ServiceNow price to sales ratio NOW
Market value divided by revenue over the last twelve months, since 2013.
- Today, Oct 23, 2026
- 11.2×
- 10-year median
- 15.5×
- Against its 10-year history
- 12th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.5× to 27.3×
- Peer median
- 9.1×
ServiceNow's price to sales ratio is 11.2× as of Oct 23, 2026.
That is below its ten-year median of 15.5×, lower than on 88% of days in the last ten years.
Over that time it ranged from 6.5× in Apr 2026 to 27.3× in Feb 2021.
The median for 10 application software stocks of a similar size is 9.1×.
Price to sales ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 11.2× | 6.5× | 12.1× |
| 2025 | 12.6× | 12.6× | 22.1× |
| 2024 | 21.3× | 14.2× | 22.1× |
| 2023 | 17.1× | 10.7× | 17.1× |
| 2022 | 11.4× | 10.4× | 20.4× |
| 2021 | 23.4× | 18.8× | 27.3× |
| 2020 | 25.4× | 13.7× | 26.1× |
| 2019 | 16.8× | 13.2× | 19.8× |
| 2018 | 13.3× | 11.8× | 16.0× |
| 2017 | 12.7× | 10.2× | 13.2× |
| 2016 | 9.6× | 8.7× | 13.5× |
| 2015 | 15.0× | 13.0× | 19.2× |
| 2014 | 17.0× | 13.9× | 25.7× |
| 2013 | 20.6× | 17.5× | 23.7× |
Against its peers
Companies in Software - Application nearest ServiceNow's size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| NOWServiceNow | 11.2× |
| UBERUber Technologies | 2.5× |
| CRMSalesforce | 4.7× |
| SHOPShopify | 16.4× |
| ADPAutomatic Data Processing | 5.5× |
| SNOWSnowflake | 21.1× |
| ADBEAdobe | 4.0× |
| DDOGDatadog | 24.4× |
| INTUIntuit | 4.3× |
| CDNSCadence Design Systems | 14.9× |
| APPAppLovin | 12.8× |
| Peer median | 9.1× |
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on ServiceNow
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.