Newmont Corporation (NEM) PB Ratio: 2.89
Is Newmont Corporation’s P/B ratio high or low?
Newmont Corporation's P/B ratio of 2.89 is 37% above its 5-year average of 2.11, around the middle of its 5-year range (1.05–4.37).
6.96% below its 12-month average of 3.11.
NEM PB Ratio Chart
NEM Average PB Ratio Chart
NEM Current vs Average PB Ratio Chart
NEM PB Ratio Metrics
PB RATIO
2.89
PB RATIO AVG TTM
3.11
PB RATIO AVG 3Y
2.16
PB RATIO AVG 5Y
2.11
PB RATIO AVG 10Y
1.99
PB RATIO AVG 15Y
1.80
PB RATIO AVG 20Y
1.95
CURRENT VS TTM AVG
-6.96%
CURRENT VS 3Y AVG
+33.99%
CURRENT VS 5Y AVG
+37.04%
CURRENT VS 10Y AVG
+45.43%
CURRENT VS 15Y AVG
+60.64%
CURRENT VS 20Y AVG
+48.07%
NEM Competitors' PB Ratio
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $101.04B | 2.89 | 3.11 | 2.16 | 2.11 |
| Freeport-McMoRan Inc. (FCX) | $91.93B | 4.60 | 3.99 | 3.70 | 3.81 |
| The Sherwin-Williams Company (SHW) | $75.55B | 17.02 | 19.20 | 20.79 | 23.01 |
| Ecolab Inc. (ECL) | $72.95B | 7.29 | 8.10 | 7.92 | 7.74 |
| Air Products and Chemicals, Inc. (APD) | $62.06B | 3.94 | 4.04 | 4.10 | 4.26 |
| Nucor Corporation (NUE) | $58.38B | 2.68 | 1.85 | 1.84 | 2.05 |
| Vulcan Materials Company (VMC) | $35.36B | 4.26 | 4.49 | 4.35 | 4.05 |
| International Flavors & Fragrances Inc. (IFF) | $18.95B | 1.35 | 1.28 | 1.37 | 1.42 |
| DuPont de Nemours, Inc. (DD) | $18.56B | 1.32 | 0.89 | 0.67 | 0.63 |
| Alcoa Corporation (AA) | $17.72B | 2.55 | 2.00 | 1.62 | 1.81 |
P/B vs. its own history
At 2.89, P/B is richer than usual, sitting higher than 94% of its 20-year history.
20-year low
0.70
median
1.92
20-year high
4.37
Book Value Analysis
P/B Ratio
2.89
Market Price / Book Value per Share
Newmont Corporation PB Ratio Formula & Definition
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Newmont Corporation PB Ratio FAQ
- What is the P/B ratio for Newmont Corporation (NEM)?
- The P/B ratio for NEM stock is 2.89.
- Is Newmont Corporation's P/B ratio high or low?
- Newmont Corporation's P/B ratio of 2.89 is 37% above its 5-year average of 2.11, around the middle of its 5-year range (1.05–4.37).
- What is the TTM average P/B ratio for Newmont Corporation (NEM)?
- The TTM average P/B ratio for NEM stock is 3.11.
- What is the 3Y average P/B ratio for Newmont Corporation (NEM)?
- The 3Y average P/B ratio for NEM stock is 2.16.
- What is the 5Y average P/B ratio for Newmont Corporation (NEM)?
- The 5Y average P/B ratio for NEM stock is 2.11.
- What is the 10Y average P/B ratio for Newmont Corporation (NEM)?
- The 10Y average P/B ratio for NEM stock is 1.99.
- What is the 15Y average P/B ratio for Newmont Corporation (NEM)?
- The 15Y average P/B ratio for NEM stock is 1.80.
- What is the 20Y average P/B ratio for Newmont Corporation (NEM)?
- The 20Y average P/B ratio for NEM stock is 1.95.
