NOW
ServiceNow
PEG ratio, current and historical analysis
- Stocks
- Technology
- NYSE: NOW
- PEG Ratio
ServiceNow currently trades with a PEG ratio of 121.35, based on Aug 5, 2026 data. Dividing the 72.81 PE ratio by the 0.6% earnings growth rate produces this figure. Relative to the 28.79 average from the past four quarters, the PEG ratio has surged by 322%.
NOW PEG ratio history
Historically, ServiceNow has a PEG ratio averaging 10.88 across the last seven years. At 121.35, today's PEG ratio sits 1,015% more than its historical average. The seven years high came in the Jun 2026 quarter at 102.77, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2019 quarter at 0.04, suggesting attractive value relative to growth during that period.
ServiceNow PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 4.03 | 90.64 | 22.5% |
| 2024 | N/A | 153.64 | -18.8% |
| 2023 | 0.19 | 83.12 | 431.3% |
| 2022 | 6.21 | 242.67 | 39.1% |
| 2021 | 6.16 | 564.44 | 91.7% |
| 2020 | N/A | 917.38 | -82.1% |
| 2019 | 0.04 | 84.27 | 2,333.3% |
| 2018 | N/A | N/A | 78.6% |
| 2017 | N/A | N/A | 72% |
| 2016 | N/A | N/A | -100% |
| 2015 | N/A | N/A | 0% |
| 2014 | N/A | N/A | -127.3% |
| 2013 | N/A | N/A | -10% |
| 2012 | N/A | N/A | -600% |
| 2011 | N/A | N/A | 107.7% |
ServiceNow PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 102.77 | 61.66 | 0.6% |
| Mar 2026 | 4.36 | 61.86 | 14.2% |
| Dec 2025 | 4.03 | 90.64 | 22.5% |
| Sep 2025 | 4 | 110.88 | 27.7% |
| Jun 2025 | 3 | 128.51 | 42.9% |
| Mar 2025 | N/A | 107.59 | -21.3% |
| Dec 2024 | N/A | 153.64 | -18.8% |
| Sep 2024 | N/A | 137.6 | -16.1% |
| Jun 2024 | N/A | 140.48 | -19.4% |
| Mar 2024 | 0.21 | 81.11 | 382.1% |
| Dec 2023 | 0.19 | 83.12 | 431.3% |
| Sep 2023 | 0.11 | 72.12 | 675% |
| Jun 2023 | 0.13 | 80.86 | 631.6% |
| Mar 2023 | 3.42 | 238.32 | 69.6% |
| Dec 2022 | 6.21 | 242.67 | 39.1% |
NOW average PEG ratio chart
When comparing to historical data, NOW's PEG ratio sits above the 3, 5 and 10-year averages.
PEG comparison
ServiceNow's PEG of 121.35 is higher than the Technology sector, the industry and its peers average.
NOW EPS growth
NOW Price vs fair value
NOW PEG vs peers
NOW reports a PEG ratio higher than that of peer stocks MSFT and IBM. With a PEG ratio of 121.35, ServiceNow is higher than the 1.08 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| IBM International Business Machines Corp | 0.25 | $222.27B |
| MSFT Microsoft Corporation | 0.86 | $3.62T |
| FICO Fair Isaac Corp | 0.92 | $23.57B |
| HPQ HP Inc | 2.27 | $26.08B |
| NOW ServiceNow Inc | 121.35 | $121.21B |
| QCOM Qualcomm Inc | N/A | $165.41B |
Frequently asked questions
What is ServiceNow's PEG ratio?
NOW has a PEG ratio of 121.35, per Aug 5, 2026 data.
What is the 3-year average PEG ratio for ServiceNow (NOW)?
Across the past 3 years, NOW's PEG ratio has averaged at 14.83.
What is the 5-year average PEG ratio for ServiceNow (NOW)?
Across the past 5 years, NOW's PEG ratio has averaged at 13.43.
What is the highest PEG ratio for NOW?
At 121.35, NOW's current PEG ratio marks the highest value observed over the past seven years.
How does the current PEG ratio for NOW compare to its historical average?
Compared to the 7-year average, NOW's PEG ratio stands 1,015% higher.
Why is ServiceNow's PEG ratio so high?
The elevated PEG ratio of 121.35 indicates that NOW may be priced above its earnings growth potential.
How is NOW's PEG ratio calculated (ServiceNow PEG ratio formula)?
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Aug 5, 2026, ServiceNow has a PE ratio of 72.81. Earnings grew at 0.6% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 121.35. PEG RATIO(121.35) = PE RATIO(72.81) / EPS GROWTH(0.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.