As of 2024-07-27, the Relative Valuation of New Relic Inc (NEWR) is (61.16) USD. This relative valuation is based on P/E multiples. With the latest stock price at 86.99 USD, the upside of New Relic Inc based on Relative Valuation is -170.3%.
The range of the Relative Valuation is (60.19) - (60.19) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 29.6x - 33.7x | 31.6x |
| Forward P/E multiples | 27.4x - 29.6x | 28.5x |
| Fair Price | (60.19) - (60.19) | (61.16) |
| Upside | -169.2% - -169.2% | -170.3% |
| Date | P/E |