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SAP SE (SAP) PE Ratio: 20.06

Is SAP SE’s P/E ratio high or low?

SAP SE's P/E ratio of 20.06 is 56% below its 5-year average of 45.36, near the low end of its 5-year range (17.65–114.98).

As of Tuesday, June 23, 2026. 44.38% below its 12-month average of 36.07.

PE Ratio (20.06) = Close Price ($149.51) / Diluted TTM EPS ($7.45)

SAP PE Ratio Chart

SAP PE Ratio
20.06-63.88% 1Y
Zoom

SAP Average PE Ratio Chart

SAP Current vs Average PE Ratio Chart

SAP PE Ratio Metrics

PE RATIO

20.06

PE RATIO AVG TTM

36.07

PE RATIO AVG 3Y

54.19

PE RATIO AVG 5Y

44.24

PE RATIO AVG 10Y

32.05

PE RATIO AVG 15Y

27.66

PE RATIO AVG 20Y

26.39

CURRENT VS TTM AVG

-44.38%

CURRENT VS 3Y AVG

-62.98%

CURRENT VS 5Y AVG

-54.65%

CURRENT VS 10Y AVG

-37.41%

CURRENT VS 15Y AVG

-27.47%

CURRENT VS 20Y AVG

-23.99%

SAP Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
SAP SE (SAP)$174.21B20.0636.0754.1944.24
CrowdStrike Holdings, Inc. (CRWD)vs ›$171.94BN/A660.46661.40661.40
AppLovin Corporation (APP)vs ›$157.69B40.3363.58126.51154.81
Palo Alto Networks, Inc. (PANW)vs ›$195.18B249.04120.45121.87326.59
Uber Technologies, Inc. (UBER)vs ›$145.40B17.8114.8349.8149.81
Amphenol Corporation (APH)vs ›$204.17B47.6944.8038.5034.54
Arista Networks, Inc. (ANET)vs ›$206.52B59.7852.0745.3643.25
Shopify Inc. (SHOP)vs ›$140.12B105.86106.51178.51149.78
Analog Devices, Inc. (ADI)vs ›$216.99B66.1963.5052.6647.33
Salesforce, Inc. (CRM)vs ›$122.95B17.4031.4089.42176.21

P/E vs. its own history

At 20.1, P/E is cheaper than usual, sitting higher than 14% of its 20-year history.

20-year low

13.4

median

25.8

20-year high

115.0

cheaperricher

P/E Comparison

Trailing P/E

20.1

Forward P/E

17.4

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$149.51

÷

Forward EPS (Est.)

$8.62

=

Forward P/E

17.35

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

SAP SE PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

SAP SE PE Ratio FAQ

What is the P/E ratio for SAP SE (SAP)?
The P/E ratio for SAP stock is 20.06.
Is SAP SE's P/E ratio high or low?
SAP SE's P/E ratio of 20.06 is 56% below its 5-year average of 45.36, near the low end of its 5-year range (17.65–114.98).
What is the TTM average P/E ratio for SAP SE (SAP)?
The TTM average P/E ratio for SAP stock is 36.07.
What is the 3Y average P/E ratio for SAP SE (SAP)?
The 3Y average P/E ratio for SAP stock is 54.19.
What is the 5Y average P/E ratio for SAP SE (SAP)?
The 5Y average P/E ratio for SAP stock is 44.24.
What is the 10Y average P/E ratio for SAP SE (SAP)?
The 10Y average P/E ratio for SAP stock is 32.05.
What is the 15Y average P/E ratio for SAP SE (SAP)?
The 15Y average P/E ratio for SAP stock is 27.66.
What is the 20Y average P/E ratio for SAP SE (SAP)?
The 20Y average P/E ratio for SAP stock is 26.39.

