P/E ratio for ServiceNow (NOW)
P/E ratio as of April 2025 (TTM): 94.5
According to ServiceNow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 94.4679. At the end of 2022 the company had a P/E ratio of 241.
P/E ratio history for ServiceNow from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 241 | -56.53% |
| 2021 | 555 | -37.51% |
| 2020 | 888 | 944.02% |
| 2019 | 85.0 | -107.16% |
| 2018 | < -1000 | 692% |
| 2017 | -150 | 460.46% |
| 2016 | -26.7 | -60.77% |
| 2015 | -68.2 | 23.56% |
| 2014 | -55.2 | -46.82% |
| 2013 | -104 | 155.59% |
| 2012 | -40.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 30.7 | -67.50% | 🇺🇸 USA |
 | 104 | 9.98% | 🇺🇸 USA |
 | -33.5 | -135.51% | 🇺🇸 USA |
 | 31.6 | -66.57% | 🇺🇸 USA |
 | 9.80 | -89.63% | 🇺🇸 USA |
 | 20.3 | -78.56% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.