Price to Sales (P/S)
since 2005
Paying user area
Try for free
Adobe Inc. pages available for free this week:
- Income Statement
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Net Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Price to Earnings (P/E) since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Adobe Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Adobe Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenue1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 13, 2025 | = | ÷ | = | ÷ | |||||||
| Jan 17, 2024 | = | ÷ | = | ÷ | |||||||
| Jan 17, 2023 | = | ÷ | = | ÷ | |||||||
| Jan 21, 2022 | = | ÷ | = | ÷ | |||||||
| Jan 15, 2021 | = | ÷ | = | ÷ | |||||||
| Jan 21, 2020 | = | ÷ | = | ÷ | |||||||
| Jan 25, 2019 | = | ÷ | = | ÷ | |||||||
| Jan 22, 2018 | = | ÷ | = | ÷ | |||||||
| Jan 20, 2017 | = | ÷ | = | ÷ | |||||||
| Jan 19, 2016 | = | ÷ | = | ÷ | |||||||
| Jan 20, 2015 | = | ÷ | = | ÷ | |||||||
| Jan 21, 2014 | = | ÷ | = | ÷ | |||||||
| Jan 22, 2013 | = | ÷ | = | ÷ | |||||||
| Jan 26, 2012 | = | ÷ | = | ÷ | |||||||
| Jan 27, 2011 | = | ÷ | = | ÷ | |||||||
| Jan 22, 2010 | = | ÷ | = | ÷ | |||||||
| Jan 23, 2009 | = | ÷ | = | ÷ | |||||||
| Jan 24, 2008 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2007 | = | ÷ | = | ÷ | |||||||
| Feb 8, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Adobe Inc. Annual Report.
The analysis of the financial indicators over the given periods reveals several noteworthy trends regarding valuation, revenue performance, and market sentiment.
- Share Price
- The share price exhibited initial volatility with a decline from 38.8 US$ in early 2006 to a low of 19.7 US$ in early 2009. Following this downturn, there was a pronounced and sustained growth phase, with the share price rising significantly to peak at 596.1 US$ by early 2024 before dropping to 408.5 US$ in early 2025. This trajectory suggests a recovery and expansion phase post-2009, with strong market confidence, followed by a recent correction or volatility.
- Sales per Share
- Sales per share demonstrated consistent year-over-year growth throughout the entire period. Starting at 3.28 US$ in 2006, this metric increased steadily to 49.4 US$ by 2025. The growth in sales per share indicates ongoing improvement in the company’s revenue-generating ability on a per-share basis, evidencing effective business expansion or enhanced operational performance without any observable decline across the examined years.
- Price-to-Sales (P/S) Ratio
- The P/S ratio showed considerable fluctuation. Initially, it declined from 11.84 in 2006 to a trough of 2.88 in 2009, coinciding with the share price decrease and possibly reflecting undervaluation or market pessimism during that period. Thereafter, the ratio generally increased, reaching several peaks above 13 between 2018 and 2024, reflecting increasing market valuation relative to sales. Notably, the ratio dropped sharply to 8.27 in 2025 from a higher level the year before, which may indicate a market revaluation or a shift in investor sentiment despite the consistent sales increase.
Overall, the data depicts a company that endured a period of market undervaluation coinciding with global economic challenges around 2009 but subsequently experienced robust growth in both share price and sales per share, signaling strong operational progress. The fluctuations in the P/S ratio suggest changing market perceptions of the company's growth prospects or risk profile over time, with a recent decline indicating less aggressive valuation relative to sales. The recent drop in share price alongside a still-increasing sales figure raises potential questions about market expectations or external factors affecting investor confidence.
Comparison to Competitors
Adobe Inc., P/S, long-term trends, comparison to competitors
| Adobe Inc. | Accenture PLC | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 13, 2025 | |||||||||||||||
| Jan 17, 2024 | |||||||||||||||
| Jan 17, 2023 | |||||||||||||||
| Jan 21, 2022 | |||||||||||||||
| Jan 15, 2021 | |||||||||||||||
| Jan 21, 2020 | |||||||||||||||
| Jan 25, 2019 | |||||||||||||||
| Jan 22, 2018 | |||||||||||||||
| Jan 20, 2017 | |||||||||||||||
| Jan 19, 2016 | |||||||||||||||
| Jan 20, 2015 | |||||||||||||||
| Jan 21, 2014 | |||||||||||||||
| Jan 22, 2013 | |||||||||||||||
| Jan 26, 2012 | |||||||||||||||
| Jan 27, 2011 | |||||||||||||||
| Jan 22, 2010 | |||||||||||||||
| Jan 23, 2009 | |||||||||||||||
| Jan 24, 2008 | |||||||||||||||
| Feb 5, 2007 | |||||||||||||||
| Feb 8, 2006 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Sector (Software & Services)
Adobe Inc., P/S, long-term trends, comparison to sector (software & services)
| Adobe Inc. | Software & Services | |
|---|---|---|
| Jan 13, 2025 | ||
| Jan 17, 2024 | ||
| Jan 17, 2023 | ||
| Jan 21, 2022 | ||
| Jan 15, 2021 | ||
| Jan 21, 2020 | ||
| Jan 25, 2019 | ||
| Jan 22, 2018 | ||
| Jan 20, 2017 | ||
| Jan 19, 2016 | ||
| Jan 20, 2015 | ||
| Jan 21, 2014 | ||
| Jan 22, 2013 | ||
| Jan 26, 2012 | ||
| Jan 27, 2011 | ||
| Jan 22, 2010 | ||
| Jan 23, 2009 | ||
| Jan 24, 2008 | ||
| Feb 5, 2007 | ||
| Feb 8, 2006 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Industry (Information Technology)
Adobe Inc., P/S, long-term trends, comparison to industry (information technology)
| Adobe Inc. | Information Technology | |
|---|---|---|
| Jan 13, 2025 | ||
| Jan 17, 2024 | ||
| Jan 17, 2023 | ||
| Jan 21, 2022 | ||
| Jan 15, 2021 | ||
| Jan 21, 2020 | ||
| Jan 25, 2019 | ||
| Jan 22, 2018 | ||
| Jan 20, 2017 | ||
| Jan 19, 2016 | ||
| Jan 20, 2015 | ||
| Jan 21, 2014 | ||
| Jan 22, 2013 | ||
| Jan 26, 2012 | ||
| Jan 27, 2011 | ||
| Jan 22, 2010 | ||
| Jan 23, 2009 | ||
| Jan 24, 2008 | ||
| Feb 5, 2007 | ||
| Feb 8, 2006 |
Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).