Start with its own history
At 41.20×, ADI is 11.4% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · ADISemiconductorsUpdated Nov 5, 2026
Analog Devices, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
41.20×
11.4% abovethe 10-year annual average
Share price406.24
÷Earnings per share9.86
Price and EPS in quote currency. Calculation details
Investors are paying 41.20 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 36.97×
3-year average47.89×3 positive annual observations
5-year average44.12×5 positive annual observations
10-year average36.97×10 positive annual observations
Peer median · TTM40.48×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Nov 1, 2025 | 51.01× | -25.3% |
| Nov 2, 2024 | 68.33× | +180.8% |
| Oct 28, 2023 | 24.33× | -11.2% |
| Oct 29, 2022 | 27.39× | -44.7% |
| Oct 30, 2021 | 49.57× | +38.4% |
| Oct 31, 2020 | 35.81× | +20.8% |
| Nov 2, 2019 | 29.64× | +37.4% |
| Nov 3, 2018 | 21.58× | -45.1% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Oct 28, 2017 | 39.31× | +72.7% |
| Oct 29, 2016 | 22.77× | -15.5% |
| Oct 31, 2015 | 26.96× | +9.2% |
| Nov 1, 2014 | 24.69× | +8.8% |
| Nov 2, 2013 | 22.68× | +24.2% |
| Nov 3, 2012 | 18.27× | +40.5% |
| Oct 29, 2011 | 13.00× | -7.7% |
| Oct 30, 2010 | 14.09× | -53.3% |
| Oct 31, 2009 | 30.15× | +279.7% |
| Nov 1, 2008 | 7.94× | -62.8% |
| Nov 3, 2007 | 21.36× | +5.0% |
| Oct 28, 2006 | 20.35× | -34.2% |
| Oct 29, 2005 | 30.90× | +16.7% |
| Oct 30, 2004 | 26.49× | -51.0% |
| Nov 1, 2003 | 54.06× | -43.4% |
| Nov 2, 2002 | 95.48× | +137.2% |
| Nov 3, 2001 | 40.25× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How ADI compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 ADI This stockAnalog Devices, Inc. | 41.20× |
 TXNTexas Instruments Incorporated | 40.30× |
 MPWRMonolithic Power Systems, Inc. | 69.25× |
 ONON Semiconductor Corporation | 40.48× |
 POWIPower Integrations, Inc. | 57.82× |
 CRUSCirrus Logic, Inc. | 14.18× |
 ALGMAllegro MicroSystems, Inc. | 188.48× |
 VSHVishay Intertechnology, Inc. | 37.06× |
 SLABSilicon Laboratories Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does ADI’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 40.48×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take ADI into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("ADI", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 406.24 ÷ EPS 9.86 = 41.20×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
ADI P/E ratio: common questions
The essentials behind the numbers.
Analog Devices, Inc.'s current P/E is 41.20× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.