As of Nov 21, 2024, the NOW stock's PE ratio is 7.82. This takes into account the latest EPS of $1.88 and stock price of $14.71. The PE ratio marks an increase of 23% from its last 4 quarters average of 6.4.
The PE ratio of NOW has averaged 50.48 over the last ten years. The current price-to-earnings ratio of 7.82 is 85% 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 | 5.1 | $718.95M |
DNOW NOW Inc | 7.82 | $1.56B |
MPLX Mplx Lp | 11.38 | $49.18B |
DKL Delek Logistics Partners LP | 14.05 | $2.05B |
ENLC EnLink Midstream LLC | 74.62 | $7.16B |
DNOW stock has a price to earnings ratio of 7.82 as of Nov 21, 2024.
As an average over the last 3 years, DNOW stock has a PE ratio of 23.97.
As an average over the last 5 years, DNOW stock has a PE ratio of 23.97.
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 85% 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 (Nov 21, 2024), NOW's share price is $14.71. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.88. Therefore, NOW's price to earnings ratio for today is 7.82. PE RATIO(7.82) = STOCK PRICE($14.71) / TTM EPS($1.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.