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.

240.70 6.04 −2.45%
Market cap
$203.1B
P/E
21.9×
Fwd P/E
22.8×
Dividend yield
0.72%
F-score
7/9
Altman Z
3.07
Beneish M
−2.66
Dividend safety
74/100

Salesforce, Inc. (CRM) P/B ratio

Alert me on 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

Against its own ten years

Low 2.2× High 11.7×
Ten-year median 5.1×
Current reading's percentile 56

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))

The full definition of P/B ratio →

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