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 |
|---|---|---|
| 2024 | 12.7 | -173.04% |
| 2023 | -17.4 | -80.1% |
| 2022 | -87.4 | -304.35% |
| 2021 | 42.8 | 151.39% |
| 2020 | 17.0 | 36.27% |
| 2019 | 12.5 | -76.8% |
| 2018 | 53.8 | |
| 2016 | -28.9 | -169.01% |
| 2015 | 41.8 | 125.79% |
| 2014 | 18.5 | -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% | 🇿🇦 South Africa |
 Royal Gold
RGLD | 31.2 | 131.28% | 🇺🇸 USA |
 Agnico Eagle Mines AEM | 25.4 | 88.39% | 🇨🇦 Canada |
 Freeport-McMoRan FCX | 37.8 | 180.68% | 🇺🇸 USA |
 AngloGold Ashanti
AU | 21.9 | 62.52% | 🇿🇦 South Africa |
 Buenaventura Mining Company BVN | 12.0 | -11.20% | Peru |
 Alcoa AA | 9.28 | -31.16% | 🇺🇸 USA |
 Harmony Gold HMY | -30.7 | -327.97% | 🇿🇦 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.