Based on the provided data and recent market analysis, here are 5 key points about CRM's valuation:
Salesforce currently trades at a P/E ratio of 66.87, showing significant improvement from its FY2023 P/E of 805.11, indicating better earnings efficiency.
The company's EV/EBITDA multiple of 26.94 is lower than previous years, suggesting improved operational efficiency while still reflecting growth expectations.
Despite recent stock underperformance compared to the S&P 500's 22.8% gain, CRM maintains strong fundamentals with projected EPS growth of 23.4% to $7.48 for fiscal 2025.
The stock trades at 7.94x sales (P/S ratio), which is higher than ideal but justified by the company's market leadership position and consistent revenue growth.
With 33 out of 45 analysts rating it a "Strong Buy" and a mean price target of $397.81 (20.3% upside potential), the current valuation appears reasonable given CRM's growth trajectory and market position.