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Newmont (BSP:N1EM34) Cyclically Adjusted PS Ratio : 3.23 (As of Jun. 29, 2025)


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What is Newmont Cyclically Adjusted PS Ratio?

As of today (2025-06-29), Newmont's current share price is R$310.38. Newmont's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$96.00. Newmont's Cyclically Adjusted PS Ratio for today is 3.23.

The historical rank and industry rank for Newmont's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:N1EM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.4   Max: 5.01
Current: 3.37

During the past years, Newmont's highest Cyclically Adjusted PS Ratio was 5.01. The lowest was 0.94. And the median was 2.40.

BSP:N1EM34's Cyclically Adjusted PS Ratio is ranked worse than
71.64% of 550 companies
in the Metals & Mining industry
Industry Median: 1.515 vs BSP:N1EM34: 3.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Newmont's adjusted revenue per share data for the three months ended in Mar. 2025 was R$25.597. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$96.00 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newmont Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Newmont's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Newmont Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 3.72 2.83 2.52 2.23

Newmont Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 2.16 2.52 3.22 2.23 2.87

Competitive Comparison of Newmont's Cyclically Adjusted PS Ratio

For the Gold subindustry, Newmont's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Newmont's Cyclically Adjusted PS Ratio falls into.


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Newmont Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Newmont's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=310.38/96.00
=3.23

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Newmont's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=25.597/134.9266*134.9266
=25.597

Current CPI (Mar. 2025) = 134.9266.

Newmont Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.733 100.684 15.723
201509 11.489 100.392 15.441
201512 10.612 99.792 14.348
201603 10.182 100.470 13.674
201606 10.720 101.688 14.224
201609 10.931 101.861 14.479
201612 11.083 101.863 14.680
201703 9.916 102.862 13.007
201706 11.549 103.349 15.078
201709 10.981 104.136 14.228
201712 11.851 104.011 15.374
201803 11.136 105.290 14.271
201806 11.715 106.317 14.868
201809 13.255 106.507 16.792
201812 14.866 105.998 18.923
201903 12.968 107.251 16.314
201906 11.331 108.070 14.147
201909 13.596 108.329 16.934
201912 14.833 108.420 18.459
202003 15.589 108.902 19.314
202006 15.243 108.767 18.909
202009 21.238 109.815 26.095
202012 21.581 109.897 26.496
202103 20.180 111.754 24.364
202106 19.193 114.631 22.591
202109 19.103 115.734 22.271
202112 24.023 117.630 27.556
202203 18.947 121.301 21.075
202206 19.416 125.017 20.955
202209 17.373 125.227 18.719
202212 21.061 125.222 22.693
202303 17.552 127.348 18.597
202306 16.380 128.729 17.169
202309 15.468 129.860 16.072
202312 19.804 129.419 20.647
202403 17.375 131.776 17.790
202406 20.528 132.554 20.895
202409 22.195 133.029 22.512
202412 30.355 133.157 30.758
202503 25.597 134.927 25.597

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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  (BSP:N1EM34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Newmont Cyclically Adjusted PS Ratio Related Terms

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


Newmont Business Description

Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2024.

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