CRMSalesforce

$233.97

Is the price fair?

What CRM's price assumes

Salesforce trades at 27.1× earnings against 32.3× for the median Software - Application name, cheaper than its own group.

27.1

Trailing P/E · Software - Application median 32.3 · cheaper than the typical name in its group

Price / sales
3.58

Price / sales · as of 2026-Q2

Free cash flow yield
12%

Free cash flow yield · Software - Application median 6.7%

Growth the price implies
−5.9%

Growth the price implies · The price pays for −5.9% free cash flow growth a year for a decade; the business has delivered +28% a year over the last three.

Details
Price / book2026-Q2
4.48
EV / EBIT2026-Q2
21.0
EV / sales2026-Q2
4.29
Technology median P/E376 names
37.0
Software - Application median P/E93 names
32.3
Free cash flow, trailing twelve months
$14.7B
Market capitalisation
$124.3B
3-year revenue growth
+10.0%
3-year free cash flow growth
+28%
CRM has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 29.8× today against a 63.4× median
52-week range$150.12 – $264.88
Today$233.97

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.