To supplement Jim’s point,
DATA has 15% growth at 85% margins for a gross profit of 12.8% which would be one of the lowest gross profit growth rates on this board
At a P/S of 13, our stocks would be expecting a 25%+ gross profit rate.
Based on this, I would conclude that Salesforce paid 2x the market value. Of course, there are plenty of reasons that Salesforce may do that. But it is yet another data point on the current market for valuation.
https://imgur.com/a/4BXjlan - P/S vs Gross Profit Growth
Just a Fool