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Adobe Inc. (ADBE) EV/Sales Ratio: 3.94x

Is Adobe Inc.’s EV/Sales ratio high or low?

Adobe Inc.'s EV/Sales ratio of 3.94x is 65% below its 5-year average of 11.19x, near the low end of its 5-year range (3.80x–22.31x).

As of Thursday, June 11, 2026. 32.22% below its 12-month average of 5.81x.

ADBE EV/Sales Ratio Chart

ADBE EV/Sales Ratio
3.94x-52.30% 1Y
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ADBE Average EV/Sales Ratio Chart

ADBE Current vs Average EV/Sales Ratio Chart

ADBE EV/Sales Ratio Metrics

EV/SALES RATIO

3.94x

EV/SALES RATIO AVG TTM

5.81x

EV/SALES RATIO AVG 3Y

9.54x

EV/SALES RATIO AVG 5Y

11.19x

EV/SALES RATIO AVG 10Y

12.67x

EV/SALES RATIO AVG 15Y

10.71x

EV/SALES RATIO AVG 20Y

9.61x

CURRENT VS TTM AVG

-32.22%

CURRENT VS 3Y AVG

-58.70%

CURRENT VS 5Y AVG

-64.80%

CURRENT VS 10Y AVG

-68.90%

CURRENT VS 15Y AVG

-63.23%

CURRENT VS 20Y AVG

-59.02%

ADBE Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Adobe Inc. (ADBE)$90.18B3.94x5.81x9.54x11.19x
Synopsys, Inc. (SNPS)$87.06B10.95x12.40x13.17x12.31x
Snowflake Inc. (SNOW)$82.52B16.60x16.54x17.71x34.20x
Datadog, Inc. (DDOG)$81.87B22.84x16.86x17.95x25.03x
Cloudflare, Inc. (NET)$78.86B34.37x36.51x27.62x34.38x
Accenture plc (ACN)$103.23B1.46x2.13x2.85x3.10x
Intuit Inc. (INTU)$75.89B3.85x8.75x10.34x11.02x
Monolithic Power Systems, Inc. (MPWR)$75.45B25.02x18.69x17.14x16.78x
Fortinet, Inc. (FTNT)$105.81B14.75x10.24x10.44x11.75x
Cadence Design Systems, Inc. (CDNS)$106.06B19.29x17.15x17.80x16.45x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Adobe Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Adobe Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Adobe Inc. (ADBE)?
The EV/Sales ratio for ADBE stock is 3.94x.
Is Adobe Inc.'s EV/Sales ratio high or low?
Adobe Inc.'s EV/Sales ratio of 3.94x is 65% below its 5-year average of 11.19x, near the low end of its 5-year range (3.80x–22.31x).
What is the TTM average EV/Sales ratio for Adobe Inc. (ADBE)?
The TTM average EV/Sales ratio for ADBE stock is 5.81x.
What is the 3Y average EV/Sales ratio for Adobe Inc. (ADBE)?
The 3Y average EV/Sales ratio for ADBE stock is 9.54x.
What is the 5Y average EV/Sales ratio for Adobe Inc. (ADBE)?
The 5Y average EV/Sales ratio for ADBE stock is 11.19x.
What is the 10Y average EV/Sales ratio for Adobe Inc. (ADBE)?
The 10Y average EV/Sales ratio for ADBE stock is 12.67x.
What is the 15Y average EV/Sales ratio for Adobe Inc. (ADBE)?
The 15Y average EV/Sales ratio for ADBE stock is 10.71x.
What is the 20Y average EV/Sales ratio for Adobe Inc. (ADBE)?
The 20Y average EV/Sales ratio for ADBE stock is 9.61x.

