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. In the quarter to June 2026, revenue grew 12.1%, EPS grew 33.3%, free cash flow grew 15.7% and total debt rose 14.7%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three.
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SAP SE (SAP) P/E ratio
As of 16 October 2026, SAP SE (SAP) trades at a P/E ratio of 28.1×. Over the past ten years it has ranged from 18.3× (July 2026) to 102× (February 2025); the current reading is higher than 49% of that period. That is above the Software Application industry median of 25.4× and in line with the Technology sector median of 28.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 34.2× | (59.98%) |
| FY2024 | 85.5× | 233.51% |
| FY2023 | 25.6× | (48.97%) |
| FY2022 | 50.2× | 88.94% |
| FY2021 | 26.6× | 2.36% |
| FY2020 | 26.0× | (39.71%) |
| FY2019 | 43.1× | 73.55% |
| FY2018 | 24.8× | (14.74%) |
| FY2017 | 29.1× | 12.35% |
| FY2016 | 25.9× | (7.61%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 19.3× | (16.18%) |
| Mar 2026 | 23.0× | (32.74%) |
| Dec 2025 | 34.2× | (13.96%) |
| Sep 2025 | 39.8× | (20.50%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| SNOW Snowflake Inc. compare | n/m |
| ADBE Adobe Inc. compare | 13.7× |
| UBER Uber Technologies, Inc. compare | 15.2× |
| CRM Salesforce, Inc. compare | 21.9× |
| ADP Automatic Data Processing, Inc. compare | 26.3× |
| SAP SAP SE | 28.1× |
| NOW ServiceNow, Inc. compare | 88.0× |
| SHOP Shopify Inc. compare | 114× |
| DDOG Datadog, Inc. compare | 485× |
| Software Application industry median | 25.4× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)