The current PE ratio for Newmarket stock as of Nov 5, 2025 is 16.57. This is calculated based on the current EPS of $47.33 and the stock price of $784.41 per share. The P/E ratio has increased by 24% from the past four quarters average of 13.4.
The average historical PE ratio of Newmarket for the last ten years is 17.54. The current PE ratio of 16.57 is 6% below the historical average. Over the past ten years, NEU's PE ratio was at its highest in the Jun 2018 quarter at 26.86, when the stock price was $404.5 and the EPS was $15.06. The lowest value was in the Dec 2024 quarter, when it reached 10.96 with a price of $528.35 and an EPS of $48.22.
Maximum annual increase: 30.73% in 2014
Maximum annual decrease: -42.12% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.96 | -18.81% | $528.35 | $48.22 |
| 2023 | 13.5 | 20.54% | $545.83 | $40.44 |
| 2022 | 11.2 | -42.12% | $311.11 | $27.77 |
| 2021 | 19.35 | 19.74% | $342.72 | $17.71 |
| 2020 | 16.16 | -24.49% | $398.29 | $24.64 |
| 2019 | 21.4 | 5.63% | $486.52 | $22.73 |
| 2018 | 20.26 | -18.01% | $412.09 | $20.34 |
| 2017 | 24.71 | 19.78% | $397.39 | $16.08 |
| 2016 | 20.63 | 5.42% | $423.84 | $20.54 |
| 2015 | 19.57 | -10.84% | $380.73 | $19.45 |
| 2014 | 21.95 | 30.73% | $403.53 | $18.38 |
| 2013 | 16.79 | 14.3% | $334.15 | $19.9 |
| 2012 | 14.69 | 11.97% | $262.2 | $17.85 |
| 2011 | 13.12 | 28.88% | $198.11 | $15.1 |
| 2010 | 10.18 | -5.39% | $123.37 | $12.12 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 17.5 | 27.83% | $828.21 | $47.33 |
| Jun 2025 | 13.69 | 21.47% | $690.86 | $50.45 |
| Mar 2025 | 11.27 | 2.83% | $566.45 | $50.24 |
| Dec 2024 | 10.96 | -10.53% | $528.35 | $48.22 |
| Sep 2024 | 12.25 | 1.83% | $551.89 | $45.04 |
| Jun 2024 | 12.03 | -21.17% | $515.57 | $42.85 |
| Mar 2024 | 15.26 | 13.04% | $634.62 | $41.58 |
| Dec 2023 | 13.5 | 22.28% | $545.83 | $40.44 |
| Sep 2023 | 11.04 | -1.34% | $455.04 | $41.22 |
| Jun 2023 | 11.19 | -1.5% | $402.12 | $35.94 |
| Mar 2023 | 11.36 | 1.43% | $364.98 | $32.12 |
| Dec 2022 | 11.2 | -24.12% | $311.11 | $27.77 |
| Sep 2022 | 14.76 | -7.52% | $300.83 | $20.38 |
| Jun 2022 | 15.96 | -16% | $300.96 | $18.86 |
| Mar 2022 | 19 | -1.81% | $324.38 | $17.07 |
NEU's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
Newmarket's P/E of 16.57 is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 22.74, Newmarket's P/E is 27% lower.
Compared to its peers CVX and IOSP, NEU's PE ratio stands lower, however it is higher than XOM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| XOM Exxon Mobil Corp | 16.52 | $479.41B |
| NEU Newmarket Corp | 16.57 | $7.37B |
| CVX Chevron Corp | 19.57 | $263.8B |
| IOSP Innospec Inc | 96.12 | $1.84B |
| GEVO Gevo Inc | N/A | $522.37M |
The price to earnings ratio for NEU stock as of Nov 5, 2025, stands at 16.57.
As an average over the last 3 years, NEU stock has a PE ratio of 12.6.
As an average over the last 5 years, NEU stock has a PE ratio of 14.03.
The highest quarterly PE ratio in the last ten years has been 26.86 and it was in the Jun 2018 quarter.
The current price to earnings ratio of NEU is 6% lower than the 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Newmarket's stock price is $784.41. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $47.33. Therefore, Newmarket's P/E ratio for today is 16.57. PE RATIO(16.57) = STOCK PRICE($784.41) / TTM EPS($47.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.