NEM currently has a PEG ratio reading of 0.28 as of Jul 31, 2026. This value reflects a P/E ratio of 11.79 measured against EPS growth of 42.7%. When compared to the trailing four-quarter average of 0.16, NEM's PEG ratio shows a 78% increase.
A nine years lookback shows an average PEG ratio of 0.72 for Newmont. Compared to historical data, NEM's 0.28 PE to growth ratio represents a decline of 61%. NEM reached its maximum PEG ratio of 6.2 during the Mar 2018 quarter over the past nine years. The Jun 2020 quarter had the bottom reading at 0, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.13 | 15.58 | 119.5% |
| 2024 | 0.06 | 12.75 | 198.3% |
| 2023 | N/A | N/A | -450% |
| 2022 | N/A | N/A | -137% |
| 2021 | N/A | 42.48 | -58.5% |
| 2020 | N/A | 17.01 | -7.9% |
| 2019 | 0.02 | 11.37 | 496.9% |
| 2018 | 0.13 | 54.14 | 404.8% |
| 2017 | N/A | N/A | 82.4% |
| 2016 | N/A | N/A | -376.7% |
| 2015 | N/A | 41.84 | -57.8% |
| 2014 | 0.15 | 18.53 | 120% |
| 2013 | N/A | N/A | -239.8% |
| 2012 | 0.03 | 12.76 | 391.9% |
| 2011 | N/A | 81.09 | -84% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.28 | 11.75 | 42.7% |
| Mar 2026 | 0.19 | 13.99 | 73.9% |
| Dec 2025 | 0.13 | 15.58 | 119.5% |
| Sep 2025 | 0.03 | 13.09 | 403.8% |
| Jun 2025 | 0.03 | 10.46 | 304.8% |
| Mar 2025 | 0.05 | 10.85 | 236.1% |
| Dec 2024 | 0.06 | 12.75 | 198.3% |
| Sep 2024 | N/A | N/A | -105.8% |
| Jun 2024 | N/A | N/A | -183.3% |
| Mar 2024 | N/A | N/A | -395.5% |
| Dec 2023 | N/A | N/A | -450% |
| Sep 2023 | N/A | N/A | -181.7% |
| Jun 2023 | N/A | N/A | -197% |
| Mar 2023 | N/A | N/A | -150.4% |
| Dec 2022 | N/A | N/A | -137% |
Measured against past performance, NEM's PEG ratio is higher than its 3 and 5-year averages, though it is below the 10-year average.
Newmont's PEG of 0.28 is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 0.24, Newmont's PEG is 17% higher.
NEM has a PEG ratio below that of peer stocks FCX and RGLD.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NEM Newmont Corp | 0.28 | $98.74B |
| AA Alcoa Corp | 0.5 | $11.94B |
| FCX Freeport-McMoRan Inc | 0.6 | $90.03B |
| RGLD Royal Gold Inc | 0.65 | $16.83B |
NEM's Jul 31, 2026 PEG ratio comes in at 0.28.
Over the last 3 years, NEM's PEG ratio has settled near 0.11.
Over the last 5 years, NEM's PEG ratio has settled near 0.11.
In the last nine years, NEM's peak PEG ratio of 6.2 was recorded in the Mar 2018 quarter.
Currently, NEM's PEG ratio stands 61% lower than its 9-year historical average.
At 0.28, NEM's PEG ratio suggests the stock may be attractively priced given its growth rate.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jul 31, 2026, Newmont has a P/E ratio of 11.79. Earnings grew at 42.7% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.28. PEG RATIO(0.28) = PE RATIO(11.79) / EPS GROWTH(42.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.