The current PE ratio for ServiceNow stock as of Jul 25, 2024 is 148.53. This is calculated based on the current EPS of $5.58 and the stock price of $828.79 per share. The P/E ratio has increased by 58% from the past four quarters average of 94.2.
The average historical PE ratio of ServiceNow for the last six years is 1003.24. The current PE ratio of 148.53 is 85% below the historical average. Over the past six years, NOW's PE ratio was at its highest in the Jun 2019 quarter at 13,728.5, when the stock price was $274.57 and the EPS was $0.02. The lowest value was in the Sep 2023 quarter, when it reached 71.85 with a price of $558.96 and an EPS of $7.78.
Maximum annual increase: 973.96% in 2020
Maximum annual decrease: -65.45% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 83.31 | -65.45% |
| 2022 | 241.16 | -56.9% |
| 2021 | 559.58 | -37.99% |
| 2020 | 902.34 | 973.96% |
| 2019 | 84.02 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of NOW is below the 3, 5 and 10-year averages.
Compared to its peer stocks MSFT and QCOM, NOW's PE ratio stands higher. ServiceNow's current PE ratio of 148.53 is comparable to the average of its peer group, which is 34.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 12.11 | $35.56B |
| IBM International Business Machines Corp | 21.38 | $176.14B |
| QCOM Qualcomm Inc | 23.98 | $200.97B |
| MSFT Microsoft Corp | 36.7 | $3.16T |
| FICO Fair Isaac Corp | 82.95 | $39.68B |
| NOW ServiceNow Inc | 148.32 | $170.49B |
As of Jul 25, 2024, NOW stock has a price to earnings ratio of 148.53.
The 3-year average PE ratio for NOW stock is 285.95.
The 5-year average PE ratio for NOW stock is 366.98.
Over the last six years, the quarterly PE ratio reached a historic high of 13,728.5 in the Jun 2019 quarter.
The current price to earnings ratio of NOW is 85% lower than the 6-year historical average.
NOW's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), ServiceNow's stock price is $828.79. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.58. Therefore, ServiceNow's P/E ratio for today is 148.53. PE RATIO(148.53) = STOCK PRICE($828.79) / TTM EPS($5.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.