ServiceNow
NOW
#58
Rank
NZ$348.26 B
Marketcap
$1,688
Share price
-0.71%
Change (1 day)
61.02%
Change (1 year)
ServiceNow, Inc. is an American software company that develops a cloud computing platform to help companies manage digital workflows for enterprise operations.

P/E ratio for ServiceNow (NOW)

P/E ratio as of November 2024 (TTM): 130

According to ServiceNow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 130.334. 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
2022241-56.53%
2021555-37.51%
2020888944.02%
201985.0-107.16%
2018< -1000692%
2017-150460.46%
2016-26.7-60.77%
2015-68.223.56%
2014-55.2-46.82%
2013-104155.59%
2012-40.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.2-78.33%๐Ÿ‡บ๐Ÿ‡ธ USA
140 7.72%๐Ÿ‡บ๐Ÿ‡ธ USA
-33.5-125.73%๐Ÿ‡บ๐Ÿ‡ธ USA
36.5-71.96%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-87.86%๐Ÿ‡บ๐Ÿ‡ธ USA
26.6-79.60%๐Ÿ‡บ๐Ÿ‡ธ 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.