As of Jul 26, 2024, the Neogen stock's PE ratio is 866.5. This takes into account the latest EPS of $0.02 and stock price of $17.33.
The PE ratio of Neogen has averaged 104.45 over the last ten years. The current price-to-earnings ratio of 866.5 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.
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% |
Currently, NEOG's PE ratio is above its 3, 5 and 10-year averages.
When compared to its peer stocks TMO and DHR, NEOG's PE ratio is higher. Neogen's current PE ratio of 866.5 is in line with the average of its peers, which is 46.06.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
| IDXX Idexx Laboratories Inc | 45.03 | $38.79B |
| DHR Danaher Corp | 48.14 | $197.82B |
| BDX Becton Dickinson & Co | 52.27 | $68.58B |
| NEOG Neogen Corp | 866.5 | $3.75B |
| ILMN Illumina Inc | N/A | $19.18B |
| PACB Pacific Biosciences Of California Inc | N/A | $581.48M |
As of Jul 26, 2024, NEOG stock has a price to earnings ratio of 866.5.
As an average over the last 3 years, NEOG stock has a PE ratio of 246.86.
As an average over the last 5 years, NEOG stock has a PE ratio of 161.11.
Within the last ten years, the current price to earnings ratio is at its peak with a value of 866.5.
NEOG's price to earnings ratio is currently 730% above its 10-year historical average.
NEOG's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Neogen's share price is $17.33. 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 866.5. PE RATIO(866.5) = STOCK PRICE($17.33) / TTM EPS($0.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.