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DNOW NOW PE ratio, current and historical analysis

As of May 21, 2024, the NOW stock's PE ratio is 6.57. This takes into account the latest EPS of $2.18 and stock price of $14.33. The PE ratio has decreased by 13% from its last 4 quarters average of 7.6.

DNOW PE ratio history

How has DNOW's PE ratio performed in the past

The PE ratio of NOW has averaged 52.33 over the last ten years. The current price-to-earnings ratio of 6.57 is 87% 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.

Average
52.33
Median
24.05
Minimum
5.01
Maximum
444.33

NOW PE ratio by year

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

DNOW average PE ratio chart

What is the average PE ratio of DNOW for the past years

The current PE ratio of DNOW is under its 3, 5 and 10-year averages.

3-year avg
27.41
5-year avg
26.7
10-year avg
52.33
15-year avg
N/A

DNOW PE vs peers

What is DNOW's PE ratio compared to its peers

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 5.66 $865.47M
DNOW NOW Inc 6.57 $1.53B
MPLX Mplx Lp 10.54 $41.56B
DKL Delek Logistics Partners LP 14.32 $1.88B
ENLC EnLink Midstream LLC 38.34 $6.06B

Frequently asked questions

What is NOW's PE ratio?

DNOW stock has a price to earnings ratio of 6.57 as of May 21, 2024.

What is the 3-year average PE ratio for NOW (DNOW)?

As an average over the last 3 years, DNOW stock has a PE ratio of 27.41.

What is the 5-year average PE ratio for NOW (DNOW)?

As an average over the last 5 years, DNOW stock has a PE ratio of 26.7.

What is the highest PE ratio for DNOW?

Over the last ten years, the Jun 2018 quarter recorded the highest quarterly PE ratio at 444.33.

How does the current PE ratio for DNOW compare to its historical average?

DNOW's price to earnings ratio is currently 87% below its 10-year historical average.

Why is NOW's PE ratio so low?

DNOW's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is DNOW's PE ratio calculated (NOW PE ratio formula)?

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 (May 21, 2024), NOW's share price is $14.33. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.18. Therefore, NOW's price to earnings ratio for today is 6.57. PE RATIO(6.57) = STOCK PRICE($14.33) / TTM EPS($2.18)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.