Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.87.
Forward PE Ratio (13.87) = Close Price ($131.58) / Consensus Forward EPS ($9.49)
FORWARD PE RATIO
13.87
SECTOR MEDIAN · BASIC MATERIALS
19.59
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-29.22%
vs the sector median at left
Newmont Corporation
Market Cap
$138.64B
Forward PE Ratio
13.87
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Newmont Corporation (NEM) | $138.64B | 13.87 |
| Freeport-McMoRan Inc. (FCX)vs › | $110.22B | 26.07 |
| Rio Tinto Group (RIO)vs › | $171.11B | 12.64 |
| Southern Copper Corporation (SCCO)vs › | $180.22B | 28.31 |
| Johnson Controls International plc (JCI)vs › | $86.65B | 28.28 |
| The Sherwin-Williams Company (SHW)vs › | $84.14B | 28.68 |
| Barrick Mining Corporation (B)vs › | $79.75B | 13.00 |
| Ecolab Inc. (ECL)vs › | $79.26B | 34.53 |
| Wheaton Precious Metals Corp. (WPM)vs › | $71.65B | 33.01 |
| Air Products and Chemicals, Inc. (APD)vs › | $67.94B | 22.73 |
Trailing P/E
16.6
reported TTM EPS
Forward P/E
13.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.49 implies +19.5% EPS growth vs the reported trailing $7.94.
At today's $131.58 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $9.49 | $9.07 – $10.05 | 10 | 13.9x |
| 2027-12-31 | $10.67 | $8.78 – $13.03 | 11 | 12.3x |
| 2028-12-31 | $11.83 | $7.74 – $17.76 | 10 | 11.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
