Stock Analysis on Net

Analog Devices Inc. (NASDAQ:ADI)

$24.99

Price to Book Value (P/BV)
since 2005

Microsoft Excel

Calculation

Analog Devices Inc., P/BV, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Analog Devices Inc. Annual Report.


The share price of the company exhibits variability over the observed periods, beginning at $37.69 in late 2005, declining to a low of $16.95 in late 2008, which indicates a significant reduction during that timeframe. Subsequently, the share price demonstrates a general upward trend, reaching a peak of $252.02 by late 2025. This overall increase suggests strengthened investor confidence or improved company performance over the long term.

Book value per share (BVPS) shows relative stability with a gradual increase from $10.06 in late 2005 to around $16.76 in late 2016. After this period, there is a sharp rise to $72.32 in late 2021, maintaining a level near $70 in subsequent years up to 2025. This significant increase indicates a substantial enhancement in net asset value on a per-share basis, which may reflect company growth, retained earnings, or asset revaluation.

The price-to-book value (P/BV) ratio fluctuates notably throughout the timeline. Starting at 3.75 in 2005, it dips to a low of 2.04 by 2008, correlating with the share price decrease and BVPS stability during that period. The ratio rises and falls in later years, reaching a high of 4.35 in 2016, then falling again to around 2.35 during 2022. Towards the end of the period, the ratio escalates to 3.65. These fluctuations indicate changing market valuations relative to the company's book value, likely influenced by market sentiment, earnings prospects, or macroeconomic conditions.

Overall, the data suggest a company that endured market or economic challenges around 2008, followed by strong recovery and growth in both market valuation and book value. The notable increase in book value per share in the last decade underscores significant asset or equity growth, while the P/BV ratio’s volatility reflects varied investor perceptions of value across different periods.


Comparison to Competitors

Analog Devices Inc., P/BV, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Analog Devices Inc., P/BV, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2025-11-01), 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03), 10-K (reporting date: 2017-10-28), 10-K (reporting date: 2016-10-29), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-11-01), 10-K (reporting date: 2013-11-02), 10-K (reporting date: 2012-11-03), 10-K (reporting date: 2011-10-29), 10-K (reporting date: 2010-10-30), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-11-01), 10-K (reporting date: 2007-11-03), 10-K (reporting date: 2006-10-28), 10-K (reporting date: 2005-10-29).


Comparison to Industry (Information Technology)