Salesforce Inc (CRM) valuation
Salesforce P/E ratio history
Salesforce trades at 20.9 times its earnings over the last twelve months and 14.0 times the earnings analysts expect over the next twelve. At its last 7 fiscal year ends its P/E ranged from 27.2 (year to Jan 2026) to 237.3 (year to Jan 2018), with a median of 66.9.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Jan 31, 2026 | $212.29 | $7.80 | 27.2 | 16.6 |
| Jan 31, 2025 | $341.70 | $6.36 | 53.7 | 31.3 |
| Jan 31, 2024 | $281.09 | $4.20 | 66.9 | 30.5 |
| Jan 31, 2023 | $167.97 | $0.21 | n/m | 30.2 |
| Jan 31, 2022 | $232.63 | $1.48 | 157.2 | 50.7 |
| Jan 31, 2021 | $225.56 | $4.38 | 51.5 | — |
| Jan 31, 2020 | $182.31 | — | n/m | — |
| Jan 31, 2019 | $151.97 | $1.44 | 105.5 | — |
| Jan 31, 2018 | $113.91 | $0.48 | 237.3 | — |
| Jan 31, 2017 | $79.10 | — | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Salesforce valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| SalesforceCRM | $188B | 20.9 | 14.0 | 4.3 |
| SnowflakeSNOW | $106B | — | 116.6 | 19.5 |
| AdobeADBE | $99.5B | 14.0 | 9.4 | 3.8 |
| IntuitINTU | $93.3B | 20.7 | 14.3 | 4.4 |
| Cadence Design SystemsCDNS | $90.3B | 65.2 | 34.6 | 14.7 |
| SynopsysSNPS | $89.5B | 81.9 | 26.4 | 9.5 |
| DatadogDDOG | $83.7B | 470.5 | 85.4 | 21.1 |
| Palantir TechnologiesPLTR | $441B | 157.4 | 93.2 | 71.7 |
| AppLovinAPP | $76.8B | 17.6 | 12.3 | 11.2 |
| Peer median | 65.2 | 30.5 | 13.0 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: CRM financials · CRM returns
No forecast, no recommendation. This page describes Salesforce Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.