NOW
ServiceNow
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: NOW
- PE Ratio
The current PE ratio for ServiceNow stock as of Nov 5, 2026 is 73.11. This is calculated based on the current EPS of $1.4 and the stock price of $102.36 per share. The P/E ratio has a decrease of 6% from the past four quarters average of 77.5.
NOW PE ratio history
The average historical PE ratio of ServiceNow for the last eight years is 283.96. The current PE ratio of 73.11 is 74% below the historical average. Over the past eight years, NOW's PE ratio was at its highest in the Sep 2019 quarter at 1,269.25, when the stock price was $50.77 and the EPS was $0.04. The lowest value was in the Jun 2026 quarter, when it reached 61.66 with a price of $99.28 and an EPS of $1.61.
ServiceNow PE ratio by year
Maximum annual increase: 988.62% in 2020
Maximum annual decrease: -65.75% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 90.64 | -41% | $153.19 | $1.69 |
| 2024 | 153.64 | 84.84% | $212.02 | $1.38 |
| 2023 | 83.12 | -65.75% | $141.3 | $1.7 |
| 2022 | 242.67 | -57.01% | $77.65 | $0.32 |
| 2021 | 564.44 | -38.47% | $129.82 | $0.23 |
| 2020 | 917.38 | 988.62% | $110.09 | $0.12 |
| 2019 | 84.27 | N/A | $56.46 | $0.67 |
| 2018 | N/A | N/A | $35.61 | -$0.03 |
| 2017 | N/A | N/A | $26.08 | -$0.14 |
| 2016 | N/A | N/A | $14.87 | -$0.5 |
| 2015 | N/A | N/A | $17.31 | -$0.25 |
| 2014 | N/A | N/A | $13.57 | -$0.25 |
| 2013 | N/A | N/A | $11.2 | -$0.11 |
| 2012 | N/A | N/A | $6.01 | -$0.1 |
| 2011 | N/A | N/A | N/A | $0.02 |
ServiceNow PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2026 | 95.72 | 55.24% | $134.01 | $1.4 |
| Jun 2026 | 61.66 | -0.32% | $99.28 | $1.61 |
| Mar 2026 | 61.86 | -31.75% | $104.55 | $1.69 |
| Dec 2025 | 90.64 | -18.25% | $153.19 | $1.69 |
| Sep 2025 | 110.88 | -13.72% | $184.06 | $1.66 |
| Jun 2025 | 128.51 | 19.44% | $205.62 | $1.6 |
| Mar 2025 | 107.59 | -29.97% | $159.23 | $1.48 |
| Dec 2024 | 153.64 | 11.66% | $212.02 | $1.38 |
| Sep 2024 | 137.6 | -2.05% | $178.88 | $1.3 |
| Jun 2024 | 140.48 | 73.2% | $157.33 | $1.12 |
| Mar 2024 | 81.11 | -2.42% | $152.48 | $1.88 |
| Dec 2023 | 83.12 | 15.25% | $141.3 | $1.7 |
| Sep 2023 | 72.12 | -10.81% | $111.79 | $1.55 |
| Jun 2023 | 80.86 | -66.07% | $112.39 | $1.39 |
| Mar 2023 | 238.32 | -1.79% | $92.94 | $0.39 |
NOW Price vs fair value
NOW average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of NOW is below the 3, 5 and 10-year averages.
PE comparison
ServiceNow's P/E of 73.11 is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 28.6, ServiceNow's P/E is 156% higher.
NOW PE vs peers
Frequently asked questions
What is ServiceNow's PE ratio?
As of Nov 5, 2026, NOW stock has a price to earnings ratio of 73.11.
What is the 3-year average PE ratio for ServiceNow (NOW)?
The 3-year average PE ratio for NOW stock is 104.4.
What is the 5-year average PE ratio for ServiceNow (NOW)?
The 5-year average PE ratio for NOW stock is 190.68.
What is the highest PE ratio for NOW?
Over the last eight years, the quarterly PE ratio reached a historic high of 1,269.25 in the Sep 2019 quarter.
How does the current PE ratio for NOW compare to its historical average?
The current price to earnings ratio of NOW is 74% lower than the 8-year historical average.
Why is ServiceNow's PE ratio so high?
NOW's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is NOW's PE ratio calculated (ServiceNow PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2026), ServiceNow's stock price is $102.36. The earnings per share for the trailing twelve months (TTM) ending Sep 2026 is $1.4. Therefore, ServiceNow's P/E ratio for today is 73.11. PE RATIO(73.11) = STOCK PRICE($102.36) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.