Newmont forward PE NEM

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 12.0×
10-year median: 21.9×
Against its 10-year history: 15th; percentile: 0 is its lowest day, 100 its highest
10-year range: 7.3× to 43.1×
Peer median: 24.2×

Newmont's forward PE is 12.0× as of Oct 23, 2026.

That is below its ten-year median of 21.9×, lower than on 85% of days in the last ten years.

Over that time it ranged from 7.3× in May 2025 to 43.1× in Apr 2018.

The median for 10 materials stocks of a similar size is 24.2×.

Forward PE over time

median 21.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.0×	10.2×	15.7×
2025	12.9×	7.3×	12.9×
2024	8.2×	8.2×	17.7×
2023	18.2×	15.0×	33.6×
2022	29.2×	23.8×	40.3×
2021	24.8×	17.5×	24.8×
2020	18.2×	15.6×	25.0×
2019	21.0×	18.0×	31.1×
2018	30.7×	26.7×	43.1×
2017	33.8×	25.4×	33.8×
2016	28.6×	15.0×	33.0×
2015	16.2×	15.7×	36.9×
2014	23.9×	23.3×	40.3×
2013	26.2×	17.2×	31.7×
2012	19.0×	12.2×	20.6×
2011	13.6×	10.8×	16.0×
2010	14.2×	13.1×	16.3×
2009	14.5×	13.3×	26.1×
2008	22.9×	14.3×	38.0×
2007	34.0×	33.2×	49.0×

Against its peers

Companies in Basic Materials nearest Newmont's size, closest first, today.

Company	Forward PE
NEMNewmont	12.0×
FCXFreeport-McMoRan	16.5×
JCIJohnson Controls International	24.5×
SCCOSouthern Copper	24.2×
SHWSherwin-Williams	26.3×
ECLEcolab	33.5×
APDAir Products and Chemicals	21.6×
NUENucor	11.8×
CRHCRH	n/m
LINLinde	27.2×
STLDSteel Dynamics	10.9×
Peer median	24.2×

Where Newmont ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Newmont

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.