Analog Devices, Inc. (ADI) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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ADI Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Analog Devices, Inc. (ADI) trades at a price-to-earnings ratio of 88.8x, with a stock price of $404.77 and trailing twelve-month earnings per share of $5.51.
The current P/E is 100% above its 5-year average of 44.5x. Over the past five years, ADI's P/E has ranged from a low of 24.1x to a high of 68.5x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 26.7x, ADI trades at a 232% premium to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 197.6x.
The PEG ratio of 13.03 (P/E divided by 39% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, ADI commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ADI DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ADI P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $256B | 51.5 | - | +5% | |
| $74B | 36.8 | 0.32Best | -18% | |
| $51B | 317.7 | - | -89% | |
| $40B | 354.1 | - | -92% | |
| $11B | 23.6Lowest | - | -17% | |
| $9B | 26.6 | - | +524%Best | |
| $78B | 124.6 | 4.22 | -65% | |
| $5B | 78.7 | - | +51% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ADI Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sat Jan 31 2026 00:00:00 GM | $310.88 | $5.47 | 56.8x | +53% |
| FY2025 Q4 | Sat Nov 01 2025 00:00:00 GM | $234.13 | $4.56 | 51.3x | +38% |
| FY2025 Q3 | Sat Aug 02 2025 00:00:00 GM | $221.71 | $3.92 | 56.6x | +52% |
| FY2025 Q2 | Sat May 03 2025 00:00:00 GM | $198.59 | $3.67 | 54.1x | +45% |
| FY2025 Q1 | Sat Feb 01 2025 00:00:00 GM | $211.89 | $3.14 | 67.5x | +81% |
| FY2024 Q4 | Sat Nov 02 2024 00:00:00 GM | $225.48 | $3.29 | 68.5x | +84% |
| FY2024 Q3 | Sat Aug 03 2024 00:00:00 GM | $207.96 | $3.32 | 62.6x | +68% |
| FY2024 Q2 | Sat May 04 2024 00:00:00 GM | $199.63 | $4.27 | 46.8x | +26% |
| FY2024 Q1 | Sat Feb 03 2024 00:00:00 GM | $192.10 | $5.58 | 34.4x | -8% |
| FY2023 Q4 | $157.33 | $6.53 | 24.1x | -35% | |
| FY2023 Q3 | Sat Jul 29 2023 00:00:00 GM | $198.42 | $7.36 | 27.0x | -28% |
| FY2023 Q2 | Sat Apr 29 2023 00:00:00 GM | $179.88 | $7.06 | 25.5x | -32% |
Average P/E for displayed period: 37.2x
Full ADI Stock Analysis
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Launch CalculatorIs ADI Undervalued?
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View ValuationCompare ADI vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonADI — Frequently Asked Questions
Quick answers to the most common questions about buying ADI stock.
Is ADI stock overvalued or undervalued?
ADI trades at 88.8x P/E, above its 5-year average of 44.5x. The 100th percentile ranking indicates a premium to historical valuation.
How does ADI's valuation compare to peers?
Analog Devices, Inc. P/E of 88.8x compares to sector median of 26.7x. The premium reflects expected growth above peers.
What is ADI's PEG ratio?
ADI PEG ratio is 13.03. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.