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, indicating a shift in perception regarding its valuation. The company appears to be overvalued based on its current metrics, with a P/E ratio of 33, a Price to Book Value of 1.71, and an EV to EBITDA of 5.84. In comparison, peers such as Howard Hughes Holdings, Inc. have a P/E of 18.48 and an EV to EBITDA of 4.78, while Cushman & Wakefield Plc shows a P/E of 17.27 and an EV to EBITDA of 5.71, highlighting Newmark's relatively high valuation.
Despite a strong year-to-date return of 37.47%, which outperformed the S&P 500's 16.30%, the elevated valuation ratios suggest that the stock may not be a prudent investment at its current price of 17.61. Overall, Newmark Group, Inc. is considered overvalued in the current market context.