ServiceNow (NOW) Price to Book (2012 - 2026)
ServiceNow's (NOW) quarterly Price to Book came in at 8.2 in Q2 2026, down 58.07% on a YoY basis from 19.56 in Q2 2025, and down 10.79% quarter-over-quarter from 9.19 in Q1 2026.
ServiceNow (NOW) Price to Book (2012 - 2026) Analysis & Trends
ServiceNow (NOW) has reported Price to Book for 15 consecutive years, with 8.2 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book fell 58.07% year-over-year to 8.2; the trailing twelve-month figure through Jun 2026 stood at 8.2 (down 58.07% YoY), and the FY2025 full-year result was 12.38, down 45.68% from the prior year.
- Price to Book declined to 8.2 in Q2 2026 per NOW's latest filing, from 9.19 in the prior quarter.
- Across five years, Price to Book topped out at 27.94 in Q1 2022 and bottomed at 8.2 in Q2 2026.
- Historically, Price to Book has averaged 17.5 across 5 years, with a median of 16.93 in 2023.
- The sharpest annual moves came in 2024 and 2026: Price to Book climbed 24.5% in 2024, then tumbled 58.07% in 2026.
- Over 5 years, Price to Book stood at 15.65 in 2022, then increased by 21.12% to 18.96 in 2023, then climbed by 20.14% to 22.78 in 2024, then sank by 45.68% to 12.38 in 2025, then slumped by 33.72% to 8.2 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 8.2, 9.19, and 12.38 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.20 |
| Mar 31, 2026 | 9.19 |
| Dec 31, 2025 | 12.38 |
| Sep 30, 2025 | 16.94 |
| Jun 30, 2025 | 19.56 |
| Mar 31, 2025 | 16.25 |
| Dec 31, 2024 | 22.78 |
| Sep 30, 2024 | 19.86 |
| Jun 30, 2024 | 18.69 |
| Mar 31, 2024 | 19.32 |
| Dec 31, 2023 | 18.96 |
| Sep 30, 2023 | 15.95 |
| Jun 30, 2023 | 16.58 |
| Mar 31, 2023 | 16.93 |
| Dec 31, 2022 | 15.65 |
| Sep 30, 2022 | 16.90 |
| Jun 30, 2022 | 22.90 |
| Mar 31, 2022 | 27.94 |
| Dec 31, 2021 | 35.07 |
| Sep 30, 2021 | 35.04 |
ServiceNow Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=NOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();