Salesforce, Inc.

BVL:CRMUS Stock Report

Market Cap: US$135.9b

Salesforce Valuation

Is CRMUS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CRMUS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CRMUS ($165.81) is trading below our estimate of future cash flow value ($237.47)

Significantly Below Future Cash Flow Value: CRMUS is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRMUS?

Key metric: As CRMUS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CRMUS. This is calculated by dividing CRMUS's market cap by their current earnings.
What is CRMUS's PE Ratio?
PE Ratio16.9x
EarningsUS$8.02b
Market CapUS$135.86b

Price to Earnings Ratio vs Peers

How does CRMUS's PE Ratio compare to its peers?

The above table shows the PE ratio for CRMUS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.2x
SAP SAP
22.4x14.91%€163.8b
CDNS Cadence Design Systems
90.7x14.74%US$106.2b
ADBE Adobe
11.4x9.60%US$82.5b
SNPS Synopsys
112.4x31.17%US$86.9b
CRMUS Salesforce
16.9x8.74%US$135.9b

Price-To-Earnings vs Peers: CRMUS is good value based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (59.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does CRMUS's PE Ratio compare vs other companies in the Global Software Industry?

39 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CRMUS 16.9xIndustry Avg. 22.3xNo. of Companies122PE020406080100+
39 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CRMUS is good value based on its Price-To-Earnings Ratio (16.9x) compared to the Global Software industry average (22.3x).

Price to Earnings Ratio vs Fair Ratio

What is CRMUS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRMUS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CRMUS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CRMUS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$165.81
US$255.28
+53.96%
23.51%US$475.00US$160.00n/a52
Jun ’27US$208.97
US$255.27
+22.16%
23.37%US$475.00US$160.00n/a53
May ’27US$174.41
US$268.25
+53.81%
21.50%US$475.00US$190.00n/a53
Apr ’27US$187.34
US$273.85
+46.18%
21.43%US$475.00US$190.00n/a53
Mar ’27US$193.83
US$282.17
+45.58%
21.92%US$475.00US$190.00n/a53
Feb ’27US$212.15
US$328.52
+54.85%
15.87%US$475.00US$223.00n/a53
Jan ’27US$264.22
US$330.06
+24.92%
16.24%US$475.00US$223.00n/a53
Dec ’26US$232.10
US$327.81
+41.24%
16.36%US$430.00US$221.00n/a51
Nov ’26US$258.81
US$331.81
+28.21%
15.50%US$430.00US$221.00n/a51
Oct ’26US$234.74
US$334.87
+42.66%
15.25%US$430.00US$221.00n/a51
Sep ’26US$254.56
US$344.62
+35.38%
14.09%US$440.00US$225.00n/a51
Aug ’26US$261.64
US$351.45
+34.33%
12.69%US$440.00US$225.00n/a52
Jul ’26US$271.45
US$350.30
+29.05%
12.87%US$440.00US$225.00n/a53
Jun ’26US$257.92
US$354.17
+37.32%
13.62%US$442.00US$225.00US$208.9751
May ’26US$242.00
US$361.12
+49.22%
14.83%US$442.00US$200.00US$174.4149
Apr ’26US$273.00
US$373.38
+36.77%
12.61%US$442.00US$243.00US$187.3450
Mar ’26US$293.81
US$379.68
+29.23%
12.50%US$442.00US$243.00US$193.8348
Feb ’26US$344.00
US$397.04
+15.42%
11.01%US$450.00US$247.00US$212.1547
Jan ’26US$343.70
US$397.32
+15.60%
10.16%US$450.00US$286.00US$264.2247
Dec ’25US$333.20
US$348.94
+4.72%
13.45%US$450.00US$236.00US$232.1045
Nov ’25US$298.50
US$314.42
+5.33%
10.80%US$415.00US$236.00US$258.8144
Oct ’25US$273.20
US$309.68
+13.35%
9.96%US$390.00US$236.00US$234.7445
Sep ’25US$261.00
US$308.19
+18.08%
10.15%US$390.00US$236.00US$254.5645
Aug ’25US$259.00
US$300.19
+15.90%
11.91%US$390.00US$230.00US$261.6445
Jul ’25US$255.70
US$300.19
+17.40%
11.91%US$390.00US$230.00US$271.4545
Jun ’25US$229.80
US$302.22
+31.52%
12.27%US$390.00US$230.00US$257.9246
US$255.15
Fair Value
35.0% undervalued intrinsic discount
52
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 16:41
End of Day Share Price 2026/06/12 00:00
Earnings2026/04/30
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Salesforce, Inc. is covered by 79 analysts. 52 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kadambari DaptardarAccountability Research Corporation
Adam ShepherdArete Research Services LLP
Joseph BonnerArgus Research Company