Analog Devices, Inc. (ADI) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signal...
Analog Devices, Inc. (ADI) currently trades at a P/E ratio of 46.34 (historical range: 21.02–80.86, median: 51.00), placing it at the 43th percentile — near its historical average, P/S ratio of 13.80 (range: 6.14–17.17, 90th percentile — expensive relative to its history), EV/EBITDA of 39.59 (range: 18.77–65.03, 44th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Analog Devices, Inc.'s P/E ratio has expanded by 57% over the observed period (from an average of 38.3 to 60.1).
Analog Devices, Inc. trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 46.34 | 51.00 | 43th | near its historical average |
| P/S Ratio | 13.80 | 10.38 | 90th | expensive relative to its history |
| EV/EBITDA | 39.59 | 42.33 | 44th | near its historical average |
| FCF Yield | 2.58% | 3.21% | 10th | expensive relative to its history |
Analog Devices, Inc. (ADI) Valuation & P/E History
Analog Devices, Inc. (ADI) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry currently trading at $395.40 with a market capitalization of $191.6 billion. This page provides historical valuation analysis for ADI based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 46.34 is below the historical median of 51.00, placing ADI at the 43th percentile of its valuation range. The P/S ratio of 13.80 compares to a median of 10.38.
ADI Valuation Metrics & Historical Range
The valuation table above shows Analog Devices, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ADI is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ADI is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Analog Devices, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ADI Overvalued or Undervalued?
Analog Devices, Inc. trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 59 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ADI is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ADI analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ADI trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.