Market Cap : 35.85 B | Enterprise Value : 37.67 B | PE Ratio : 45.63 | PB Ratio : 1.68 |
---|
NYSE:NEM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:NEM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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 (2022-08-10), Newmont's share price is $45.51. Newmont's Book Value per Share for the quarter that ended in Jun. 2022 was $27.01. Hence, Newmont's PB Ratio of today is 1.68.
Good Sign:
Newmont Corp stock PB Ratio (=1.68) is close to 2-year low of 1.66
The historical rank and industry rank for Newmont's PB Ratio or its related term are showing as below:
During the past 13 years, Newmont's highest PB Ratio was 3.13. The lowest was 0.72. And the median was 1.69.
NEM's PB Ratio is ranked better thanDuring the past 12 months, Newmont's average Book Value Per Share Growth Rate was -7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% 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 8.00% per year.
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.
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:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Jun. 2022) |
= | 45.51 | / | 27.013 | |
= | 1.68 |
* 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:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
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.
Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
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.
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.
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 |
From GuruFocus
Other Sources
By Zacks 2022-02-22
By Zacks 2022-02-15
By Seekingalpha 2022-03-01
By Zacks 2022-02-14
By Zacks 2022-02-15
By tipranks.com 2022-02-25
By Zacks 2022-02-08
By Zacks 2022-02-17
By Zacks 2022-03-01
By tipranks.com 2022-02-15
By Fool 2022-02-11
By tipranks.com 2022-03-08
By Zacks 2022-02-21