Salesforce (WBO:CRM) Price-to-Tangible-Book : 47.51 (As of Apr. 25, 2024)

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What is Salesforce Price-to-Tangible-Book?

As of today (2024-04-25), Salesforce's share price is €258.15. Salesforce's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was €5.43. Hence, Salesforce's Price to Tangible Book Ratio of today is 47.51.

The historical rank and industry rank for Salesforce's Price-to-Tangible-Book or its related term are showing as below:

WBO:CRM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 18.74 Med: 54.64 Max: 858.59
Current: 46.65

During the past 13 years, Salesforce's highest Price to Tangible Book Ratio was 858.59. The lowest was 18.74. And the median was 54.64.

WBO:CRM's Price-to-Tangible-Book is ranked worse than
95.69% of 2089 companies
in the Software industry
Industry Median: 3.6 vs WBO:CRM: 46.65

A closely related ratio is called PB Ratio. As of today, Salesforce's share price is €258.15. Salesforce's Book Value per Sharefor the quarter that ended in Jan. 2024 was €56.39. Hence, Salesforce's P/B Ratio of today is 4.58.

Salesforce Price-to-Tangible-Book Historical Data

The historical data trend for Salesforce's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salesforce Price-to-Tangible-Book Chart

Salesforce Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Price-to-Tangible-Book

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40.21

18.90

186.94

60.77

48.10

Salesforce Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															60.77	87.48	66.00	51.97	48.10

Competitive Comparison of Salesforce's Price-to-Tangible-Book

For the Software - Application subindustry, Salesforce's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Salesforce's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Salesforce's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Salesforce's Price-to-Tangible-Book falls into.

Salesforce Price-to-Tangible-Book Calculation

Salesforce's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	258.15	/	5.434
	=	47.51

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Salesforce Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Salesforce's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Salesforce (WBO:CRM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105

Website

https://www.salesforce.com

Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.