ADBE

Stock

Adobe Inc.

One email when a drop — in price or in valuation — is historically rare for ADBE. Otherwise we stay quiet.

Very rare

This is the kind of decline worth waking up for.

Adobe Inc. is 67.9% off its high — among the deepest declines in its recorded history.

And it's not just the price: Adobe Inc.'s P/S Severity Score is 8.2 — historically low valuation vs its own history.

Price $220.78 · as of Jul 14, 2026All-time high $688.37Drawdown -67.9%Severity Score™ 12.1
🔴

Historic

Current Drawdown

-67.9%

Days in Drawdown

1693

Avg Max Drawdown

6.8%

Avg Length

52

Drawdown Severity Score™

12.1

ADBE - Price & High Water Mark

ADBE - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within ADBE's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

3.6xSeverity Score 8.2 · Very low vs its own history
Low: 2.4xMedian: 9.3xHigh: 22.3x

Adobe Inc. has been cheaper on this measure only about 5% of the time in 20 years of daily history.

84.0% below its highest Price to Sales reading · high date September 3, 2021

Price to Sales history

EV to EBITDA

9.3xSeverity Score 9.2 · Very low vs its own history
Low: 6.1xMedian: 29.9xHigh: 58.1x

Adobe Inc. has been cheaper on this measure only about 3% of the time in 20 years of daily history.

83.9% below its highest EV to EBITDA reading · high date September 2, 2020

EV to EBITDA history · log scale

How we measure valuation

Adobe Inc. (ADBE) Analysis: Current Drawdown Insights

Adobe Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $220.78, which represents a 67.9% decline from its all-time high of $688.37. This drawdown has persisted for 1693 days.

Based on its full tracked price history, Adobe Inc. typically experiences drawdowns averaging 6.8% in depth, with an average duration of 52 days. Adobe Inc. has gone through 240 total drawdown events in its tracked history. The largest drawdown on record for Adobe Inc. was 79.9%, beginning in 2000. The longest drawdown duration on record was 2200 days.

