NEU Newmarket PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 65
Relative Strength: Rel. Strength: 79
Relative Valuation: Rel. Valuation: 68
Relative Profitability: Rel. Profitability: 75

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.

NEU PE ratio history

How has NEU's PE ratio performed in the past

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.

Today
16.57
Average
17.54
Median
17.51
Minimum
10.96
Maximum
26.86

Newmarket PE ratio by year

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

Newmarket PE ratio by quarter (TTM)

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 Price vs fair value

How does NEU's price compare to its estimated fair value based on its growth

NEU average PE ratio chart

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

NEU's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
12.6
5-year avg
14.03
10-year avg
17.54
15-year avg
17.05

PE comparison

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.

NEU PE vs peers

What is NEU's PE ratio compared to its peers

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

Frequently asked questions

What is Newmarket's PE ratio?

The price to earnings ratio for NEU stock as of Nov 5, 2025, stands at 16.57.

What is the 3-year average PE ratio for Newmarket (NEU)?

As an average over the last 3 years, NEU stock has a PE ratio of 12.6.

What is the 5-year average PE ratio for Newmarket (NEU)?

As an average over the last 5 years, NEU stock has a PE ratio of 14.03.

What is the highest PE ratio for NEU?

The highest quarterly PE ratio in the last ten years has been 26.86 and it was in the Jun 2018 quarter.

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

The current price to earnings ratio of NEU is 6% lower than the 10-year historical average.

How is NEU's PE ratio calculated (Newmarket PE ratio formula)?

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.