ADBE Stock Discount Reflects Investor Skepticism Despite Strong Margins
Adobe shares trade at a 49% discount to the S&P 500 median P/E after a 41% decline from its 52-week high. Adobe’s stock has fallen 41% from its 52-week high, trading at 12.3 times earnings compared to the S&P 500 median of 24.2. The discount reflects investor concerns over