What is the price-to-earnings ratio of NewMarket?
The price-earnings ratio of NewMarket is currently 1.42.
NewMarket P/S 2024
NewMarket P/S
1.42
Ticker
NEU
ISIN
US6515871076
WKN
A0B5U3
As of Sep 25, 2024, NewMarket's P/S ratio stood at 1.42, a 21.37% change from the 1.17 P/S ratio recorded in the previous year.
The NewMarket P/S history
NewMarket Aktienanalyse
What does NewMarket do?
NewMarket Corp is an American company that operates in the fields of chemicals, petrochemicals, and additives. It was founded in 1887 as the Virginia-Carolina Chemical Company and is headquartered in Richmond, Virginia. Originally, the company specialized in the production of fertilizers and insect and pest repellents. However, in the 1970s, NewMarket began to expand its portfolio by entering the field of petrochemical additives. Since then, the company has become a leading manufacturer of additives for fuel, lubricants, and hydraulic fluids. NewMarket Corp operates in four different segments: Petroleum Additives, Lubes, Aerojet Rocketdyne, and Fluoroproducts. The Petroleum Additives division is the largest part of the company and produces a wide range of additives for fuels, engine oils, and industrial applications. The product range also includes aviation fuels, marine fuels, and specialty fuels for military applications. The Lubes division produces lubricants for a variety of applications. In addition to conventional motor oils for cars and trucks, the company also offers specialized lubricants for the aviation industry, agriculture, and other demanding applications. The Aerojet Rocketdyne division specializes in high-performance propulsion and engine components for the aerospace industry. The company develops and manufactures rocket engines that can be used for both civilian and military applications. Finally, the Fluoroproducts division produces fluorinated chemicals and polymer products used in industries such as electronics, automotive, and aerospace. This includes adhesives, release agents, and specialty films. An important aspect of NewMarket Corp's business model is its close collaboration with its customers. The company has an extensive research and development team that ensures continuous improvement of technology and that products meet customer needs. In addition, the company has a global presence and operates production and distribution facilities in North America, Europe, Asia, and Australia. NewMarket Corp's commitment to sustainability is also an important part of its business model. The company aims to continuously minimize the environmental impact of its products and processes and ensures that all products comply with legal requirements and standards. Overall, NewMarket Corp is a successful company in various industries thanks to its wide product range and global presence. With a strong focus on research and development and sustainability, the company is committed to providing its customers with high-quality products that meet their needs. NewMarket ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding NewMarket's P/S Ratio
NewMarket's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing NewMarket's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating NewMarket's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in NewMarket’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about NewMarket stock
How has the price-earnings ratio of NewMarket changed compared to last year?
The price-to-earnings ratio of NewMarket has increased by 21.37% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of NewMarket high compared to other companies?
Yes, the price-to-earnings ratio of NewMarket is high compared to other companies.
How does an increase in the price-earnings ratio of NewMarket affect the company?
An increase in the price-earnings ratio of NewMarket would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of NewMarket affect the company?
A decrease in the price-earnings ratio of NewMarket would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of NewMarket?
Some factors that influence the price-earnings ratio of NewMarket are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does NewMarket pay?
Over the past 12 months, NewMarket paid a dividend of 8.85 USD . This corresponds to a dividend yield of about 1.59 %. For the coming 12 months, NewMarket is expected to pay a dividend of 8.85 USD.
What is the dividend yield of NewMarket?
The current dividend yield of NewMarket is 1.59 %.
When does NewMarket pay dividends?
NewMarket pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of NewMarket?
NewMarket paid dividends every year for the past 18 years.
What is the dividend of NewMarket?
For the upcoming 12 months, dividends amounting to 8.85 USD are expected. This corresponds to a dividend yield of 1.59 %.
In which sector is NewMarket located?
NewMarket is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von NewMarket kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NewMarket from 10/1/2024 amounting to 2.5 USD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.
When did NewMarket pay the last dividend?
The last dividend was paid out on 10/1/2024.
What was the dividend of NewMarket in the year 2023?
In the year 2023, NewMarket distributed 8.4 USD as dividends.
In which currency does NewMarket pay out the dividend?
The dividends of NewMarket are distributed in USD.
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Andere Kennzahlen von NewMarket
Our stock analysis for NewMarket Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NewMarket Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
