New Relic Overview
Valuation check: NEWR's P/E ratio is -32.95, below the Technology sector average of 25.44.
Get informed when a big investor buys or sells
+ Follow-32.95
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
New Relic (NEWR) currently reports a P/E ratio of -32.95. That is below the Technology sector average of 25.44. Use the charts on this page to explore New Relic's P/E ratio history and peer comparisons.
New Relic's P/E ratio of -32.95 is lower than the Technology sector average of 25.44. That is roughly 229.5% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates New Relic's market price to a fundamental measure such as earnings, sales, or book value. At -32.95, NEWR can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of -32.95, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 25.44. From there, open related valuation or income-statement pages for New Relic, and consider following NEWR for alerts when major investors trade the stock.
New Relic is classified in the Technology sector. On P/E ratio, it currently shows -32.95 versus a sector average near 25.44. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing NEWR with unrelated industries.
