Newcrest Mining
NCM.AX
#1284
Rank
$13.69 B
Marketcap
$15.32
Share price
0.00%
Change (1 day)
19.13%
Change (1 year)

P/E ratio for Newcrest Mining (NCM.AX)

P/E ratio at the end of 2020: 37.6

According to Newcrest Mining 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2020 the company had a P/E ratio of 37.6.

P/E ratio history for Newcrest Mining from 2001 to 2020

PE ratio at the end of each year

Year P/E ratio Change
202037.6-12.11%
201942.8-48.34%
201882.960.74%
201751.6-5.03%
201654.3126%
201524.0-704.71%
2014-3.97173.56%
2013-1.45-109.6%
201215.1-44.9%
201127.5-23.81%
201036.0-48.52%
200970.0-30.38%
2008101-19.73%
2007125389.79%
200625.6-52.47%
200553.81.38%
200453.133.87%
200339.7-157.62%
2002-68.8-222.06%
200156.4

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.