Back to NEOG overview
#
NEOG Neogen
PE ratio, current and historical analysis

## NEOG PE ratio history

### Neogen PE ratio by year

## NEOG average PE ratio chart

## NEOG PE vs peers

## Frequently asked questions

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What is Neogen's PE ratio?

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

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

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What is the highest PE ratio for NEOG?

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

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Why is Neogen's PE ratio so high?

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

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.

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

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% |

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

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 |

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

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.

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

NEOG's price to earnings ratio is currently 690% 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 (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.