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Newmont Shiller PE Ratio

: 56.67 (As of Today)
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As of today (2022-08-07), Newmont's current share price is $44.77. Newmont's E10 for the quarter that ended in Jun. 2022 was $0.79. Newmont's Shiller PE Ratio for today is 56.67.

The historical rank and industry rank for Newmont's Shiller PE Ratio or its related term are showing as below:

NEM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.05   Med: 40.29   Max: 109.75
Current: 56.53

During the past years, Newmont's highest Shiller PE Ratio was 109.75. The lowest was 18.05. And the median was 40.29.

NEM's Shiller PE Ratio is ranked worse than
74.93% of 347 companies
in the Metals & Mining industry
Industry Median: 22.51 vs NEM: 56.53

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 Jun. 2022 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.79 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newmont Shiller PE Ratio Historical Data

The historical data trend for Newmont's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Newmont Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.80 41.35 48.98 84.61 73.62

Newmont Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 94.14 - 73.62 99.13 75.34

Competitive Comparison

For the Gold subindustry, Newmont's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

   

Newmont Shiller PE Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Newmont's Shiller PE Ratio distribution charts can be found below:

* 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
=44.77/0.79
=56.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Newmont's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, Newmont's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.49/123.3228*123.3228
=0.490

Current CPI (Jun. 2022) = 123.3228.

Newmont Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 0.740 97.633 0.935
201212 1.340 96.871 1.706
201303 0.630 98.209 0.791
201306 -4.140 98.518 -5.182
201309 0.800 98.790 0.999
201312 -2.330 98.326 -2.922
201403 0.200 99.695 0.247
201406 0.360 100.560 0.441
201409 0.430 100.428 0.528
201412 0.030 99.070 0.037
201503 0.370 99.621 0.458
201506 0.140 100.684 0.171
201509 0.420 100.392 0.516
201512 -0.500 99.792 -0.618
201603 0.100 100.470 0.123
201606 0.040 101.688 0.049
201609 -0.670 101.861 -0.811
201612 -0.650 101.863 -0.787
201703 0.090 102.862 0.108
201706 0.330 103.349 0.394
201709 0.380 104.136 0.450
201712 -1.010 104.011 -1.198
201803 0.360 105.290 0.422
201806 0.540 106.317 0.626
201809 -0.270 106.507 -0.313
201812 0.004 105.998 0.005
201903 0.160 107.251 0.184
201906 -0.030 108.070 -0.034
201909 2.650 108.329 3.017
201912 0.690 108.420 0.785
202003 1.020 108.902 1.155
202006 0.430 108.767 0.488
202009 1.040 109.815 1.168
202012 1.020 109.897 1.145
202103 0.700 111.754 0.772
202106 0.810 114.631 0.871
202109 0.000 115.734 0.000
202112 -0.060 117.630 -0.063
202203 0.560 121.301 0.569
202206 0.490 123.323 0.490

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

Thank you for viewing the detailed overview of Newmont's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmont Business Description

Newmont logo
Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Executives
Clark Maura J director C/O ELIZABETH ARDEN, INC. 2400 SW 145 AVENUE MIRAMAR FL 33027
Madero Garza Jose Manuel director C/O CONSTELLATION BRANDS, INC. 207 HIGH POINT DRIVE, BUILDING 100 VICTOR NY 14564
Nelson Jane director 6363 SOUTH FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Brook Bruce R director 6363 SOUTH FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Awuah Patrick director 7900 E LAYTON AVENUE SUITE 700 DENVER CO 80237
Medori Rene director 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Quintana Julio M director 3993 W. SAM HOUSTON PARKWAY N. STE. 100 HOUSTON TX 77043
Boyce Gregory H director 701 MARKET STREET ST. LOUIS MO 63101
Story Susan N director ONE ENERGY PLACE PENSCOLA FL 32520
Tabolt Brian officer: VP, Controller and CAO P.O. BOX 4030 NH353 GOLDEN CO 80401
Lipson Nancy officer: EVP & General Counsel 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Cmil Jennifer officer: EVP, Human Resources 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Gehring Dean officer: EVP & CTO 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Atkinson Robert D officer: EVP & COO 6363 S FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Buese Nancy officer: EVP & CFO 1515 ARAPAHOE STREET DENVER CO 80202-2126

Newmont Headlines

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