ADBEAdobe Inc.

$242.24-34% 1Y

Is the price fair?

Excellent

Undemanding: modest expectations priced in, cheap against its own history, and cheap vs its sector.

3 good
What the price assumes~−8% a year

Priced for a decline (~−8% a year). The price demands less than its three-year revenue growth of 11% a year, expectations look modest.

Vs its own P/E rangecheapest in 41 quartersderived

Cheap vs its own history: P/E 13.5 vs a 48.2 median over 41 quarters (−72% vs median).

Vs sector (EV/EBIT)8.3×

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Aug 28, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)better than 77% of the market
FCF yieldtop 8% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ADBE's price assumes

Adobe Inc. trades at 13.5× earnings against 33.9× for the median Software - Application name, cheaper than its own group.

13.5

Trailing P/E · Software - Application median 33.9 · cheaper than the typical name in its group

Price / sales
2.99

Price / sales · today's price, trailing year to Aug 28, 2026

Free cash flow yield
14%

Free cash flow yield · Software - Application median 6.9%

Growth the price implies
−8.0%

Growth the price implies · The price pays for −8.0% free cash flow growth a year for a decade; the business has delivered +12% a year over the last three.

Details›
Price / booktoday's price, trailing year to Aug 28, 2026
6.59
EV / EBITtoday's price, trailing year to Aug 28, 2026
8.27
EV / salestoday's price, trailing year to Aug 28, 2026
2.95
Technology median P/E459 names
37.7
Software - Application median P/E126 names
33.9
Free cash flow, trailing twelve months
$10.6B
Market capitalisation
$77.6B
3-year revenue growth
+11%
3-year free cash flow growth
+12%
ADBE has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 13.5× today against a 48.2× median
52-week range$194.90 – $365.90
Today$242.24

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.