As at Jul 25, 2024, the CRM stock has a price-to-earnings ratio of 45.56. This is based on the current EPS of $5.63 and the stock price of $256.52 per share. A decrease of 45% has been recorded in the P/E ratio compared to the average of 82.3 of the last 4 quarters.
The mean historical PE ratio of Salesforcecom over the last eight years is 243.02. The current 45.56 PE ratio is 81% below the historical average. In the past eight years, CRM's PE ratio was at its highest in the Jan 2020 quarter at 1,215.4, with a price of $182.31 and an EPS of $0.15. The Apr 2021 quarter recorded the bottom point at 47.2, with a price of $230.32 and an EPS of $4.88.
Maximum annual increase: 1,083.68% in 2020
Maximum annual decrease: -95.86% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 66.14 | -91.73% |
| 2023 | 799.86 | 419.19% |
| 2022 | 154.06 | 205.98% |
| 2021 | 50.35 | -95.86% |
| 2020 | 1,215.4 | 1,083.68% |
| 2019 | 102.68 | -54.93% |
| 2018 | 227.82 | 35.37% |
| 2017 | 168.3 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
The current PE ratio of CRM is lower than the 3, 5 and 10-year averages.
CRM's PE ratio is lower than its peer stocks ADBE and INTU, but it is greater than MSFT's and ORCL's. Salesforcecom's current PE ratio of 45.56 is comparable to the average of its peer group, which is 46.02.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EGAN EGAIN Corp | 25.9 | $224M |
| ORCL Oracle Corp | 36.39 | $383.09B |
| MSFT Microsoft Corp | 36.7 | $3.16T |
| PEGA Pegasystems Inc | 42.61 | $5.71B |
| CRM Salesforcecom Inc | 46.66 | $254.57B |
| ADBE Adobe Inc | 48.48 | $240.52B |
| INTU Intuit Inc | 57.76 | $177.12B |
The price to earnings ratio for CRM stock as of Jul 25, 2024, stands at 45.56.
Over the last 3 years, the average price to earnings ratio for CRM stock is 267.19.
Over the last 5 years, the average price to earnings ratio for CRM stock is 259.79.
The highest quarterly PE ratio in the last eight years has been 1,215.4 and it was in the Jan 2020 quarter.
CRM's current price to earnings ratio is 81% below its 8-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Salesforcecom's stock price is $256.52. The earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $5.63. Therefore, Salesforcecom's P/E ratio for today is 45.56. PE RATIO(45.56) = STOCK PRICE($256.52) / TTM EPS($5.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.