NOW ServiceNow PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: NOW
- PE Ratio
The current PE ratio for ServiceNow stock as of May 15, 2025 is 139.14. This is calculated based on the current EPS of $7.44 and the stock price of $1,035.18 per share. The P/E ratio has increased by 3.3% from the past four quarters average of 134.8.
NOW PE ratio history
The average historical PE ratio of ServiceNow for the last six years is 894.42. The current PE ratio of 139.14 is 84% 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.
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 |
|---|---|---|---|---|
| Mar 2025 | 107.01 | -30.15% | $796.14 | $7.44 |
| 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 |
NOW Price vs fair value
NOW average PE ratio chart
The current PE ratio of NOW is below the 3, 5 and 10-year averages.
NOW PE vs peers
Compared to its peer stocks MSFT and IBM, NOW's PE ratio stands higher. ServiceNow's current PE ratio of 139.14 is comparable to the average of its peer group, which is 39.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 10.28 | $27.13B |
| QCOM Qualcomm Inc | 15.35 | $167.57B |
| MSFT Microsoft Corp | 34.88 | $3.37T |
| IBM International Business Machines Corp | 44.97 | $247.85B |
| FICO Fair Isaac Corp | 92.43 | $53.08B |
| NOW ServiceNow Inc | 139.14 | $214.28B |
Frequently asked questions
What is ServiceNow's PE ratio?
As of May 15, 2025, NOW stock has a price to earnings ratio of 139.14.
What is the 3-year average PE ratio for ServiceNow (NOW)?
The 3-year average PE ratio for NOW stock is 185.12.
What is the 5-year average PE ratio for ServiceNow (NOW)?
The 5-year average PE ratio for NOW stock is 311.92.
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 84% 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 (May 15, 2025), ServiceNow's stock price is $1,035.18. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $7.44. Therefore, ServiceNow's P/E ratio for today is 139.14. PE RATIO(139.14) = STOCK PRICE($1,035.18) / TTM EPS($7.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.