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NEOG Neogen PE ratio, current and historical analysis

As of Jun 20, 2024, the Neogen stock's PE ratio is 825.0. This takes into account the latest EPS of $0.02 and stock price of $16.5.

NEOG PE ratio history

How has NEOG's PE ratio performed in the past

The PE ratio of Neogen has averaged 104.45 over the last ten years. The current price-to-earnings ratio of 825.0 is in line with the historical average. Analyzing the last ten years, NEOG's PE ratio reached its highest point in the Feb 2024 quarter at 859.5, when the price was $17.19 and the EPS was $0.02. The lowest point was recorded in the May 2019 quarter, when it reached 48.58 with a price of $28.18 and an EPS of $0.58.

Average
104.45
Median
60.85
Minimum
48.58
Maximum
859.5

Neogen PE ratio by year

Maximum annual increase: 29.61% in 2021

Maximum annual decrease: -27.38% in 2022

Year PE ratio Change
2023 N/A N/A
2022 58.8 -27.38%
2021 80.97 29.61%
2020 62.47 28.59%
2019 48.58 -20.44%
2018 61.06 13.2%
2017 53.94 7.79%
2016 50.04 -2.93%
2015 51.55 5.48%
2014 48.87 4.07%

NEOG average PE ratio chart

What is the average PE ratio of NEOG for the past years

Currently, NEOG's PE ratio is above its 3, 5 and 10-year averages.

3-year avg
246.86
5-year avg
161.11
10-year avg
104.45
15-year avg
82.18

NEOG PE vs peers

What is NEOG's PE ratio compared to its peers

When compared to its peer stocks TMO and DHR, NEOG's PE ratio is higher. Neogen's current PE ratio of 825.0 is in line with the average of its peers, which is 44.34.

Stock name PE ratio Market cap
TMO Thermo Fisher Scientific Inc 35.6 $212.7B
DHR Danaher Corp 41.7 $184.11B
IDXX Idexx Laboratories Inc 47.55 $40.96B
BDX Becton Dickinson & Co 52.51 $68.9B
NEOG Neogen Corp 825 $3.57B
ILMN Illumina Inc N/A $17.24B
PACB Pacific Biosciences Of California Inc N/A $427.6M

Frequently asked questions

What is Neogen's PE ratio?

As of Jun 20, 2024, NEOG stock has a price to earnings ratio of 825.

What is the 3-year average PE ratio for Neogen (NEOG)?

As an average over the last 3 years, NEOG stock has a PE ratio of 246.86.

What is the 5-year average PE ratio for Neogen (NEOG)?

As an average over the last 5 years, NEOG stock has a PE ratio of 161.11.

What is the highest PE ratio for NEOG?

Over the last ten years, the quarterly PE ratio reached its highest level at 859.5 in the Feb 2024 quarter.

How does the current PE ratio for NEOG compare to its historical average?

NEOG's price to earnings ratio is currently 690% above its 10-year historical average.

Why is Neogen's PE ratio so high?

NEOG's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.

How is NEOG's PE ratio calculated (Neogen PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 20, 2024), Neogen's share price is $16.5. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $0.02. Therefore, Neogen's price to earnings ratio for today is 825. PE RATIO(825) = STOCK PRICE($16.5) / TTM EPS($0.02)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.