Is Salesforce Stock a Buy, Sell or Hold at a P/E Multiple of 25.96X?
salesforce(CRM) ZACKS·2024-10-04 00:16
Salesforce, Inc. (CRM) is currently trading at an attractive valuation, with its forward 12-month price-to-earnings (P/E) ratio at 25.96, which is lower than the Zacks Computer – Software industry average of 31.71. While this makes Salesforce seem like a bargain compared to its peers, there are important factors that investors must consider to understand the stock’s potential.Salesforce's price-to-sales (P/S) ratio also trades at a discount to the industry and sector averages. Given CRM’s attractive valuati ...