Adobe Inc. (ADBE) fundamentals: P/E, valuation, undervalued?

Adobe Inc. · Information Technology · ref. ETF XLK · price $289.15
Logo Adobe Inc.See the full Adobe Inc. (ADBE) profile
In short — Adobe Inc. trades at 15.6× earnings (P/E), 10.5× forward, with a net margin of 28.7 % and revenue growth of +13 %. Read: Average P/E (P/E 16 (near the ~20-25 average)).

Is Adobe Inc. stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$289.15-18.3% over range
Aug 28, 25low $193.41 · high $367.46Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
27% recommend buying · 26 analysts
Valuation : Average P/E — P/E 16 (near the ~20-25 average)

Valuation

15.6
P/E (price/earnings)
10.5
Forward P/E
1.98
PEG
10.0
Price/book (P/B)
$114.9B
Market cap
18.48
EPS

Profitability & growth

28.7 %
Net margin
+13 %
Revenue growth
+8 %
Earnings growth
$7.1B
Total debt

Adobe Inc. income statement

Fiscal yearRevenueNet incomeMargin
2022$17.6B$4.8B27.0 %
2023$19.4B$5.4B28.0 %
2024$21.5B$5.6B25.9 %
2025$23.8B$7.1B30.0 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Adobe Inc.'s P/E and is the stock undervalued? What's a good P/E?

Adobe Inc.'s P/E is 15.6 (forward 10.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Average P/E".

Is Adobe Inc. profitable?

Adobe Inc. has a net margin of 28.7 % (EPS 18.48). The company is profitable.

Is ADBE stock expensive?

Our read: "Average P/E" — P/E 16 (near the ~20-25 average). Cross-check with growth and sector.

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