P/E ratio for Salesforce (CRM)
P/E ratio as of March 2023 (TTM): 898
According to Salesforce's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 898.476. 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 |
|---|---|---|
| 2021 | 137 | 141.98% |
| 2020 | 56.8 | -65.79% |
| 2019 | 166 | 33.28% |
| 2018 | 125 | -98.78% |
| 2017 | > 1000 | 4529.17% |
| 2016 | 221 | -136.98% |
| 2015 | -597 | 413.48% |
| 2014 | -116 | -50.48% |
| 2013 | -235 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 30.4 | -96.62% | 🇺🇸 USA |
 Adobe ADBE | 36.9 | -95.89% | 🇺🇸 USA |
 Oracle ORCL | 26.5 | -97.05% | 🇺🇸 USA |
 SAP SAP | 41.7 | -95.35% | 🇩🇪 Germany |
 Intuit INTU | 61.3 | -93.18% | 🇺🇸 USA |
 ServiceSource SREV | N/A | N/A | 🇺🇸 USA |
 Pegasystems PEGA | -11.2 | -101.25% | 🇺🇸 USA |
 eGain EGAN | -137 | -115.22% | 🇺🇸 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.