NewMarket Pe Ratio from 2010 to 2024

NEU Stock  USD 540.97  1.78  0.33%   
NewMarket PE Ratio yearly trend continues to be comparatively stable with very little volatility. PE Ratio will likely drop to 9.92 in 2024. From the period from 2010 to 2024, NewMarket PE Ratio quarterly data regression had r-value of (0.06) and coefficient of variation of  27.79. View All Fundamentals
 
PE Ratio  
First Reported
2010-12-31
Previous Quarter
13.45120374
Current Value
9.92
Quarterly Volatility
4.6800568
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NewMarket financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewMarket's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.3 M, Interest Expense of 39.2 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0154 or PTB Ratio of 3.26. NewMarket financial statements analysis is a perfect complement when working with NewMarket Valuation or Volatility modules.
  
Check out the analysis of NewMarket Correlation against competitors.
For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.

Latest NewMarket's Pe Ratio Growth Pattern

Below is the plot of the Pe Ratio of NewMarket over the last few years. It is NewMarket's PE Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewMarket's overall financial position and show how it may be relating to other accounts over time.
Pe Ratio10 Years Trend
Very volatile
   Pe Ratio   
       Timeline  

NewMarket Pe Ratio Regression Statistics

Arithmetic Mean16.84
Geometric Mean16.19
Coefficient Of Variation27.79
Mean Deviation3.96
Median16.77
Standard Deviation4.68
Sample Variance21.90
Range14.8787
R-Value(0.06)
Mean Square Error23.49
R-Squared0
Significance0.82
Slope(0.07)
Total Sum of Squares306.64

NewMarket Pe Ratio History

2024 9.92
2023 13.45
2022 11.17
2021 19.31
2020 16.14
2019 21.36
2018 20.22

About NewMarket Financial Statements

NewMarket shareholders use historical fundamental indicators, such as Pe Ratio, to determine how well the company is positioned to perform in the future. Although NewMarket investors may analyze each financial statement separately, they are all interrelated. The changes in NewMarket's assets and liabilities, for example, are also reflected in the revenues and expenses on on NewMarket's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
PE Ratio 13.45  9.92 

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Additional Tools for NewMarket Stock Analysis

When running NewMarket's price analysis, check to measure NewMarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.