P/E ratio for Salesforce (CRM)
P/E ratio as of April 2024 (TTM): 169
According to Salesforce's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 168.894. At the end of 2022 the company had a P/E ratio of 474.
P/E ratio history for Salesforce from 2004 to 2023
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 36.4 | -78.44% | 🇺🇸 USA |
 Adobe ADBE | 42.4 | -74.87% | 🇺🇸 USA |
 Oracle ORCL | 33.4 | -80.21% | 🇺🇸 USA |
 SAP SAP | 33.6 | -80.11% | 🇩🇪 Germany |
 Intuit INTU | 71.6 | -57.62% | 🇺🇸 USA |
 ServiceSource SREV | N/A | N/A | 🇺🇸 USA |
 Pegasystems PEGA | -122 | -172.04% | 🇺🇸 USA |
 eGain EGAN | 91.5 | -45.84% | 🇺🇸 USA |
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.