Neenah (NP) has a P/E ratio of 20.91, below the Materials sector average of 24.53.
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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.
Neenah (NP) currently reports a P/E ratio of 20.91. That is below the Materials sector average of 24.53. Use the charts on this page to explore Neenah's P/E ratio history and peer comparisons.
Neenah's P/E ratio of 20.91 is lower than the Materials sector average of 24.53. That is roughly 14.8% 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 Neenah's market price to a fundamental measure such as earnings, sales, or book value. At 20.91, NP can look expensive or cheap only in context — versus its own history, growth rate, and Materials peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 20.91, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is 24.53. From there, open related valuation or income-statement pages for Neenah, and consider following NP for alerts when major investors trade the stock.
Neenah is classified in the Materials sector. On P/E ratio, it currently shows 20.91 versus a sector average near 24.53. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Materials are usually more informative than comparing NP with unrelated industries.