The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-07-25), Newmont's share price is $61.51. Newmont's Book Value per Share for the quarter that ended in Mar. 2025 was $27.89. Hence, Newmont's PB Ratio of today is 2.21.
Warning Sign:
Newmont Corp stock PB Ratio (=2.21) is close to 3-year high of 2.23.
The historical rank and industry rank for Newmont's PB Ratio or its related term are showing as below:
NEM'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.75 Max: 3.13
Current: 2.21
During the past 13 years, Newmont's highest PB Ratio was 3.13. The lowest was 0.74. And the median was 1.75.
NEM's PB Ratio is ranked worse than 56.87% of 2286
companies
in the Metals & Mining industry
Industry Median: 1.8
vs NEM: 2.21
During the past 12 months, Newmont's average Book Value Per Share Growth Rate was 11.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Newmont was 76.90% per year. The lowest was -18.00% per year. And the median was 5.60% per year.
Back to Basics: PB Ratio
Newmont PB Ratio Historical Data
The historical data trend for Newmont's PB 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.
For the Gold subindustry, Newmont's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newmont's PB Ratio distribution charts can be found below:
* The bar in red indicates where Newmont's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Newmont's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Newmont PB Ratio Related Terms
Thank you for viewing the detailed overview of Newmont's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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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