Is Newmark Group, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Newmark Group, Inc. has moved from very expensive to expensive, indicating a shift towards a less favorable assessment. Based on the current metrics, the company appears to be overvalued. Key valuation ratios include a P/E ratio of 33, an EV to EBITDA of 5.84, and a PEG ratio of 0.37, which suggests that despite a low growth expectation, the stock price remains high relative to earnings growth.
In comparison to peers, Newmark's P/E ratio of 48.25 is significantly higher than Howard Hughes Holdings, Inc. at 18.48 and Cushman & Wakefield Plc at 17.27, both of which are considered fairly valued. Additionally, Newmark's EV to EBITDA ratio of 9.53 is also above the industry average, reinforcing the notion of overvaluation. Notably, while Newmark has outperformed the S&P 500 with a 5-year return of 276.56% compared to 109.18%, its recent performance shows a decline of 8.47% over the past week, contrasting with the S&P 500's gain of 0.71%.