SAP SE, is a German software company based in Walldorf (Baden-Württemberg). SAP is the largest European and the third largest listed software company in terms of sales.
P/E ratio for SAP (SAP)
P/E ratio as of June 2023 (TTM): 72.6
According to SAP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 72.6148. At the end of 2021 the company had a P/E ratio of 27.1.
P/E ratio history for SAP from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 27.1 | 6.22% |
| 2020 | 25.5 | -40.89% |
| 2019 | 43.1 | 72.98% |
| 2018 | 24.9 | |
| 2015 | 27.9 | |
| 2013 | 23.2 | -10.86% |
| 2012 | 26.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 35.0 | -51.86% | 🇺🇸 USA |
 Adobe ADBE | 41.1 | -43.35% | 🇺🇸 USA |
 Oracle ORCL | 33.6 | -53.69% | 🇺🇸 USA |
 IBM IBM | 66.9 | -7.93% | 🇺🇸 USA |
 Electronic Arts EA | 33.8 | -53.39% | 🇺🇸 USA |
 Intuit INTU | 61.3 | -15.58% | 🇺🇸 USA |
 Salesforce CRM | 735 | 911.85% | 🇺🇸 USA |
 Ericsson ERIC | 10.5 | -85.52% | 🇸🇪 Sweden |
 Vmware VMW | 42.5 | -41.41% | 🇺🇸 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.