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Newmont PS Ratio

: 2.96 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Newmont's share price is $45.94. Newmont's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $15.52. Hence, Newmont's PS Ratio for today is 2.96.

Good Sign:

Newmont Corp stock PS Ratio (=2.96) is close to 3-year low of 2.72

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

NEM' s PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.68   Max: 5.47
Current: 2.96

During the past 13 years, Newmont's highest PS Ratio was 5.47. The lowest was 1.13. And the median was 2.68.

NEM's PS Ratio is ranked worse than
68.85% of 764 companies
in the Metals & Mining industry
Industry Median: 1.38 vs NEM: 2.96

Newmont's Revenue per Sharefor the three months ended in Jun. 2022 was $3.85. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $15.52.

Warning Sign:

Newmont Corp revenue growth has slowed down over the past 12 months.

During the past 3 years, the average Revenue per Share Growth Rate was 4.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -3.10% per year.

During the past 13 years, Newmont's highest 3-Year average Revenue per Share Growth Rate was 16.80% per year. The lowest was -19.60% per year. And the median was 2.60% per year.

Back to Basics: PS Ratio


Newmont PS Ratio Historical Data

The historical data trend for Newmont's 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 2.56 3.29 4.20 4.06

Newmont Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PS 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 4.08 3.57 4.06 5.13 3.84

Competitive Comparison

For the Gold subindustry, Newmont's PS Ratio, along with its competitors' market caps and 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 PS Ratio Distribution

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

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



Newmont PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Newmont's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=45.94/15.521
=2.96

Newmont's Share Price of today is $45.94.
Newmont's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.52.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Newmont  (NYSE:NEM) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Newmont PS Ratio Related Terms

Thank you for viewing the detailed overview of Newmont's PS 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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