As of Oct 4, 2024, the NOW stock's PE ratio is 6.09. This takes into account the latest EPS of $2.08 and stock price of $12.67. The PE ratio has decreased by 14% from its last 4 quarters average of 7.1.
The PE ratio of NOW has averaged 52.66 over the last ten years. The current price-to-earnings ratio of 6.09 is 88% less than the historical average. Analyzing the last ten years, DNOW's PE ratio reached its highest point in the Jun 2018 quarter at 444.33, when the price was $13.33 and the EPS was $0.03. The lowest point was recorded in the Dec 2023 quarter, when it reached 5.01 with a price of $11.32 and an EPS of $2.26.
Maximum annual decrease: -93.48% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 5.01 | -55.03% |
2022 | 11.14 | -93.48% |
2021 | 170.8 | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | 24.77 | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | 24.05 | N/A |
The current PE ratio of DNOW is under its 3, 5 and 10-year averages.
DNOW's PE ratio is less than its peer stocks MPLX and ENLC, but it is above TK's.
Stock name | PE ratio | Market cap |
---|---|---|
TK Teekay Corp | 5.89 | $863.65M |
DNOW NOW Inc | 6.09 | $1.35B |
MPLX Mplx Lp | 10.84 | $45.58B |
DKL Delek Logistics Partners LP | 15.2 | $2.1B |
ENLC EnLink Midstream LLC | 48.97 | $6.78B |
DNOW stock has a price to earnings ratio of 6.09 as of Oct 4, 2024.
As an average over the last 3 years, DNOW stock has a PE ratio of 25.52.
As an average over the last 5 years, DNOW stock has a PE ratio of 25.52.
Over the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 444.33.
DNOW's price to earnings ratio is currently 88% below its 10-year historical average.
DNOW's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Oct 4, 2024), NOW's share price is $12.67. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.08. Therefore, NOW's price to earnings ratio for today is 6.09. PE RATIO(6.09) = STOCK PRICE($12.67) / TTM EPS($2.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.