Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 9.93 as of Sunday, July 26, 2026.
Forward PE Ratio (9.93) = Close Price ($93.19) / Consensus Forward EPS ($9.38)
FORWARD PE RATIO
9.93
SECTOR MEDIAN · BASIC MATERIALS
18.43
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-46.11%
vs the sector median at left
Newmont Corporation
Market Cap
$98.19B
Forward PE Ratio
9.93
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Newmont Corporation (NEM) | $98.19B | 9.93 |
| Freeport-McMoRan Inc. (FCX)vs › | $90.02B | 21.93 |
| The Sherwin-Williams Company (SHW)vs › | $78.31B | 27.00 |
| Ecolab Inc. (ECL)vs › | $75.64B | 32.85 |
| CRH plc (CRH)vs › | $66.73B | 16.83 |
| Air Products and Chemicals, Inc. (APD)vs › | $66.33B | 22.53 |
| Vale S.A. (VALE)vs › | $63.07B | 7.61 |
| Barrick Mining Corporation (B)vs › | $62.20B | 10.18 |
| Corteva, Inc. (CTVA)vs › | $59.69B | 23.73 |
| Nucor Corporation (NUE)vs › | $56.38B | 15.16 |
Trailing P/E
11.7
reported TTM EPS
Forward P/E
9.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.38 implies +18.1% EPS growth vs the reported trailing $7.94.
At today's $93.19 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $9.38 | $8.95 – $9.96 | 9 | 9.9x |
| 2027-12-31 | $10.63 | $8.57 – $12.87 | 10 | 8.8x |
| 2028-12-31 | $11.78 | $7.20 – $16.52 | 7 | 7.9x |
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.