Adobe Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-103.94x
2026-06-094.01x
2026-06-084.13x
2026-06-054.24x
2026-06-044.36x
2026-06-034.32x
2026-06-024.42x
2026-06-014.62x
2026-05-294.37x
2026-05-284.07x
2026-05-274.02x
2026-05-264.06x
2026-05-224.13x
2026-05-214.12x
2026-05-204.27x
2026-05-194.30x
2026-05-184.31x
2026-05-154.17x
2026-05-144.00x
2026-05-133.98x
2026-05-124.06x
2026-05-114.15x
2026-05-084.27x
2026-05-074.32x
2026-05-064.22x
2026-05-054.31x
2026-05-044.28x
2026-05-014.23x
2026-04-304.15x
2026-04-294.11x
2026-04-284.10x
2026-04-274.04x
2026-04-244.14x
2026-04-234.03x
2026-04-224.32x
2026-04-214.17x
2026-04-204.19x
2026-04-174.12x
2026-04-164.18x
2026-04-154.13x
2026-04-143.98x
2026-04-134.05x
2026-04-103.80x
2026-04-093.88x
2026-04-084.04x
2026-04-074.05x
2026-04-064.12x
2026-04-024.10x
2026-04-014.07x
2026-03-314.10x
2026-03-304.07x
2026-03-273.96x
2026-03-264.06x
2026-03-254.00x
2026-03-244.24x
2026-03-234.40x
2026-03-204.40x
2026-03-194.37x
2026-03-184.37x
2026-03-174.51x
2026-03-164.47x
2026-03-134.43x
2026-03-124.78x
2026-03-114.85x
2026-03-104.88x
2026-03-095.01x
2026-03-065.03x
2026-03-054.99x
2026-03-044.84x
2026-03-034.81x
2026-03-024.63x
2026-02-274.65x
2026-02-264.60x
2026-02-254.57x
2026-02-244.53x
2026-02-234.38x
2026-02-204.59x
2026-02-194.60x
2026-02-184.67x
2026-02-174.62x
2026-02-134.68x
2026-02-124.66x
2026-02-114.56x
2026-02-104.69x
2026-02-094.73x
2026-02-064.76x
2026-02-054.78x
2026-02-044.96x
2026-02-034.82x
2026-02-025.20x
2026-01-305.20x
2026-01-295.17x
2026-01-285.31x
2026-01-275.27x
2026-01-265.40x
2026-01-235.33x
2026-01-225.31x
2026-01-215.21x
2026-01-205.15x
2026-01-165.25x
2026-01-155.39x
2026-01-145.72x
2026-01-135.82x
2026-01-126.15x
2026-01-096.27x
2026-01-086.36x
2026-01-076.34x
2026-01-066.30x
2026-01-056.22x
2026-01-026.25x
2025-12-316.56x
2025-12-306.61x
2025-12-296.62x
2025-12-266.63x
2025-12-246.62x
2025-12-236.61x
2025-12-226.70x
2025-12-196.67x
2025-12-186.67x
2025-12-176.65x
2025-12-166.52x
2025-12-156.59x
2025-12-126.68x
2025-12-116.57x
2025-12-106.44x
2025-12-096.46x
2025-12-086.36x
2025-12-056.49x
2025-12-046.17x
2025-12-036.13x
2025-12-026.06x
2025-12-016.06x
2025-11-286.01x
2025-11-265.96x
2025-11-256.00x
2025-11-245.98x
2025-11-216.08x
2025-11-205.87x
2025-11-195.97x
2025-11-186.09x
2025-11-176.10x
2025-11-146.21x
2025-11-136.26x
2025-11-126.32x
2025-11-116.25x
2025-11-106.17x
2025-11-076.14x
2025-11-066.14x
2025-11-056.30x
2025-11-046.29x
2025-11-036.33x
2025-10-316.38x
2025-10-306.36x
2025-10-296.34x
2025-10-286.75x
2025-10-276.71x
2025-10-246.63x
2025-10-236.64x
2025-10-226.64x
2025-10-216.70x
2025-10-206.44x
2025-10-176.25x
2025-10-166.18x
2025-10-156.20x
2025-10-146.30x
2025-10-136.37x
2025-10-106.33x
2025-10-096.52x
2025-10-086.54x
2025-10-076.53x
2025-10-066.57x
2025-10-036.50x
2025-10-026.59x
2025-10-016.45x
2025-09-306.61x
2025-09-296.74x
2025-09-266.76x
2025-09-256.64x
2025-09-246.62x
2025-09-237.00x
2025-09-227.05x
2025-09-197.08x
2025-09-187.11x
2025-09-177.01x
2025-09-166.83x
2025-09-156.72x
2025-09-126.77x
2025-09-116.79x
2025-09-106.78x
2025-09-096.86x
2025-09-086.94x
2025-09-056.76x
2025-09-046.67x
2025-09-036.75x
2025-09-026.69x
2025-08-296.91x
2025-08-286.85x
2025-08-276.90x
2025-08-266.87x
2025-08-257.03x
2025-08-227.01x
2025-08-216.84x
2025-08-206.84x
2025-08-196.99x
2025-08-186.92x
2025-08-156.87x
2025-08-146.75x
2025-08-136.80x
2025-08-126.56x
2025-08-116.46x
2025-08-086.61x
2025-08-076.55x
2025-08-066.69x
2025-08-056.56x
2025-08-046.56x
2025-08-016.74x
2025-07-316.92x
2025-07-307.05x
2025-07-297.17x
2025-07-287.15x
2025-07-257.18x
2025-07-247.19x
2025-07-237.21x
2025-07-227.22x
2025-07-217.12x
2025-07-187.08x
2025-07-177.09x
2025-07-167.00x
2025-07-157.05x
2025-07-147.10x
2025-07-117.03x
2025-07-107.19x
2025-07-097.23x
2025-07-087.40x
2025-07-077.29x
2025-07-037.34x
2025-07-027.32x
2025-07-017.58x
2025-06-307.48x
2025-06-277.46x
2025-06-267.45x
2025-06-257.50x
2025-06-247.59x
2025-06-237.55x
2025-06-207.48x
2025-06-187.50x
2025-06-177.60x
2025-06-167.98x
2025-06-137.78x
2025-06-128.21x
2025-06-118.20x
2025-06-108.26x
2025-06-098.26x
2025-06-068.28x
2025-06-058.24x
2025-06-048.22x
2025-06-038.19x
2025-06-028.01x
2025-05-308.24x
2025-05-298.21x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Adobe Inc.

