Salesforce, Inc. CRM

234.02 (4.20) (1.76%) as of 25 Sep
Market cap
$194.9B
P/E
21.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Salesforce, Inc. (CRM) P/B ratio

As of 25 September 2026, Salesforce, Inc. (CRM) trades at a P/B ratio of 5.0×. Over the past ten years it has ranged from 2.2× (December 2022) to 11.7× (April 2015); the current reading is higher than 49% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

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

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 49

P/B ratio against peers

Company P/B ratio
SAP SAP SE compare 4.6×
CRM Salesforce, Inc. 5.0×
UBER Uber Technologies, Inc. compare 5.0×
ADBE Adobe Inc. compare 7.9×
NOW ServiceNow, Inc. compare 11.2×
SHOP Shopify Inc. compare 14.5×
ADP Automatic Data Processing, Inc. compare 17.6×
DDOG Datadog, Inc. compare 21.9×
SNOW Snowflake Inc. compare 54.6×
Software Application industry median 3.0×
Technology sector median 3.0×
Market median 1.8×

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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