SAP SE PE Ratio History

DATEPE RATIO
2026-06-2220.06
2026-06-1820.82
2026-06-1721.30
2026-06-1622.19
2026-06-1522.05
2026-06-1222.03
2026-06-1121.95
2026-06-1022.85
2026-06-0924.00
2026-06-0824.41
2026-06-0524.79
2026-06-0425.11
2026-06-0324.24
2026-06-0225.60
2026-06-0126.31
2026-05-2924.39
2026-05-2823.54
2026-05-2723.36
2026-05-2623.50
2026-05-2223.60
2026-05-2123.65
2026-05-2024.13
2026-05-1923.99
2026-05-1823.43
2026-05-1522.74
2026-05-1422.03
2026-05-1321.57
2026-05-1222.44
2026-05-1122.82
2026-05-0823.30
2026-05-0723.44
2026-05-0623.23
2026-05-0523.13
2026-05-0423.00
2026-05-0122.91
2026-04-3022.74
2026-04-2922.82
2026-04-2823.27
2026-04-2724.15
2026-04-2424.41
2026-04-2322.73
2026-04-2224.23
2026-04-2124.57
2026-04-2024.92
2026-04-1725.24
2026-04-1624.71
2026-04-1524.08
2026-04-1423.37
2026-04-1323.61
2026-04-1022.71
2026-04-0922.91
2026-04-0823.56
2026-04-0723.60
2026-04-0623.83
2026-04-0223.92
2026-04-0123.86
2026-03-3123.84
2026-03-3023.44
2026-03-2722.84
2026-03-2623.27
2026-03-2523.53
2026-03-2423.81
2026-03-2324.81
2026-03-2024.48
2026-03-1925.76
2026-03-1825.59
2026-03-1726.48
2026-03-1626.69
2026-03-1326.45
2026-03-1226.53
2026-03-1126.63
2026-03-1027.27
2026-03-0927.87
2026-03-0628.17
2026-03-0527.78
2026-03-0427.24
2026-03-0327.34
2026-03-0227.30
2026-02-2728.06
2026-02-2628.50
2026-02-2529.39
2026-02-2429.13
2026-02-2329.16
2026-02-2030.04
2026-02-1929.69
2026-02-1830.42
2026-02-1729.87
2026-02-1330.32
2026-02-1230.21
2026-02-1130.04
2026-02-1031.46
2026-02-0931.19
2026-02-0630.15
2026-02-0529.27
2026-02-0429.60
2026-02-0329.25
2026-02-0230.72
2026-01-3029.81
2026-01-2929.68
2026-01-2835.01
2026-01-2734.68
2026-01-2635.57
2026-01-2334.26
2026-01-2233.56
2026-01-2133.37
2026-01-2033.64
2026-01-1634.63
2026-01-1534.96
2026-01-1435.42
2026-01-1336.63
2026-01-1236.89
2026-01-0936.64
2026-01-0835.73
2026-01-0736.08
2026-01-0635.28
2026-01-0535.65
2026-01-0235.13
2025-12-3136.01
2025-12-3036.26
2025-12-2936.48
2025-12-2636.55
2025-12-2436.41
2025-12-2336.32
2025-12-2236.37
2025-12-1936.22
2025-12-1836.22
2025-12-1735.79
2025-12-1636.12
2025-12-1536.25
2025-12-1236.30
2025-12-1136.68
2025-12-1036.45
2025-12-0936.19
2025-12-0836.02
2025-12-0536.66
2025-12-0436.39
2025-12-0336.15
2025-12-0235.84
2025-12-0135.89
2025-11-2835.84
2025-11-2635.58
2025-11-2535.26
2025-11-2435.33
2025-11-2135.09
2025-11-2034.68
2025-11-1935.28
2025-11-1835.28
2025-11-1735.42
2025-11-1436.33
2025-11-1337.34
2025-11-1237.56
2025-11-1137.71
2025-11-1037.33
2025-11-0737.35
2025-11-0637.64
2025-11-0538.70
2025-11-0438.49
2025-11-0339.13
2025-10-3138.55
2025-10-3038.43
2025-10-2938.49
2025-10-2840.04
2025-10-2740.35
2025-10-2444.05
2025-10-2345.52
2025-10-2245.14
2025-10-2145.83
2025-10-2045.42
2025-10-1744.60
2025-10-1644.08
2025-10-1544.39
2025-10-1444.21
2025-10-1344.09
2025-10-1043.39
2025-10-0945.07
2025-10-0845.29
2025-10-0744.75
2025-10-0644.82
2025-10-0344.21
2025-10-0244.44
2025-10-0144.12
2025-09-3043.67
2025-09-2943.11
2025-09-2643.16
2025-09-2542.90
2025-09-2443.94
2025-09-2343.35
2025-09-2243.37
2025-09-1943.62
2025-09-1844.08
2025-09-1742.72
2025-09-1641.44
2025-09-1541.25
2025-09-1242.02
2025-09-1142.19
2025-09-1042.57
2025-09-0944.36
2025-09-0844.18
2025-09-0543.96
2025-09-0444.45
2025-09-0344.28
2025-09-0243.50
2025-08-2944.48
2025-08-2845.01
2025-08-2744.96
2025-08-2644.10
2025-08-2544.17
2025-08-2244.30
2025-08-2143.99
2025-08-2044.54
2025-08-1944.81
2025-08-1845.22
2025-08-1545.41
2025-08-1445.58
2025-08-1345.56
2025-08-1245.09
2025-08-1146.94
2025-08-0847.74
2025-08-0748.28
2025-08-0647.68
2025-08-0546.61
2025-08-0446.38
2025-08-0146.25
2025-07-3146.85
2025-07-3047.47
2025-07-2946.99
2025-07-2846.15
2025-07-2547.07
2025-07-2454.65
2025-07-2355.51
2025-07-2258.50
2025-07-2158.68
2025-07-1858.44
2025-07-1758.94
2025-07-1658.45
2025-07-1557.60
2025-07-1457.42
2025-07-1157.46
2025-07-1058.48
2025-07-0959.57
2025-07-0858.97
2025-07-0758.35
2025-07-0358.01
2025-07-0256.94
2025-07-0157.43
2025-06-3058.08
2025-06-2757.50
2025-06-2656.45
2025-06-2556.01
2025-06-2456.74
2025-06-2355.54
2025-06-2054.93
2025-06-1855.35
2025-06-1755.89
2025-06-1656.50
2025-06-1356.03
2025-06-1257.63
2025-06-1157.14
2025-06-1058.14
2025-06-0958.33

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

About SAP SE

SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.

Walldorf
108,187 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Christian Klein