Adobe Inc. stands as a prominent global software provider, delivering a diverse range of solutions. Its operations are structured into three primary business divisions: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment empowers individuals, teams, and enterprises to generate, disseminate, and amplify various forms of content through its array of products and services, including the cloud-native Document Cloud platform. Central to this segment is Creative Cloud, its subscription-based flagship, granting access to a comprehensive suite of creative tools. This division caters to a diverse range of users, from professional content creators and marketers to educators, communicators, and general consumers. Adobe's Digital Experience division offers an integrated suite of applications and services designed to empower brands and businesses to craft, orchestrate, assess, and enhance customer journeys, from initial analytical insights to final commercial transactions. It serves a broad professional base including marketing teams, advertisers, agencies, data scientists, and senior executives. The Publishing and Advertising segment provides specialized offerings such as e-learning tools, technical documentation services, web conferencing solutions, advanced printing technologies, and its Advertising Cloud suite. Adobe engages directly with enterprise clients through its dedicated sales teams and regional offices. Individual end-users can access its offerings via app stores or its official website, adobe.com. Additionally, an extensive indirect channel supports distribution, encompassing partners such as distributors, value-added resellers, system integrators, software vendors, retailers, and original equipment manufacturers. Established in 1982, the company, initially named Adobe Systems Incorporated, rebranded as Adobe Inc. in October 2018. Its corporate headquarters are situated in San Jose, California.

San Jose, CA
30,709 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Shantanu Narayen