The Drawdown Severity Score™ for Adobe Inc. currently stands at 12.12. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score above 12.0 indicates a historic, once-in-a-decade event: declines of this magnitude are extraordinarily rare in this asset's tracked history and can also signal fundamental changes worth investigating.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Adobe Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 240 tracked pullbacks (67 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-11-24Ongoing1693 days-67.9%$688.37$220.78n/a
2021-11-052021-11-1915 days-4.6%$674.08$643.17$688.37
2021-09-072021-11-0459 days-16.2%$666.59$558.49$674.08
2021-08-312021-09-034 days-0.3%$665.99$663.70$666.59
2021-08-252021-08-273 days-0.7%$657.24$652.39$658.52
2021-08-162021-08-194 days-1.7%$637.31$626.77$637.66
2021-08-062021-08-127 days-1.6%$632.08$621.74$634.35
2021-07-262021-08-0511 days-1.2%$625.87$618.28$632.08
2021-07-152021-07-217 days-1.1%$608.83$602.05$612.26
2021-07-092021-07-146 days-0.9%$605.95$600.20$608.83
2021-06-302021-07-023 days-1.0%$590.75$584.73$593.07
2021-06-232021-06-242 days-0.3%$575.74$574.23$578.26
2021-06-152021-06-184 days-2.4%$556.95$543.33$565.59
2020-09-032021-06-10281 days-21.1%$533.80$421.20$535.52
2020-08-272020-09-027 days-3.4%$528.49$510.32$533.80
2020-08-212020-08-255 days-1.1%$478.48$473.22$484.43
2020-07-132020-08-2039 days-8.6%$466.20$426.29$478.48
2020-07-072020-07-082 days-0.7%$452.59$449.36$457.68
2020-06-242020-07-029 days-3.7%$440.55$424.20$442.95
2020-06-112020-06-166 days-4.7%$406.82$387.67$411.67
2020-06-092020-06-102 days-0.2%$397.78$397.16$406.82
2020-06-032020-06-053 days-1.2%$390.44$385.80$392.90
2020-05-262020-05-294 days-2.6%$385.26$375.17$386.60
2020-05-212020-05-222 days-0.4%$383.63$382.17$385.26
2020-02-202020-05-2090 days-25.6%$383.28$285.00$383.63
2020-02-182020-02-192 days-0.2%$379.67$378.85$383.28
2020-02-112020-02-122 days-0.2%$370.00$369.28$374.29
2020-02-072020-02-104 days-0.4%$367.46$366.09$370.00
2020-02-052020-02-062 days-0.3%$366.74$365.55$367.46
2020-01-312020-02-034 days-1.6%$356.74$351.14$358.00
2020-01-292020-01-302 days-0.8%$354.63$351.66$356.74
2020-01-242020-01-285 days-1.4%$351.76$346.90$354.63
2020-01-142020-01-174 days-0.8%$345.63$342.94$349.74
2020-01-102020-01-134 days-0.2%$340.45$339.81$345.63
2020-01-032020-01-086 days-0.8%$334.43$331.81$337.87
2019-12-272020-01-027 days-0.9%$331.20$328.34$334.43
2019-12-202019-12-234 days-0.0%$327.63$327.61$328.95
2019-12-172019-12-182 days-0.3%$323.80$322.85$324.38
2019-07-292019-12-13138 days-16.1%$311.27$261.09$317.94
2019-07-252019-07-262 days-0.5%$310.27$308.73$311.27
2019-07-192019-07-246 days-1.0%$310.08$306.87$310.27
2019-07-152019-07-184 days-1.2%$309.42$305.70$310.08
2019-07-052019-07-106 days-0.9%$305.70$302.92$306.98
2019-06-212019-07-0313 days-4.7%$302.11$287.97$305.70
2019-05-012019-06-1950 days-10.4%$289.25$259.03$291.21
2019-04-242019-04-263 days-1.1%$278.49$275.45$281.96
2018-10-022019-04-23204 days-25.5%$275.49$205.16$278.49
2018-09-172018-10-0115 days-5.0%$274.69$260.88$275.49
2018-08-302018-09-1315 days-4.6%$268.36$256.14$268.52
2018-07-262018-08-2935 days-7.9%$263.17$242.32$268.36
2018-07-192018-07-257 days-0.9%$259.78$257.49$263.17
2015-12-172016-04-18123 days-22.7%$95.56$73.85$96.55
2007-10-252013-07-122088 days-66.7%$48.00$15.98$48.39
2000-11-072006-11-152200 days-79.9%$41.36$8.32$41.39
2000-10-042000-11-0634 days-21.0%$40.60$32.06$41.36
2000-05-022000-06-2050 days-21.3%$32.45$25.53$32.59
2000-04-102000-05-0122 days-21.7%$31.04$24.29$32.45
2000-02-252000-03-2328 days-26.6%$26.41$19.39$26.46
1999-11-172000-02-0783 days-28.1%$19.00$13.67$19.13
1995-12-061999-05-101251 days-65.7%$8.79$3.02$8.98
1995-06-231995-11-10141 days-30.4%$7.97$5.55$8.14
1994-10-141995-03-17155 days-23.3%$4.55$3.49$4.62
1993-06-151994-10-11484 days-54.4%$4.35$1.98$4.43
1992-01-031993-05-19502 days-61.3%$4.02$1.55$4.11
1991-04-151991-12-26256 days-31.7%$3.66$2.50$3.71
1990-05-251991-03-07287 days-64.8%$2.97$1.05$3.13
1989-06-131990-02-28261 days-47.5%$1.73$0.91$1.78
1987-05-111989-05-15736 days-72.7%$1.58$0.43$1.60

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Adobe Inc. (ADBE) is trading at $220.78 as of Jul 14, 2026. It is 67.9% below its high of $688.37. The drawdown has lasted 1,693 days. Severity score: 12.1 (Historic).

ADBE Price History and Drawdown Data

Latest price

$220.78

High-water mark

$688.37

Current drawdown

-67.9%

Days in drawdown

1,693

This ADBE page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Adobe Inc. drawdowns.

What History Says About ADBE

Adobe Inc. has dropped 30%+ from its high 10 times in its tracked history. These events lasted an average of 821 days with an average max drop of -57.5%.

The current drawdown of -67.9% has lasted 1,693 days, which is 2.1x the average duration of comparable events.

PeriodMax DropDuration
Nov 2000 to Nov 2006-79.9%2200 days
May 1987 to May 1989-72.7%736 days
Oct 2007 to Jul 2013-66.7%2088 days
Dec 1995 to May 1999-65.7%1251 days
May 1990 to Mar 1991-64.8%287 days
Jan 1992 to May 1993-61.3%502 days

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