New Relic, Inc.
NEWR
Category
| Year | P/E Ratio | Change |
|---|---|---|
| 2023 | -28.47 | 52.95% |
| 2022 | -18.61 | -5.37% |
| 2021 | -19.67 | -33.96% |
| 2020 | -29.78 | -77.58% |
| 2019 | -132.86 | 48.20% |
| 2018 | -89.65 | 185.61% |
| 2017 | -31.39 | 67.78% |
| 2016 | -18.71 | -41.91% |
| 2015 | -32.20 | -6.62% |
| 2014 | -34.48 | -43.96% |
| 2013 | -61.54 | -63.13% |
| 2012 | -166.90 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 29.65 | - |
US
|
|
| 159.50 | - |
US
|
|
| 20.15 | - |
US
|
|
| 815.30 | - |
US
|
|
| 7.08K | - |
US
|
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.