Analog Devices Inc. is a semiconductor manufacturer headquartered in Norwood near Boston, Massachusetts. The company has offices worldwide and it's production sites are located in Wilmington (USA), Cavite (Philippines) and Limerick (Ireland).
P/E ratio for Analog Devices (ADI)
P/E ratio as of June 2024 (TTM): 31.0
According to Analog Devices's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.9973. At the end of 2022 the company had a P/E ratio of 30.9.
P/E ratio history for Analog Devices from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.9 | -34.45% |
| 2021 | 47.1 | 5.58% |
| 2020 | 44.6 | 38.21% |
| 2019 | 32.3 | 52.38% |
| 2018 | 21.2 | -44.06% |
| 2017 | 37.9 | 45.55% |
| 2016 | 26.0 | 4.92% |
| 2015 | 24.8 | -10.19% |
| 2014 | 27.6 | 18.23% |
| 2013 | 23.4 | 21.64% |
| 2012 | 19.2 | 55.66% |
| 2011 | 12.3 | -21.72% |
| 2010 | 15.8 | -57.58% |
| 2009 | 37.2 | 423.5% |
| 2008 | 7.10 | -65.3% |
| 2007 | 20.5 | -4.8% |
| 2006 | 21.5 | -32.32% |
| 2005 | 31.7 | 30.69% |
| 2004 | 24.3 | -55.84% |
| 2003 | 55.0 | -30.88% |
| 2002 | 79.6 | 79.24% |
| 2001 | 44.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Texas Instruments TXN | 25.0 | -19.35% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 Microchip Technology MCHP | 20.9 | -32.59% | 🇺🇸 USA |
 Silicon Labs
SLAB | 64.9 | 109.36% | 🇺🇸 USA |
 Semtech SMTC | -5.66 | -118.27% | 🇺🇸 USA |
 Cirrus Logic
CRUS | 41.9 | 35.12% | 🇺🇸 USA |
 STMicroelectronics STM | 8.44 | -72.76% | 🇨🇭 Switzerland |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.