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SAP SE (XTER:SAP) Shiller PE Ratio : 63.75 (As of Jul. 04, 2025)


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What is SAP SE Shiller PE Ratio?

As of today (2025-07-04), SAP SE's current share price is €258.20. SAP SE's E10 for the quarter that ended in Mar. 2025 was €4.05. SAP SE's Shiller PE Ratio for today is 63.75.

The historical rank and industry rank for SAP SE's Shiller PE Ratio or its related term are showing as below:

XTER:SAP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.77   Med: 35.92   Max: 70.65
Current: 63.7

During the past years, SAP SE's highest Shiller PE Ratio was 70.65. The lowest was 22.77. And the median was 35.92.

XTER:SAP's Shiller PE Ratio is ranked worse than
73.1% of 881 companies
in the Software industry
Industry Median: 35.1 vs XTER:SAP: 63.70

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

SAP SE's adjusted earnings per share data for the three months ended in Mar. 2025 was €1.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.05 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAP SE Shiller PE Ratio Historical Data

The historical data trend for SAP SE's Shiller PE Ratio 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.

SAP SE Shiller PE Ratio Chart

SAP SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.00 36.56 26.75 35.71 60.21

SAP SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.26 49.10 52.39 60.21 60.30

Competitive Comparison of SAP SE's Shiller PE Ratio

For the Software - Application subindustry, SAP SE's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


SAP SE's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SAP SE's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SAP SE's Shiller PE Ratio falls into.


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SAP SE Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

SAP SE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=258.20/4.05
=63.75

* 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.

SAP SE's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, SAP SE's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.51/127.7792*127.7792
=1.510

Current CPI (Mar. 2025) = 127.7792.

SAP SE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.390 100.417 0.496
201509 0.750 100.417 0.954
201512 1.070 99.717 1.371
201603 0.480 100.017 0.613
201606 0.680 100.717 0.863
201609 0.610 101.017 0.772
201612 1.260 101.217 1.591
201703 0.430 101.417 0.542
201706 0.560 102.117 0.701
201709 0.820 102.717 1.020
201712 1.550 102.617 1.930
201803 0.590 102.917 0.733
201806 0.600 104.017 0.737
201809 0.810 104.718 0.988
201812 1.410 104.217 1.729
201903 -0.100 104.217 -0.123
201906 0.480 105.718 0.580
201909 1.040 106.018 1.253
201912 1.370 105.818 1.654
202003 0.680 105.718 0.822
202006 0.730 106.618 0.875
202009 1.320 105.818 1.594
202012 1.620 105.518 1.962
202103 0.880 107.518 1.046
202106 1.150 108.486 1.355
202109 1.190 109.435 1.389
202112 1.229 110.384 1.423
202203 0.630 113.968 0.706
202206 0.280 115.760 0.309
202209 0.570 118.818 0.613
202212 0.470 119.345 0.503
202303 0.410 122.402 0.428
202306 2.680 123.140 2.781
202309 1.080 124.195 1.111
202312 1.010 123.773 1.043
202403 -0.710 125.038 -0.726
202406 0.750 125.882 0.761
202409 1.240 126.198 1.256
202412 1.360 127.041 1.368
202503 1.510 127.779 1.510

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


SAP SE  (XTER:SAP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


SAP SE Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of SAP SE's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SAP SE Business Description

Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.
Executives
Nicolas Sabatier Supervisory Board
Margret Klein-magar Supervisory Board
Gerhard Oswald Supervisory Board
Christian Kurt Klein Board of Directors
Dr. Rouven Westphal Supervisory Board
Pascal Demat Supervisory Board
Gina Vargiu-breuer Board of Directors
Thomas Heinrich Saueressig Board of Directors
Dr. Juergen Mueller Board of Directors
Prof. Dr. H.c. Mult. Hasso Plattner Supervisory Board
Helmut Stengele Supervisory Board
Peter Lengler Supervisory Board
Sabine Bendiek Board of Directors
Luka Mucic Board of Directors