<p>在当今快速变化且竞争激烈的商业世界中，进行全面的公司分析对投资者和行业观察者至关重要。在本文中，我们将对软件行业进行广泛的行业比较，评估 <strong>微软 MSFT</strong> 与其主要竞争对手的关系。通过对关键财务指标、市场地位和增长前景的详细审查，我们的目标是提供有价值的见解，揭示公司在行业中的表现。</p>
<h3>微软背景</h3>
<p>微软开发和许可消费和企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。公司分为三个规模相当的广泛部门：生产力和业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更个人化的计算（Windows 客户端、Xbox、Bing 搜索、展示广告以及 Surface 笔记本电脑、平板电脑和台式机）。</p>
<p>通过仔细审查微软，我们可以识别出以下趋势：</p>
<ul>
<li><strong>34.79</strong> 的市盈率比行业平均水平低 <strong>0.45x</strong>，这表明该股票可能被低估。</li>
</ul>
<ul>
<li>当前的市净率为 <strong>10.39</strong>，是行业平均水平的 <strong>0.64x</strong>，远低于行业平均水平，表明可能被低估。</li>
</ul>
<ul>
<li><strong>12.45</strong> 的市销率是行业平均水平的 <strong>1.55x</strong>，这表明该股票相对于其销售表现可能被高估。</li>
</ul>
<ul>
<li>公司的股本回报率（ROE）为 <strong>8.27%</strong>，比行业平均水平低 <strong>1.2%</strong>。这表明在利用股本产生利润方面可能存在低效，可能归因于多种因素。</li>
</ul>
<ul>
<li>公司的息税折旧摊销前利润（EBITDA）为 <strong>407.1 亿美元</strong>，比行业平均水平高出 <strong>61.68x</strong>，表明盈利能力更强，现金流生成稳健。</li>
</ul>
<ul>
<li>公司的毛利润为 <strong>481.5 亿美元</strong>，比行业平均水平高出 <strong>35.4x</strong>，表明盈利能力更强，核心业务的收益更高。</li>
</ul>
<ul>
<li>收入增长率为 <strong>13.27%</strong>，超过行业平均水平 <strong>11.42%</strong>，公司展现出强劲的销售扩张和市场份额的增长。</li>
</ul>
<h3>债务与股本比率</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1748358024_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1748358024_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw"/></p>
<p>债务与股本比率（D/E）是一个财务指标，有助于确定与公司资本结构相关的财务风险水平。</p>
<p>在行业比较中考虑债务与股本比率，可以简明地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
<p>在根据债务与股本比率比较微软与其前四大同行时，可以观察到以下见解：</p>
<ul>
<li>在债务与股本比率的比较中，微软的财务状况相较于其前四大同行更为强劲。</li>
</ul>
<ul>
<li>公司的债务相对于其股本水平较低，表明两者之间的平衡更为有利，债务与股本比率为 <strong>0.19</strong>。</li>
</ul>
<h3>关键要点</h3>
<p>对于软件行业的微软而言，市盈率和市净率表明该股票相较于同行被低估。然而，高市销率表明市场对微软的销售给予了更高的评价。在股本回报率方面，微软的表现较同行较弱，而其高 EBITDA 和毛利率则表明运营效率强劲。此外，微软的高收入增长率超越了行业同行，反映出未来盈利潜力的积极前景。</p>
<p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>

微软

<p>这篇文章分析了微软在软件行业中相对于竞争对手的地位。主要发现包括其市盈率（P/E）为 34.79，表明可能被低估，而市销率（P/S）为 12.45，暗示可能被高估。微软的股本回报率（ROE）为 8.27%，低于行业平均水平，而其息税折旧摊销前利润（EBITDA）和毛利润显著高于同行，显示出强劲的盈利能力。该公司还表现出 13.27% 的强劲收入增长，超过行业平均水平。总体而言，微软展现出强大的运营效率和良好的财务状况，负债权益比为 0.19，处于较低水平</p>

