Stock Analysis on Net

CrowdStrike Holdings Inc. (NASDAQ:CRWD)

Common Stock Valuation Ratios (Price Multiples)

Microsoft Excel

Current Valuation Ratios

CrowdStrike Holdings Inc., current price multiples

Microsoft Excel
CrowdStrike Holdings Inc. Accenture PLC Adobe Inc. Cadence Design Systems Inc. International Business Machines Corp. Intuit Inc. Microsoft Corp. Oracle Corp. Palantir Technologies Inc. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc. Workday Inc. Software & Services Information Technology
Selected Financial Data
Current share price (P) $371.41
No. shares of common stock outstanding 247,873,415
 
Earnings per share (EPS) $-0.08
Operating profit per share $-0.49
Sales per share $15.95
Book value per share (BVPS) $13.23
Valuation Ratios (Price Multiples)
Price to sales (P/S) 23.29 3.00 7.88 15.56 3.70 10.56 11.83 7.83 75.53 15.26 7.13 15.73 11.35 7.90 9.54 9.59
Price to book value (P/BV) 28.07 6.89 12.02 15.45 8.50 9.32 10.80 47.62 43.26 23.69 4.41 17.98 7.74 7.38 11.02 13.60

Based on: 10-K (reporting date: 2025-01-31).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

CrowdStrike Holdings Inc., historical price multiples

Microsoft Excel
Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
Price to earnings (P/E) 892.67
Price to operating profit (P/OP)
Price to sales (P/S) 19.36 26.10 12.81 30.15 48.70 22.79
Price to book value (P/BV) 23.34 34.61 19.61 42.67 48.91 14.78

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. CrowdStrike Holdings Inc. P/S ratio increased from 2023 to 2024 but then slightly decreased from 2024 to 2025 not reaching 2023 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. CrowdStrike Holdings Inc. P/BV ratio increased from 2023 to 2024 but then slightly decreased from 2024 to 2025 not reaching 2023 level.

Price to Earnings (P/E)

CrowdStrike Holdings Inc., historical P/E calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
No. shares of common stock outstanding1 247,873,415 241,868,658 235,863,985 230,767,860 223,876,229 213,213,015
Selected Financial Data (US$)
Net income (loss) attributable to CrowdStrike (in thousands) (19,271) 89,327 (183,245) (234,802) (92,629) (141,779)
Earnings per share (EPS)2 -0.08 0.37 -0.78 -1.02 -0.41 -0.66
Share price1, 3 308.86 329.68 121.68 189.66 190.21 51.45
Valuation Ratio
P/E ratio4 892.67
Benchmarks
P/E Ratio, Competitors5
Accenture PLC 31.07 27.81 22.93 36.58 28.32
Adobe Inc. 31.98 49.64 33.15 48.90 41.69
Cadence Design Systems Inc. 67.09 78.64 59.70 53.88 62.89
International Business Machines Corp. 39.68 22.50 71.56 19.40 19.30
Intuit Inc. 58.94 64.61 57.31 75.17 49.52
Microsoft Corp. 35.67 33.96 28.34 35.14 35.04
Oracle Corp. 37.63 38.96 26.85 15.84 16.69
Palantir Technologies Inc. 632.38 246.77
Palo Alto Networks Inc. 42.42 170.35
Salesforce Inc. 45.28 71.24 879.57 135.68 48.20 1,204.70
ServiceNow Inc. 146.40 90.80 284.28 487.70 978.47
Synopsys Inc. 33.69 70.08 51.76 73.37 55.92
Workday Inc. 122.85 50.53 1,957.29
P/E Ratio, Sector
Software & Services 41.52 39.90 34.39 37.41 38.26
P/E Ratio, Industry
Information Technology 44.83 35.97 26.85 29.54 31.13

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

1 Data adjusted for splits and stock dividends.

2 2025 Calculation
EPS = Net income (loss) attributable to CrowdStrike ÷ No. shares of common stock outstanding
= -19,271,000 ÷ 247,873,415 = -0.08

3 Closing price as at the filing date of CrowdStrike Holdings Inc. Annual Report.

4 2025 Calculation
P/E ratio = Share price ÷ EPS
= 308.86 ÷ -0.08 =

5 Click competitor name to see calculations.


Price to Operating Profit (P/OP)

CrowdStrike Holdings Inc., historical P/OP calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
No. shares of common stock outstanding1 247,873,415 241,868,658 235,863,985 230,767,860 223,876,229 213,213,015
Selected Financial Data (US$)
Loss from operations (in thousands) (120,430) (1,995) (190,112) (142,548) (92,529) (146,065)
Operating profit per share2 -0.49 -0.01 -0.81 -0.62 -0.41 -0.69
Share price1, 3 308.86 329.68 121.68 189.66 190.21 51.45
Valuation Ratio
P/OP ratio4
Benchmarks
P/OP Ratio, Competitors5
Accenture PLC 23.52 21.69 16.83 28.35 22.21
Adobe Inc. 26.38 40.52 25.85 40.64 51.75
Cadence Design Systems Inc. 52.42 65.43 47.21 48.13 57.54
International Business Machines Corp. 25.48 17.99 14.35 16.23 15.90
Intuit Inc. 48.11 49.04 46.05 62.00 41.56
Microsoft Corp. 28.73 27.76 24.72 30.79 29.30
Oracle Corp. 25.65 25.30 16.51 14.31 12.17
Palantir Technologies Inc. 941.61 431.61
Palo Alto Networks Inc. 159.88 193.40
Salesforce Inc. 38.94 58.80 177.62 357.52 431.39 511.08
ServiceNow Inc. 152.95 206.26 260.26 436.46 583.07
Synopsys Inc. 56.25 67.90 43.85 75.64 59.90
Workday Inc. 155.71 381.31
P/OP Ratio, Sector
Software & Services 33.80 31.96 27.26 33.58 31.75
P/OP Ratio, Industry
Information Technology 34.92 29.96 22.79 26.09 26.95

