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

243.68 3.64 +1.52%
Market cap
$274.9B
P/E
29.5×
Fwd P/E
29.2×
Dividend yield
1.20%
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 5 November 2026, SAP SE (SAP) trades at a P/E ratio of 29.5×. Over the past ten years it has ranged from 18.3× (July 2026) to 110× (December 2024); the current reading is higher than 57% of that period. That is above the Software Application industry median of 25.9× and above the Technology sector median of 25.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 34.2× (59.98%)
FY2024 85.5× 222.07%
FY2023 26.5× (47.16%)
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
Sep 2026 25.3× 31.00%
Jun 2026 19.3× (16.18%)
Mar 2026 23.0× (32.74%)
Dec 2025 34.2× (13.96%)
43 more quarters

Against its own ten years

Low 18.3× High 110×
Ten-year median 28.3×
Current reading's percentile 53

P/E ratio against peers

Company P/E ratio
SNOW Snowflake Inc. compare n/m
ADBE Adobe Inc. compare 13.7×
CRM Salesforce, Inc. compare 20.2×
INTU Intuit Inc. compare 21.4×
ADP Automatic Data Processing, Inc. compare 27.1×
SAP SAP SE 29.5×
UBER Uber Technologies, Inc. compare 39.7×
NOW ServiceNow, Inc. compare 73.1×
SHOP Shopify Inc. compare 87.9×
Software Application industry median 25.9×
Technology sector median 25.7×
Market median 17.9×

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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