SAP SE
SAP Technology Software Application
SAP SE’s revenue for fiscal 2025 (year ended December 2025) was $41.6 billion, up 12.6% from fiscal 2024.
- Revenue
- +11.4%
- EPS
- +13.0%
- Free cash flow
- +12.2%
- Total debt
- +14.3%
Quarter to September 2026, against a year earlier
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SAP SE (SAP) P/B ratio
As of 5 November 2026, SAP SE (SAP) trades at a P/B ratio of 5.2×. Over the past ten years it has ranged from 2.0× (September 2022) to 7.7× (July 2025); the current reading is higher than 84% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 5.6× | (4.10%) |
| FY2024 | 5.8× | 55.22% |
| FY2023 | 3.7× | 38.47% |
| FY2022 | 2.7× | (19.93%) |
| FY2021 | 3.4× | (25.35%) |
| FY2020 | 4.5× | (2.72%) |
| FY2019 | 4.6× | 32.97% |
| FY2018 | 3.5× | (20.46%) |
| FY2017 | 4.4× | 18.04% |
| FY2016 | 3.7× | 1.43% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 4.5× | 32.73% |
| Jun 2026 | 3.4× | (9.93%) |
| Mar 2026 | 3.8× | (32.48%) |
| Dec 2025 | 5.6× | (9.74%) |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| CRM Salesforce, Inc. compare | 4.8× |
| UBER Uber Technologies, Inc. compare | 4.9× |
| INTU Intuit Inc. compare | 5.1× |
| SAP SAP SE | 5.2× |
| NOW ServiceNow, Inc. compare | 8.1× |
| ADBE Adobe Inc. compare | 8.2× |
| SHOP Shopify Inc. compare | 14.5× |
| ADP Automatic Data Processing, Inc. compare | 23.8× |
| SNOW Snowflake Inc. compare | 44.0× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.5× |
| 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 SAP
- 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