Newmont Corporation PB Ratio History
| DATE | PB RATIO |
|---|---|
| 2026-06-10 | 2.89 |
| 2026-06-09 | 3.07 |
| 2026-06-08 | 3.08 |
| 2026-06-05 | 3.10 |
| 2026-06-04 | 3.37 |
| 2026-06-03 | 3.34 |
| 2026-06-02 | 3.41 |
| 2026-06-01 | 3.37 |
| 2026-05-29 | 3.42 |
| 2026-05-28 | 3.37 |
| 2026-05-27 | 3.34 |
| 2026-05-26 | 3.47 |
| 2026-05-22 | 3.35 |
| 2026-05-21 | 3.37 |
| 2026-05-20 | 3.34 |
| 2026-05-19 | 3.27 |
| 2026-05-18 | 3.42 |
| 2026-05-15 | 3.39 |
| 2026-05-14 | 3.62 |
| 2026-05-13 | 3.70 |
| 2026-05-12 | 3.73 |
| 2026-05-11 | 3.76 |
| 2026-05-08 | 3.63 |
| 2026-05-07 | 3.53 |
| 2026-05-06 | 3.58 |
| 2026-05-05 | 3.39 |
| 2026-05-04 | 3.37 |
| 2026-05-01 | 3.38 |
| 2026-04-30 | 3.46 |
| 2026-04-29 | 3.35 |
| 2026-04-28 | 3.42 |
| 2026-04-27 | 3.61 |
| 2026-04-24 | 3.76 |
| 2026-04-23 | 3.46 |
| 2026-04-22 | 3.66 |
| 2026-04-21 | 3.58 |
| 2026-04-20 | 3.76 |
| 2026-04-17 | 3.81 |
| 2026-04-16 | 3.71 |
| 2026-04-15 | 3.70 |
| 2026-04-14 | 3.90 |
| 2026-04-13 | 3.81 |
| 2026-04-10 | 3.96 |
| 2026-04-09 | 3.89 |
| 2026-04-08 | 3.87 |
| 2026-04-07 | 3.75 |
| 2026-04-06 | 3.69 |
| 2026-04-02 | 3.73 |
| 2026-04-01 | 3.72 |
| 2026-03-31 | 3.54 |
| 2026-03-30 | 3.37 |
| 2026-03-27 | 3.34 |
| 2026-03-26 | 3.25 |
| 2026-03-25 | 3.32 |
| 2026-03-24 | 3.24 |
| 2026-03-23 | 3.21 |
| 2026-03-20 | 3.13 |
| 2026-03-19 | 3.25 |
| 2026-03-18 | 3.49 |
| 2026-03-17 | 3.63 |
| 2026-03-16 | 3.60 |
| 2026-03-13 | 3.59 |
| 2026-03-12 | 3.75 |
| 2026-03-11 | 3.80 |
| 2026-03-10 | 3.89 |
| 2026-03-09 | 3.83 |
| 2026-03-06 | 3.80 |
| 2026-03-05 | 3.80 |
| 2026-03-04 | 3.91 |
| 2026-03-03 | 3.88 |
| 2026-03-02 | 4.21 |
| 2026-02-27 | 4.25 |
| 2026-02-26 | 4.17 |
| 2026-02-25 | 4.08 |
| 2026-02-24 | 4.06 |
| 2026-02-23 | 4.06 |
| 2026-02-20 | 4.00 |
| 2026-02-19 | 4.10 |
| 2026-02-18 | 4.13 |
| 2026-02-17 | 4.05 |
| 2026-02-13 | 4.16 |
| 2026-02-12 | 3.91 |
| 2026-02-11 | 4.13 |
| 2026-02-10 | 4.02 |
| 2026-02-09 | 4.00 |
| 2026-02-06 | 3.82 |
| 2026-02-05 | 3.59 |
| 2026-02-04 | 3.87 |
| 2026-02-03 | 3.88 |
| 2026-02-02 | 3.74 |
| 2026-01-30 | 3.72 |
| 2026-01-29 | 4.20 |
| 2026-01-28 | 4.37 |
| 2026-01-27 | 4.20 |
| 2026-01-26 | 4.17 |
| 2026-01-23 | 4.12 |
| 2026-01-22 | 4.03 |
| 2026-01-21 | 3.94 |
| 2026-01-20 | 3.94 |
| 2026-01-16 | 3.78 |
| 2026-01-15 | 3.78 |
| 2026-01-14 | 3.78 |
| 2026-01-13 | 3.80 |
| 2026-01-12 | 3.74 |
| 2026-01-09 | 3.61 |
| 2026-01-08 | 3.54 |
| 2026-01-07 | 3.58 |
| 2026-01-06 | 3.62 |
| 2026-01-05 | 3.43 |
| 2026-01-02 | 3.35 |
| 2025-12-31 | 3.31 |
| 2025-12-30 | 3.37 |
| 2025-12-29 | 3.30 |
| 2025-12-26 | 3.50 |
| 2025-12-24 | 3.47 |
| 2025-12-23 | 3.48 |
| 2025-12-22 | 3.47 |
| 2025-12-19 | 3.35 |
| 2025-12-18 | 3.29 |
| 2025-12-17 | 3.29 |
| 2025-12-16 | 3.25 |
| 2025-12-15 | 3.30 |
| 2025-12-12 | 3.25 |
| 2025-12-11 | 3.29 |
| 2025-12-10 | 3.13 |
| 2025-12-09 | 3.12 |
| 2025-12-08 | 2.95 |
| 2025-12-05 | 2.97 |
| 2025-12-04 | 3.00 |
| 2025-12-03 | 2.97 |
| 2025-12-02 | 3.00 |
