Adobe (ADBE)
(Delayed Data from NSDQ)
$439.03 USD
+1.21 (0.28%)
Updated Aug 18, 2022 04:00 PM ET
Pre-Market: $433.85 -5.18 (-1.18%) 9:26 AM ET
3-Hold of 5 3
D Value A Growth C Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
Currently, Adobe Inc. has a PEG ratio of 2.04 compared to the Computer - Software industry's PEG ratio of 2.26.
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its growth rate over the past 12 months. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
ADBE 439.03 +1.21(0.28%)
Will ADBE be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for ADBE based on the 1-3 month trading system that nearly triples the S&P 500.
Zacks News for ADBE
Adobe Systems (ADBE) Outpaces Stock Market Gains: What You Should Know
Capitalize on a Surging Nasdaq With These 3 Stocks
ADBE: What are Zacks experts saying now?
Zacks Private Portfolio Services
Time to Buy These Giant Tech Stocks as the Nasdaq Enters a Bull Market?
Adobe Systems (ADBE) Dips More Than Broader Markets: What You Should Know
The Zacks Analyst Blog Highlights Roche Holding, Adobe, McDonald, Deere & Co and BP p.l.c
Other News for ADBE
Adobe Digital Price Index: E-Commerce Enters Deflation for the First Time in Over Two Years
FC Bayern and Adobe Partner to Redefine Fan Experiences
Top 5 2nd Quarter Trades of Close Asset Management Ltd
Exchange Capital Management, Inc. Buys 3, Sells 2 in 2nd Quarter
MCDANIEL TERRY & CO Goes on Buying Spree in 2nd Quarter