Newmont
NEM
#319
Rank
$66.92 B
Marketcap
$60.13
Share price
0.59%
Change (1 day)
26.99%
Change (1 year)

P/E ratio for Newmont (NEM)

P/E ratio as of July 2025 (TTM): 13.5

According to Newmont's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4821. At the end of 2024 the company had a P/E ratio of 12.7.

P/E ratio history for Newmont from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202412.7-173.04%
2023-17.4-80.1%
2022-87.4-304.35%
202142.8151.39%
202017.036.27%
201912.5-76.8%
201853.8
2016-28.9-169.01%
201541.8125.79%
201418.5-505.51%
2013-4.57

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Gold Fields
GFI
> 1000 8,856.32%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
Royal Gold
RGLD
31.2 131.28%๐Ÿ‡บ๐Ÿ‡ธ USA
Agnico Eagle Mines
AEM
25.4 88.39%๐Ÿ‡จ๐Ÿ‡ฆ Canada
Freeport-McMoRan
FCX
37.8 180.68%๐Ÿ‡บ๐Ÿ‡ธ USA
AngloGold Ashanti
AU
21.9 62.52%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
Buenaventura Mining Company
BVN
12.0-11.20% Peru
Alcoa
AA
9.28-31.16%๐Ÿ‡บ๐Ÿ‡ธ USA
Harmony Gold
HMY
-30.7-327.97%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa

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.