As of 2024-10-14, the Relative Valuation of New Relic Inc (NEWR) is (50.33) 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 -157.9%.
The range of the Relative Valuation is (50.02) - (50.84) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
Trailing P/E multiples | 24.6x - 25.0x | 24.8x |
Forward P/E multiples | 24.4x - 25.0x | 24.7x |
Fair Price | (50.02) - (50.84) | (50.33) |
Upside | -157.5% - -158.4% | -157.9% |
Date | P/E |