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ADIAnalog Devices, Inc.

The forward PE ratio is 31.28 as of Thursday, July 9, 2026.

Forward PE Ratio (31.28) = Close Price ($393.64) / Consensus Forward EPS ($12.32)

ADI Forward PE Ratio Metrics

FORWARD PE RATIO

31.28

ADI Competitors' Forward PE Ratio

ADI

Analog Devices, Inc.

Current

Market Cap

$191.74B

Forward PE Ratio

31.28

SAP

SAP SE

vs ADI

Market Cap

$184.64B

Forward PE Ratio

21.40

WDC

Western Digital Corporation

vs ADI

Market Cap

$199.24B

Forward PE Ratio

55.10

STX

Seagate Technology Holdings plc

vs ADI

Market Cap

$199.58B

Forward PE Ratio

57.70

APH

Amphenol Corporation

vs ADI

Market Cap

$199.59B

Forward PE Ratio

33.09

QCOM

QUALCOMM Incorporated

vs ADI

Market Cap

$201.43B

Forward PE Ratio

17.33

CRWD

CrowdStrike Holdings, Inc.

vs ADI

Market Cap

$202.02B

Forward PE Ratio

205.86

APP

AppLovin Corporation

vs ADI

Market Cap

$174.83B

Forward PE Ratio

32.42

MRVL

Marvell Technology, Inc.

vs ADI

Market Cap

$212.81B

Forward PE Ratio

81.45

GLW

Corning Inc

vs ADI

Market Cap

$165.70B

Forward PE Ratio

57.73

Trailing vs Forward

Trailing P/E

57.3

reported TTM EPS

Forward P/E

31.3

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $12.32 implies +83.1% EPS growth vs the reported trailing $6.73.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $393.64 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-11-01$12.32$12.16 – $13.031732.0x
2027-11-01$14.86$14.07 – $15.691726.5x
2028-11-01$17.16$12.99 – $19.69622.9x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Analog Devices, Inc. (ADI)?
The forward PE ratio for ADI stock is 31.28.

About Analog Devices, Inc.

Analog Devices, Inc. (ADI) is a technology leader specializing in the conception, production, validation, and global marketing of integrated circuits (ICs), software solutions, and advanced subsystems. Their offerings leverage sophisticated analog, mixed-signal, and digital signal processing technologies. The company's comprehensive product lineup features data converters, which are critical for transforming real-world analog signals into digital data and subsequently converting digital data back into analog signals. They also provide power management and reference devices, essential for power conversion, driver supervision, system sequencing, and energy optimization in industries such as automotive, telecommunications, industrial applications, and premium consumer markets. These power ICs are supported by integrated performance, integration, and software design simulation tools for precise power supply development. ADI's portfolio further includes high-performance amplifiers, designed for conditioning analog signals, as well as radio frequency (RF) and microwave ICs that underpin cellular infrastructure. They also develop microelectromechanical systems (MEMS) technology, encompassing accelerometers for sensing acceleration, gyroscopes for measuring rotation, inertial measurement units (IMUs) for detecting multi-axis movement, broadband switches for radio and instrumentation systems, and isolators. Moreover, the company supplies digital signal processing (DSP) and system products engineered for rapid numeric calculations. Serving a wide array of clients across the industrial, automotive, consumer, instrumentation, aerospace, and communications sectors, Analog Devices distributes its products globally. This is accomplished via a multifaceted approach, including a direct sales force, authorized third-party distributors, independent sales representatives throughout the United States, the Americas, Europe, Japan, China, and other regions of Asia, in addition to its online platform. Analog Devices, Inc. was founded in 1965 and is headquartered in Wilmington, Massachusetts.

Wilmington, MA
24,000 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Vincent T. Roche