<p>In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating <strong>Microsoft MSFT</strong> in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and illuminate company's performance in the industry.</p>
<div class="lb-trans"><p>在当今快速变化且竞争激烈的商业世界中，进行全面的公司分析对投资者和行业观察者至关重要。在本文中，我们将对软件行业进行广泛的行业比较，评估 <strong>微软 MSFT</strong> 与其主要竞争对手的关系。通过对关键财务指标、市场地位和增长前景的详细审查，我们的目标是提供有价值的见解，揭示公司在行业中的表现。</p>
</div><h3>Microsoft Background</h3>
<div class="lb-trans"><h3>微软背景</h3>
</div><p>Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).</p>
<div class="lb-trans"><p>微软开发和许可消费和企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。公司分为三个规模相当的广泛部门：生产力和业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更个人化的计算（Windows 客户端、Xbox、Bing 搜索、展示广告以及 Surface 笔记本电脑、平板电脑和台式机）。</p>
</div><p>By closely examining Microsoft, we can identify the following trends:</p>
<div class="lb-trans"><p>通过仔细审查微软，我们可以识别出以下趋势：</p>
</div><ul>
<li>The Price to Earnings ratio of <strong>34.79</strong> is <strong>0.45x</strong> lower than the industry average, indicating potential undervaluation for the stock.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>34.79</strong> 的市盈率比行业平均水平低 <strong>0.45x</strong>，这表明该股票可能被低估。</li>
</ul>
</div><ul>
<li>The current Price to Book ratio of <strong>10.39</strong>, which is <strong>0.64x</strong> the industry average, is substantially lower than the industry average, indicating potential undervaluation.</li>
</ul>
<div class="lb-trans"><ul>
<li>当前的市净率为 <strong>10.39</strong>，是行业平均水平的 <strong>0.64x</strong>，远低于行业平均水平，表明可能被低估。</li>
</ul>
</div><ul>
<li>The Price to Sales ratio of <strong>12.45</strong>, which is <strong>1.55x</strong> the industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>12.45</strong> 的市销率是行业平均水平的 <strong>1.55x</strong>，这表明该股票相对于其销售表现可能被高估。</li>
</ul>
</div><ul>
<li>The company has a lower Return on Equity (ROE) of <strong>8.27%</strong>, which is <strong>1.2%</strong> below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的股本回报率（ROE）为 <strong>8.27%</strong>，比行业平均水平低 <strong>1.2%</strong>。这表明在利用股本产生利润方面可能存在低效，可能归因于多种因素。</li>
</ul>
</div><ul>
<li>The company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of <strong>$40.71 Billion</strong>, which is <strong>61.68x</strong> above the industry average, indicating stronger profitability and robust cash flow generation.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的息税折旧摊销前利润（EBITDA）为 <strong>407.1 亿美元</strong>，比行业平均水平高出 <strong>61.68x</strong>，表明盈利能力更强，现金流生成稳健。</li>
</ul>
</div><ul>
<li>The company has higher gross profit of <strong>$48.15 Billion</strong>, which indicates <strong>35.4x</strong> above the industry average, indicating stronger profitability and higher earnings from its core operations.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的毛利润为 <strong>481.5 亿美元</strong>，比行业平均水平高出 <strong>35.4x</strong>，表明盈利能力更强，核心业务的收益更高。</li>
</ul>
</div><ul>
<li>With a revenue growth of <strong>13.27%</strong>, which surpasses the industry average of <strong>11.42%</strong>, the company is demonstrating robust sales expansion and gaining market share.</li>
</ul>
<div class="lb-trans"><ul>
<li>收入增长率为 <strong>13.27%</strong>，超过行业平均水平 <strong>11.42%</strong>，公司展现出强劲的销售扩张和市场份额的增长。</li>
</ul>
</div><h3>Debt To Equity Ratio</h3>
<div class="lb-trans"><h3>债务与股本比率</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1748358024_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw" alt="" original-src="https://www.benzinga.com/files/images/story/2025/1748358024_0.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1080"/></p>
<p>The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.</p>
<div class="lb-trans"><p>债务与股本比率（D/E）是一个财务指标，有助于确定与公司资本结构相关的财务风险水平。</p>
</div><p>Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.</p>
<div class="lb-trans"><p>在行业比较中考虑债务与股本比率，可以简明地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
</div><p>When comparing Microsoft with its top 4 peers based on the Debt-to-Equity ratio, the following insights can be observed:</p>
<div class="lb-trans"><p>在根据债务与股本比率比较微软与其前四大同行时，可以观察到以下见解：</p>
</div><ul>
<li>When comparing the debt-to-equity ratio, Microsoft is in a stronger financial position compared to its top 4 peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>在债务与股本比率的比较中，微软的财务状况相较于其前四大同行更为强劲。</li>
</ul>
</div><ul>
<li>The company has a lower level of debt relative to its equity, indicating a more favorable balance between the two with a lower debt-to-equity ratio of <strong>0.19</strong>.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的债务相对于其股本水平较低，表明两者之间的平衡更为有利，债务与股本比率为 <strong>0.19</strong>。</li>
</ul>
</div><h3>Key Takeaways</h3>
<div class="lb-trans"><h3>关键要点</h3>
</div><p>For Microsoft in the Software industry, the PE and PB ratios suggest that the stock is undervalued compared to its peers. However, the high PS ratio indicates that the market values Microsoft's sales more highly. In terms of ROE, Microsoft's performance is weaker compared to its peers, while its high EBITDA and gross profit margins indicate strong operational efficiency. Additionally, Microsoft's high revenue growth rate outperforms its industry peers, reflecting a positive outlook for future earnings potential.</p>
<div class="lb-trans"><p>对于软件行业的微软而言，市盈率和市净率表明该股票相较于同行被低估。然而，高市销率表明市场对微软的销售给予了更高的评价。在股本回报率方面，微软的表现较同行较弱，而其高 EBITDA 和毛利率则表明运营效率强劲。此外，微软的高收入增长率超越了行业同行，反映出未来盈利潜力的积极前景。</p>
</div><p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>
<div class="lb-trans"><p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>
</div>

Investigating Microsoft's Standing In Software Industry Compared To Competitors

- 微软在软件行业的市盈率和市净率显示其股票可能被低估。  
- 公司的市销率较高，表明市场对其销售的重视。  
- 微软的收入增长率超过行业平均水平，展现出积极的未来盈利潜力。  

调查微软在软件行业中相较于竞争对手的地位