As of Apr 26, 2024, the NOW stock's PE ratio is 6.47. This takes into account the latest EPS of $2.26 and stock price of $14.63. The PE ratio has decreased by 22% from its last 4 quarters average of 8.3.
The PE ratio of NOW has averaged 54.59 over the last ten years. The current price-to-earnings ratio of 6.47 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 and 5-year averages.
DNOW's PE ratio is less than its peer stocks MPLX and ENLC, but it is above TK's. NOW is currently trading at a lower PE ratio (6.47) than its peers average of 15.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TK Teekay Corp | 4.72 | $682.55M |
| DNOW NOW Inc | 6.47 | $1.55B |
| MPLX Mplx Lp | 11.04 | $42.4B |
| DKL Delek Logistics Partners LP | 13.85 | $1.75B |
| ENLC EnLink Midstream LLC | 30.87 | $6.29B |
DNOW stock has a price to earnings ratio of 6.47 as of Apr 26, 2024.
As an average over the last 3 years, DNOW stock has a PE ratio of 29.68.
As an average over the last 5 years, DNOW stock has a PE ratio of 28.49.
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 (Apr 26, 2024), NOW's share price is $14.63. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.26. Therefore, NOW's price to earnings ratio for today is 6.47. PE RATIO(6.47) = STOCK PRICE($14.63) / TTM EPS($2.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.