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

1 Data adjusted for splits and stock dividends.

2 2025 Calculation
Operating profit per share = Loss from operations ÷ No. shares of common stock outstanding
= -120,430,000 ÷ 247,873,415 = -0.49

3 Closing price as at the filing date of CrowdStrike Holdings Inc. Annual Report.

4 2025 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 308.86 ÷ -0.49 =

5 Click competitor name to see calculations.


Price to Sales (P/S)

CrowdStrike Holdings Inc., historical P/S calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
No. shares of common stock outstanding1 247,873,415 241,868,658 235,863,985 230,767,860 223,876,229 213,213,015
Selected Financial Data (US$)
Revenue (in thousands) 3,953,624 3,055,555 2,241,236 1,451,594 874,438 481,413
Sales per share2 15.95 12.63 9.50 6.29 3.91 2.26
Share price1, 3 308.86 329.68 121.68 189.66 190.21 51.45
Valuation Ratio
P/S ratio4 19.36 26.10 12.81 30.15 48.70 22.79
Benchmarks
P/S Ratio, Competitors5
Accenture PLC 3.48 2.98 2.56 4.28 3.26
Adobe Inc. 8.27 13.88 8.95 14.94 17.04
Cadence Design Systems Inc. 15.26 20.02 14.23 12.55 13.85
International Business Machines Corp. 3.81 2.73 1.94 1.94 1.47
Intuit Inc. 10.72 10.72 9.30 16.09 11.78
Microsoft Corp. 12.82 11.60 10.40 12.81 10.85
Oracle Corp. 7.44 6.63 4.25 5.38 4.33
Palantir Technologies Inc. 102.00 23.27 9.34 15.58 39.86
Palo Alto Networks Inc. 13.62 10.87 9.62 10.72 6.66
Salesforce Inc. 7.40 8.45 5.84 7.40 9.24 8.88
ServiceNow Inc. 18.99 17.52 12.75 19.02 25.66
Synopsys Inc. 12.45 14.75 10.03 13.22 10.08
Workday Inc. 7.65 9.61 7.71 11.19 13.95 10.65
P/S Ratio, Sector
Software & Services 10.26 8.75 7.46 9.46 7.67
P/S Ratio, Industry
Information Technology 9.29 7.33 6.02 6.97 6.11

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

1 Data adjusted for splits and stock dividends.

2 2025 Calculation
Sales per share = Revenue ÷ No. shares of common stock outstanding
= 3,953,624,000 ÷ 247,873,415 = 15.95

3 Closing price as at the filing date of CrowdStrike Holdings Inc. Annual Report.

4 2025 Calculation
P/S ratio = Share price ÷ Sales per share
= 308.86 ÷ 15.95 = 19.36

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. CrowdStrike Holdings Inc. P/S ratio increased from 2023 to 2024 but then slightly decreased from 2024 to 2025 not reaching 2023 level.

Price to Book Value (P/BV)

CrowdStrike Holdings Inc., historical P/BV calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020
No. shares of common stock outstanding1 247,873,415 241,868,658 235,863,985 230,767,860 223,876,229 213,213,015
Selected Financial Data (US$)
Total CrowdStrike Holdings, Inc. stockholders’ equity (in thousands) 3,279,494 2,303,950 1,463,641 1,025,764 870,574 742,107
Book value per share (BVPS)2 13.23 9.53 6.21 4.45 3.89 3.48
Share price1, 3 308.86 329.68 121.68 189.66 190.21 51.45
Valuation Ratio
P/BV ratio4 23.34 34.61 19.61 42.67 48.91 14.78
Benchmarks
P/BV Ratio, Competitors5
Accenture PLC 7.98 7.44 7.13 11.06 8.51
Adobe Inc. 12.61 16.31 11.22 15.94 16.53
Cadence Design Systems Inc. 15.15 24.05 18.46 13.68 14.90
International Business Machines Corp. 8.75 7.49 5.34 5.90 5.24
Intuit Inc. 9.47 8.92 7.20 15.71 17.71
Microsoft Corp. 11.71 11.92 12.38 15.16 13.11
Oracle Corp. 45.25 308.71 41.57 14.01
Palantir Technologies Inc. 58.42 14.90 6.94 10.48 28.60
Palo Alto Networks Inc. 21.15 42.84 252.00 71.88 20.61
Salesforce Inc. 4.59 4.94 3.13 3.37 4.73 4.48
ServiceNow Inc. 21.71 20.60 18.36 30.36 40.91
Synopsys Inc. 8.48 14.02 9.24 10.50 7.57
Workday Inc. 7.15 8.63 8.58 12.68 18.38 15.54
P/BV Ratio, Sector
Software & Services 11.85 11.36 10.66 13.54 11.60
P/BV Ratio, Industry
Information Technology 13.17 11.47 10.47 12.50 11.10

Based on: 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31).

1 Data adjusted for splits and stock dividends.

2 2025 Calculation
BVPS = Total CrowdStrike Holdings, Inc. stockholders’ equity ÷ No. shares of common stock outstanding
= 3,279,494,000 ÷ 247,873,415 = 13.23

3 Closing price as at the filing date of CrowdStrike Holdings Inc. Annual Report.

4 2025 Calculation
P/BV ratio = Share price ÷ BVPS
= 308.86 ÷ 13.23 = 23.34

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. CrowdStrike Holdings Inc. P/BV ratio increased from 2023 to 2024 but then slightly decreased from 2024 to 2025 not reaching 2023 level.