Question 1

What is Newmont's P/E ratio?

Accepted Answer

Newmont (NEM) P/E ratio is 12.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Newmont?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Newmont specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is Newmont's P/E ratio high or low?

Accepted Answer

Newmont's P/E ratio of 12.8× is below its own 5-year average of 25.9× and below the sector median of 21.8×. That places the current reading at the 5th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Newmont's historical P/E ratio range?

Accepted Answer

In the available daily series, Newmont (NEM) P/E ratio has ranged from a low of 10.3× in 2020 to a high of 673.0× in 2018. The 5-year average is 25.9× and the 5-year median is 16.6×.

Question 7

What was Newmont's P/E ratio in 2025?

Accepted Answer

Newmont (NEM) P/E ratio at the end of 2025 was 15.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Newmont's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$110.43B	$7.08B	15.6×	+2.8×	Dec 31, 2025
2024	$42.69B	$3.34B	12.8×	—	Dec 31, 2024
2023	$40.48B	−$2.49B	—	—	Dec 31, 2023
2022	$37.48B	−$440.00M	—	—	Dec 31, 2022
2021	$49.31B	$1.17B	42.3×	+25.3×	Dec 31, 2021
2020	$48.03B	$2.83B	17.0×	+4.3×	Dec 31, 2020
2019	$35.54B	$2.81B	12.7×	-41.5×	Dec 31, 2019
2018	$18.47B	$341.00M	54.2×	—	Dec 31, 2018
2017	$20.00B	−$115.00M	—	—	Dec 31, 2017
2016	$18.03B	−$27.00M	—	—	Dec 31, 2016
2015	$9.14B	$220.00M	41.5×	+22.9×	Dec 31, 2015
2014	$9.45B	$508.00M	18.6×	—	Dec 31, 2014
2013	$11.52B	−$2.47B	—	—	Dec 31, 2013
2012	$23.03B	$1.81B	12.7×	-68.3×	Dec 31, 2012
2011	$29.64B	$366.00M	81.0×	+67.7×	Dec 31, 2011
2010	$30.22B	$2.28B	13.3×	-2.8×	Dec 31, 2010
2009	$23.23B	$1.44B	16.1×	-6.0×	Dec 31, 2009
2008	$18.48B	$837.00M	22.1×	—	Dec 31, 2008
2007	$22.12B	−$1.89B	—	—	Dec 31, 2007
2006	$20.36B	$791.00M	25.7×	-48.2×	Dec 31, 2006
2005	$23.82B	$322.00M	74.0×	+29.6×	Dec 31, 2005
2004	$19.67B	$443.42M	44.4×	+0.8×	Dec 31, 2004
2003	$20.69B	$475.00M	43.6×	-25.1×	Dec 31, 2003
2002	$11.17B	$162.71M	68.7×	—	Dec 31, 2002
2001	$3.61B	−$29.10M	—	—	Dec 31, 2001


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Weyerhaeuser (WY)	44.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Southern Copper (SCCO)	28.4×
H.B. Fuller (FUL)	22.5×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
RPM International (RPM)	21.8×
Avient (AVNT)	21.1×
Agnico Eagle Mines (AEM)	19.0×
Steel Dynamics (STLD)	19.0×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for Newmont (NEM)

P/E Ratio daily chart for Newmont (NEM)

Historical P/E Ratio for Newmont (NEM) from 2001 to 2025

About P/E Ratio at Newmont (NEM)

Newmont P/E Ratio by Year

Newmont P/E Ratio 2025: 15.6×

Newmont P/E Ratio 2024: 12.8×

Newmont P/E Ratio 2021: 42.3×

Newmont P/E Ratio 2020: 17.0×

Newmont P/E Ratio 2019: 12.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Newmont (NEM) Key Financials

P/E Ratio daily chart for Newmont (NEM)

Historical P/E Ratio for Newmont (NEM) from 2001 to 2025

About P/E Ratio at Newmont (NEM)

Newmont P/E Ratio by Year

Newmont P/E Ratio 2025: 15.6×

Newmont P/E Ratio 2024: 12.8×

Newmont P/E Ratio 2021: 42.3×

Newmont P/E Ratio 2020: 17.0×

Newmont P/E Ratio 2019: 12.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Newmont's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Newmont?

+Is Newmont's P/E ratio high or low?

+What is Newmont's historical P/E ratio range?

+What was Newmont's P/E ratio in 2025?

+Why does Newmont's P/E ratio change over time?

Newmont (NEM) Key Financials