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As of Q4'26 (2026-01-31), CRM's EV/EBITDA ratio surged sharply to 105.89, marking a significant increase from the previous quarter's value of 19.08. This latest data point represents an abrupt and substantial jump compared to the recent trend. Over the period from Q1'24 to Q4'26, the EV/EBITDA ratio for CRM generally exhibited a downward trend, declining from 41.03 in Q1'24 to a low of 19.08 in Q3'26. The ratio showed periods of moderate fluctuation, with occasional rebounds—most notably in Q3'25 (33.39)—but remained within the 19–41 range until the dramatic spike in Q4'26. This sudden escalation at the end of the period stands out as a significant anomaly in an otherwise declining trend.