New Relic
NEWR
$86.99
Share price
0.02%
Change (1 day)
12.80%
Change (1 year)
Categories
New Relic (NEWR) - P/B ratio
P/B ratio as of May 2024 : 14.7
According to New Relic
's latest financial reports the company has a price-to-book ratio of 14.7.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
New Relic - P/B ratio (from 2014 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 10.7 | -46.44% |
| 2021-12-31 | 20.0 | 111.17% |
| 2020-12-31 | 9.46 | -8.48% |
| 2019-12-31 | 10.3 | -26.62% |
| 2018-12-31 | 14.1 | -10.49% |
| 2017-12-31 | 15.7 | 99.21% |
| 2016-12-31 | 7.90 | -11.62% |
| 2015-12-31 | 8.94 | 22.82% |
| 2014-12-31 | 7.28 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Workday WDAY | 8.01 | -45.35% | 🇺🇸 USA |
 Qualys QLYS | 16.6 | 13.30% | 🇺🇸 USA |
 Veeva Systems VEEV | 6.92 | -52.77% | 🇺🇸 USA |
 Globant GLOB | 4.30 | -70.68% | 🇱🇺 Luxembourg |