Newmont Corporation

NEM Basic Materials Gold

Newmont Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.7 billion, up 21.3% from fiscal 2024.

Revenue
+15.2%
EPS
+41.3%
Free cash flow
+13.4%
Total debt
−1.54%

Quarter to September 2026, against a year earlier

120.28 2.17 +1.84%
Market cap
$124.4B
P/E
13.9×
Fwd P/E
11.4×
Dividend yield
0.86%
F-score
9/9
Altman Z
4.14
Beneish M
−2.57
Dividend safety
70/100

Newmont Corporation (NEM) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Newmont Corporation (NEM) trades at a P/B ratio of 3.5×. Over the past ten years it has ranged from 0.6× (September 2015) to 4.3× (January 2026); the current reading is higher than 97% of that period. That is above the Gold industry median of 2.4× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.2× 128.99%
FY2024 1.4× 3.41%
FY2023 1.4× (32.02%)
FY2022 2.0× (11.29%)
FY2021 2.3× 12.50%
FY2020 2.0× 41.45%
FY2019 1.4× (11.38%)
FY2018 1.6× (8.77%)
FY2017 1.8× 14.23%
FY2016 1.5× 137.98%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.4× 20.15%
Jun 2026 2.8× (16.07%)
Mar 2026 3.3× 3.15%
Dec 2025 3.2× 17.19%
43 more quarters

Against its own ten years

Low 0.6× High 4.3×
Ten-year median 1.7×
Current reading's percentile 96

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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