CrowdStrike Holdings, Inc.
—- Market cap
- $211.69B
- Debt
- —
- Cash
- −$5.23B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $211.69B · View financials
Snapshot Sep 11, 2026, 4:00 PM ET
Decision snapshot: CRWD stock price at premium vs PAYX $206.74 current versus $29.72 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PAYX's multiple
Implied fair value · at CRWD's multiple
Snapshot Sep 11, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
11 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 90% equity / 10% debt · EV / Revenue 6.86x · EV proxy / EBITDA proxy 15.12x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
CrowdStrike Holdings, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Paychex, Inc. · implied price per share
Bear
$70.62
Base
$86.28
Bull
$107.40
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
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Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe CRWD can sustain 20%+ revenue growth while converting that growth into positive operating and net margins, then holding or accumulating can be justified; otherwise, the current 10.1x P/S valuation versus PAYX looks stretched relative to the company’s negative profitability profile.
On the provided P/S basis, CRWD’s current price of $191.15 is above the implied price of $117.44, a 38.6% downside versus PAYX-based valuation. The gap is driven by CRWD’s higher sales multiple, with P/S at 10.1x versus PAYX at 6.1x, while CRWD also carries a much richer EV/Revenue multiple.
Supporting Metrics