P/E ratio for Neogen (NEOG)

P/E ratio history for Neogen from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
PerkinElmer PKI	15.0	-111.99%	🇺🇸 USA
IDEXX Laboratories IDXX	42.2	-133.85%	🇺🇸 USA
Illumina ILMN	-4.95	-96.03%	🇺🇸 USA
Pacific Biosciences PACB	-1.35	-98.91%	🇺🇸 USA
Meridian Bioscience VIVO	35.0	-128.07%	🇺🇸 USA
Thermo Fisher Scientific TMO	33.4	-126.79%	🇺🇸 USA
Danaher DHR	29.1	-123.29%	🇺🇸 USA
Becton Dickinson BDX	40.1	-132.11%	🇺🇸 USA

How to read a P/E ratio?

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.