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Salesforce (Salesforce) Forward PE Ratio

: 27.83 (As of Today)
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Salesforce's Forward PE Ratio for today is 27.83.

Salesforce's PE Ratio without NRI for today is 37.31.

Salesforce's PE Ratio for today is 64.37.


Salesforce Forward PE Ratio Historical Data

The historical data trend for Salesforce's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salesforce Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
138.89 54.35 58.82 48.78 52.91 63.29 55.25 23.04 27.78 30.30

Salesforce Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 138.89 80.65 77.52 76.92 54.35 64.10 66.67 70.92 58.82 57.14 67.11 79.37 48.78 57.47 58.82 59.17 52.91 45.87 62.11 71.94 63.29 61.35 69.44 80.65 55.25 45.25 39.22 31.35 23.04 28.01 28.41 25.64 27.78 30.96

Competitive Comparison

For the Software - Application subindustry, Salesforce's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salesforce Forward PE Ratio Distribution

For the Software industry and Technology sector, Salesforce's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Salesforce's Forward PE Ratio falls into.



Salesforce Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Salesforce  (NYSE:CRM) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Salesforce Forward PE Ratio Related Terms

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Salesforce (Salesforce) Business Description

Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Executives
Brian Millham officer: President and COO 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 90403
Sundeep G. Reddy officer: EVP & Chief Accounting Officer 6555 NORTH STATE HWY 161, IRVING TX 75039
Srinivas Tallapragada officer: President, Technology THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Amy E Weaver officer: EVP, General Counsel THE LANDMARK @ ONE MARKET STREET #300, SAN FRANCISCO CA 94105
Parker Harris director, officer: Co-Founder and CTO THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Marc Benioff director, officer: Chairman of the Board & CEO 50 FREMONT STREET, SAN FRANCISCO CA 94105
Brent Hyder officer: President/Chief People Officer 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Miguel Milano officer: President and CRO 415 MISSION ST, 3RD FLOOR, SAN FRANCISCO CA 94105
Sabastian Niles officer: President and CLO 415 MISSION ST, 3RD FLOOR, SAN FRANCISCO CA 94105
Neelie Kroes director VAN BRONCKHORSTLAAN, 2242 PZ WASSENAAR, NETHERLANDS P8 99999
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
J. Mehra Sachin director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
G Mason Morfit director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Ii, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129

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