The current PE ratio for ServiceNow stock as of Apr 25, 2024 is 84.46. This is calculated based on the current EPS of $8.48 and the stock price of $716.25 per share. The P/E ratio has a decrease of 28% from the past four quarters average of 117.9.
The average historical PE ratio of ServiceNow for the last five years is 1097.17. The current PE ratio of 84.46 is 92% below the historical average. Over the past five 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 PE ratio is trading above the peer group average of 30.75.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 8.09 | $27.46B |
| IBM International Business Machines Corp | 20.28 | $153.22B |
| QCOM Qualcomm Inc | 23.81 | $184.94B |
| MSFT Microsoft Corp | 35.05 | $3.02T |
| FICO Fair Isaac Corp | 57.38 | $27.45B |
| NOW ServiceNow Inc | 85.32 | $148.33B |
As of Apr 25, 2024, NOW stock has a price to earnings ratio of 84.46.
The 3-year average PE ratio for NOW stock is 349.2.
The 5-year average PE ratio for NOW stock is 1097.17.
Over the last five 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 92% lower than the 5-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 (Apr 25, 2024), ServiceNow's stock price is $716.25. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.48. Therefore, ServiceNow's P/E ratio for today is 84.46. PE RATIO(84.46) = STOCK PRICE($716.25) / TTM EPS($8.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.