Microsoft Corp (MSFT) valuation
Microsoft P/E ratio history
Microsoft trades at 27.3 times its earnings over the last twelve months and 24.8 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 20.8 (year to Jun 2026) to 46.7 (year to Jun 2018), with a median of 34.4.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Jun 30, 2026 | $373.02 | $17.95 | 20.8 | 20.3 |
| Jun 30, 2025 | $497.41 | $13.64 | 36.5 | 33.8 |
| Jun 30, 2024 | $446.95 | $11.80 | 37.9 | 37.0 |
| Jun 30, 2023 | $340.54 | $9.68 | 35.2 | 32.0 |
| Jun 30, 2022 | $256.83 | $9.65 | 26.6 | 24.7 |
| Jun 30, 2021 | $270.90 | $8.05 | 33.7 | — |
| Jun 30, 2020 | $203.51 | $5.75 | 35.4 | — |
| Jun 30, 2019 | $133.96 | $5.07 | 26.4 | — |
| Jun 30, 2018 | $98.61 | $2.11 | 46.7 | — |
| Jun 30, 2017 | $68.93 | $3.25 | 21.2 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Microsoft valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| MicrosoftMSFT | $3.88T | 27.3 | 24.8 | 11.2 |
| OracleORCL | $376B | 20.5 | 14.7 | 5.2 |
| Palo Alto NetworksPANW | $298B | — | 87.3 | 26.0 |
| SAPSAP | $273B | 30.4 | — | 6.2 |
| CrowdStrike HoldingsCRWD | $255B | — | 174.7 | 47.3 |
| ShopifySHOP | $204B | 105.7 | 72.1 | 15.4 |
| ServiceNowNOW | $109B | 75.6 | 22.2 | 7.0 |
| FortinetFTNT | $99.7B | 44.3 | 35.9 | 13.2 |
| Thomson ReutersTRI | $51.6B | 31.2 | 26.0 | 6.6 |
| Peer median | 37.8 | 35.9 | 10.1 |
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: MSFT financials · MSFT returns
No forecast, no recommendation. This page describes Microsoft Corp 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.