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Newmont Corporation Newmont Corporation

Newmont Corporation

NEM
Rank in Stocks #170
Newmont Corporation engages in the production and exploration of gold. It also... Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Share Price
$102.28
Market Cap
$111.27B
Change (1 day)
0.18%
Change (1 year)
86.68%
Country
US
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P/E ratio for Newmont Corporation (NEM)
P/E ratio as of April 2026 TTM: 16.90
According to Newmont Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.90. At the end of 2023 the company had a P/E ratio of -13.81.
P/E ratio history for Newmont Corporation from 2000 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 16.90 32.64%
2024 12.74 -192.27%
2023 -13.81 -83.09%
2022 -81.65 -292.12%
2021 42.50 149.69%
2020 17.02 49.50%
2019 11.39 -78.98%
2018 54.16 -130.87%
2017 -175.42 -73.77%
2016 -668.78 -1,698.53%
2015 41.84 125.79%
2014 18.53 -497.76%
2013 -4.66 -136.58%
2012 12.73 -84.28%
2011 81.00 510.22%
2010 13.27 -25.28%
2009 17.76 -18.00%
2008 21.66 -285.11%
2007 -11.70 -145.56%
2006 25.69 -61.17%
2005 66.16 64.77%
2004 40.15 -4.39%
2003 41.99 -37.64%
2002 67.34 -141.93%
2001 -160.59 -10.83%
2000 -180.09 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
22.86 35.26%
CA
40.18 137.79%
CA
42.61 152.17%
CA
18.80 11.23%
ZA
10.87 -35.66%
ZA
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.