Is Newmark Group, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Newmark Group, Inc. moved from very expensive to expensive. Based on the current metrics, the company appears to be overvalued. The P/E ratio stands at 33, which is significantly higher than the industry average, while the EV to EBITDA ratio is 5.84, indicating a premium valuation compared to peers. Additionally, the PEG ratio of 0.37 suggests that the stock may not be justifying its price relative to its growth prospects.
In comparison to its peers, Newmark Group, Inc. has a P/E ratio of 48.25, which is much higher than Howard Hughes Holdings, Inc. at 18.48 and Cushman & Wakefield Plc at 17.27, both of which are considered fairly valued. Despite a strong year-to-date return of 39.19%, which outperformed the S&P 500's 16.30%, the overall valuation metrics suggest that Newmark Group, Inc. is not a compelling investment at its current price.