SAP SE (SAP.DE) Stock Valuation: P/E Ratio and Intrinsic Value
Is SAP SE stock expensive or cheap? This page shows the price-earnings ratio of SAP SE for the last fiscal years, the current share price, and beta and volatility as risk measures. Earnings figures come from the company's published filings (FY 2025).
Earnings basis for the valuation (FY 2025)
| Revenue | 36.80 EUR bn |
|---|---|
| Net income | 7.49 EUR bn |
| Net margin | 20.4 % |
How the SAP SE P/E ratio is calculated
The price-earnings ratio divides the share price by earnings per share. On this page the ratio is shown per fiscal year, so you can see whether today's valuation of SAP SE is above or below its own history. Beta and volatility indicate how strongly the share moves compared with the overall market.
Frequently asked questions about SAP SE
What is the SAP.DE P/E ratio?
The P/E ratio divides the SAP SE share price by earnings per share. This page shows the ratio for each of the last fiscal years, so the current valuation of SAP.DE can be compared with its own history.
Is SAP SE stock overvalued or undervalued?
There is no single answer. A useful check is whether the current P/E of SAP.DE is above or below its multi-year average and how earnings, margins and revenue are developing. This page shows all of these figures from the published filings.
How can I estimate the intrinsic value of SAP SE?
An intrinsic value estimate needs earnings or free cash flow, a growth assumption and a discount rate. This page provides the reported earnings basis, margins and the valuation history of SAP.DE as the starting point.