Adobe Inc Forward P/E

What is the Forward P/E of Adobe Inc?

The Forward P/E of Adobe Inc is 34.17

What is the definition of Forward P/E?



Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.

The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.

Forward P/E of companies in the Technology sector on NASDAQ compared to Adobe Inc

What does Adobe Inc do?

Adobe Inc., originally called Adobe Systems Incorporated, is an American multinational computer software company incorporated in Delaware and headquartered in San Jose, California.

Companies with forward p/e similar to Adobe Inc