Salesforce
CRM
#59
Rank
$151.47 B
Marketcap
$151.48
Share price
-2.56%
Change (1 day)
-44.97%
Change (1 year)

P/E ratio for Salesforce (CRM)

P/E ratio as of October 2022 (TTM): 283

According to Salesforce's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 282.655. At the end of 2021 the company had a P/E ratio of 137.

P/E ratio history for Salesforce from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021137141.98%
202056.8-65.79%
201916633.28%
2018125-98.78%
2017> 10004529.17%
2016221-136.98%
2015-597413.48%
2014-116-50.48%
2013-235

How to read a P/E ratio?

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.