NOW ServiceNow PE ratio, current and historical analysis

The current PE ratio for ServiceNow stock as of Apr 2, 2025 is 119.08. This is calculated based on the current EPS of $6.92 and the stock price of $824.03 per share. The P/E ratio has a decrease of 7% from the past four quarters average of 128.2.

NOW PE ratio history

How has NOW's PE ratio performed in the past

The average historical PE ratio of ServiceNow for the last six years is 928.66. The current PE ratio of 119.08 is 87% 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.

Today
119.08
Average
928.66
Median
235.9
Minimum
71.85
Maximum
13,728.5

ServiceNow PE ratio by year

Maximum annual increase: 973.96% in 2020

Maximum annual decrease: -65.45% in 2023

Year PE ratio PE change Price EPS
2024 153.2 83.89% $1,060.12 $6.92
2023 83.31 -65.45% $706.49 $8.48
2022 241.16 -56.9% $388.27 $1.61
2021 559.58 -37.99% $649.11 $1.16
2020 902.34 973.96% $550.43 $0.61
2019 84.02 N/A $282.32 $3.36
2018 N/A N/A $178.05 -$0.15
2017 N/A N/A $130.39 -$0.68
2016 N/A N/A $74.34 -$2.52
2015 N/A N/A $86.56 -$1.27
2014 N/A N/A $67.85 -$1.23
2013 N/A N/A $56.01 -$0.54
2012 N/A N/A $30.03 -$0.51
2011 N/A N/A N/A $0.09
2010 N/A N/A N/A -$1.31

ServiceNow PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 153.2 11.17% $1,060.12 $6.92
Sep 2024 137.81 -2.25% $894.39 $6.49
Jun 2024 140.98 74.37% $786.67 $5.58
Mar 2024 80.85 -2.95% $762.4 $9.43
Dec 2023 83.31 15.95% $706.49 $8.48
Sep 2023 71.85 -10.63% $558.96 $7.78
Jun 2023 80.4 -65.92% $561.97 $6.99
Mar 2023 235.9 -2.18% $464.72 $1.97
Dec 2022 241.16 -36.14% $388.27 $1.61
Sep 2022 377.61 -26.15% $377.61 $1
Jun 2022 511.31 3.75% $475.52 $0.93
Mar 2022 492.82 -11.93% $556.89 $1.13
Dec 2021 559.58 0.72% $649.11 $1.16
Sep 2021 555.6 -12.04% $622.27 $1.12
Jun 2021 631.67 -1.48% $549.55 $0.87

NOW average PE ratio chart

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

The current PE ratio of NOW is below the 3, 5 and 10-year averages.

3-year avg
192.22
5-year avg
322.7
10-year avg
928.66
15-year avg
N/A

NOW PE vs peers

What is NOW's PE ratio compared to its peers

Compared to its peer stocks MSFT and IBM, NOW's PE ratio stands higher. ServiceNow's current PE ratio of 119.08 is comparable to the average of its peer group, which is 36.08.

Stock name PE ratio Market cap
HPQ Hp Inc 9.96 $26.28B
QCOM Qualcomm Inc 16.27 $170.41B
MSFT Microsoft Corp 30.64 $2.84T
IBM International Business Machines Corp 38.22 $231.8B
FICO Fair Isaac Corp 85.32 $46.15B
NOW ServiceNow Inc 119.08 $169.75B

Frequently asked questions

What is ServiceNow's PE ratio?

As of Apr 2, 2025, NOW stock has a price to earnings ratio of 119.08.

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

The 3-year average PE ratio for NOW stock is 192.22.

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

The 5-year average PE ratio for NOW stock is 322.7.

What is the highest PE ratio for NOW?

Over the last six years, the quarterly PE ratio reached a historic high of 13,728.5 in the Jun 2019 quarter.

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

The current price to earnings ratio of NOW is 87% lower than the 6-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 (Apr 2, 2025), ServiceNow's stock price is $824.03. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $6.92. Therefore, ServiceNow's P/E ratio for today is 119.08. PE RATIO(119.08) = STOCK PRICE($824.03) / TTM EPS($6.92)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.