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Salesforce CRM Price / book

Price / book at other companies

Microsoft logo
MicrosoftMSFT
6.6×-2.0×
Adobe logo
AdobeADBE
9.1×-6.3×
PTC logo
PTCPTC
4.4×-1.1×
MicroStrategy logo
MicroStrategyMSTR
1.2×-1.2×
Oracle logo
OracleORCL
10.9×-16.9×
Shopify logo
ShopifySHOP
12.4×+1.2×

Other financials

Income statement

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Revenue$11.1B+13.3%
Gross profit$8.6B+13.2%
Operating income$2.3B+20.8%
Net income$2.1B+36.7%
EPS (diluted)$2.42+52.2%

Balance sheet

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Cash & equivalents$8.9B-18.2%
Total debt$42.5B+254%
Total equity$34.2B-43.6%
Total assets$106.68B+8.2%

Cash flow

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Operating cash flow$6.7B+3.5%
CapEx$145.0M-19.0%
Free cash flow$6.6B+4.1%

Valuation

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Market cap$126.96B-43.1%
Enterprise value$160.57B-30.2%
P/E15.8×-20.2×
P/S-2.8×

Profitability

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Gross margin77.6%+0.3pp
Operating margin20.4%+1.1pp
Net margin18.7%+2.7pp

Returns & leverage

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Return on equity16.9%+6.6pp
Debt / equity1.2×+1.0×
Current ratio0.8×-0.3×

Where this comes from

Calculated from Salesforce’s reported figures.

Based on the most recent quarter.

The official record: Salesforce’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Salesforce's price / book?
Salesforce (CRM) reported price / book of 4.2× in Q1 2026.
How has Salesforce's price / book changed year-over-year?
Salesforce's price / book increased by 0.8% year-over-year, from 4.2× to 4.2×.
What is the long-term trend for Salesforce's price / book?
Over 4 years (2022 to 2026), Salesforce's price / book has grown at a -4.3% compound annual growth rate (CAGR), from 18.7× to 15.7×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.