NGD New Gold PE ratio, current and historical analysis
As of Feb 21, 2025, the New Gold stock's price-to-earnings ratio is 141.0. This results from the current EPS of $0.02 and stock price of $2.82.
NGD PE ratio history
The PE ratio of New Gold has averaged 108.7 over the last nine years. The current price-to-earnings ratio of 141.0 is 30% more than the historical average. In the past nine years, NGD's PE ratio reached its highest point in the Sep 2016 quarter at 435, when the stock price was $4.35 and the EPS was $0.01. The lowest point was recorded in the Sep 2022 quarter, when it reached 5.87 with a price of $0.88 and an EPS of $0.15.
New Gold PE ratio by year
Maximum annual increase: 6.88% in 2012
Maximum annual decrease: -70.49% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | N/A | N/A | $1.46 | -$0.09 |
| 2022 | N/A | N/A | $0.98 | -$0.1 |
| 2021 | 7.14 | N/A | $1.5 | $0.21 |
| 2020 | N/A | N/A | $2.19 | -$0.12 |
| 2019 | N/A | N/A | $0.88 | -$0.12 |
| 2018 | N/A | N/A | $0.76 | -$2.14 |
| 2017 | N/A | N/A | $3.29 | -$0.19 |
| 2016 | N/A | N/A | $3.5 | -$0.01 |
| 2015 | N/A | N/A | $2.32 | -$0.4 |
| 2014 | N/A | N/A | $4.3 | -$0.95 |
| 2013 | N/A | N/A | $5.24 | -$0.39 |
| 2012 | 25.65 | 6.88% | $11.03 | $0.43 |
| 2011 | 24 | -70.49% | $10.08 | $0.42 |
| 2010 | 81.33 | N/A | $9.76 | $0.12 |
| 2009 | N/A | N/A | $3.64 | -$0.64 |
New Gold PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 144 | N/A | $2.88 | $0.02 |
| Jun 2024 | N/A | N/A | $1.95 | -$0.03 |
| Mar 2024 | N/A | N/A | $1.7 | -$0.1 |
| Dec 2023 | N/A | N/A | $1.46 | -$0.09 |
| Sep 2023 | N/A | N/A | $0.91 | -$0.08 |
| Jun 2023 | N/A | N/A | $1.08 | -$0.09 |
| Mar 2023 | N/A | N/A | $1.1 | -$0.15 |
| Dec 2022 | N/A | N/A | $0.98 | -$0.1 |
| Sep 2022 | 5.87 | -23.17% | $0.88 | $0.15 |
| Jun 2022 | 7.64 | -23.6% | $1.07 | $0.14 |
| Mar 2022 | 10 | 40.06% | $1.8 | $0.18 |
| Dec 2021 | 7.14 | N/A | $1.5 | $0.21 |
| Sep 2021 | N/A | N/A | $1.06 | -$0.05 |
| Jun 2021 | N/A | N/A | $1.81 | -$0.01 |
| Mar 2021 | N/A | N/A | $1.54 | -$0.06 |
NGD average PE ratio chart
Currently, NGD's PE ratio is above its 5 and 10-year historical averages.
NGD PE vs peers
When compared to its peer stocks CDE and HL, NGD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CDE Coeur Mining Inc | 36.4 | $3.49B |
| HL Hecla Mining Co | 87 | $3.3B |
| NGD New Gold Inc | 141 | $2.23B |
Frequently asked questions
What is New Gold's PE ratio?
NGD's price to earnings ratio is 141 as of Feb 21, 2025.
What is the 5-year average PE ratio for New Gold (NGD)?
The average PE ratio for NGD stock over the past 5 years is 34.93.
What is the highest PE ratio for NGD?
In the last nine years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 435.
How does the current PE ratio for NGD compare to its historical average?
NGD's price to earnings ratio is currently 30% above its 9-year historical average.
Why is New Gold's PE ratio so high?
NGD's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is NGD's PE ratio calculated (New Gold PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Feb 21, 2025), New Gold's stock price is $2.82. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.02. Therefore, New Gold's price to earnings ratio for today is 141. PE RATIO(141) = STOCK PRICE($2.82) / TTM EPS($0.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.