Quarter to August 2026, against a year earlier

243.07 3.37 −1.37%

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Market cap: $95.9B
P/E: 13.7×
Fwd P/E: 13.7×
Dividend yield: —
F-score: 7/9
Altman Z: 8.51
Beneish M: −2.85
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Adobe Inc. (ADBE) P/B ratio

Alert me on P/B ratio

As of 5 November 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 2.5×.

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<iframe src="https://stockrow.com/embed/ADBE/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Adobe Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ADBE/metrics/pb-ratio">Adobe Inc. (ADBE) P/B ratio — stockrow.com</a></p>

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%

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	Free account

Against its own ten years

Low 5.1× High 23.4×

Ten-year median 13.1×

Current reading's percentile 13

Company	P/B ratio
MSTR Strategy Inc compare	0.9×
UBER Uber Technologies, Inc. compare	4.9×
INTU Intuit Inc. compare	5.1×
NOW ServiceNow, Inc. compare	8.1×
ADBE Adobe Inc.	8.2×
CDNS Cadence Design Systems, Inc. compare	12.4×
DDOG Datadog, Inc. compare	13.4×
ADP Automatic Data Processing, Inc. compare	23.8×
SNOW Snowflake Inc. compare	44.0×
Software Application industry median	2.6×
Technology sector median	2.5×
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 →

Adobe Inc. (ADBE) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ADBE

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ADBE

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