Newmont
NEM
#167
Rank
$128.82 B
Marketcap
$120.67
Share price
3.57%
Change (1 day)
139.52%
Change (1 year)

P/E ratio for Newmont (NEM)

P/E ratio as of May 2026 (TTM): 15.6

According to Newmont's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6106. At the end of 2025 the company had a P/E ratio of 15.6.

P/E ratio history for Newmont from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202515.624.54%
202412.5-174.87%
2023-16.7-79.3%
2022-80.8-312.75%
202138.0160.73%
202014.638.69%
201910.5-75.86%
201843.5
2016-22.8-169.27%
201532.9126.91%
201414.5-509.41%
2013-3.54

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Freeport-McMoRan
FCX
33.8 116.56%๐Ÿ‡บ๐Ÿ‡ธ USA
Royal Gold
RGLD
36.0 130.58%๐Ÿ‡บ๐Ÿ‡ธ USA
Buenaventura Mining Company
BVN
15.1-3.27% Peru
Harmony Gold
HMY
-38.1-344.15%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
Gold Fields
GFI
> 1000 14,678.42%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
AngloGold Ashanti
AU
20.8 33.46%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
Alcoa
AA
16.4 5.17%๐Ÿ‡บ๐Ÿ‡ธ USA
Agnico Eagle Mines
AEM
18.5 18.29%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.