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.

224.29 0.71 −0.32%
Market cap
$259.7B
P/E
28.1×
Fwd P/E
22.7×
Dividend yield
1.31%
F-score
8/9
Altman Z
7.90
Beneish M
−2.54
Dividend safety
82/100

SAP SE (SAP) P/E ratio

Alert me on 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

Against its own ten years

Low 18.3× High 102×
Ten-year median 28.2×
Current reading's percentile 44

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)

The full definition of P/E ratio →

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