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Adobe Inc
XETRA:ADB

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Adobe Inc
XETRA:ADB
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Price: 206.55 EUR 0.05% Market Closed
Market Cap: €91.6B

P/S

4.2
Current
57%
Cheaper
vs 3-y average of 9.8

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.2
=
Market Cap
€99.2B
/
Revenue
$24.5B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
4.2
=
Market Cap
€99.2B
/
Revenue
$24.5B

Valuation Scenarios

Adobe Inc is trading below its 3-year average

If P/S returns to its 3-Year Average (9.8), the stock would be worth €485.63 (135% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-41%
Maximum Upside
+157%
Average Upside
63%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 4.2 €206.55
0%
3-Year Average 9.8 €485.63
+135%
5-Year Average 10.7 €530.66
+157%
Industry Average 4.2 €207.05
+0%
Country Average 2.4 €121
-41%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€99.2B
/
Feb 2026
$24.5B
=
4.2
Current
€99.2B
/
Dec 2026
$26.6B
=
3.7
Forward
€99.2B
/
Dec 2027
$28.9B
=
3.4
Forward
€99.2B
/
Dec 2028
$31.3B
=
3.2
Forward
€99.2B
/
Nov 2029
$35.5B
=
2.8
Forward
€99.2B
/
Nov 2030
$38.8B
=
2.6
Forward
€99.2B
/
Nov 2031
$39.9B
=
2.5
Forward
€99.2B
/
Nov 2032
$42.9B
=
2.3
Forward
€99.2B
/
Nov 2033
$46B
=
2.2
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
US
Adobe Inc
XETRA:ADB
99.9B EUR 4.2 14.1
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
331.6B USD 76.1 209.5
DE
SAP SE
XETRA:SAP
169.9B EUR 4.6 23.7
US
Salesforce Inc
NYSE:CRM
165.4B USD 4.1 23
US
Applovin Corp
NASDAQ:APP
151B USD 28.2 46.4
US
Intuit Inc
NASDAQ:INTU
107.8B USD 5.5 25.5
US
Synopsys Inc
NASDAQ:SNPS
92.4B USD 11.7 85.3
US
NCR Corp
LSE:0K45
92B USD 34.2 2 191
US
Cadence Design Systems Inc
NASDAQ:CDNS
89.6B USD 17.3 82.8
US
Microstrategy Inc
NASDAQ:MSTR
58.5B USD 114.9 -13
P/S Multiple
Revenue Growth P/S to Growth
US
Adobe Inc
XETRA:ADB
Average P/S: 21 292
4.2
10%
0.4
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
76.1
50%
1.5
DE
SAP SE
XETRA:SAP
4.6
11%
0.4
US
Salesforce Inc
NYSE:CRM
4.1
11%
0.4
US
Applovin Corp
NASDAQ:APP
28.2
34%
0.8
US
Intuit Inc
NASDAQ:INTU
5.5
13%
0.4
US
Synopsys Inc
NASDAQ:SNPS
11.7
20%
0.6
US
N
NCR Corp
LSE:0K45
34.2
-7%
N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
17.3
14%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
114.9
7%
16.4
P/E Multiple
Earnings Growth PEG
US
Adobe Inc
XETRA:ADB
Average P/E: 300.1
14.1
20%
0.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
209.5
58%
3.6
DE
SAP SE
XETRA:SAP
23.7
17%
1.4
US
Salesforce Inc
NYSE:CRM
23
31%
0.7
US
Applovin Corp
NASDAQ:APP
46.4
38%
1.2
US
Intuit Inc
NASDAQ:INTU
25.5
30%
0.8
US
Synopsys Inc
NASDAQ:SNPS
85.3
44%
1.9
US
N
NCR Corp
LSE:0K45
2 191
52%
42.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.8
39%
2.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -13 N/A N/A

Market Distribution

In line with most companies in the United States of America
Percentile
63nd
Based on 11 520 companies
63nd percentile
3.4
Low
0 — 1.2
Typical Range
1.2 — 4.1
High
4.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.2
Median 2.4
70th Percentile 4.1
Max 4 613 274.2

Adobe Inc
Glance View

In the sprawling landscape of technology companies, Adobe Inc. stands out as a titan, a company that began its journey in a small Silicon Valley garage in 1982. Initially focused on revolutionizing desktop publishing, Adobe launched with its PostScript page description language, which became a pivotal tool for the printing industry. Fast forward to today, Adobe has transformed business sectors with its suite of design, marketing, and multimedia software. At the heart of its operations is the Creative Cloud platform, a once-groundbreaking shift from perpetual licensing to subscription-based models, which includes industry staples like Photoshop, Illustrator, and Premiere Pro. This model not only brings recurring revenue but also encourages user stickiness, as regular updates and cloud storage become integral to the creative ecosystem. Adobe's prowess isn't confined to creativity alone; it extends to its Experience Cloud, a powerhouse of digital marketing solutions that capitalize on data analytics, customer intelligence, and automation to drive personalized marketing strategies for businesses worldwide. This arm harnesses Big Data, machine learning, and AI to offer insights that help companies transform customer engagement into actionable growth. Furthermore, Adobe's Document Cloud, featuring the ubiquitous Acrobat Reader and PDF services, caters to the growing demand for digital document management and e-signature solutions. The interplay of these platforms under Adobe's expansive umbrella not only unifies creative and business workflows but also creates a sustainable financial engine that capitalizes on the convergence of technology and creativity.

ADB Intrinsic Value
426.51 EUR
Undervaluation 52%
Intrinsic Value
Price €206.55
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