ADBE P/B: current value, 10-year range and year-by-year history
Cash & Leverage
ADBE's p/b is lower than 95% of the last 10 years.
P/B History
ADBE P/B by year
Yearly range of ADBE’s p/b from 2016 to 2026. Over the full period it ranged from 6.7 to 23.6, averaging 13.9.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 6.8 | 9.1 | 12.2 | 8.9 |
| 2025 | 11.4 | 13.2 | 15.8 | 12.6 |
| 2024 | 13.2 | 15.7 | 18.1 | 14.0 |
| 2023 | 10.5 | 14.3 | 18.1 | 16.6 |
| 2022 | 9.0 | 13.2 | 18.3 | 11.2 |
| 2021 | 15.0 | 19.4 | 23.1 | 18.4 |
| 2020 | 13.3 | 18.1 | 23.6 | 18.2 |
| 2019 | 11.4 | 13.8 | 15.4 | 15.3 |
| 2018 | 10.5 | 13.4 | 15.4 | 12.0 |
| 2017 | 7.0 | 9.2 | 11.4 | 10.4 |
| 2016 | 6.7 | 7.3 | 7.7 | 6.9 |
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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.
Price / Book Value Per ShareMost useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.
- Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
- Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.
Is ADBE P/B High or Low Right Now?
Adobe Inc.'s P/B is currently 8.9, which is near historic low relative to its 10-year historical range. The 10-year median P/B for ADBE is approximately 13.9. See all ADBE valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.