Salesforce
CRM
#36
Rank
$262.25 B
Marketcap
$270.37
Share price
-0.57%
Change (1 day)
35.84%
Change (1 year)

P/E ratio for Salesforce (CRM)

P/E ratio as of April 2024 (TTM): 168

According to Salesforce's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 167.932. 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
2022474244.72%
2021137141.98%
202056.8-65.79%
201916633.28%
2018125-82.78%
2017723227.34%
2016221-136.98%
2015-597413.48%
2014-116-50.48%
2013-235154.27%
2012-92.4-102.73%
2011> 10001360.41%
201023288.35%
200912319.07%
2008103-83.53%
20076273.19%
2006608373.87%
2005128-39.46%
2004212

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.0-78.59%๐Ÿ‡บ๐Ÿ‡ธ USA
41.7-75.17%๐Ÿ‡บ๐Ÿ‡ธ USA
33.1-80.29%๐Ÿ‡บ๐Ÿ‡ธ USA
33.0-80.32%๐Ÿ‡ฉ๐Ÿ‡ช Germany
71.2-57.60%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-120-171.47%๐Ÿ‡บ๐Ÿ‡ธ USA
92.2-45.08%๐Ÿ‡บ๐Ÿ‡ธ 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.