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NOW ServiceNow PE ratio, current and historical analysis

The current PE ratio for ServiceNow stock as of Jun 18, 2024 is 77.43. This is calculated based on the current EPS of $9.43 and the stock price of $730.17 per share. The P/E ratio has a decrease of 2.1% from the past four quarters average of 79.1.

NOW PE ratio history

How has NOW's PE ratio performed in the past

The average historical PE ratio of ServiceNow for the last five years is 1046.36. The current PE ratio of 77.43 is 93% 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.

Average
1,046.36
Median
309.39
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 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

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
326.84
5-year avg
1,046.36
10-year avg
1,046.36
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 QCOM, NOW's PE ratio stands higher. ServiceNow's PE ratio is trading above the peer group average of 34.69.

Stock name PE ratio Market cap
HPQ Hp Inc 12.25 $35.96B
IBM International Business Machines Corp 19.01 $156.67B
QCOM Qualcomm Inc 30.24 $253.43B
MSFT Microsoft Corp 38.51 $3.32T
FICO Fair Isaac Corp 73.44 $35.13B
NOW ServiceNow Inc 77.43 $149.68B

Frequently asked questions

What is ServiceNow's PE ratio?

As of Jun 18, 2024, NOW stock has a price to earnings ratio of 77.43.

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

The 3-year average PE ratio for NOW stock is 326.84.

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

The 5-year average PE ratio for NOW stock is 1046.36.

What is the highest PE ratio for NOW?

Over the last five 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 93% lower than the 5-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 (Jun 18, 2024), ServiceNow's stock price is $730.17. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.43. Therefore, ServiceNow's P/E ratio for today is 77.43. PE RATIO(77.43) = STOCK PRICE($730.17) / TTM EPS($9.43)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.