Is ServiceNow, Inc. overvalued?

ServiceNow, Inc. (NOW) looks overvalued — trading about 24% above its fair value.

Overvalued

Price

$98.34

Fair value

$75.15

Current P/E

58.9

Normal P/E

45.0

Market cap

$101.42B

Dividend yield

0.0%

Return on equity

13.5%

Sector

Technology

Fair value compares NOW's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.

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