NOW ServiceNow PE ratio, current and historical analysis
The current PE ratio for ServiceNow stock as of Nov 21, 2024 is 161.33. This is calculated based on the current EPS of $6.49 and the stock price of $1,047.05 per share. The P/E ratio has increased by 46% from the past four quarters average of 110.7.
NOW PE ratio history
The average historical PE ratio of ServiceNow for the last six years is 963.91. The current PE ratio of 161.33 is 83% 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 | 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
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 161.33 is comparable to the average of its peer group, which is 41.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 13.16 | $36.53B |
| QCOM Qualcomm Inc | 17.1 | $172.72B |
| IBM International Business Machines Corp | 31.82 | $205.64B |
| MSFT Microsoft Corp | 33.93 | $3.07T |
| FICO Fair Isaac Corp | 112.5 | $56.92B |
| NOW ServiceNow Inc | 161.33 | $215.69B |
Frequently asked questions
What is ServiceNow's PE ratio?
As of Nov 21, 2024, NOW stock has a price to earnings ratio of 161.33.
What is the 3-year average PE ratio for ServiceNow (NOW)?
The 3-year average PE ratio for NOW stock is 251.13.
What is the 5-year average PE ratio for ServiceNow (NOW)?
The 5-year average PE ratio for NOW stock is 307.07.
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 83% 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 (Nov 21, 2024), ServiceNow's stock price is $1,047.05. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.49. Therefore, ServiceNow's P/E ratio for today is 161.33. PE RATIO(161.33) = STOCK PRICE($1,047.05) / TTM EPS($6.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.