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Newmont Shiller PE Ratio

: 69.23 (As of Today)
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As of today (2020-07-14), Newmont's current share price is $59.54. Newmont's E10 for the quarter that ended in Mar. 2020 was $0.86. Newmont's Shiller PE Ratio for today is 69.23.

NYSE:NEM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.05   Med: 40.33   Max: 172.1
Current: 69.51

18.05
172.1

During the past years, Newmont's highest Shiller PE Ratio was 172.10. The lowest was 18.05. And the median was 40.33.

NYSE:NEM's Shiller PE Ratio is ranked lower than
82% of the 297 Companies
in the Metals & Mining industry.

( Industry Median: 18.61 vs. NYSE:NEM: 69.51 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Newmont's adjusted earnings per share data for the three months ended in Mar. 2020 was $1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.86 for the trailing ten years ended in Mar. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newmont Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Newmont Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.61 69.94 38.59 41.26 48.79

Newmont Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.59 49.22 39.71 48.79 52.86

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Newmont Shiller PE Ratio Distribution

* The bar in red indicates where Newmont's Shiller PE Ratio falls into.



Newmont Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Newmont's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=59.54/0.86
=69.23

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Newmont's E10 for the quarter that ended in Mar. 2020 is calculated as:

For example, Newmont's adjusted earnings per share data for the three months ended in Mar. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=1.02/108.1733*108.1733
=1.020

Current CPI (Mar. 2020) = 108.1733.

Newmont Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201006 0.770 91.981 0.906
201009 1.070 92.277 1.254
201012 1.610 92.914 1.874
201103 1.030 94.890 1.174
201106 0.770 95.319 0.874
201109 0.980 95.529 1.110
201112 -2.080 95.632 -2.353
201203 0.970 97.075 1.081
201206 0.560 96.661 0.627
201209 0.740 97.595 0.820
201212 1.340 97.158 1.492
201303 0.630 98.107 0.695
201306 -4.140 98.557 -4.544
201309 0.800 98.536 0.878
201312 -2.330 98.692 -2.554
201403 0.200 100.023 0.216
201406 0.360 100.520 0.387
201409 0.430 100.176 0.464
201412 0.030 98.604 0.033
201503 0.370 99.824 0.401
201506 0.140 100.691 0.150
201509 0.420 100.346 0.453
201512 -0.500 99.957 -0.541
201603 0.100 100.947 0.107
201606 0.040 101.524 0.043
201609 -0.670 101.988 -0.711
201612 -0.650 102.456 -0.686
201703 0.090 103.167 0.094
201706 0.330 103.278 0.346
201709 0.380 104.070 0.395
201712 -1.010 104.578 -1.045
201803 0.360 105.708 0.368
201806 0.540 106.324 0.549
201809 -0.270 106.695 -0.274
201812 0.004 106.200 0.004
201903 0.160 107.818 0.161
201906 -0.030 108.250 -0.030
201909 2.650 108.577 2.640
201912 0.690 108.841 0.686
202003 1.020 108.173 1.020

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Newmont  (NYSE:NEM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Newmont Shiller PE Ratio Related Terms


Newmont Shiller PE Ratio Headlines

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