Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ADBE stock price vs AAPL: inconclusive — current versus $608.59 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at AAPL's multiple
Implied fair value · at ADBE's multiple
Needs ADBE P/E.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 98% equity / 2% debt · EV / Revenue 9.68x · EV proxy / EBITDA proxy 27.84x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ADOBE INC. · implied price per share
Bear
$260.76
Base
$306.53
Bull
$366.14
Apple Inc. · implied price per share
Bear
$102.98
Base
$125.76
Bull
$143.55
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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ADBE vs IBM
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ADBE vs TYL
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ADBE vs ADSK
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ADBE vs GOOGL
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ADBE vs META
NVIDIA CORP
ADBE vs NVDA
INTEL CORP
ADBE vs INTC
CISCO SYSTEMS, INC.
ADBE vs CSCO
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe ADBE can sustain its current growth and margin profile without a meaningful rerating of the software sector, then the stock looks attractive to own because it is priced well below AAPL on every major multiple while posting stronger profitability and balance sheet metrics.
ADBE trades at a deep discount to AAPL on both earnings and sales-based measures, despite superior profitability and growth. The implied price of $608.59 versus the current $251.34 suggests 142.1% upside, which is above even the high end of AAPL implied range.
Supporting Metrics
