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

234.67 8.86 −3.64%
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/S ratio

Alert me on P/S ratio

As of 5 November 2026, SAP SE (SAP) trades at a P/S ratio of 6.1×. Over the past ten years it has ranged from 2.8× (September 2022) to 9.6× (June 2025); the current reading is higher than 83% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 6.8× (12.37%)
FY2024 7.8× 49.57%
FY2023 5.2× 38.76%
FY2022 3.7× (25.48%)
FY2021 5.0× 1.70%
FY2020 4.9× (4.80%)
FY2019 5.2× 27.27%
FY2018 4.1× (14.60%)
FY2017 4.8× 7.40%
FY2016 4.4× 8.31%

Quarterly newest first

Period P/S ratio Change
Sep 2026 5.2× 31.36%
Jun 2026 4.0× (13.24%)
Mar 2026 4.6× (32.44%)
Dec 2025 6.8× (11.72%)
43 more quarters

Against its own ten years

Low 2.8× High 9.6×
Ten-year median 4.8×
Current reading's percentile 82

P/S ratio against peers

Company P/S ratio
UBER Uber Technologies, Inc. compare 2.5×
ADBE Adobe Inc. compare 3.7×
CRM Salesforce, Inc. compare 4.2×
INTU Intuit Inc. compare 4.6×
ADP Automatic Data Processing, Inc. compare 5.4×
SAP SAP SE 6.1×
NOW ServiceNow, Inc. compare 6.9×
SHOP Shopify Inc. compare 13.1×
SNOW Snowflake Inc. compare 17.4×
Software Application industry median 3.0×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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