As at Apr 26, 2024, the CRM stock has a price-to-earnings ratio of 64.54. This is based on the current EPS of $4.25 and the stock price of $274.29 per share. A decrease of 68% has been recorded in the P/E ratio compared to the average of 200.9 of the last 4 quarters.
The mean historical PE ratio of Salesforcecom over the last eight years is 249.53. The current 64.54 PE ratio is 74% 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 stock PEGA, but it is greater than MSFT's and ORCL's. Salesforcecom's current PE ratio of 64.54 is above the average of its peers, which is 44.77.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EGAN EGAIN Corp | 27.17 | $195.02M |
| ORCL Oracle Corp | 30.13 | $322.15B |
| MSFT Microsoft Corp | 35.06 | $3.02T |
| ADBE Adobe Inc | 45.4 | $213.95B |
| INTU Intuit Inc | 64.43 | $178.22B |
| CRM Salesforcecom Inc | 64.54 | $266.06B |
| PEGA Pegasystems Inc | 66.45 | $5.25B |
The price to earnings ratio for CRM stock as of Apr 26, 2024, stands at 64.54.
Over the last 3 years, the average price to earnings ratio for CRM stock is 267.14.
Over the last 5 years, the average price to earnings ratio for CRM stock is 262.97.
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 74% 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 (Apr 26, 2024), Salesforcecom's stock price is $274.29. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $4.25. Therefore, Salesforcecom's P/E ratio for today is 64.54. PE RATIO(64.54) = STOCK PRICE($274.29) / TTM EPS($4.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.