NOW ServiceNow PE ratio, current and historical analysis

The current PE ratio for ServiceNow stock as of Jul 25, 2025 is 120.65. This is calculated based on the current EPS of $8.03 and the stock price of $968.79 per share. The P/E ratio has a decrease of 8% from the past four quarters average of 131.5.

NOW PE ratio history

How has NOW's PE ratio performed in the past

The average historical PE ratio of ServiceNow for the last seven years is 863.77. The current PE ratio of 120.65 is 86% below the historical average. Over the past seven 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
120.65
Average
863.77
Median
153.2
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
Jun 2025 128.03 19.64% $1,028.08 $8.03
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

NOW Price vs fair value

How does NOW's price compare to its estimated fair value based on its growth

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
153.18
5-year avg
313.11
10-year avg
863.77
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 120.65 is comparable to the average of its peer group, which is 34.3.

Stock name PE ratio Market cap
HPQ Hp Inc 9.84 $24.12B
QCOM Qualcomm Inc 15.94 $173.92B
MSFT Microsoft Corp 39.55 $3.82T
IBM International Business Machines Corp 41.23 $241.93B
FICO Fair Isaac Corp 64.96 $37.3B
NOW ServiceNow Inc 120.65 $201.51B

Frequently asked questions

What is ServiceNow's PE ratio?

As of Jul 25, 2025, NOW stock has a price to earnings ratio of 120.65.

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

The 3-year average PE ratio for NOW stock is 153.18.

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

The 5-year average PE ratio for NOW stock is 313.11.

What is the highest PE ratio for NOW?

Over the last seven 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 86% lower than the 7-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 (Jul 25, 2025), ServiceNow's stock price is $968.79. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $8.03. Therefore, ServiceNow's P/E ratio for today is 120.65. PE RATIO(120.65) = STOCK PRICE($968.79) / TTM EPS($8.03)

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