ServiceNow forward PE NOW

Share price divided by analysts' consensus earnings for the next twelve months, since 2015.

Today, Oct 23, 2026: 35.1×
10-year median: 70.8×
Against its 10-year history: 8th; percentile: 0 is its lowest day, 100 its highest
10-year range: 20.6× to 124×
Peer median: 17.3×

ServiceNow's forward PE is 35.1× as of Oct 23, 2026.

That is below its ten-year median of 70.8×, lower than on 92% of days in the last ten years.

Over that time it ranged from 20.6× in Apr 2026 to 124× in Oct 2020.

The median for 10 application software stocks of a similar size is 17.3×.

Forward PE over time

median 70.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	35.1×	20.6×	39.4×
2025	41.2×	41.2×	73.5×
2024	70.7×	47.7×	73.5×
2023	57.9×	41.3×	57.9×
2022	44.8×	41.7×	86.6×
2021	99.2×	86.6×	119×
2020	120×	61.5×	124×
2019	74.1×	62.3×	90.1×
2018	66.8×	59.5×	93.0×
2017	81.0×	75.7×	101×
2016	89.6×	89.6×	206×
2015	228×	208×	335×

Against its peers

Companies in Software - Application nearest ServiceNow's size, closest first, today.

Company	Forward PE
NOWServiceNow	35.1×
UBERUber Technologies	17.3×
CRMSalesforce	16.9×
SHOPShopify	n/m
ADPAutomatic Data Processing	24.8×
SNOWSnowflake	128×
ADBEAdobe	9.8×
DDOGDatadog	101×
INTUIntuit	14.9×
CDNSCadence Design Systems	36.9×
APPAppLovin	14.4×
Peer median	17.3×

Where ServiceNow ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on ServiceNow

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.