IntrinsicIntrinsic
← Scroll for more →

Adobe Inc. (ADBE)

Services-Prepackaged Software

Latest Price
$249.76
TTM P/E
13.95
Normalized P/E
18.63
TTM Div Yield
--
Fwd Div Yield
--
Book Value
30.23
P/B Ratio
8.26

Valuation metrics

adjust assumptions →
EPS: $16.70
Book value / share: $28.14
Formula: √(22.5 × EPS × BVPS)
Graham Number
$102.83
59% downside
Norm. op. income: $6.1B (median of 7yr)
Tax rate: 19%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$120.42
52% downside
Base FCF: $7.4B (median of recent 5yr)
Growth: 19%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$875.64
+253% upside
EPS: $16.70
Target P/E: 19×
Formula: EPS × P/E
P/E Fair Value
$317.30
+28% upside

Institutional Ownership

90.1% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.41.16M$8.44B10.53%+346.1K2026-06-30
Vanguard Capital Management LLC26.41M$5.41B6.75%-274.8K2026-06-30
State Street Corp20.52M$4.21B5.25%+602.3K2026-06-30
Invesco Ltd.14.65M$3.00B3.75%+9.08M2026-06-30
Geode Capital Management, LLC11.62M$2.38B2.97%-111.1K2026-06-30
Jane Street Group, LLC9.71M$1.99B2.48%+5.62M2026-06-30
Vanguard Portfolio Management LLC9.36M$1.92B2.39%-608.8K2026-06-30
Citadel Advisors LLC8.50M$1.74B2.17%+3.73M2026-06-30
Arrowstreet Capital, Limited Partnership6.79M$1.39B1.74%-5.3K2026-06-30
Morgan Stanley5.39M$1.10B1.38%-286.4K2026-06-30
View all institutional holders →