Salesforce, Inc.
CRM Technology Software Application
Salesforce, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $41.5 billion, up 9.58% from fiscal 2025. In the quarter to July 2026, revenue grew 10.8%, EPS grew 118.3%, free cash flow grew 81.5% and total debt rose 365.7%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for three consecutive years, revenue growth for ten, operating cash flow growth for ten; insiders bought in the last twelve months.
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Salesforce, Inc. (CRM) P/B ratio
As of 16 October 2026, Salesforce, Inc. (CRM) trades at a P/B ratio of 5.1×. Over the past ten years it has ranged from 2.2× (December 2022) to 11.7× (April 2015); the current reading is higher than 52% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2026 | 3.4× | (36.98%) |
| FY2025 | 5.4× | 17.07% |
| FY2024 | 4.6× | 60.76% |
| FY2023 | 2.9× | (25.29%) |
| FY2022 | 3.8× | (23.56%) |
| FY2021 | 5.0× | 12.09% |
| FY2020 | 4.5× | (39.01%) |
| FY2019 | 7.3× | (6.83%) |
| FY2018 | 7.8× | 8.18% |
| FY2017 | 7.3× | (19.84%) |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jul 2026 | 3.9× | (12.15%) |
| Apr 2026 | 4.5× | 32.18% |
| Jan 2026 | 3.4× | (17.67%) |
| Oct 2025 | 4.1× | 2.14% |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| SAP SAP SE compare | 4.9× |
| UBER Uber Technologies, Inc. compare | 5.1× |
| CRM Salesforce, Inc. | 5.1× |
| ADBE Adobe Inc. compare | 8.2× |
| NOW ServiceNow, Inc. compare | 11.7× |
| SHOP Shopify Inc. compare | 17.3× |
| ADP Automatic Data Processing, Inc. compare | 19.3× |
| DDOG Datadog, Inc. compare | 20.2× |
| SNOW Snowflake Inc. compare | 49.7× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on CRM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement