Salesforce forward PE CRM

Share price divided by analysts' consensus earnings for the next twelve months, since 2004.

Today, Oct 23, 2026: 16.9×
10-year median: 57.1×
Against its 10-year history: 7th; percentile: 0 is its lowest day, 100 its highest
10-year range: 10.8× to 83.8×
Peer median: 24.8×

Salesforce's forward PE is 16.9× as of Oct 23, 2026.

That is below its ten-year median of 57.1×, lower than on 93% of days in the last ten years.

Over that time it ranged from 10.8× in Jun 2026 to 83.8× in Nov 2021.

The median for 10 application software stocks of a similar size is 24.8×.

Forward PE over time

median 57.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	16.9×	10.8×	20.2×
2025	20.6×	18.5×	31.6×
2024	31.3×	23.3×	33.5×
2023	27.9×	20.3×	28.2×
2022	19.1×	18.5×	58.5×
2021	64.2×	59.9×	83.8×
2020	63.7×	47.0×	81.7×
2019	61.9×	55.8×	71.9×
2018	58.4×	53.3×	74.3×
2017	57.4×	57.4×	74.3×
2016	62.2×	62.2×	94.1×
2015	101×	89.5×	113×
2014	101×	91.8×	163×
2013	140×	107×	155×
2012	105×	68.3×	108×
2011	68.5×	66.2×	122×
2010	110×	54.8×	124×
2009	68.3×	45.2×	69.0×
2008	60.5×	42.9×	271×
2007	268×	200×	285×

Against its peers

Companies in Software - Application nearest Salesforce's size, closest first, today.

Company	Forward PE
CRMSalesforce	16.9×
SHOPShopify	n/m
NOWServiceNow	35.1×
UBERUber Technologies	17.3×
ADPAutomatic Data Processing	24.8×
SNOWSnowflake	128×
ADBEAdobe	9.8×
DDOGDatadog	101×
INTUIntuit	14.9×
CDNSCadence Design Systems	36.9×
APPAppLovin	14.4×
Peer median	24.8×

Where Salesforce ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Salesforce

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.