A Look Into ServiceNow Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
ServiceNow Inc. (NYSE:NOW) has a current stock price of $915.17, with a slight drop of 0.30% in the current session. Over the past month, the stock increased by 3.14% and by 66.61% over the past year. The company's P/E ratio is 166.3, higher than the software industry's average of 96.98, suggesting potential overvaluation or expected future performance.
October 23, 2024 | 1:02 pm
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ServiceNow Inc.'s stock price is $915.17, with a P/E ratio of 166.3, significantly higher than the software industry average of 96.98. This could indicate overvaluation or investor optimism about future performance.
The article highlights ServiceNow's high P/E ratio compared to the industry average, suggesting potential overvaluation or expected future growth. The stock's recent performance and high P/E ratio are key points for investors.
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