According to Salesforce's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 156.82. At the end of 2022 the company had a P/E ratio of 474.
Year | P/E ratio | Change |
---|---|---|
2022 | 474 | 244.72% |
2021 | 137 | 141.98% |
2020 | 56.8 | -65.79% |
2019 | 166 | 33.28% |
2018 | 125 | -82.78% |
2017 | 723 | 227.34% |
2016 | 221 | -136.98% |
2015 | -597 | 413.48% |
2014 | -116 | -50.48% |
2013 | -235 | 154.27% |
2012 | -92.4 | -102.73% |
2011 | > 1000 | 1360.41% |
2010 | 232 | 88.35% |
2009 | 123 | 19.07% |
2008 | 103 | -83.53% |
2007 | 627 | 3.19% |
2006 | 608 | 373.87% |
2005 | 128 | -39.46% |
2004 | 212 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.