Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 10.91.
Forward PE Ratio (10.91) = Close Price ($256.64) / Consensus Forward EPS ($24.42)
FORWARD PE RATIO
10.91
SECTOR MEDIAN · TECHNOLOGY
27.24
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
-59.95%
vs the sector median at left
Adobe Inc.
Market Cap
$102.01B
Forward PE Ratio
10.91
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Adobe Inc. (ADBE) | $102.01B | 10.91 |
| Cloudflare, Inc. (NET)vs › | $101.33B | 221.11 |
| AppLovin Corporation (APP)vs › | $104.86B | 20.29 |
| Automatic Data Processing, Inc. (ADP)vs › | $107.24B | 25.07 |
| Accenture plc (ACN)vs › | $109.41B | 13.47 |
| Fortinet, Inc. (FTNT)vs › | $115.38B | 45.30 |
| Snowflake Inc. (SNOW)vs › | $116.52B | 278.16 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.45B | N/A |
| Intuit Inc. (INTU)vs › | $86.68B | 13.96 |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.62B | 35.95 |
Trailing P/E
15.3
reported TTM EPS
Forward P/E
10.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $24.42 implies +39.7% EPS growth vs the reported trailing $17.48.
At today's $256.64 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-11-28 | $24.42 | $23.46 – $24.54 | 23 | 10.5x |
| 2027-11-28 | $27.48 | $26.27 – $28.56 | 23 | 9.3x |
| 2028-11-28 | $31.34 | $28.40 – $36.11 | 10 | 8.2x |
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.
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