| 2025-12-01 | 3.04 |
| 2025-11-28 | 3.00 |
| 2025-11-26 | 3.00 |
| 2025-11-25 | 2.86 |
| 2025-11-24 | 2.86 |
| 2025-11-21 | 2.76 |
| 2025-11-20 | 2.71 |
| 2025-11-19 | 2.90 |
| 2025-11-18 | 2.87 |
| 2025-11-17 | 2.88 |
| 2025-11-14 | 2.91 |
| 2025-11-13 | 2.97 |
| 2025-11-12 | 3.08 |
| 2025-11-11 | 2.98 |
| 2025-11-10 | 2.92 |
| 2025-11-07 | 2.76 |
| 2025-11-06 | 2.73 |
| 2025-11-05 | 2.70 |
| 2025-11-04 | 2.61 |
| 2025-11-03 | 2.70 |
| 2025-10-31 | 2.68 |
| 2025-10-30 | 2.73 |
| 2025-10-29 | 2.64 |
| 2025-10-28 | 2.63 |
| 2025-10-27 | 2.60 |
| 2025-10-24 | 2.76 |
| 2025-10-23 | 2.94 |
| 2025-10-22 | 3.01 |
| 2025-10-21 | 2.99 |
| 2025-10-20 | 3.29 |
| 2025-10-17 | 3.14 |
| 2025-10-16 | 3.40 |
| 2025-10-15 | 3.24 |
| 2025-10-14 | 3.14 |
| 2025-10-13 | 3.10 |
| 2025-10-10 | 2.95 |
| 2025-10-09 | 2.95 |
| 2025-10-08 | 3.06 |
| 2025-10-07 | 3.01 |
| 2025-10-06 | 3.06 |
| 2025-10-03 | 3.01 |
| 2025-10-02 | 2.99 |
| 2025-10-01 | 2.98 |
| 2025-09-30 | 2.92 |
| 2025-09-29 | 2.93 |
| 2025-09-26 | 2.95 |
| 2025-09-25 | 2.90 |
| 2025-09-24 | 2.89 |
| 2025-09-23 | 2.93 |
| 2025-09-22 | 2.90 |
| 2025-09-19 | 2.83 |
| 2025-09-18 | 2.71 |
| 2025-09-17 | 2.72 |
| 2025-09-16 | 2.74 |
| 2025-09-15 | 2.75 |
| 2025-09-12 | 2.74 |
| 2025-09-11 | 2.76 |
| 2025-09-10 | 2.72 |
| 2025-09-09 | 2.63 |
| 2025-09-08 | 2.62 |
| 2025-09-05 | 2.64 |
| 2025-09-04 | 2.59 |
| 2025-09-03 | 2.61 |
| 2025-09-02 | 2.63 |
| 2025-08-29 | 2.58 |
| 2025-08-28 | 2.53 |
| 2025-08-27 | 2.51 |
| 2025-08-26 | 2.51 |
| 2025-08-25 | 2.46 |
| 2025-08-22 | 2.45 |
| 2025-08-21 | 2.43 |
| 2025-08-20 | 2.39 |
| 2025-08-19 | 2.33 |
| 2025-08-18 | 2.39 |
| 2025-08-15 | 2.40 |
| 2025-08-14 | 2.37 |
| 2025-08-13 | 2.37 |
| 2025-08-12 | 2.39 |
| 2025-08-11 | 2.38 |
| 2025-08-08 | 2.39 |
| 2025-08-07 | 2.39 |
| 2025-08-06 | 2.35 |
| 2025-08-05 | 2.33 |
| 2025-08-04 | 2.27 |
| 2025-08-01 | 2.17 |
| 2025-07-31 | 2.15 |
| 2025-07-30 | 2.16 |
| 2025-07-29 | 2.22 |
| 2025-07-28 | 2.20 |
| 2025-07-25 | 2.28 |
| 2025-07-24 | 2.13 |
| 2025-07-23 | 2.22 |
| 2025-07-22 | 2.23 |
| 2025-07-21 | 2.16 |
| 2025-07-18 | 2.10 |
| 2025-07-17 | 2.09 |
| 2025-07-16 | 2.11 |
| 2025-07-15 | 2.07 |
| 2025-07-14 | 2.19 |
| 2025-07-11 | 2.17 |
| 2025-07-10 | 2.16 |
| 2025-07-09 | 2.12 |
| 2025-07-08 | 2.08 |
| 2025-07-07 | 2.17 |
| 2025-07-03 | 2.16 |
| 2025-07-02 | 2.17 |
| 2025-07-01 | 2.12 |
| 2025-06-30 | 2.10 |
| 2025-06-27 | 2.05 |
| 2025-06-26 | 2.13 |
| 2025-06-25 | 2.09 |
| 2025-06-24 | 2.10 |
| 2025-06-23 | 2.14 |
| 2025-06-20 | 2.10 |
| 2025-06-18 | 2.10 |
| 2025-06-17 | 2.11 |
| 2025-06-16 | 2.10 |
| 2025-06-13 | 2.09 |
| 2025-06-12 | 2.02 |
| 2025-06-11 | 1.92 |
| 2025-06-10 | 1.90 |
| 2025-06-09 | 1.92 |
| 2025-06-06 | 1.89 |
| 2025-06-05 | 1.97 |
| 2025-06-04 | 1.99 |
| 2025-06-03 | 2.00 |
| 2025-06-02 | 2.00 |
| 2025-05-30 | 1.90 |
| 2025-05-29 | 1.89 |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
Related Metrics
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen