Back to NOW overview
#
NOW ServiceNow
PE ratio, current and historical analysis

## NOW PE ratio history

### ServiceNow PE ratio by year

## NOW average PE ratio chart

## NOW PE vs peers

## Frequently asked questions

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What is ServiceNow's PE ratio?

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

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

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What is the highest PE ratio for NOW?

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

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Why is ServiceNow's PE ratio so high?

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How is NOW's PE ratio calculated (ServiceNow PE ratio formula)?

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.

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

Maximum annual increase: 973.96% in 2020

Maximum annual decrease: -65.45% in 2023

Year | PE ratio | Change |
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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 |

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

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 |

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

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

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

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 93% 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 (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.